Requirements / Person Specifications**

Academic Qualifications****

For appointment to this grade, an officer must have:

Bachelor’s Degree in any of the following disciplines: Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance or Accounting Option), Strategic Management, Finance, Accounting, or an equivalent qualification from a recognized and accredited institution.
Master’s Degree in any of the following disciplines: Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance or Accounting Option), Strategic Management, Finance, Accounting, or an equivalent qualification from a recognized and accredited institution.

Professional Qualifications****

The officer must have:

Certified Public Accountant of Kenya (CPA -K) qualification from KASNEB or an equivalent qualification from a recognized and accredited institution;
Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) and in good standing;
A Management Course lasting not less than four (4) weeks from a recognized and accredited institution;
Proficiency in computer applications; and
Fulfilled the requirements of Chapter Six of the Constitution of Kenya.

Experience**

The officer must have:

At least fifteen (15) years’ relevant work experience in accounting, financial reporting, or auditing, three (3) of which must have been served at the level of Assistant Manager or in a comparable senior position in a reputable organization, preferably in the insurance or reinsurance sector.
Demonstrated knowledge and practical application of International Financial
Reporting Standards (IFRS) in the preparation and presentation of financial statements.

Strategic Planning, Budgeting & Performance Contracting

Lead the development, coordination, and implementation of the Corporation’s annual budget, and long -term financial projections in line with GOE requirements.
Coordinate the preparation, review, and monitoring of performance contracts, ensuring alignment with strategic plans and timely reporting on performance targets.
Advise Senior Management on strategic financial planning, resource allocation, expenditure prioritization, and financial sustainability.
Review budget performance, undertake variance analysis, and recommend corrective actions.

Treasury & Cash Flow Management

Oversee treasury operations, including cash flow forecasting, liquidity management, banking relationships, and investment of surplus funds.
Ensure optimal management of working capital, foreign currency exposure, and investment portfolio in line with approved policy ]

Financial Reporting, IFRS 17 & Group Accounting

Oversee preparation of accurate monthly, quarterly, and annual financial statements, management accounts, and consolidated group accounts in compliance with IFRS 17, IFRS, and Public Sector Accounting Standards.
Lead group accounting processes, including consolidation of subsidiaries and Retakaful operations.
Ensure timely preparation and submission of quarterly and annual regulatory returns to the Insurance Regulatory Authority (IRA).

Sustainability & ESG Reporting (IFRS S1 & S2)

Lead the preparation, integration, and disclosure of sustainability -related financial information in line with IFRS S1 (General Requirements for Disclosure of Sustainability - related Financial Information) and IFRS S2 (Climate -related Disclosures).
Coordinate the identification, measurement, and reporting of ESG risks and opportunities, ensuring they are appropriately reflected in financial statements and management reporting.
Support the integration of ESG factors into strategic planning, budgeting, and overall financial decision -making.

Compliance, Tax & Statutory Obligations

Ensure full compliance with the Public Finance Management Act 2012, IFRS 17, tax laws, and all other statutory requirements.
Manage timely processing and remittance of all statutory deductions, taxes, pension contributions, and regulatory payments.
Liaise with external auditors, internal auditors, IRA, and other oversight bodies during audits and financial reviews.

Internal Controls & Accounting Operations

Develop, implement, and continuously strengthen internal financial controls and accounting systems.
Maintain an accurate general ledger, fixed assets register and perform timely reconciliations of all control accounts.
Oversee payroll processing, bank reconciliations, creditors management, and expenditure authorization within approved limits.

Advisory, Policy & Leadership

Provide high -level advice to the General Manager, Finance & Credit Control and Senior Management on financial policies, revenue optimization, costing, pricing, and cost efficiency.
Initiate and recommend improvements to financial policies, procedures, and governance frameworks, including ESG integration.
Supervise, mentor, appraise, and develop staff in the accounting function while fostering professionalism and accountability.
Prepare departmental work plans, procurement plans, and periodic management reports.

Any Other Duties

#IkoKaziKE

Chief Accountant