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Financial Reporting and Budgeting Associate Life Jobs

1 month ago   Jobs Offers   Nairobi   82 views

0.0 star

Location: Nairobi

Job Description/RequirementsKey responsibilitiesPreparation of full IFRS monthly, quarterly and annual financial statementsPopulate financial data into the Group finance pack and submit forinternal review with respect to pre-set calendar dates and deadlines.Prepare and update the month end checklist to manage achievement of month end ledger close processes.Preparation and consolidation of Company budget and projections templates.Upload of approved budgets to Hyperion and ERPPrepare and post end month journal entries including; premiums, claims, technical reserves and taxationPrepare periodic reconciliations for key and critical accounts. Conduct trial balance ledger validation and control checks.Compliance with Insurance Regulations including filing monthly, quarterly and annual Statutory ReturnsComputation and payment of monthly Premium Taxes, Policy Holder Compensation Fund and Training leviesProvide support to audit processes by providing relevant schedules, listings and reconciliations as and when requiredSupport the provision of ad hoc and predetermined reports relevant for financial analysis and decision support.Delegated Authority: As per the approved Delegated Authority MatrixMaintain the integrity of the financial reporting process and financial controlsKnowledge, experience and qualifications requiredBachelor's degree in a business related fieldCPA(K) or other similarly recognized accounting profession qualification2-3 years of accounting experience in a similar roleKnowledge of ERP AP system and/or experience of using Oracle Financials would be an advantageStrong computer and business solutions software skillsStrong analytical and problem solving skillsAnalytical skills

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