Senior Finance Officer – Cosmopolitan Health Insurance

Job Description

1. Role Summary
   The Senior Finance Officer will implement the approved financial policies and procedures;
   including recording, reporting and reconciling financial transactions to ensure prudent financial
   management.
   
2. Key Responsibilities

• Implements approved accounting/financial policies, standard operating procedures
  (SOPs), guidelines and work plan to achieve targeted objectives of the Company.
• Identifies control risk measures in financial transactions/procedures and propose
  improvements for implementation.
• Vets payment vouchers, invoices, etc. and processes through the General Ledger for
  approval and payment.
• Reconciles balance sheet items and/or General Ledger for review.
• Ensures the maintenance and update of data/records in approved Accounting Software for
  all payment vouchers and journals.
• Maintains and updates records of all accounting transactions with all accounts.
• Prepares short term cash flow projections upon request by Supervisor.
• Conducts research/studies and advises Head of Department on new investment
  opportunities.
• Prepares consolidated cash flow report for Management decision making.
• Prepares variance analysis of revenue and expenditure against budget and report on any
  deviations for corrective action.
• Maintains and updates effective Fixed Assets Register system for the Company.
• Ensures the set-up of employees on the approved Computerized Accounting System.
• Collates budget inputs from all Departments for the preparation of the Company’s annual
  budget.
• Processes for payment employees’ benefits entitlements in line with approved conditions
  of service.
• Reviews monthly payroll reports to identify any inconsistencies for redress.
• Prepares accurate premium invoices.
• Collects all premium receivables per assigned schedule.
• Leads in the preparation of monthly bank reconciliation statements.
• Liaises with approved Banks and Third Parties to ensure prompt resolution of issues
  relating to financial transactions.
• Prepares SSNIT, VAT and PAYE returns for payment to Statutory Institutions.
• Maintains professional relationships with Service Providers, Banks, Regulatory Agencies
  and other external stakeholders in financial management.
• Stays abreast with legislations, rules/regulations, financial laws, new developments and
  international best practices in financial management processes and techniques.
• Participates and provides input in annual audit activities.
• Provides support in the preparation of monthly/quarterly financial reports (i.e. Income
  Statements, Balance Sheet, etc.) and prepare any other report relating to job function.
• Performs any other duties assigned periodically.

1. Job Specification
   Education:

• Bachelor’s Degree or equivalent professional qualification in Accounting, Finance or
  related field – preferably a chartered accountant.
  Experience:
• A minimum of 5 years of relevant experience in Finance or Accounting role.
  
  
  Key Competencies:
• Good knowledge and understanding in the use of accounting and auditing methodologies
  and tools.
• Good knowledge/understanding of tax laws and related regulations.
• Good working knowledge and experience in preparing cash forecasts and cash flow
  analysis.
• Ability to create solutions to new financial challenges.
• Good financial knowledge, including investment planning, asset allocation.
• Good knowledge/understanding of investment portfolio management.
• Good knowledge of accounting software/tools, Microsoft Excel, Word, PowerPoint and
  internet.
• Ability to plan and execute programs to meet deadlines.
• Ability to take sound and timely decisions.
• Ability to solve problems.
• Ability to exhibit a high moral standard and level of integrity.
• Excellent communication and presentation skills.
• Strong analytical skills.
• Ability to maintain confidentiality.
• Ability to relate well with people at all levels.
• Ability to pay attention to details

How to Apply
Interested and qualified candidates are to send their CV with the job title as subject of the email to info@cosmopolitanmhi.com