Job vacancy Chief Finance Officer (CFO)

A reputable institution is seeking to recruit a Chief Finance Officer (CFO)

Job Purpose

• To be responsible for all Financial Management including Capital Management, Expense Management, Financial, Financial Planning and Projections, Financial Reporting Regulatory Relationships, Risk Management and Tax Planning of the company

Key Responsibilities

• Ensure that the cash flow position of the company is healthy at all times
• Provide direction, ongoing management and technical guidance for the department
• Manage the company's premium collection process and overseeing processing of premium/claim payments
• Develop and manage systems of internal controls over company transactions
• Act as the primary financial regulatory contact for all regulators as well as internal and external auditors for both ongoing financial reporting requirements and financial examinations
• Ensure that adequate controls are installed including adhering to compliance procedures and internal/operational risk mitigating controls in accordance with any and all applicable regulatory standards, requirements and policies
• Ensure that the reported results comply with generally accepted accounting principles and/or international financial reporting standards
• Develop and effectively maintain the capital and operating budget of the company
• Assist in the design, implementation and timely calculation of wage incentives, commissions and salaries of staff

Qualification Required & Experience

The ideal candidate should have strong problem solving and creative skills coupled with the ability to exercise sound judgement and must:

• Possess a degree in Accounting or Finance or an MBA and/or a professional accounting certification from a recognized institution
• Minimum of 8 years progressive finance related experience, preferably in a financial or insurance industry, 4 of which must be at management level
• Must have a high level of integrity and dependability with a strong sense of urgency and result-orientation.