Head of Finance (m/f)

Duties

• Developing the strategy of the department
• Managing the financial reporting process to enable the production of statutory financial statements complying with relevant professional, statutory and regulatory standards
• Manage the administration system reconciliation to general ledgers
• Manage relationship with external auditors including fee negotiations, the scope of work, audit findings, audit process
• Responsible for (develop/determine and implement) line of business system accounting specification and design of financial architectures
• Design of financial accounting controls and processes
• Manage product level accounting process as input into actuarial valuations
• Produce and evaluate financial business cases supporting new initiatives
• Measure ROI on new initiatives and monitor adherence to business cases
• Give input in setting up of business KPI’s and monitor performance in relation to these
• Take ownership of the entire International budget process which includes
• Manage product cost allocation process as input into actuarial valuations
• Analyze appropriateness of cost base and recommend an implement actions to address issues
• Negotiate fees with other MMI Group companies, including policy administration, actuarial valuation services and brand costs
• Direct Cash flow management
• Provide financial insight and analysis to International executives
• Responsible for production of monthly International Operations report to International Executives as well as Group FD
• Responsible for production of quarterly report to audit and risk panel
• Responsible for drafting annual International Operational Plan (budget document)

Requisites

• Chartered Accountant (CA) or Chartered Management Accountant (ACMA)
• 5 – 8 years working experience in financial services, preferably health insurance
• 3 – 4 years experience in functioning within a multi-disciplinary executive team
• 2 years of experience in management in leading the performance of a team
• Competent in Microsoft Office and willingness/ability to adapt to changing tools

Notes

• Only shortlisted applicants will be contacted