Manager 1: Reporting & Financial Controls

About the role

ICEA Lion Group is hiring a Manager 1, Reporting & Financial Controls for its Life Assurance business in Nairobi. The role maintains a strong internal control environment by implementing, monitoring and enforcing accounting and financial controls, and supports timely, complete and accurate submission of compliance and statutory returns. It is a full-time, on-site position.

Key responsibilities

• Strengthen the financial controls framework across the Life business and lead bank reconciliation, supervising the team and investigating reconciling items
• Conduct periodic control assessments to identify control gaps, fraud risks and operational inefficiencies, and work with the CFO, Head of Finance and process owners on remediation plans for audit findings
• Maintain the compliance schedule and ensure compliance with regulatory and statutory requirements (IRA, RBA, UFAA, PCF, KRA) and tax laws, liaising with the tax team
• Support monthly, quarterly and annual financial reporting under IFRS 17, including posting general ledger journal entries and preparing ad hoc reports
• Support budget management by reviewing LPOs and payment vouchers, and support the end-of-year audit with audit schedules and disclosures

Required profile

• Bachelor's degree in Finance, Accounting, Commerce or a related field
• CPA(K), ACCA or equivalent professional qualification
• 7 to 10 years' relevant experience, preferably in insurance or financial services
• Good understanding of Life Assurance accounting, IFRS 17 and insurance sector regulations

Required skills

• Strong experience in financial controls, reconciliation, audit and risk management
• Proficiency in financial systems and ERPs, and use of data analytics tools

The application is handled through the recruiting partner, Corporate Staffing Services.