Functional Area : FA - Finance Estimated Travel Percentage (%) : No Travel Relocation Provided : No AIG Kenya Insurance Co.
Ltd PURPOSE / NATURE OF THE ROLE : This is a senior position which seeks to increase the long term share value and to safeguard the assets of the company by : finding ways to improve the performance of the financial operation, ensuring a satisfactory system of internal controls in the organization, shareholder wealth maximization, safeguarding the assets of the company avoiding wastage through prudent investment, maintaining adequate liquidity to facilitate prompt claims service without jeopardizing investment income and ensuring compliance with regulation (Local & US SEC, SOX etc).
PRINCIPLE DUTIES AND RESPONSIBILITIES : Regulatory, Statutory & Management Reporting Overall responsibility for all Finance aspects in Kenya, which includes Tax, Actuarial, Controlling, FP&A and Capital Management responsibilities.
Accountable for timely and accurate delivery of AIG Kenya’s external financial reporting and maintenance of a robust control environment.
Business partnering and support role to the CEO, which includes updates on business strategy execution and profitability assessments of each line of business Primary Finance contact to the independent, non-
Ensure proper tax planning, computation and accounting and remittance of all applicable taxes (PAYE, VAT, WHT, etc) Business Partnership & Leadership Engage with executive management as a strategic partner, influencing the future direction of the company and aligning business and finance strategy to achieve profitable and sustainable growth.
Instill a financial approach and mind set throughout the organization as a catalyst to help other parts of the business perform better.
Improving efficiency whilst maintaining control standards consistent with AIG policies and regulatory requirements; Control environment and Framework Provide a preventive financial control environment, aligned to company and legislative requirements.
Ensure integrity of all financial data in underlying administrative system. Ensure control over operating systems impacting financial performance is implemented and operating effectively.
advise the CEO on financial issues which arise and the consequences of proposed course of action. Ensure financial records are maintained in line with company and legislative requirements Ensure Internal and External financial reporting is concluded on a timely manner with appropriate approvals Administer the work of investment committee Review financial analysis for investment purposes as requested by the CEO.
Manage account reconciliations accordingly to company and auditors standard Team Management & Development Leading, mentoring and professionally developing people, making best and highest use of talent including exporting to benefit the wider Group, managing succession plans, fostering a culture of collaboration and promoting and delivering the benefits of working collaboratively to deliver AIG’s strategic objectives Aligning activity of Finance in Kenya with Region and Group QUALIFICATIONS : Business Degree (B.
Com Accounting or MBA) Certified Public Accountant (K) Member of the ICPAK EXPERIENCE : Minimum of 8 years of experience in a Senior Accounting Position, as Finance Manager or Chief Finance Officer.
Working knowledge of a multinational organization is highly recommended. Working in a matrix reporting structure will be an advantage.
SKILLS : Business acumen to understand AIG’s business and functions Solving complex problems Managerial courage Organizational Agility COMPETENCIES Technical Competencies : -
Financial Analysis & Reporting Optimizing work processes Planning Compliance / Regulatory knowledge Management Reporting Business / Product knowledge Leadership Competencies : -
Dealing with Ambiguity Excellent negotiation and presentation skills Customer relationship building and management Conflict management Team building skills It has been and will continue to be the policy of American International Group, Inc.
its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability.
Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.