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Finance Manager Hollard Insurance

Details
Closing Date 2023/03/10
Reference Number HOL230228-1
Job Title Finance Manager (Zambia)
Business Unit Hollard International
Department Finance
Job Family Finance
Job Type Classification Permanent
Reporting To Head: Finance
Number of Positions 1
Location – Town / City Zambia
Location – Province Other
Location – Country Zambia
Job Advert Summary Hello…an exciting new opportunity has just become available in our HINT, Finance area. We are looking to recruit a Fianance Manager.Report on Company results and measure Company performance.

Provide insightful information to stakeholders in order for them to make informed decisions that will enhance sustainable growth and keep in line with strategic objectives.

Ensure financial reports are submitted timeously to the various stakeholders including, HINT Hollard Board and Exco.

Act as an early warning function for matters that could impact the licence and the Company’s ability to continue with business.

Provide accurate and timely input for the preparation of all monthly financial reports.

Ensure compliance with the relevant laws and standard governing financial reports.

Ensure a green control environment is maintained at a financial level by reviewing the effectiveness of controls implemented, in order to prevent financial loss to the Company.

Review business performance and profitability

Prepare monthly financials and all associated financials

Prepare all financial board packs required for Shareholders and Exco boards Identify areas of concern and ensure that these issues are addressed and resolved timeously.

Advise business of key risks areas and concerns and actions to resolve.

 

Regulatory Reporting

Prepare and submit Quarterly and Annual statutory returns to the Regulator.

Ensure timeous submission of all statutory returns – NAPSA, ZRA, etc.

Monitor the key regulatory risks that surround the licence e.g. insurance reserving and other governance and risk management practices.

Prepare annual financial statements.

Coordinate and manage the annual audit process, including annual actuarial valuation.

Coordinate and manage the annual internal audit and IFC processes.

Coordinate and manage projects being undertaken by the  organisation such as IFRS17

 

 

Management Reporting

Prepare periodic financial reports to Management and HINT for monitoring of performance against agreed targets.

Prepare monthly expense variance reports.

 

Budget, planning and forecasting

Coordinate the annual Budget process and timelines.

Manage the Company’s cash expectations to ensure sufficient liquidity is maintained at all times.

Analyse Company spend and identify cost saving opportunities.

 

Investments

Ensure Company’s surplus funds are appropriately invested within approved guidelines. Monitor performance of investments and reinvest where necessary.

Submit all required information to Investment Committee for quarterly meetings.

 

Administration

Manage monthly payroll process.

Oversee all administrative matters including procurement and fixed asset management.

Required Knowledge and Experience A minimum of 5 years’ experience in a similar role.

Good working knowledge of the Insurance Act.

Good understanding of IFRS applicable to Insurance companies.

Good report writing and presentation skills.

Ability to work in a deadline-driven environment.

Good communication skills.

Attention to detail.

Self-driven

Ability to deliver results.

Ability to lead a team

Educational Requirements CIMA/ACCA/Degree in Accounting

Grade 12 Certificate with at least 5 O Levels including English and Mathematics

Submit your CV and Application on Company Website : Click Here

Closing Date : 7th March, 2023.

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