Job Summary:
Deputizing the GM – Treasury, Investments & Credit control, the incumbent shall be responsible for supporting the efficient management of the company’s investment portfolio, treasury function in addition to accountability on the credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers
Duties and Responsibilities:
Efficiently and actively (day-to-day) managing the company’s entire investments portfolio made up of Government Bonds, Corporate Bonds, Quoted Equities, Non-Quoted Equities, Bank Deposits, Cash at Bank, and Properties and daily reporting on the Company’s daily performance to the GM.
Actively (day-to-day) participate in bonds and equities trading at the NSE and daily reporting on the Company’s daily performance to the GM
Actively (day-to-day) managing the company’s Treasury Function and managing liquidity and daily reporting on the Company’s daily performance to the GM.
Develop and update investment/treasury/credit policies on a regular basis
Reporting on the Company’s investment performance to the Management, Board Investment Committee, and the Board.
Generate investment income revenues to meet the set targets.
Maintain counterparty relationships, accounts, credit/trading limits, and correspondence.
Maintain external relationships with regulators and market bodies.
Mobilize funds from premiums collections and other investments to fund the balance sheet.
Manage the price of the company liabilities.
Credit Control Function:
Reconcile debtors sub-ledger to General ledger
Maintain weekly collections as per approved forecasts and maintain an updated collection report.
Identify changes in payment patterns and propose action to avert indebtedness
Provide information for recommending bad debts provision in line with credit policy
Ensure all Client reconciliation issues are raised with respective departments and sorted out.
Collect all outstanding debt from customers within the credit control policy and as per set targets.
Ensure correct weekly debtors reports circulation for debtors and cash inflow forecasts
Ensure monthly debtors’ statements generation and emailing
Monitor the actual and projected exposure against the credit limit
Analyze and reconcile all client statements and circulate monthly to all stakeholders to facilitate collection.
Ensure credit policy relevancy, compliance, and adherence (Held, Suspended Accounts)
Creation of new customer accounts as per policy
Ensure credit accounts are created only after getting fully approved credit application forms
Coordinate monthly credit control meetings.
Knowledge, experience, and qualifications:
Bachelor’s degree in Finance, Accounting, Business, Statistics, Mathematics, Economics, or related fields from a recognized institution.
Certified Public Accountant (CPA- K) or Certified Financial Analyst or its equivalent whether fully/part qualified
Eight (8) years experience in Treasury & Investments functions out of which 5 years should be at Head or senior management level in a financial institution.
Five (5) years experience in active bonds and equities trading at the NSE
Excellent interpersonal, communication, and negotiation skills
Excellent writing and presentation skills.
Critical thinking and problem-solving skills
Excellent decision-making and leadership capabilities
Customer and Stakeholder management skills
Ability to work under pressure and within strict deadlines
Entrepreneurial/Commercial mind-set
Apply via :
www.gainsuranceltd.com
