Job description
The Group Financial Planning & Consolidations Manager will be responsible for financial planning and group consolidations for the UAP Old Mutual Group.
The successful candidate will possess accounting and/ or actuarial skills with highly analytical mind, keen eye for detail, controls/process oriented individual with a proven track record and ability to work under minimal supervision. The candidate should also be a highly versatile individual with ability to pick up new systems quickly.
PRINCIPAL ACCOUNTABILITIES
Group Financial Planning & Consolidations
Contributes to and implements broader financial strategy across the business.
Coordination of the Group’s Strategic Planning and annual Budgeting process
Consolidation of the Group’s strategic plan and tracking of the consolidated strategic plan
Coordination of the planning process and reporting to the Group
Monitoring implementation status of the Group’s Strategic initiatives, including trend analysis of key financial and non-financial performance indicators across the Group Companies and driving the forecasting process
Supporting the financial analysis of major strategic projects in the Group
Coordination of HFM reporting for the business plans across the UAP Old Mutual Group
Review and consolidation of the East Africa region financial reports and preparation of management packs for regional team meetings
Analytical review of financial statements to ensure reasonableness in reported numbers for regulatory, internal and external audit purposes and management reporting
100% income statement substantiation through Finance Managers of each reporting entity
100% balance sheet substantiation through Finance Managers of each reporting entity
Preparation of Group Financial Statements for publication in line with regulatory requirements (e.g., CMA, IRA, RBA, etc)
Liaison with internal and external auditors and regulators as required
Preparation and presentation of finance related Board Papers as may be required
Implementation of best financial reporting standards and operating practices including: International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS)
People Management
Coaching, training and development of the UAP Old Mutual Group Finance team members
KNOWLEDGE, SKILLS AND EXPERIENCE REQUIRED
Bachelor’s Degree in Actuarial Science, Accounting, or Finance.
Professional qualification – CPA, CFA or ACCA
8 years’ Relevant Experience
An MBA in Finance will be an added advantage
Insurance industry experience an added advantage
