Chief Accountant Vacancy at Britam

Chief Accountant Vacancy at Britam

Job Description – Chief Accountant (2400002D)

Chief Accountant Vacancy at Britam

Job Purpose and Key responsibilities

Job purpose

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Key responsibilities

• Prepare Financial accounts and ensure compliance to IFRS’s
• Production of Monthly management accounts i.e Revenue Account, P&L, balance sheet,
  Control of investment portfolio and cash management
• Management of the Fixed Assets Register
• Implement financial controls as required and monitor risks to financial controls
• Supervise the credit control unit
• Coordination of internal audit in liaison with the Internal Audit department and assist in external and regulatory audits
• Manage accounts reconciliation and sign offs in coordination with other departments
• Supervise and mentor the subordinates to ensure that they deliver on highest performance
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard

Key Performance Measures

Expense ratio (% of NEP)

Investment income

• Compliance to legal, regulatory and operational requirements
• Review monthly bank reconciliations and signoff
• Reconciliation of all GL accounts
• Turnaround time for claims & commission payments
• Timely submissions of monthly reports

Working Relationships

Internal Relationships:

• Accountable to the Chief Finance Officer
• Directly responsible for staff working under this position
• Required to liaise and work closely with the other business department staffs as may be necessary

External Relationships:

• Tax Authorities
• Suppliers

External auditors

Knowledge, experience and qualifications required

• Bachelor of Accounting and Finance or its equivalent degree.
• Fully qualified Accountant (CPA (T) or ACCA)
• 6 years’ experience in a similar position, two of which must have been in a supervisory position

Essential Competencies

• Leading and Supervising: Provides team with a clear direction based on the overall strategy and objectives of the department; motivates and empowers others with a clear sense of purpose; creates a positive climate that fosters learning and development; acknowledge high potential talent within the team; sets and articulates the vision and values through own personal behaviour.
• Persuading and Influencing: Gains clear agreement and commitment from other; promotes the departmental strategy and objectives during team conversations; promotes ideas on behalf of the team and or department; makes a strong personal impact on others; takes care to manage the team’s impression and brand on others.
• Presenting and Communicating Information: Speaks fluently; expresses opinions, information and key points of an argument clearly; responds quickly to the needs of an audience and to their reactions and feedback; projects credibility.
• Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; encourages team and individual responsibility towards the community and the environment.
• Analysing: Analyses numerical data and all other sources of information, to break them into component parts, patterns and relationships; probes for further information or greater understanding of a problem; makes rational judgements from the available information and analysis; demonstrates an understanding of how one issue may be a part of a much larger system.
• Planning and Organising: Sets clearly defined team objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organises resources needed to accomplish tasks; manages time effectively; monitors team performance against deadlines and milestones.
• Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; sets high standards for quality and quantity; monitors and maintains quality and productivity; works in a systematic methodical and orderly way; consistently achieves projects goals.

Primary Location: Tanzania, United Republic of-Dar es Salaam
Organization: Britam Insurance Tanzania Limited
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 25-07-2024
Unposting Date: 07-08-2024
Number of Openings: 1

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