Financial Accountant Job in Kenya

Financial Accountant 

About Us

Liberty Life is a leading insurance
services company and a wealth management company represented in various African
countries. We use our knowledge and action to guide our customers on their
journey to financial freedom. We believe in responding to the changing consumer
and market needs through innovative solutions and technologically efficient
processes. To help us advance this goal, we are seeking talented,
self-motivated and skilled individuals of high personal integrity to fill the
positions below.

Job Summary

The Financial Accountant is responsible
for preparation of accounting records and reports to ensure the provision of
timely and accurate financial information in accordance with prescribed
financial policies, standards and accounting requirements. The Financial
accountant will also be responsible for managing the company operating expenses
to ensure that they are within set budgets and also maintain the fixed assets
register.

Key Responsibilities

Core deliverables

• Responsible
  for developing financial reports for internal and external stakeholders
  and analysis of business performance against the budget


• Ensure
  that all company assets are properly recorded, updated and accounted for
  as per policy


• Effectively
  report on expenses and highlight variances for management action


• Streamline
  the core business systems to ensure proper mapping and interface with the
  financial system


• Input
  in development of underlying processes, reports and systems to facilitate
  ongoing improvement in efficiency and quality of reconciliations processes


• Manage
  information flows to and from other areas of finance and the business to
  resolve reconciliation queries


• Manage
  internal and external audit exercises


• Preparation
  of financial statement, budgets and other management reports.


• Prepare
  and record journal entries and make necessary corrections to ensure the
  accuracy of the accounting system


• Implement
  financial controls as required and monitor risks to financial controls


• Generation
  of trial balance to ensure that the transactions are accurately recorded
  in the books of accounts



• Assist
  in managing month end process including cut off


• Assist
  in investment reporting including generating of monthly return on Assets
  (ROA) report


• Assist
  in monthly reporting to management and Group


• Prepare
  and ensure all statutory and regulatory reporting requirements are met in
  a timely manner


• Timely
  submission of monthly report


• Accurate
  reporting


• Compliance
  level with regulatory framework – IRA/KRA/IFRS


• Safe
  custody of assets


• Maintaining
  expenses within approved budget

Qualifications

• Bachelors’
  degree in a business related field


• Professional
  accounting qualification such as CPA K or ACCA


• At
  least 4 years’ experience in finance preferably within the financial
  service industry

Competencies

• Knowledge
  on Finance and Tax legislation


• Knowledge
  on budgeting


• In
  depth understanding of insurance operations and concepts


• General
  knowledge of Ledger, Accounting


• Knowledge
  of relevant legislation framework


• Finance
  management and risk awareness


• Accounting
  principles

How To Apply

If you meet the above requirements, you
are encouraged to forward your application and updated CV to hr@libertylife.co.ke by 4th
August 2022 clearly state the job title on the subject
heading. Liberty Life is an equal opportunity employer and actively encourages
diversity. Please note only shortlisted candidates will be contacted.