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Chief Finance Officer

kampala, Uganda * Fulltime
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Jubilee Insurance

Insurance Total Positions: Location: kampala, Uganda Fulltime Salary: Attractive Posted 1 year ago
The position holder will report to the Chief Executive Officer
KEY DUTIES AND RESPONSIBILITIES
• Strategy • Lead the development of short and long-term financial objectives, ensuring alignment with Jubilee Group standards. • Coordinate budget processes and financial evaluations for strategic initiatives, M&A activities, and new operations. • Provide financial insights to support decision-making and foster relationships with financial institutions to optimize partnerships. • Accounting • Implement new accounting standards (e.g., |FRS 17) and monitor their impacts. • Work with internal and external auditors and actuaries to ensure compliance and accurate valuations. • Manage the finance team’s performance against budget targets. • Controlling and Reporting • Oversee the preparation of annual financial statements and reports. • Analyze financial data, comparing actual performance with budget and industry benchmarks. • Ensure compliance with regulatory reporting and maintain effective financial controls. • Advise the CEO and Board on financial matters and ensure sound financial management practices. • Compliance • Stay updated on financial regulations and ensure adherence to industry standards and internal policies. • Implement risk management strategies to mitigate operational, financial, and regulatory risks. • Leadership and People • Provide transformational leadership and build a high-performing finance team. • Foster a corporate culture that supports ethical practices, employee motivation, and development. • Ensure adequate recruitment, training, and succession planning within the finance department.
QUALIFICATIONS / SKILLS
• Strong knowledge of life insurance industry practices, products, and regulatory requirements. • Strategic, performance-driven individual with excellent leadership, communication, and stakeholder management skills. • Proficient in risk management, financial planning, and reporting, with a proven record of revenue growth. • Relevant Experience • Master’s in Finance, Business Administration, or related field. • Bachelor’s in Finance or related field. • CPA/ACCA qualification or equivalent. • Minimum of 10 years of experience in finance, particularly in regulated environments, with a focus on the insurance sector.
HOW TO APPLY
If you are qualified and seeking an exciting new challenge, please apply via RecruitmentLife@jubileeUganda.com quoting the Job Reference Number and Position by 14th December, 2024. Only shortlisted candidates will be contacted.
Deadline: Expired
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