Financial Accountant at CIC Insurance

PURPOSE:

To provide the financial support on budgetary controls and cost leadership.

PRIMARY RESPONSIBILITIES:

• Prepare consolidated budget reports, track monthly analytical variances and ratios.
• Provide inputs, information and statistics for all stakeholders’ periodic operating expense, capex and intercompany
• Preparation and analysis of monthly Holding company management accounts and quarterly board reports.
• Preparation, reconciliation and sharing of monthly expense reports across the Group and Departmental expenses including budget variance analysis
• Assist in the preparation of annual financial statements and returns for statutory audit.
• Updating Revenue accounts with budgets and prior year numbers on a monthly basis
• Ensure data, information and reports remains clear and are consistent across the Group entities (single source of truth)
• Approve purchase requisitions in line with budgets and ensure that all accounting transactions are posted to the correct cost centers
• Ensure proper expense TB mappings and update of expenses to the GL and subledgers and update of intercompany transactions and interest accruals
• Ensure TB to GL reconciliations, including fixed asset register, tax recons
• Plan, prepare and facilitate external and internal audits schedules and information as per Audit calendar
• Liaison with all reporting entities (including Regions) to ensure timely and accurate reports as per set TAT’s and SLA’s.
• Support in implementation of any financial reporting systems and tools.
• Ensure all advances are recovered on a timely manner

Academic and Professional Requirements

Education

• Minimum of Bachelors Degree in Business-related field from a reputable university 
• Professional Qualifications    CPA
• Computer literate in MS Office and other office applications

Experience Required:

• Relevant experience    2