Financial Reporting and Budgeting Associate GI at Britam

Job Purpose:

The job holder is responsible for assisting in financial analysis and budgeting in the financial reporting section
Key responsibilities

• Preparation of full IFRS monthly, quarterly and annual financial statements
• Populate financial data into the Group finance pack and submit for internal review with respect to pre-set calendar dates and deadlines.
• Prepare and update the month end checklist to manage achievement of month end ledger close processes.
• Preparation and consolidation of Company budget and projections templates. 
• Upload of approved budgets to Hyperion and ERP
• Prepare and post end month journal entries including; premiums, claims, technical reserves and taxation
• Prepare periodic reconciliations for key and critical accounts. Conduct trial balance ledger validation and control checks.
• Compliance with Insurance Regulations including filing monthly, quarterly and annual Statutory Returns
• Computation and payment of monthly Premium Taxes, Policy Holder Compensation Fund and Training levies
• Provide support to audit processes by providing relevant schedules, listings and reconciliations as and when required
• Support the provision of ad hoc and predetermined reports relevant for financial analysis and decision support.
• Delegated Authority:  As per the approved Delegated Authority Matrix
• Maintain the integrity of the financial reporting process and financial control

Knowledge, experience and qualifications required

• Bachelor's degree in a business related field
• CPA(K) or other similarly recognized accounting profession qualification
• 2-3 years of accounting experience in a similar role
• Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage
• Strong  computer and business solutions software skills
• Strong analytical and problem solving skills
• Analytical skills