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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 reports
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
Experience
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
Application Procedure
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.
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