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Britam Insurance Tanzania Jobs 2024
Chief Accountant – (2400002D)
Chief Accountant at Britam Insurance July 2024
Job Purpose and Key responsibilities
Job purpose
The
role holder will be responsible for ensuring that financial accounts
are prepared in a timely manner and that there is financial integrity of
the statutory accounts. The role will report to the Chief Finance
Officer.
- Prepare Financial accounts and ensure compliance to IFRS’s
- Production of Monthly management accounts i.e Revenue Account, P&L, balance sheet,
- Control of investment portfolio and cash management
- Management of the Fixed Assets Register
- Implement financial controls as required and monitor risks to financial controls
- Supervise the credit control unit
- Coordination of internal audit in liaison with the Internal Audit department and assist in external and regulatory audits
- Manage accounts reconciliation and sign offs in coordination with other departments
- Supervise and mentor the subordinates to ensure that they deliver on highest performance
- Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard
Key Performance Measures
· Expense ratio (% of NEP)
· Investment income
· Compliance to legal, regulatory and operational requirements
· Review monthly bank reconciliations and signoff
· Reconciliation of all GL accounts
· Turnaround time for claims & commission payments
· Timely submissions of monthly reports
Internal Relationships:
· Accountable to the Chief Finance Officer
· Directly responsible for staff working under this position
· Required to liaise and work closely with the other business department staffs as may be necessary
External Relationships:
· Tax Authorities
· Suppliers
· External auditors
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Knowledge, experience and qualifications required
1. Bachelor of Accounting and Finance or its equivalent degree.
2. Fully qualified Accountant (CPA (T) or ACCA)
3. 6 years’ experience in a similar position, two of which must have been in a supervisory position
Essential Competencies
Leading and Supervising: Provides team with a clear direction based
on the overall strategy and objectives of the department; motivates
and empowers others with a clear sense of purpose; creates a positive
climate that fosters learning and development; acknowledge high
potential talent within the team; sets and articulates the vision and
values through own personal behaviour.
2. Persuading and
Influencing: Gains clear agreement and commitment from other; promotes
the departmental strategy and objectives during team conversations;
promotes ideas on behalf of the team and or department; makes a strong
personal impact on others; takes care to manage the team’s impression
and brand on others.
3. Presenting and Communicating
Information: Speaks fluently; expresses opinions, information and key
points of an argument clearly; responds quickly to the needs of an
audience and to their reactions and feedback; projects credibility.
4.
Adhering to Principles and Values: Upholds ethics and values;
demonstrates integrity; encourages team and individual responsibility
towards the community and the environment.
5. Analysing:
Analyses numerical data and all other sources of information, to break
them into component parts, patterns and relationships; probes for
further information or greater understanding of a problem; makes
rational judgements from the available information and analysis;
demonstrates an understanding of how one issue may be a part of a much
larger system.
6. Planning and Organising: Sets clearly defined
team objectives; plans activities and projects well in advance and takes
account of possible changing circumstances; identifies and organises
resources needed to accomplish tasks; manages time effectively; monitors
team performance against deadlines and milestones.
7.
Delivering Results and Meeting Customer Expectations: Focuses on
customer needs and satisfaction; sets high standards for quality and
quantity; monitors and maintains quality and productivity; works in a
systematic methodical and orderly way; consistently achieves projects
goals.
Organization: Britam Insurance Tanzania Limited
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 25-07-2024
Unposting Date: 07-08-2024
Number of Openings: 1
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