Purpose
The Head of Finance is responsible for the co-creation and implementation of LNIG Hollard Insure’ strategic financial management, reporting, business analysis, budgeting and forecasting, treasury, compliance, controls and tax. The role’s purpose is to ensure ongoing viability and secure a financial future in line with the organisation’s business objective.
Key Responsibilities
• Provide strategic financial support and guidance to the organisation.
• Provide financial reporting and analysis for both internal and external stakeholders, including EXCO, Board and Board Sub Committees, shareholders and regulatory authorities.
• Analyse, review and report on profitability, trends, and balance sheet, and provide actionable, relevant and time sensitive insights and information to business leaders to enable key business and strategic decisions.
• Maintain primary relationship with auditors by managing the internal and external audit processes and continuous improvement in the quality of AFS.
• Ensure financial systems and controls are designed, implemented, managed and maintained.
• Custodian of tax management to ensure compliance and efficiency, including transfer pricing considerations.
• Collaborate with LNIG Hollard Life Head of Finance and wider group experts to produce optimal outcomes on areas of mutual interest.
• Manage the budget process including CAPEX in line with group processes and guidelines
• Provide Finance Leadership on Process Efficiency, Business Performance Measures and Management, Analytical Support and Predictive Analysis
• Staying abreast and implementing new accounting policies and standards
• Develop and implement policies and procedures to ensure that HR and financial information is secure and stored in compliance with current legislation
• Provide overall leadership and direction to all LNIG Hollard Finance staff in respect of training on strong accounting and other relevant skills and ultimately optimal use of the human resources in the Department.
• Responsible for coordinating the actuarial valuation of the business and reports to Regulator and other stakeholders
Required Qualifications
• 10 years finance experience
• 10 years managerial experience
• Financial sector experience essential, with insurance industry experience preferable
Required Knowledge and Skills
• Sound knowledge of IFRS reporting standards
• Good working knowledge of insurance legislation
• Detailed knowledge of relevant accounting standard, specifically for insurance companies
• Good understanding of tax principles applicable to Insurance Companies
• Relationship driven environment & Customer service orientation
• Advanced MS Office and knowledge of Accounting packages
• Demonstrated ability to meet deadlines, determine priorities and adapt to changing priorities as needed
• Risk Management
• Business Acumen
• Collaborative style that thrives in a high performance work environment
• A transformational leader with strategic planning skills
• Excellent interpersonal communication skills