About the Role
Job Title: Deputy Manager- Treasury, Investments & Credit Control
Tenure: Full Time
Reporting to: General Manager- Treasury, Investments & Credit Control
Department: Finance
Location: Nairobi
PROFILE INTRODUCTION
Our client in the Insurance Industry seeks to bring on board a Deputy Manager-Treasury, Investments and Credit control. The incumbent will be responsible for supporting the efficient management of the company’s investment portfolio, treasury function in addition to accountability on the credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers.
KEY AREAS OF RESPONSIBILITY:
Efficiently and actively (day-to-day) managing the company’s entire investments portfolio made up of Government Bonds, Corporate Bonds, Quoted Equities, Non-Quoted Equities, Bank Deposits, Cash at Bank and Properties and daily reporting on the Company’s daily performance to the GM.
Actively (day-to-day) participate in bonds and equites trading at the NSE and daily reporting on the Company’s daily performance to the GM
Actively (day-to-day) managing the company’s Treasury Function and manage liquidity and daily reporting on the Company’s daily performance to the GM.
Develop and update investment/treasury/credit policies on regular basis
Reporting on the Company’s investment performance to the Management, Board Investment Committee, and the Board.
Generate investment income revenues to meet the set targets.
Maintain of counterparty relationships, accounts, credit/trading limits and correspondence.
Maintain of external relationships with regulators and market bodies.
Mobilize funds from premiums collections and other investments to fund the balance sheet.
Manage pricing of the company liabilities.
KEY FUNCTIONS:
Reconcile debtor’s sub-ledger to General ledger
Maintain weekly collections as per approved forecasts and maintain an updated collection report
Identify changes in payment patterns and propose action to avert indebtedness
Provide information for recommending bad debts provision in line with credit policy
Ensure all Client reconciliation issues are raised with respective departments and sorted out.
Collect all outstanding debt from customers within the credit control policy and as per set targets.
Ensure correct weekly debtors reports circulation for debtors and cash inflow forecasts
Ensure monthly debtors’ statements generation and emailing
Monitor the actual and projected exposure against credit limit
Analyze and reconcile all client statements and circulate monthly to all stakeholders to facilitate collection.
Ensure credit policy relevancy, compliancy, and adherence (Held, Suspended Accounts)
Creation of new customer accounts as per policy
Ensure credit accounts are created only after getting fully approved credit application forms.
Co-ordinate monthly credit control meetings.
MINIMUM REQUIREMENTS:
Bachelor’s degree in Finance, Accounting, Business, Statistics, Mathematics, Economics, or related fields from a recognized institution.
Certified Public Accountant (CPA- K) or Certified Financial Analyst or its equivalent whether fully/part qualified
Eight (8) years’ experience in Treasury & Investments function out of which 5 years should be at Head or senior management level in a financial institution.
Five (5) years’ experience in active bonds and equites trading at the NSE
Excellent interpersonal, communication and negotiation skills
Excellent writing and presentation skills.
Critical thinking and problem-solving skills
Excellent decision-making and leadership capabilities
Customer and Stake holder management skills
Ability to work under pressure and within strict deadlines
Entrepreneurial/Commercial mind-set
How to Apply
https://stratostaff.co.ke/wp-content/plugins/bullhorn-oscp/#/jobs/104
