Great Uganda Jobs All Uganda Jobline Jobs in Uganda

To post a job, login or create an account |  Post a Job

Finance Project Lead

Jubilee Insurance

This is a Full-time position in Uganda posted December 31, 2021.

Jubilee Insurance Jobs in Uganda Finance Project Lead Carreer opportunities in Uganda vacancies in Jubilee Insurance at Uganda

# Job Description

Position: IFRS17 Finance Project Lead.
Employment Terms: 2 Years Fixed Term Contract.
Jubilee is the numberone insurer in East Africa with over 450,000 clients.
Jubilee Insurance has a network of offices in
Kenya, Uganda, Tanzania, Burundi and Mauritius. It is the only ISO certified
insurance group listed on the three East
Africa stock exchanges – The Nairobi Securities Exchange NSE, Dar es Salaam
Stock Exchange and Uganda Securities
Exchange.Its regional offices are highly rated on leadership, quality and risk
management and have been awarded an AA-in Kenyaand Uganda, and an A+ in
Tanzania. For more information, visit www.JubileeInsurance.com
https://www.JubileeInsurance.com .
We currently have an exciting career opportunity for a IFRS17 Finance Project
Lead, Jubilee Life Insurance Uganda.
The position holder will report to the Chief Executive Officer.

Role Purpose
Primarily responsible for providing strategic leadership in financial matters
relating to Jubilee Life including execution of the Company’s strategy,
driving profitable growth as well as maximizing shareholder value. In
addition, he/she is responsible for the overall Company Financial Management
tasks that involve cash management, budgeting, planning, compliance,
organization, reporting, controls, and investments.

Main Responsibilities
• Provide strategic direction on financial matters including accounting,
budgeting, forecasting, cash management, statutory reporting, audit, and
overall financial control.
• Reviews accuracy, completeness of consolidated financial reports.
• Creates strategic partnerships and linkages with external parties on all
financial matters auditors, banks, accountant, tax advisers, regulatory
bodies, industry associations.
• Evaluate and negotiate on long term and short-term financing facilities and
makes recommendation to the CEO.
• Develop and monitor Corporate Financial policies, Systems and Processes
across the Company.
• Develops and maintains policies relating to maintenance of systems of
internal control to safeguard financial and physical assets of the
organization.
• Monitor and evaluate the financial performance of Jubilee Life and gives
appropriate recommendations.
• Assess the benefits of all prospective contracts and advise the CEO on
programmatic design and implementation matters.
• Provide strategic direction on financial matters including accounting,
budgeting, forecasting, cash management, statutory reporting, audit, and
overall financial control.
• Present financial reports to Executive Management Team, Directors, and the
Board of Directors.
• IFRS17 methodology position papers: On options & recommendations under non-
prescribed technical decisions
• e.g., Level of aggregation, contract boundaries, risk adjustment, investment
components, reinsurance contracts approach etc.
• Disclosure preparation under IFRS17 reporting requirements
• Develop controls and documentation around estimates and judgement in IFRS17
implementation for data & results consistency, completeness, and accuracy.
• Model Jubilee financial statements under IFRS17 basis and comparatives to
IFRS4.
• Setting up of the general ledger for the reporting on IFRS17 and OFA
software
• Training other members within the Company
• IFRS17 inputs to regulatory reports i.e., Quarterly returns to IRA and tax
computations for URA
• Support stakeholders on all financial inputs and outputs Actuarial,
Finance, appointed actuary and audit/assurance teams on IFRS17 reporting
within monthly, quarterly & end year reporting timelines
• Work with the actuarial team on the profit-testing of the products under
IFRS17 and give recommendations on optimal treatment of onerous contracts
• Risk assessment, management, and reporting under IFRS17 reporting
• Preparing and maintaining monthly, quarterly, and annual returns to the
Insurance Regulatory Authority

Key Competencies
• Excellent Analytical skills
• Risk Management
• Technology savvy
• Leadership and people Management
• Treasury Solutions Awareness
• Customer Focus

Qualifications
• Bachelor’s degree in a Business-related field
• CPA, ACCA, CFA
• Member of a relevant professional Accounting /Finance body
• Master’s degree, Finance & Accounting or in a related field will be an added
advantage
Relevant Experience
Minimum of ten 10 years’ relevant experience with at least five 5 years in
leadership.

Apply Online Now



URL:: Link to Apply

[ **Submit your CV and Application on Company Website : Click Here**
]https://jubileeinsurance.com/ug/wp-content/uploads/2021/12/IFRS17-Finance-
Project-Lead-Advert-2.pdf

**Closing Date** : 31st Dec. 2021

Jubilee Insurance Jobs in Uganda Finance Project Lead Carreer opportunities in Uganda vacancies in Jubilee Insurance at Uganda

Thanks for visiting UgandaJobs.Work

How to Apply