Planning, Controlling and Reconciliation Manager- Insurance Experience

General Duties

· Assist in managing and maintaining the business planning and budgetary process including budgets, capital expenditure, budget monitoring and reforecasts / run rates.

· Ensure that the company has effective financial systems, controls, and processes in place and that these are used throughout the company.

· Assist in preparing documentation and reports for audits and regulatory reviews.

· Assist in the Coordination, development and update of written policies and procedures over the financial reporting process.

· Collaborate with Reporting and Tax to churn out high-quality and timely reports to meet deadlines for financial reporting.

· Monitoring and interpreting cash flows and predicting future trends.

· Ensure appropriate operational procedures are put in place for efficient operation and monitoring of the finance department to ensure that SLAs with the business are met.

· Assist in conducting reviews and evaluations for cost-reduction opportunities.

· Identify opportunities for process improvements in financial planning, controlling and reconciliation.

· Identify potential financial risks and recommend strategies for mitigation.

Bancassurance Reconciliation

· Timely reconciliation with all Bancassurance partners to ensure monthly premiums are received on time.

· Investigate and resolve discrepancies between internal records and external statements, ensuring timely and accurate reporting.

· Consult with bank representatives to ensure completeness of all premiums.

· Collaborate with Payables unit for smooth and timely bank reconciliations.

Accounting & Reporting

· Assist in providing a comprehensive range of financial accounting and reporting services for profitability assessment across various segments (MM, CC, Branch, Line of Business, Channel, and selected agents).

· Assists to prepare group and regulatory reports.

· Maintain accurate financial records and ensure data integrity in financial systems

· Assists to produce monthly, quarterly, and annual financial statements in compliance with group, statutory, regulatory, and IFRS 17 requirements.

Requirements