Tausi Assurance Company is looking for a highly experienced Finance Manager (Ref: Tas/HR/am/adv/00480/2024). The role is responsible for the overall financial management, ensuring compliance with the IFRS 17 accounting standard, which is critical for the insurance industry. The successful candidate will lead the finance department, manage financial reporting, tax planning, and internal controls, while driving automation and system implementation efforts.
Key Responsibilities
Financial Reporting & Compliance: Manage the preparation of monthly, quarterly, and year-end financial reports including statement of comprehensive income, financial position, cash flow, and revenue accounts. Ensure all statements adhere to IFRS 17 standards.
Regulatory Reporting: Prepare and submit accurate quarterly management accounts to the Insurance Regulatory Authority (IRA) within deadlines.
System & Automation: Lead the automation of financial statements and processes. Collaborate with the ICT manager to implement the AZ12B core software and manage the transition from PREMIA V10.
Internal Controls: Develop and maintain sound internal control procedures and implement efficient reporting systems.
Budgeting: Develop the annual budget aligned with strategic and operational plans; monitor and manage costs.
Audit Coordination: Prepare audit schedules and liaise with external auditors and regulators for periodic inspections.
Asset Management: Manage the acquisition, tagging, amortization, and disposal of capital assets.
Stakeholder Management: Establish rapport with bankers, regulators, and other stakeholders.
Performance Analysis: Conduct monthly analysis of broker/agent performance and quarterly business performance analysis with investment recommendations.
Team Leadership: Supervise, train, and mentor staff within the finance department.
Requirements
Academic and Professional Qualifications
Bachelor’s degree in Accounts, Finance, Commerce, or a business-related course.
Masters in Finance is an added advantage.
CPA (K) / ACCA and an active member of ICPAK.
Experience
At least 15 years’ experience in financial management.
8 – 10 years must be at management level or head of function.
Previous audit experience is an essential requirement.
In-depth knowledge of accounting principles and International Financial Reporting Standards (IFRS 17).
Skills and Competencies
Excellent communication (verbal and written) and leadership skills.
Strategic and analytical thinking with critical problem-solving skills.
Advanced proficiency in Microsoft Excel, PowerPoint, and Word.
Familiarity with VBA and Power BI for data analysis.
High resilience and emotional intelligence.
Strong time management and organizational skills with strict adherence to deadlines.
How to Apply
Application letters and a copy of your current CV in one document with names and addresses of three referees should be sent by email to hr@tausiassurance.com. Applications must reach the company on or before 6th May, 2026.
How to Apply
Application letters and a copy of your current CV in one document, including the names and addresses of three referees, should be sent by email to hr@tausiassurance.com. Please ensure your application reaches the company on or before 6th May, 2026. Only shortlisted candidates will be contacted.
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