Deputy Manager (Treasury, Investments & Credit Control) Job Vacancy in Kenya

Position 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 shall be responsible for supporting the efficient management of the company’s investment portfolio.

The ideal candidate is a robust in risk management practices strategy of pursuing balanced growth, increasing market share and maximizing shareholder wealth.

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 debtors 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:

If qualified and up to the challenge, share your CV to with the subject Deputy Manager- Treasury, Investments & Credit Control by 16th November 2022, attach your CV.

Only shortlisted candidates will be contacted.