About NIC:
NIC Holdings is one of the largest financial institutions in East Africa with a network of branches spread across the country, offering a full range of insurance products and services in Life and Non-Life insurance businesses and Financial Management. NIC Holdings has two subsidiaries which include NIC General Insurance Company Limited and NIC Life Assurance Company Limited.
Job Summary: The Chief Accountant will be responsible for the administrative, financial, and risk management operations of the company, including the development of a financial and operational strategy. The incumbent will also be responsible for designing the metrics that help in the implementation of the financial strategy, and the ongoing development and monitoring of control systems designed to preserve the company assets and report accurate financial results.
Key Duties and Responsibilities:
Champion the development of the Company’s revenue and expenditure budgets
Actively monitor and direct the implementation of company’s expenditure budgets
Monitor the company’s cash flow and ensure the company is sufficiently liquid to finance its operations
Guide the company’s senior management on the optimal current/fixed asset ratio in line with the regulatory requirements
Take lead in the preparation of the final accounts including Profit/Loss account and balance sheet
Develop and implement financial control systems in order to mitigate financial losses
Design and implement a system that ensures financial records are well filed and easy to retrieve
Guide the company’s senior management on profitable investment opportunities that yield high returns
Offer technical support to senior management on tax requirements for all financial transactions
Provide leadership to the finance team through setting goals, coaching and appraising the performance of individual staff
Implement operational best practices with particular emphasis on cost-effective ness
Perform any other duties as assigned by the Managing Director or his designate
Qualifications, Skills and Experience:
The applicant should hold a Bachelor’s Degree in Accounting, Finance, Business Administration or related field with Certified Public Accountant (CPA) or ACCA. Possession of a Master’s Degree is an added advantage.
Possession of seven or more years of progressively responsible experience in a major company or division of a large corporation, three years’ experience at executive management level.
Proven audit and training experience
Extensive skills in managing change, achieving results, ensuring quality, and building teams and capacity,
Strong computer skills, especially in Microsoft Excel and accounting packages,
Detailed knowledge of regional and global trends in the insurance industry as well as an understanding of the key macroeconomic drivers,
Excellent communication and interpersonal skills
Excellent leadership, negotiation, relational, planning and organization skills.
How to Apply:
All suitably qualified candidates should send their applications accompanied with a detailed Curriculum Vitae (CV), photocopies of academic documents and certificates, not later than addressed to: Head Human Resource, National Insurance Corporation Ltd., P.O. Box 7134, Kampala. Uganda.
E-mail to: vacancy@nic.co.ug and copy akomujuni@nic.co.ug
Deadline: 30th June, 2015 by 5:00 pm