Head of Finance at Afia Concept Claims Settling Agency (ACS)

Key responsibilities

• Develop and implement the company's financial strategy aligned with organizational goals.
• Provide financial guidance to the CEO and Board on strategic initiatives.
• Lead financial feasibility studies and business case analyses.
• Monitor organizational financial performance and advise on corrective actions.
• Drive profitability, cost optimization, and sustainable growth initiatives.
• Lead annual budgeting and forecasting processes.
• Develop financial models to support business growth and strategic projects.
• Monitor budget utilization and departmental expenditure.
• Provide monthly, quarterly, and annual management accounts.
• Conduct variance analysis and recommend performance improvement measures.
• Develop key financial and operational performance indicators.
• Ensure accurate and timely preparation of financial statements.
• Oversee general ledger management and account reconciliations.
• Maintain comprehensive accounting records and documentation.
• Ensure adherence to International Financial Reporting Standards (IFRS).
• Manage month-end and year-end financial closing processes.
• Oversee accounts payable, accounts receivable, and cash management functions.
• Manage organizational cash flow and liquidity requirements.

Candidate requirements

• Location Nairobi
• Job Field Finance / Accounting / Audit &nbsp.
• Role Purpose
• The Head of Finance is responsible for providing strategic financial leadership, ensuring sound financial management, regulatory compliance, financial planning, risk management, and business performance optimization across Afia Concept Claims Settling Agency (ACS). The role supports executive decision-making by delivering accurate financial insights, safeguarding company assets, maintaining financial sustainability, and driving operational efficiency.
• As a member of the senior leadership team, the Head of Finance will oversee all accounting, budgeting, payroll, taxation, procurement controls, audit processes, and financial reporting functions while supporting the company's growth strategy within the insurance claims management and healthcare administration sectors.
• Key Accountabilities.
• Strategic Financial Leadership.
• Develop and implement the company's financial strategy aligned with organizational goals.
• Provide financial guidance to the CEO and Board on strategic initiatives.
• Participate in business planning, expansion, and investment decisions.
• Lead financial feasibility studies and business case analyses.
• Monitor organizational financial performance and advise on corrective actions.
• Drive profitability, cost optimization, and sustainable growth initiatives.
• Financial Planning & Analysis (FP&A)
• Lead annual budgeting and forecasting processes.
• Develop financial models to support business growth and strategic projects.
• Monitor budget utilization and departmental expenditure.
• Provide monthly, quarterly, and annual management accounts.
• Conduct variance analysis and recommend performance improvement measures.
• Develop key financial and operational performance indicators.
• Financial Reporting & Accounting.
• Ensure accurate and timely preparation of financial statements.
• Oversee general ledger management and account reconciliations.
• Maintain comprehensive accounting records and documentation.
• Ensure adherence to International Financial Reporting Standards (IFRS).
• Manage month-end and year-end financial closing processes.
• Oversee accounts payable, accounts receivable, and cash management functions.
• Cash Flow Management.
• Manage organizational cash flow and liquidity requirements.
• Develop cash forecasting models and working capital strategies.

Required skills