Tuesday 21 May 2024

Chief Finance Officer at UAP Insurance Tanzania May 2024

  AjiraLeo Tanzania       Tuesday 21 May 2024
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UAP Old Mutual Group
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UAP Insurance Tanzania Jobs 2024
UAP Insurance Tanzania is a member of the UAP Old Mutual Group in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP Insurance has been in operations in Tanzania since 2013 following the acquisition of the majority stake in Century Insurance Company.
We are proud of our contribution in the growth of the Insurance Industry and our commitment is to enable our customers achieve their financial goals through the provision of innovative insurance solutions.

UAP Insurance Tanzania contributes to the communities that we operate in through CSR activities in education, health and social welfare and participates in industry initiatives aimed at improving financial literacy and inclusiveness in the country.
The Company operates a large footprint in the country with offices in all major cities and now wishes to recruit a high caliber individual to fill the following position below...

Chief Finance Officer
Chief Finance Officer at UAP Insurance Tanzania May 2024
Dar Es Salaam
time type Full time
job requisition id JR-54512
Lets Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description
Reporting to the Chief Executive Officer and functionally to the Group Chief Finance Officer, the holder of this position will control all procedures for effective management of the Company’s financial and other resources and ensure timely and accurate reporting.
  • Develop and implement robust accounting systems that are embedded with appropriate controls that help to safeguard the company’s assets and ensure accurate and timely reporting.
  • Liaises with external auditors on audit activities of the company.
  • In charge of the preparation of annual budgets and long term business plans and ensures that all departments and units comply with budgetary provisions.
  • Establish and monitor the implementation of an effective and robust treasury management system that secures company funds whilst maximizing profitability and facilitating effective cash flow management and compliance with the Tanzania Insurance Act
  • Manages the company’s cash flows in order to meet all liabilities as they may fall due. This will include effective asset and liability management in order to match the maturity profiles of assets and liabilities.
  • Manages the company’s credit policy and effective follow up of debts.
  • Signs company cheques and documents.
  • Develops a robust investment strategy that will be in line with business plan.
  • Trains and supervises staff.
  • Ensures compliance with statutory provisions in respect to financial reporting, taxation, other statutory payments and the Insurance Act.
  • Advise the management and board on all the financial matters.
  • Files all the necessary returns with the appropriate authority
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  • Bachelors Degree (B): Finance (Required)
Closing Date 31st May 2024

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