Financial Controller
Turaco
Africa, Rest of Africa, Kenya, Nairobi
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Salary
$ Per Year
Rank
Director
Responsibility
Functional Tower Lead
Scope
Regional
Workplace
100% in office
Functions
Finance
Legal
Reports to
CFO
Level
N-1
Travel Max:
0%
Posting Date
10-12-2024
Description
Turaco is looking for a Finance Controller with strategic finance experience who will be responsible for managing the finances of our business on a day-to-day basis. For this role, we are looking for someone comfortable building, maintaining, and scaling an accurate, process-efficient reporting system so that Turaco can efficiently meet its business objectives.
Key Responsibilities
Finance
- Managing monthly reporting across the finance team, such that consolidation is as efficient and fast as possible
- Ensure IFRS17 compliance as Turaco becomes an underwriting entity in several of its operational jurisdictions
- Consolidate and reconcile entries and accounts for reporting
- Management Accounts: Accountable for the overall management accounts and presentation to the CFO and other leadership team members
- Preparing variance reports
Financial policy & planning
- Implement an efficient management reporting system including selecting and subsequently managing the integration of a new ERP
- Implement and maintain an adequate system of financial controls; proactively identify where additional controls may be needed
- Drive the company’s financial and cash planning and preparation of cash flow forecasts
- Make recommendations to improve processes and systems, proactively planning for scale within the finance department
- Run the annual budgeting process
Team Management
- Lead a team sitting across Kenya, Uganda, and Ghana, reporting to the CFO
- Manage the output quality of the entire team, their performance management, and growth within Turaco
- Expand the team as needed, staffing the department with the right skills and functions.
External Stakeholder Management
- Develop and maintain relationships with key business partners (including banks, auditors, actuaries, and regulatory bodies across markets we are present
- Manage annual audits across all entities and country units
- Own key vendor relationships in the Finance unit
Qualification & Requirements
Knowledge Skills And Abilities
- Live Turaco’s values – care and protect our customers, do the right thing for our customers, and have fun!
- Bachelors-level degree in a financial discipline
- Professional qualification (CPA, ACCA)
- 10 years minimum experience with at least 2 years in a Controllership position or similar
- A Plus (but not compulsory) if you have previous experience working in a start-up, in multiple African countries and have an insurance industry background
- A hands-on builder, comfortable with complexity and the ever-changing aspects of a growing business
- Great attention to detail, with integrity, and can effectively communicate
You are the right candidate if…
- You have led a team, reviewed and consolidated their reporting, and built a sense-checking mechanism for reported numbers
- You have built finance functions from the ground up including, management accounts, setting up ERP systems, and building a team.
Benefits
- Insurance Benefits
- Retirement Benefits
- Vacation Policy
- Other Perks and Benefits…
Company Profile
Turaco
Industry
Insurance
Revenue
$26.6M
Employees
173
Fortune 500 Rank
NA
Global 500 Rank
NA
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