Job Description

Job 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 vacancie@stratostaff.co.ke with the subject Deputy Manager- Treasury, Investments & Credit Control by 16th November 2022, attach your CV.

Only shortlisted candidates will be contacted.

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