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New Vacancies at Insurance Group of Tanzania Limited

New Vacancies at Insurance Group of Tanzania Limited
Insurance%2BGroup%2Bof%2BTanzania%2BLimited
NAFASI ZA KAZI
EMPLOYMENT OPPORTUNITIES

Position: Chief Finance Officer 
Department: Accounts
Department 
Reports to: CEO

Job Role: 
The Chief Finance Officer is the head of Finance
& Administration Department. 

The jobholder will be a member of the
Management team and will be responsible for the day of Finance and
Administration Department.
Specific Duties & Responsibilities Reporting to the
Chief Executive Officer, the Chief 

Finance will be responsible for:
• Development of appropriate accounting systems and
procedures including Sound financial regulations:

• Overall management of General Accounting and Information
Technology sections as well as interfacing with other functions of organization




• Handling administrative matters of the company

• Continuously review such financial regulations, system and
procedures to ensure that lapses in quality and accuracy do not occur

• Developing control systems within the department with an
objective of plugging up leaks that may allow profits to drain away

• Managing the finances of the Company and in particular
monitoring the Company’s liquidity and cash position in order to maximize on investment
income

• Ensure effective debtors and creditors management

• Responsible for preparation of periodic financial returns
to the management including cash flow projections

• Co-ordination of the Company master budget including
budgetary control

• Preparation of the department’s annual budget and long
term projections

• Ensure proper accounting and control of capital and
revenue expenditure

• Responsible for the preparation of annual and half yearly
financial statements

• Training and development of the staff in the department
including periodic appraisal of their performance

• Co-ordination of the activities of the department with those
of other departments

• Contribute to the formulation and implementations of the
Corporate plan

• Assisting computerized process in the Company and more
particularly within the department

• Signatory to the Company’s bank account

• Bank reconciliation

• Preparation of returns to the Commissioner of Insurance
and TRA Ensuring compliance with all fiscal controls and statutory requirements

• Any other duties as may be assigned by CEO from time to
time.

• Oversee Payroll Management

• Oversee Debtors Management and Credit Control.

Job requirement:

• Degree/Advanced Diploma majoring in accounting and holder
of C.P.A. ACCA or ACA or any equivalent professional qualification in
accounting and shall be registered as a certified Accountant

• Five years post qualification experience 


Qualification and
Experience Required

• ADCA, PGDA, CPA (T), Registered with NBAA as fellow CPA

• 5 years of experience in senior managerial position.

• Insurance Accreditation will be an added advantage.
==========
Position: Claims Manager 
Department: Claims Department 
Reports to: CEO

Specific Duties & Responsibilities As part of management
team, the Claims Manager will assist in budgetary preparations, training
assessment and preparations as well as the following duties: 

• Supervising
intimation and registration of claims 

• Supervising and facilitating
appointment of assessors, investigators and loss adjusters 

• Evaluating the
documentation and validity of cover 

• Ensuring the appointment of assessors,
investigator or loss adjuster for material damage, TPPI and TPPD Ensuring
issuance of repair authorities, discharge vouchers, disbursement vouchers and
pay-ment vouchers 

• Ensuring that initial reserves are maintained and reviewed
continuously as more material information is received on files and an overall
review exercise is carried out and completed by the end of every quarter in a
bid to support the preparation of quarterly returns. 

• Handling and liaising
with our advocates on demand letters, summons, primary and declara-tory
judgments and warrants on ongoing status of major claims 

• Identifying
challenges and operational bottlenecks and exploring solutions towards
stream-line efficiencies 

• Negotiating settlement with third party claimants •
Instigating recovery action against third parties 

• Creating and distributing
monthly reports on claims statistics 

• Dealing with all insurance claims
related queries from intermediaries, branches and head office 

• Overseeing the
preparation and releasing claims payment cheques for material damage and
assessment/investigation fees 

• Ensuring that claim files are properly filed
and secured in the claims cabinets in sequential order.

Qualification and Experience Required 


• ACII/ Bsc.
Insurance&Risk Mgt/LLB 

• 3 years of experience in senior claims position.
==========

Position: Senior Accountant 
Department: Accounts Department 
Reports to: Finance Manager

Job Role: 
The Accountant is the Section head of Finance
Department. The jobholder responsible for the day to day supervision and
oversight of the Accounts team; in particular the assignment of duties to
members of the department ensuring particular focus on the payments and
receipting section.

Specific Duties & Responsibilities Reporting to the
Finance Manager, the Accountant will be responsible for: 

• Implementation of
appropriate accounting systems and procedures including Sound financial
regulations; 

• Maintain records of all accounting transactions for updates,
reconciliation and prompt report-ing of any shortfall; 

• capture, track and
update the company asset transactions and maintain the non-current asset
register 

• Overall management of General Accounting sections 

• Ensure
compliance to statutory requirement including payment of taxes, social security
con-tributions, skills development levy and any other deductions on salaries 


Assist in continuously reviewing financial regulations, system and procedures
to ensure that lapses in quality and accuracy do not occur 

• Assist in managing
the finances of the Company and in particular monitoring the Company’s cash
position in order to maximize on investment income 

• Ensure effective debtors
and creditors management 

• Assist in preparation of periodic financial returns
to the management including cash flow projections

• Co-ordination of the preparation of the Bank
Reconciliation for all bank accounts and taking the necessary action thereto;

• Coordinates development of sound internal control systems
form management of accounting systems

• Co-ordination of the activities of the department with
those of other departments

• Contribute to the formulation and implementations of the
Corporate plan

• Assisting computerized process in the Company and more
particularly within the department

• Assist in reparation of returns to the Commissioner of
Insurance and TRA

• Any other duties as may be assigned by Management from
time to time.

Job requirement:

• Degree/Advanced Diploma majoring in accounting and holder
of C.P.A. ACCA or ACA or any equivalent professional qualification in
accounting and shall be registered as a certified Accountant

• three years post qualification experience

Qualification and Experience Required


• ADCA, PGDA, CPA (T), Registered with NBAA as fellow CPA

• 3 years of experience in senior accounting position.

• Insurance Accreditation will be an added advantage.

The Applications should be addressed to: HUMAN RESOURCES INSURANCE GROUP OF TANZANIA LIMITED P.O-BOX 605 12TH FLOOR, WEST WING NIC INVESTMENT HOUSE, SAMORA AVENUE DAR ES SALAAM Or sent online to : [email protected] , [email protected]

Deadline for application is Tuesday, 19th December, 2017.

SOURCE: The Citizen Thursday, 14 December 2017
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