Finance Jobs – Chief Accountant at National Insurance Corporation Holdings

Job Title:  Chief
Organisation: NIC Holdings
Duty Station: Kampala, Uganda
About NIC:
NIC Holdings is one of the
largest financial institutions in East Africa with a network of branches spread
across the country, offering a full range of insurance products and services in
Life and Non-Life insurance businesses and Financial Management. NIC Holdings
has two subsidiaries which include NIC General Insurance Company Limited and
NIC Life Assurance Company Limited.
Job Summary:  The Chief
Accountant will be responsible for the administrative, financial, and risk
management operations of the company, including the development of a financial
and operational strategy. The incumbent will also be responsible for designing
the metrics that help in the implementation of the financial strategy, and the
ongoing development and monitoring of control systems designed to preserve the
company assets and report accurate financial results.
Key Duties and
  • Champion
    the development of the Company’s revenue and expenditure budgets
  • Actively
    monitor and direct the implementation of company’s expenditure budgets
  • Monitor
    the company’s cash flow and ensure the company is sufficiently liquid to
    finance its operations
  • Guide
    the company’s senior management on the optimal current/fixed asset ratio
    in line with the regulatory requirements
  • Take
    lead in the preparation of the final accounts including Profit/Loss
    account and balance sheet
  • Develop
    and implement financial control systems in order to mitigate financial
  • Design
    and implement a system that ensures financial records are well filed and
    easy to retrieve
  • Guide
    the company’s senior management on profitable investment opportunities
    that yield high returns
  • Offer
    technical support to senior management on tax requirements for all
    financial transactions
  • Provide
    leadership to the finance team through setting goals, coaching and
    appraising the performance of individual staff
  • Implement
    operational best practices with particular emphasis on cost-effective ness
  • Perform
    any other duties as assigned by the Managing Director or his designate
Qualifications, Skills and
  • The
    applicant should hold a Bachelor’s Degree in Accounting, Finance, Business
    Administration or related field with Certified Public Accountant (CPA) or
    ACCA. Possession of a Master’s Degree is an added advantage.
  • Possession
    of seven or more years of progressively responsible experience in a major
    company or division of a large corporation, three years’ experience at
    executive management level.
  • Proven
    audit and training experience
  • Extensive
    skills in managing change, achieving results, ensuring quality, and
    building teams and capacity,
  • Strong
    computer skills, especially in Microsoft Excel and accounting packages,
  • Detailed
    knowledge of regional and global trends in the insurance industry as well
    as an understanding of the key macroeconomic drivers,
  • Excellent
    communication and interpersonal skills
  • Excellent
    leadership, negotiation, relational, planning and organization skills.
How to Apply: 
All suitably qualified
candidates should send their applications accompanied with a detailed
Curriculum Vitae (CV), photocopies of academic documents and certificates, not
later than addressed to: Head Human Resource, National Insurance Corporation
Ltd., P.O. Box 7134, Kampala. Uganda.
E-mail to: and copy
Deadline: 30th June, 2015 by
5:00 pm
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