GENERAL MANAGER (FINANCE&INVESTMENT)

ReportingtotheManagingTrustee,theGeneralManager(Finance&Investment)willbe responsibleforensuringtheFund’sfinancialstability,growthandlong-termsustainability bymakingsoundfinancialdecisions,optimizinginvestmentsandmanagingrisks.He/She willberesponsibleforplanning,coordinating,leadingandcontrollingtheFunds’financial management, developing and implementing the Fund’s investment strategy, and managing the Funds’ investment portfolio. He /She will oversee the operations of the Property Development & Management and Investments & Actuarial and Financial functions of the Fund while ensuring and facilitating the availability of required knowledge,skillsandtoolswithinthedepartmentssothatassignedmanagersare able to deliver on their roles.

KEYRESPONSIBILITIES:

• DevelopandimplementfinancialstrategiesthatsupporttheFund’sgoalsand objectives;
• DeveloppolicyguidelinesonallmattersrelatedtomanagementoftheFunds’ properties;
• Develop and oversee the fund’s investment portfolio and making decisions that will maximize returns;
• DeveloparobustinvestmentpolicystatementfortheFundinlinewithcorporate objectives;
• Createandmanagebudgetstoensureefficientallocationoffinancialresources;
• Managecashflows,liquidityandworkingcapitaltosupporttheFund’soperations;
• Conductfinancialanalysistoevaluateinvestmentopportunitiesandcostcutting measures;
• Maintain systemof accounts and keeping books and records on all transactions and assets and Oversee the financial audit of the Fund;
• Createfinancialforecastsandmodelstosupportlong-term planninganddecision making;
• Implementcostcontrolmeasurestoenhanceprofitabilityandefficiency;
• Preparefinancialstatements,reports,andpresenttoSeniormanagersandtheBoard;
• Identifyandmanagefinancialrisksanddeveloppoliciestomitigatethem;
• Developandmaintainstrategicrelationshipswithkeystakeholders;
• MonitorperformanceoftheFund’sassetsandliabilities;
• Carryoutfeasibilityanalysesonviableinvestmentopportunities;
• AnalyzetheFunds’financialperformanceincomparisonwiththeindustrytrends, identifying and managing risks including stress tests and scenario analyses;
• DeveloptaxstrategiestooptimizetheFund’staxposition;
• DetermineinvestmentgoalsandstrategiesinconsultationwithFundmanagers;
• Conductfeasibilitystudiesandmakingrecommendationsonthedevelopment concepts, land acquisitions, preliminary programs and budgets;
• Oversee ongoing projects including reviewing progress with contractors, consultants and project managers;
• Ensurecompliancewithregulationsincludingtimelypaymentsofstatutoryfees;and
• EnsuretheFund’spropertiesaremaintainedatthehighesthabitable

 

JOBREQUIREMENTS/SPECIFICATIONS:

• Master’s Degree in Actuarial Science, Finance, Accounting, Economics, Commerce or a related field from a recognized institution;
• Bachelor’sDegreeinActuarialScience,Finance,Accounting,Economics,Commerce or a related field from a recognized institution;
• Professional qualification in any of the following disciplines: Certified Public Accountant (CPA (K)), Association of Chartered Certified Accountants (ACCA), Certified Financial Analyst (CFA), Certified Investment and Financial Analyst (CIFA), Fellow of the Society of Actuaries (FSA), Fellow of the Institute and Faculty of Actuaries,CertificationinInsuranceoranyotherrelevantqualificationorarelatedfield from a recognized institution;
• At least twelve (12) years’ work experience, five (5) of which should be in a senior management position;
• Membership to a relevant and accredited professional body such as ICPAK,. ACCA, CFA Institute, ICIFA, Institute of Faculties of Actuaries (IFoA), Society of Actuaries (SoA), The Actuarial Society of Kenya (TASK) and/or ICIFA or any other relevant association and in good standing;
• Leadership Course from a recognized institution or a Certificate in Corporate Governance;
• Proficiencyincomputerapplications;and
• FulfilledrequirementsofChapter6oftheConstitution;

COMPETENCIES:

• Considerable knowledge of investment concepts, terminology, styles, models, and strategies, including portfolio theory, asset liability studies, asset allocation and performance measurement, and a solid understanding of capital markets;
• Ability to analyze and evaluate risk and performance of investment managers acrossequity,fixedincome,hedge fund,privateequityandreal assetstrategies;
• Extensive knowledge of statistical concepts, methods, and models, and their application to investments;
• Knowledgeofactuarialconceptsandhowtheyapplytopensionfundingandasset allocation decisions;
• Solidunderstandingoffinancialmarketsandeconomicindicators;
• Strong expertise in strategic management, project planning and budgeting, resource management, strategy implementation as well as monitoring and evaluation;
• Analyticalandproblem-solvingskillstoenableidentifyRiskawarenessand
• Abilitytoeffectivelymanagemultiplestakeholders;
• Strongbusinessacumen;
• Strongleadershipandpeoplemanagement,interpersonalskills,includingabilityto buildalliancesandrelationshipswith the right level of sensitivity todiversity; and
• Strongcommunicationandpresentationskills