Job descriptions & requirements
ABOUT THE COMPANY
The Insurance Regulatory Authority is a statutory government agency established under the Insurance Act (Amendment) 2006, CAP 487 of the Laws of Kenya to regulate, supervise and develop the insurance industry. It is governed by a Board of Directors which is vested with the fiduciary responsibility of overseeing operations of the Authority and ensuring that they are consistent with provisions of the Insurance Act.
JOB SUMMARY
JOB TITLE: Assistant Director, FinanceDIRECTORATE: Directorate of Corporate ServicesDEPARTMENT: FinanceGRADE/LEVEL: IRA 4IMMEDIATE SUPERVISOR: Deputy Director, FinanceFor appointment to this grade, an officer must have:Person SpecificationsNine (9) years cumulative relevant work experience, three (3) of which should have been in the grade of Principal Accountant or in a comparable and relevant position.Bachelors in any of the following: Commerce (Accounting or Finance option), Business Administration (Finance or Accounting option) or equivalent qualifications from a recognized institution.Master’s degree in any of the following: Business Administration (Finance or Accounting option) or equivalent qualifications from a recognized institution.Part III of Certified Public Accountants (CPA) examination or equivalent qualification from recognized institution.Member of the Institute of Certified Public Accountants of Kenya (ICPAK) or any other equivalent professional body and in good standing.Leadership course lasting not less than four (4) weeks from a recognized institution.Proficiency in Computer Applications.Competencies and skills
RESPONSIBILITIES
Job SpecificationsDuties and responsibilities will entail:Developing and implementing sound financial management regulations, policies, procedures, strategies, and plans.Providing strategic financial leadership and advice to management.Ensuring effective and efficient use of financial resources.Planning and coordinating timely preparation of annual Work Plans, Performance Contracting, budget estimates and cash flow projections.Undertaking budgetary and cost control assignments.Monitoring budget implementation, cost control and expenditure trends.Reviewing of the fixed assets register of the Authority.Review the monthly payroll and recommend for approval.Undertaking Revenue and Treasury Management and reporting.Supervising Maintenance of books of account and other financial records.Undertaking Annual and medium-term budget projections preparation, Budget Implementation, Monitoring and Review.Developing and implementing Internal Financial Controls.Preparing financial reports, quarterly and annual financial statements and ensuring submission to relevant institutions as prescribed in the PFM Act 2012 and other regulations and circulars.Analysing and interpreting financial reports and other accounting records.Maintaining accurate and complete financial records of the Authority and regularly review the financial system.Undertaking financial risk management.Ensuring compliance with applicable financial statutory obligation and circulars.Undertaking Tax planning and management.Facilitating and coordinating external and internal audits.Preparing and presenting finance-related board and senior management papers.Competencies and skillsCommunication skillsInterpersonal skillsAnalytical skillsReport writing skillsPresentation skillsConflict managementMentoring, coaching and leadership skillsHOW TO APPLYThe interested applicants to submit their applications online by filling the form provided on the IRA website.All applications must be received by close of business at 5.00 pm on Monday, 16th February, 2026.COMPLIANCE REQUIREMENTIn accordance with The Employment (Amendment) Act, 2022, the Authority will require candidates it will enter into a written contract of service with to comply with Chapter Six of the Constitution by submitting mandatory compliance and clearance certificates from the relevant entities.Insurance Regulatory Authority is an Equal Opportunity Employer committed to diversity, gender equality and persons with disabilities (PWDs) are encouraged to apply. Any form of canvassing will lead to automatic disqualification and only shortlisted candidates will be contacted for interviews.IRA IS ISO 9001:2015 CERTIFIED
REQUIRED SKILLS
Financial controlling, Internal control, Compliance, Financial analysis, Budgeting, financial planning, Cash management (company)
REQUIRED EDUCATION
Post-graduate education
Important safety tips
- Do not make any payment without confirming with the BrighterMonday Customer Support Team.
- If you think this advert is not genuine, please report it via the Report Job link below.
