Job Summary

The role holder will be responsible for management of tax filing and accounting operations, compliance, and reporting, ensuring adherence to tax reporting standards, and advising on tax issues.

Key Responsibilities

• Oversee Income taxes, indirect taxes and other levies making sure they are dealt with in a timely manner while
• minimizing tax assessments and optimizing professional fees.
•  Answering tax audit information requests from Kenya Revenue Authority.
•  Assist in development and implementation of tax planning strategies.
•  Research and understand various tax statutes as applicable to the group.
•  Review income tax returns prepared by the tax consultants.
•  Periodically review all returns made to the tax authorities and other government bodies that impose a financial obligation.
•  Manage indirect tax compliance including Value added tax (VAT), Excise tax, Customs duties.
•  Drive development of technology solutions for tax compliance technology solutions
•  Manage key external advisor relationships (KRA, Tax consultants)
•  Train and mentor Staff on tax awareness
•  Manage external tax advisors to ensure timely filings for all tax returns, sign off on returns prepared by external advisors when needed.
•  Ensure the proper, accurate and complete reporting of foreign transactions under applicable Kenya rules.
•  Working closely with the accounting departments to ensure transactional taxes are deducted correctly and paid promptly.
•  Review and sign-off all payments requisitions and ensure taxes have been accounted correctly.
•  Review processes and product development for tax risks.
•  Review all new contracts for tax exposures,
•  Review new products.
•  Computation of corporation tax at every reporting period including deferred tax adjustments.

Qualifications

• Bachelor’s Degree in in Accounting, Finance, Economics or Related Discipline
• Legal background with bias in tax laws (diploma in LLB)
• 15 years’ experience in finance, five of which should be in senior management

Competencies

Technical Competencies

•  Skilled in use of spreadsheets
•  Business analytics
•  Deep understanding of insurance accounting
•  Technical report writing skills.
•  High degree of understanding of all tax laws (Income tax, VAT, Excise, Tax procedures, all levies by various
•  ministries and county governments).

Behavioural competencies

•  Self-motivation
•  Pro activeness
•  Leadership skills
•  Getting stuck into the detail / get involved
•  High standards of integrity and professionalism
•  Innovation and creativity
•  Presentation skills
•  Problem solving skills
•  Excellent commercial and business experience
•  Exceptional communication skills at all levels
•  Strong IT skills, always ahead of new technologies
•  Ability to handle high levels of pressure and critical decision making

Core Competencies

•  Formulating strategies and concepts
•  Entrepreneurial and commercial thinking
•  Planning and organizing
•  Relating and networking
•  Working with people
•  Adapting and responding to change
•  Deciding and initiating action
•  Persuading and infiuencing
•  Presenting and communicating information
•  Leading and supervising
•  Creating and innovating
•  Adhering to principles and values
•  Achieving personal work goals and objectives

Job Summary

The role holder will be responsible for ensuring harmonisation of group reporting and presentation of financial information that conforms to IFRS and aligns very closely with Liberty Holdings Limited standards and Standard Bank Group. The role holder will work closely with the Heads of Finance in the operating countries

Key Responsibilities

•  Review and ensure financial disclosures from various entities are credible for group consolidation.
•  In conjunction with Group IFRS, ensure uniformity of Liberty Kenya Group reporting and disclosures.
•  Key Group resource for consolidation through HFM
•  Support Opcos finance teams with resolving all HFM queries in liaison with LHL Group finance teams.
•  Review the GL mapping to HFM for consistency with LHL Group
•  Support Opco finance teams in migration from SAP ECC to S4HANA
•  Coordinate materials from all stakeholders required for group annual integrated report.
•  Liberty Kenya Holdings Group consolidation and preparation of ‘typeset’ LKH Plc group annual financial
• statements for local statutory reporting.
•  Pack reporting to Group Finance within deadlines for Liberty Holdings consolidation reporting.
•  Ensure controls are adequate and effective.
•  Liaise with independent auditors and ensure interim and final reviews are properly coordinated.
•  Business strategic reviews including financial modelling, going concern assessments and assessments for capital adequacy.
•  Preparation of Financial results publication “Press releases” for both interim and Full year.
•  Generate financial metrics for use in the integrated report.
•  Ensure intercompany balances are kept always reconciled.
•  Board papers preparation.
•  Responsible for day-to-day LKH Plc financial operations.
•  Any other LKH functions that may be assigned.

Qualifications

• 5 years’ experience in executive management
• 5 years reporting experience.
• Experience in the insurance industry will be an added advantage

Competencies

Technical Competencies

•  Skilled in use of MS Office Suite (Excel, Word and PowerPoint)
•  Business analytics
•  Deep understanding of all lines of insurance
•  Financial statement preparation and general financial management knowledge
•  Technical report writing skills
•  High degree of understanding of IFRS and in particular IFRS 17

Behavioural competencies

•  Self-motivation
•  Pro activeness
•  Leadership skills
•  Getting stuck into the detail / get involved
•  High standards of integrity and professionalism
•  Innovation and creativity
•  Presentation skills
•  Problem solving skills
•  Excellent commercial and business experience
•  Exceptional communication skills at all levels
•  Strong IT skills, always ahead of new technologies
•  Ability to handle high levels of pressure and critical decision making

Core Competencies

•  Formulating strategies and concepts
•  Entrepreneurial and commercial thinking
•  Planning and organizing
•  Relating and networking
•  Working with people
•  Adapting and responding to change
•  Deciding and initiating action
•  Persuading and infuencing
•  Presenting and communicating information
•  Leading and supervising
•  Creating and innovating
•  Adhering to principles and values
•  Achieving personal work goals and objectives