🇳🇬 Job Vacancies @ AIICO Insurance Plc – 8 Positions

AIICO Insurance is the largest Life Insurer in Nigeria and a major underwriter for General Insurance business. We are key players in Oil and Gas and rated in the top three for General Insurance business in Nigeria. Our Travel Insurance Unit is currently the market leader in the industry.

We offer a wide range of products and services in General Insurance for Retail and Institutional customers. Our solid global support enables us provide sophisticated and high profile options for our clients. Our Stability, Strength, Security and Trust over the years have placed us at a better advantage in all classes of Life Assurance.

We are recruiting to fill the following positions below:

1.) Senior Human Resource Business Partner
2.) Life Underwriting Officer
3.) Senior Officer, Bank Reconciliation
4.) Team Lead, Mainland Brokers Underwriting
5.) Transportation Manager
6.) Team Lead, Multiclient/Financial Institutions Underwriting
7.) Financial Analyst
8.) Financial Reporting Manager

Job Title: Senior Human Resource Business Partner

Location: Lagos
Employment Type: Full Time

Job Description

• The Senior HR Business Partner (HRBP) is a strategic partner to senior leadership, providing guidance and support in aligning HR strategy with business objectives. The role focuses on driving talent management, workforce planning, employee relations, and organizational development initiatives.
• As a trusted advisor, the Senior HRBP ensures that the business has the right people, structures, and processes in place to achieve its goals.
• The Senior HR Business Partner leads and manages the effective and efficient delivery of HR services with best practice and compliant with relevant policies and processes, including providing leadership, coaching and mentoring.
• The role requires strategic, operational and project management skills ensuring HR remains an active contributor to the success and goals of your assigned Business segment, business unit and operating units. Utilizing functional experience, flexibility, creativity, and project management skills, assist on special projects and new program development as needed.

Roles and Responsibilities
HR Strategy and Planning:

• Partner with senior leadership to align HR transformation initiatives with business strategy and drive organizational success.
• Provide insights and recommendations on workforce planning, talent acquisition, succession planning, and organizational design.
• Define HR transformation goals, metrics, and KPIs to measure success.

Talent Management and Development:

• Lead initiatives related to talent development, leadership training, coaching and performance management.
• Support the creation of individual development plans (IDPs) for key talent and high-potential employees.
• Partner with Learning and Development teams to design and implement programs that develop the leadership pipeline.

Process Optimization and Change Management:

• Analyze current HR processes and identify areas for improvement.
• Design and implement streamlined HR processes, ensuring they are scalable and adaptable.
• Lead change management efforts, including stakeholder engagement, communication, and training.

Technology and Systems Integration:

• Lead the implementation and integration of HR technology platforms (e.g., HCM, ATS, payroll systems).
• Collaborate with IT and external vendors to ensure smooth technology adoption and minimal disruption.
• Oversee data migration and ensure data integrity across systems.

Performance Management and Leadership Coaching:

• Collaborate with Learning and Development teams to ensure training programs align with the transformed HR processes.
• Implement talent management and performance review processes that support a high-performance culture.
• Provide coaching and mentoring to managers on how to effectively manage performance, set goals, and provide feedback.
• Work with leadership on succession planning, identifying critical roles and preparing future leaders.
• Manage the implementation of leadership programs that prepare future leaders for key roles.

Project Management:

• Lead cross-functional teams in executing transformation initiatives, ensuring projects are completed on time and within budget.
• Develop project plans, timelines, and budgets while tracking milestones and deliverables.

HR Analytics and Reporting:

• Leverage data and analytics to assess trends, identify potential HR issues, and provide actionable insights to the business.
• Monitor key HR metrics (e.g., turnover, employee engagement, and diversity metrics) and report findings to leadership.

Employee Experience Enhancement:

• Design initiatives that improve the employee journey to foster an inclusive, diverse, and collaborative workplace culture..
• Implement tools and practices that improve employee engagement, development, and retention.

Stakeholder Management:

• Act as the main point of contact for HR transformation efforts, regularly updating executives and key stakeholders on progress.
• Gather feedback from all levels of the organization to continuously refine transformation efforts.

Compliance and Governance:

• Ensure that all HR transformation efforts comply with local, national, and international labor laws and regulations.
• Create and update HR policies and procedures to reflect changes in legislation or company strategy.
• Implement governance frameworks for ongoing HR process management.

Qualifications
Education:

• Bachelor’s or Master's Degree in HR, Business Administration, Organizational Development, or a related field.

Professional Qualification:

• Related Professional certification is mandatory.

Experience:

• 7-10 years of experience in HR management, including HR transformation, HRBP or change management roles.
• Proven experience in leading talent review processes, succession planning, and leadership development programs.

Core Competencies:
Strategic Thinking:

• Ability to align HR transformation efforts with broader business goals.
• Long-term planning to future-proof HR processes and systems.

Leadership and Influence:

• Strong leadership skills to guide cross-functional teams and influence senior stakeholders.
• Ability to manage and motivate teams through significant organizational change.

Change Management:

• Expertise in managing change at all levels of the organization, with a focus on people-centric approaches.
• High emotional intelligence to manage resistance to change.

Analytical and Problem-solving Skills:

• Ability to analyze complex data, identify key insights, and develop actionable solutions.
• Skilled in addressing challenges and solving issues related to process improvement.

Communication Skills

• Excellent verbal and written communication to present ideas, reports, and findings to various stakeholders.
• Skilled in negotiation and diplomacy, ensuring buy-in from all levels of the organization.

Collaboration and Teamwork:

• Strong collaboration with different business functions to ensure smooth HR transformation.
• Ability to build strong relationships with key stakeholders and partners.

Functional Competencies:
HR Expertise:

• In-depth knowledge of HR functions such as talent acquisition, compensation and benefits, employee relations, performance management, and employee development.
• Familiarity with HR compliance, employment law, and labor regulations.
• Understanding of the HR lifecycle and ability to align HR programs with the business's needs.

Talent Management and Leadership Development:

• Proven experience in leading talent review processes, succession planning, and leadership development programs.
• Expertise in assessing organizational needs and designing tailored talent management initiatives.

HR Technology and Systems:

• Strong knowledge of HR technology platforms like HCM, ATS, and payroll systems.
• Experience in implementing or upgrading HR systems.

Project Management:

• Expertise in project management methodologies (e.g., Agile, Waterfall) and tools (e.g., Jira, Asana, MS Project).
• Strong understanding of resource management, risk mitigation, and issue resolution.

Data Analytics and Reporting:

• Ability to analyze HR data to inform decision-making and track performance metrics.
• Proficiency with data visualization tools (e.g., Power BI, Tableau).

Business Acumen:

• Deep understanding of the business's operational and financial goals and how HR contributes to achieving them.
• Ability to drive cost-effective transformation initiatives.

Change Leadership:

• Skilled in leading organizational transformation through culture shifts and mindset changes.
• Ability to implement and sustain long-term changes in HR practices.

Application Closing Date
6th November, 2024.

How to Apply
Interested and qualified candidates should send their CV to: careers@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Life Underwriting Officer

Location: Port Harcourt, Rivers
Employment Type: Full-time

Job Summary 

• Retail technical team is seeking to recruit a young, self-motivated, and talented staff to join the team.
• The successful candidate will assist the rest of the team to identify business' needs and implement plans to actualize the organization’s goals.

Responsibilities

• Implement the process of analysing/assessing risks, with a view to, offering competitive terms, while ensuring commensurate premium for the risk exposure.
• Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
• Ensure that all aspects of the required medical standard are adhered to in terms of underwriting policies bearing the cost implications in mind.
• Ensure implementation of reviewed medical underwriting standard.
• Ensure the implementation of process improvements practices to promote increased quality of service to enable the underwriting team to meet and exceed expectations on process turnaround for new business transactions, renewal, endorsement transactions and inspection reviews.
• Implement reinsurance programs to meet standards of the company.
• Apply advised rates, policy terms, conditions, discounts, loadings and deductibles/excess and proffer risk management solutions and risk improvement measures where necessary.
• Deliver quality customer service by responding swiftly to queries and concerns from internal and external clients.
• Ensure that the required investigations and inspections are carried out by the team prior to underwriting.
• Ensuring compliance with various Service Levels Agreements (SLAs) by monitoring timely issuance and delivery of policy documents.
• Any other additional tasks that may be assigned as required by the business.

Requirements

• Proficient in the use of Microsoft applications and spreadsheet, Particularly Word, Excel, PowerPoint, and Project and InfoPath.
• Numerical accuracy and pay attention to details.
• Excellent inter-personal skills with ability to work unsupervised and as part of a team.
• Possess exceptional problem-solving skills i.e. analyse problems, find solutions and implementing them.
• Able to learn quickly and understand new techniques and ideas.
• Highly developed research and analytical skills with strategic thinking and planning.

Application Closing Date
6th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Senior Officer, Bank Reconciliation

Location: Lagos
Employment Type: Full-time

Job Description

• A bank reconciliation accountant is a professional who is charged to ensure that cash amounts in an organization’s accounting ledgers reconcile with actual bank balance.
• The role entails ensuring that guidelines and policies around cash processes are effective and efficient; and that such policies should help to prevent significant errors that may arise in any cash balance calculations.

Roles and Responsibilities

• Preparation of Bank Reconciliation schedule, review those done by other team members.
• Authorize the journals posted for adoption of bank charges and interest, raise the charges for the FCY accounts.
• To ensure adequate funding’s to paying banks through daily monitoring of balances in the bank accounts.
• Liaising with banks’ relationship officers on account operational matters escalated to me or assigned by the leadership.
• Disbursement paying banks funding directives daily.
• Stale cheques write back and reconciliation of the inter-business balance GL.
• POS dispute resolution.
• Authorize all Journals raised and posted as it relates to our different bank transfers, raise inter business settlement journals and refunds.
• Oversee the monitoring of discontinued GL’s for posting errors.
• Finalize the weekly reports (such as detailed liquidity report).
• Independent spot review of daily receipts issued by income and confirm them to inflow in the banks using the details in the receipts.
• Frequent review of the daily call over performed by confirmation team.
• Attend to queries from auditors (internal and external) as relate to bank reconciliation activities and other bank related activities with the aim of providing documentation required for the auditors to do their job satisfactorily.
• Periodic review of bank reconciliations and confirmation process and suggest improvement areas to further strengthen the process controls.
• Follows up all transactions continuously and provide updates to the management.
• Adhere to corporate standards and procedures in all reconciliation activities.

Qualifications
Education:

• Bachelor’s Degree in Accountancy or related fields.

Professional Qualification:

• Qualifications from professional accounting bodies would be an added advantage.

Experience:

• Proven work experience (4 years and above) as bank reconciliation officer reconciling multiple bank accounts with large volume of transactions.
• Experience in Treasury functions is an added advantage.
• Possess knowledge of general accounting principles and workings of the banking systems.
• Demonstrate the required skill to perform detailed work accurately and promptly too.
• Exemplify good communication skill and ability to communicate professionally with others both verbally and in writing.
• Display problem-solving skill even under stressful conditions and deadlines.
• Proficiency in Microsoft Office applications like Microsoft Word, Excel, and PowerPoint.
• Able to manage own time and that of others effectively.
• Manage and develop others in order to achieve organizational goals.

Core Competencies:

• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff.
• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.
• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.
• Problem-Solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.
• Financial Acumen: Strong understanding of Financial Accounting and Reporting, Budgeting and Forecasting, and financial analysis, and accounting. Ability to perform analytical review.

Functional Competencies:
Technical Expertise:

• In-depth knowledge of financial accounting and reporting, Budgeting and Forecasting, financial analysis and financial management.
• Proficiency in computer-aided facility management (CAFM) software and other relevant technologies.

Financial Acumen:

• Ability to develop detailed cashflow analysis, track and resolve reconciling items, and identify cost-saving opportunities.
• Strong analytical, financial reporting and forecasting skills.
• Technology Proficiency: Proficiency in using technology and software for bank reconciliations and cash management.

People Management:

• Experience in managing bank relationships.
• Ability to relate well with internal and external parties.
• Strong communication skills.
• Ability to achieve cost-effective solutions without compromising quality.

Application Closing Date
4th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Team Lead, Mainland Brokers Underwriting

Location: Lagos
Employment Type: Full-time

Job Description

• We are looking for a detail-oriented underwriter who is able to take initiative and work well with others as a team.
• The job requires efficiency and effectiveness in order to meet agreed turnaround times.
• Among other things, the officer will be required to interface with brokers and clients to facilitate the closure of insurance deals on a regular basis.

Responsibilities

• Preparation of quotations after reviewing a new proposal from client/broker.
• Develop and maintain strong relationship and credibility with the sales staff/brokers through productive engagements regularly.
• Ensure that all underwriting records and files of clients/brokers as at when due.
• Ensure that debit/credit notes are issued to clients are issued as at when due.
• Ensure that any policy with loss ratio above 70% are escalated to higher authorities for decisions 2 months before renewal.
• Ensure compliance with the KYC requirements of the company in respect of both new and renewal businesses. Customer due diligence must be carried out on all clients.
• Ensure that all fire, motor and engineering risks in line with the organization’s policy are sent to the risk management and survey team for inspection and follow done until survey is done, and risk improvement recommendations are communicated to the insured.
• Ensure receipts obtained in respect of all transactions within 48 hours and the underwriting file updated.
• Acknowledge all mails within one hour and diarize for follow up.
• Deliver endorsements in respect of all policy alterations and renewals within 48 hours.
• Ensure policy documents are delivered within 72 hours.
• Ensure motor insurance certificates are issued within 24 hours and same uploaded to the NIID.
• A good knowledge of Property, Casualty and Marine Insurance Product and their underwriting requirements.
• Any other functions as deemed necessary by the team lead for the unit.

Qualifications
Education:

• B.Sc. or HND in any field.
• A master’s degree would be an added advantage

Professional Qualification:

• Associate member, Chartered Insurance Institute of Nigeria.

Experience:

• Minimum of 8 years experience as an underwriter and at least 2 years as a team lead in a reputable insurance company.

Core Competencies:

• Good communication skills
• Time management skills.
• Problem-solving skills.
• Attention to detail.
• Team player/effective collaborator
• Organization skills

Functional Competencies:

• Skilled in the use of Microsoft Word, PowerPoint and Excel.
• Good underwriting skills.

Other Requirements:

• The candidate must possess team leadership experience with verifiable proof of notable achievement as the team lead.
• The role would require an individual with analytical skills who would be able to assess a risk and determine whether it should be insurable and at what terms and conditions.
• The role is also expected to liaise with brokers as occasion demands and and provide the necessary supports to consummate insurance placement deals on terms agreeable to the organization.
• Carry out pre-renewal/Onboarding review of risks and communicating the renewal terms to the client through the broker. In the same vein, the role is expected to flag any risk that has been value-eroding for the business.
• Provide leadership to the team by setting positive examples of changes he/she hopes to bring to the team that would enhance their performance.
• Possess the quality of effective communication to team members, marketers, brokers and other stake holders.
• Must be able to develop actionable strategies to help the team provide the necessary support for the Sales Team to meet their Gross Written Premium Objective.
• Must be a team player able to collaborate with the team members to achieve the overall objective of the business.
• Must be able to foster a culture of innovation and continuous improvements among team members.
• Must be skillful in the delegation of tasks and responsibilities.
• Monitoring and managing the performance of team members.

Application Closing Date
10th November, 2024.

Method of Application
Interested and qualified candidates should send their CV to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Transportation Manager

Location: Lagos
Employment Type: Full-time

Job Summary 

• The Transportation Manager will be responsible for overseeing and managing all aspects of the company’s transportation operations.
• This includes ensuring efficient, safe, and cost-effective transportation services.
• The ideal candidate will possess strong leadership skills, extensive experience in transport management, responsible for developing and implementing transportation policies and procedures, as well as managing transportation budgets and expenses, and the ability to implement strategic initiatives.

Responsibilities

• Develop and oversee transportation policies, procedures, and programs to ensure safe and efficient transportation operations.
• Manage the fleet of vehicles and coordinate the transportation department's daily activities, including scheduling, routing, and dispatching of vehicles and drivers.
• Ensure compliance with all applicable state and federal regulations related to transportation, including driver qualification, vehicle maintenance, and hours of service.
• Monitor transportation costs and identify opportunities for cost savings.
• Ensure adherence to all relevant health, safety, and environmental regulations.
• Conduct regular safety audits and inspections of transport operations.
• Develop and enforce safety protocols and emergency procedures.
• Manage relationships with transportation vendors and negotiate contracts and rates.
• Collaborate with other departments to ensure transportation needs are met, including coordinating with warehouse and distribution teams to ensure timely delivery of goods.
• Develop and maintain transportation performance metrics and reports, and use data to identify areas for improvement.
• Ensure that all transportation-related documentation, such as bills of lading and delivery receipts, are accurate and complete.
• Manage and develop transportation staff, including hiring, training, and performance management.
• Prepare and present regular reports on operational performance, budgets, and strategic initiatives.
• Identify and mitigate risks associated with transport operations.
• Stay updated with industry trends and best practices to drive continuous improvement.

Requirements

• Bachelor's degree in Logistics, Supply Chain Management or related field.
• Any management-related professional certification is mandatory.
• 7+ years proven experience as a transportation manager or similar role.
• Knowledge of safety and compliance regulations for transportation.
• Ability to manage and coordinate multiple shipments and routes.
• Strong knowledge of health, safety, and environmental regulations.
• Strong organizational and communication skills.
• Proficiency in transportation management software.
• Strong leadership and team management skills.
• Analytical and problem-solving skills.
• Ability to make decisions under pressure.
• Detail-oriented and able to maintain accurate records.

Core Competencies:

• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff
• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.
• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.
• Problem-solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.
• Financial Acumen: Strong understanding of budgeting, financial management, and cost control. Ability to manage budgets and control expenditures.

Functional Competencies:

• Transport Operation: Extensive knowledge of transport operations, including fleet management, route optimization, and regulatory compliance.
• Safety Management: In-depth understanding of safety regulations and best practices for transportation. Ability to develop and implement safety protocols.
• Project Management: Ability to plan, execute, and manage projects effectively. Strong organizational skills and attention to detail
• Vendor Management: Experience in managing vendor contracts and relationships. Ability to negotiate and manage service agreements.
• Technology Proficiency: Proficiency in using technology and software for transport management. Familiarity with systems for fleet management, route planning, and reporting.

Application Closing Date
11th November, 2024.

Method of Application
Interested and qualified candidates should send their CV to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Team Lead, Multiclient/Financial Institutions Underwriting

Location: Lagos
Employment Type: Full-time

Responsibilities 

• Preparation of quotations after reviewing a new proposal from client/broker.
• Develop and maintain strong relationship and credibility with the sales staff/brokers through productive engagements regularly.
• Ensure that all underwriting records and files of clients/brokers as at when due.
• Ensure that debit/credit notes are issued to clients are issued as at when due.
• Ensure that any policy with loss ratio above 70% are escalated to higher authorities for decisions 2 months before renewal.
• Ensure compliance with the KYC requirements of the company in respect of both new and renewal businesses. Customer due diligence must be carried out on all clients.
• Ensure that all fire, motor and engineering risks in line with the organization’s policy are sent to the risk management and survey team for inspection and follow done until survey is done, and risk improvement recommendations are communicated to the insured.
• Collaborate with banks and other financial institutions to develop bespoke insurance products that will meet the need of their customers.
• Acknowledge all mails within one hour and diarize for follow up.
• Deliver endorsements in respect of all policy alterations and renewals within 48 hours.
• Ensure policy documents are delivered within 72 hours.
• Ensure motor insurance certificates are issued within 24 hours and same uploaded to the NIID.
• A good knowledge of Property, Casualty and Marine Insurance Products and their underwriting requirements.
• Any other functions as deemed necessary by the team lead for the unit.

Requirements

• The candidate must possess team leadership experience with verifiable proof of notable achievement as the team lead.
• The role would require an individual with analytical skills who would be able to assess a risk and determine whether it should be insurable and at what terms and conditions.
• The role is also expected to liaise with brokers, banks and clients as occasion demands to provide the necessary supports to consummate insurance placement deals on terms agreeable to the organization.
• Carry out pre-renewal/Onboarding review of risks and communicating the renewal terms to the client through the broker/bank. In the same vein, the role is expected to flag any risk that has been value-eroding for the business.
• Provide leadership for the team by setting positive examples of changes he/she hopes to bring to the team that would enhance their performance.
• Possess the quality of effective communication to team members, marketers, brokers and other stake holders
• Must be able to develop actionable strategies to help the team provide the necessary support for the Sales Team to meet their Gross Written Premium Objective.
• Must be a team player able to collaborate with the team members to achieve the overall objective of the business.
• Must be able to foster a culture of innovation and continuous improvements among team members.
• Must be skillful in the delegation of tasks and responsibilities.
• Monitoring and managing the performance of team members.

Qualifications:

• B.Sc. or HND in any field.
• A master’s degree would be an added advantage.
• Associate member, Chartered Insurance Institute of Nigeria.
• Minimum of 8 years’ experience as an underwriter and at least 2 years as a team lead in a reputable insurance company.

Core Competencies:

• Good communication skills
• Time management skills.
• Problem solving skills.
• Attention to details.
• Team player/effective collaborator
• Organization skills

Functional Competencies:

• Skilled in the use of Microsoft words, power point and excel
• Good underwriting skills.

Application Closing Date
11th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Financial Analyst

Location: Lagos
Employment Type: Full-time

Job Description

• A financial planning analyst is responsible for designing and implementing financial plans and strategies to help clients achieve their financial goals.
• The analyst must be adept at analyzing complex financial information, developing financial models, and maintaining a deep understanding of financial markets and investment products.

Roles and Responsibilities

• Consolidate and analyze financial data (budgets, income statement forecasts etc) considering company’s goals and financial standing.
• Provide creative alternatives and recommendations to reduce costs and improve financial performance.
• Building annual budgets and forecasts for different business units and consolidating into one master budget.
• Analyse past financial performance, preparing competitor analysis, and examining market trends along with commentary for management.
• Analyse the trends of key performance indicators (KPIs), especially relating to financial metrics of insurance businesses.
• Develop and continually improve budgeting, financial projections, and operating forecasts.
• Creating financial models to predict growth and forecast performance.
• Analyse previous budgets and forecasts and perform variance analysis to explain discrepancies.
• Evaluate new and existing projects, investments, and assets to determine their validity and appraise their value.
• Gain and update job knowledge to remain informed about novelty in the field.
• Consult with management to guide and influence long term and strategic decision making within the broadest scope.
• Support the management team and department leaders with data-driven analysis.
• Drive process improvement and policy development initiatives that impact the function.

Qualifications
Education:

• B.Sc / BA in Accounting, Finance or relevant field.

Professional Qualification:

• Professional certifications such as ACA, ACCA, CIMA.

Experience:

• Proven work experience (2 years and above) as a Financial Planning Analyst or similar role.
• Strong knowledge of accounting, data analysis and forecasting methods.
• Proficient in spreadsheets, databases, MS Office and financial software applications.
• Hands on experience with statistical analysis and statistical packages.
• Ability to perform research and compile reports.
• Outstanding presentation, reporting and communication skills.
• Strong attention to detail to produce accurate financial reports and for identifying any irregularities in data.
• Excellent analytical skills to interpret complex financial data and provide actionable business insights.
• Strong communication skills to present financial information clearly to both financial and non-financial stakeholders.

Core Competencies:

• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff.
• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.
• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.
• Problem-Solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.
• Financial Acumen: Strong understanding of Financial Accounting and Reporting, Budgeting and Forecasting, and financial analysis, and accounting. Ability to perform analytical review.

Functional Competencies:
Technical Expertise:

• In-depth knowledge of financial accounting and reporting, Budgeting and Forecasting, financial analysis and financial management.
• Proficiency in computer-aided facility management (CAFM) software and other relevant technologies.

Financial Acumen:

• Ability to prepare detailed financial reports, perform review and analysis of financial statements and financial reports, and identify cost-saving opportunities.
• Ability to use financial modelling in forecasting and monitoring business perfomance.
• Strong analytical, financial reporting and forecasting skills.
• Technology Proficiency: Proficiency in using technology and software for financial analysis.

People Management:

• Experience in managing team.
• Ability to relate well with internal and external parties.
• Strong communication skills.
• Ability to achieve cost-effective solutions without compromising quality.

Application Closing Date
8th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: arahman@aiicoplc.com using the Job Title as the subject of the mail.

Job Title: Financial Reporting Manager

Location: Lagos
Employment Type: Full-time

Job Summary 

• The Financial Reporting Manager is responsible for preparing government financial filings and coordinating the company’s financial reporting teams.
• The role entails duties related to monitoring company financial statements and reports to verify their accuracy and to find ways to limit or reduce costs.
• He/she also review reports to analyze trends as well as help management to make important financial decisions that will affect the company’s budget and finances.
• Financial Reporting Manager must be an expert at preparing financial statements and activity reports that highlight business finances and forecasts.
• He/she is responsible for looking into the minute details of financial reports to ensure that all legal requirements are met. He/she supervises other financial reporting employees who assist with reporting tasks.

Responsibilities

• Oversee the preparation of monthly, quarterly, and annual financial statements and reports.
• Ensure compliance with financial reporting standards, regulatory requirements, and company policies, providing responses to queries from regulators and external auditors.
• Conduct regular audits to ensure the accuracy of financial information.
• Monitor and confirm financial condition by conducting audits and providing information to external auditors.
• Review, monitor, and manage budgets.
• Review and recommend improvements to financial reporting processes.
• Analyze financial data and create financial models for decision support.
• Monitor and update the financial reporting systems and databases
• Report to the FC with timely and accurate financial information.
• Keep abreast with changes in financial regulations and legislation.
• Assist the FC in preparing reports for management executives.
• Train and mentor financial reporting staff.
• Collaborating with other departments to gather information for financial reporting.

Requirements

• BSc/BA in accounting, finance or relevant field. Msc/MBA is an added advantage
• Professional certifications such as ACA, ACCA, etc is a must.
• Proven work experience (4 years and above) as a Financial Manager or similar role in a company with Group structure.
• Hands-on experience in application of IFRS 17 to financial reporting is a plus.
• Strong knowledge of accounting, data analysis and forecasting methods.
• Outstanding knowledge of IFRS (International Financial Reporting Standards), and other regulatory standards to ensure financial reports adhere to regulations.
• Strong attention to details to produce accurate financial reports and for identifying any irregularities in data.
• Excellent analytical skills to interpret complex financial data and provide actionable business insights.
• Strong communication skills to present financial information clearly to both financial and non-financial stakeholders.
• Superior leadership abilities to manage a team of financial professionals, assign tasks and monitor performance.
• Strong IT skills, including proficiency in financial software packages and MS Office Suite, particularly advanced Excel skills.
• Exceptional organizational skills to manage multiple tasks and deadlines, and to ensure timely and accurate reporting.
• Problem-solving skills to identify and resolve financial discrepancies and issues.
• High level of integrity and professional ethics as he/she handles confidential financial information.

Core Competencies:

• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff.
• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.
• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.
• Problem-Solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.
• Financial Acumen: Strong understanding of financial reporting, financial management, and accounting. Ability to perform analytical review.

Functional Competencies:
Technical Expertise:

• In-depth knowledge of financial reporting, financial analysis, and financial management.
• Proficiency in computer-aided facility management (CAFM) software and other relevant technologies.

Financial Acumen:

• Ability to prepare detailed group financial statements in accordance with IFRS and other financial reporting and regulatory frameworks (NAICOM, SEC, etc). Perform review and analysis of financial statements and financial reports, and identify cost-saving opportunities.
• Strong analytical, financial reporting, and forecasting skills.

Technology Proficiency:

• Proficiency in using technology and software for financial reporting.

People Management:

• Experience in managing teams.
• Ability to relate well with internal and external parties.
• Strong communication skills.
• Ability to achieve cost-effective solutions without compromising quality.

Application Closing Date
4th November, 2024.

Method of Application
Interested and qualified candidates should send their Resume to: arahman@aiicoplc.com using the Job Title as the subject of the mail.