Chief Financial Officer 301 views

We are looking for one potential candidate to join the H. Savy Insurance Co. Ltd in the position of Chief Financial Officer.

Job Description

Summary of Duties

The Chief Finance Officer (CFO) is a strategic partner to the executive leadership team, responsible for all financial aspects of the Company, including financial planning, management of financial risks, record-keeping, and financial reporting. The CFO will play a key role in developing and implementing the company’s financial strategy to ensure growth, profitability, and compliance within the complex insurance landscape of Seychelles. The CFO will have the responsibility to oversee the Planning, Budgeting & Data Analytics, Business Development, Accounts & Investments and IT departments.

Key Responsibilities

Financial Strategy and Planning:

• Lead the development of the financial strategy, aligned with the company’s business objectives.
• Provide strategic recommendations to the MD and members of the management team.
• Oversee long-term budgetary planning and cost management in alignment with the company’s strategic plan.

Financial Management and Reporting:

• Ensure accurate and timely financial reporting to the MD and the Board of Directors, including preparation of board papers.
• Manage all aspects of financial forecasting, budgeting, and analysis to support decision-making processes.
• Oversee the preparation and communication of monthly, quarterly, and annual financial statements.
• Develop and maintain robust financial controls, compliance, and reporting frameworks.
• Liaison with auditors including for timely production of year end audited accounts.
• Debtors Control.
• Maintenance of a fixed assets register.

Board Reporting and Governance:

• Serve as a key liaison with the MD and the Board of Directors on financial matters.
• Prepare and present financial reports, trends, and forecasts to the MD and the board, ensuring clarity and transparency.
• Lead the preparation of financial documents and board papers required for board meetings.
• Ensure compliance with all relevant laws and regulatory requirements, including insurance-specific regulations.

Risk Management:

• Develop and implement strategies for financial risk management, including credit, market, operational and liquidity risks.
• Monitor and manage the company’s capital structure, ensuring optimal balance between debt, equity, and reserves.

Benefits

Salary will be commensurate with qualifications and experience.

Job Requirements

Required Skills

• 5 or more years of experience in executive leadership roles
• Excellent leadership skills, with steadfast resolve and personal integrity
• Exceptional verbal, written, and visual communication skills
• Understanding of advanced accounting, regulatory issues, and tax planning
• Working knowledge of how to raise capital outside traditional lines of credit
• Must be technologically adept and possess exceptionally good computer skills and be exceptionally proficient in MS Excel, MS Office, MS Outlook, and PowerPoint, all be necessary for the creation of financial reports, proposals, and recommendations.
• Experience in mergers and acquisitions and investor relations.

Preferred Qualifications

A Chartered Accountant (ACCA OR ACA), from a recognized Professional Accounting Qualifications Body with 5 years of working experience. An MBA or Master’s degree (or equivalent experience) in accounting, business accounting or finance will be considered an advantage.

How To Apply

Interested candidates should Sign-up or login to apply now or are required to forward application letter to: Mrs. Marie-Agnes Brioche, Human Resources Manager on email: m.brioche@hsi.sc

Closing date for applications is Tuesday 22nd April 2025.

To note that only shortlisted applicants will be considered.

Note:

In order to increase your chances of a successful selection, kindly ensure that your application is complete and that all relevant information such as your qualifications have been provided with your application.   Otherwise, the Employer reserves the right not to consider your application for selection.