Finance Manager - Insurance

Description:

Position Title - Finance Manager

Location - Maputo, Mozambique (Africa)

Industry - Insurance

Experience Required - Minimum 7 years (Insurance Industry)

About the Company:

We are a leading insurance company based in Mozambique, dedicated to delivering innovative and reliable insurance solutions to our clients. As part of our continued growth, we are seeking an experienced Finance Manager / Head of Finance to lead our finance function and ensure the companys financial integrity, compliance, and strategic growth.

Position Summary:

- The Finance Manager / Head of Finance will oversee all aspects of financial management, including accounting, reporting, budgeting, taxation, and insurance policy finance management.

- The ideal candidate will have extensive experience within the insurance industry, with a strong background in tax planning, insurance policy financial operations, and regulatory compliance.

- This is a strategic leadership role responsible for ensuring financial sustainability, operational efficiency, and adherence to both local and international financial standards.

Key Responsibilities:

- Oversee the companys full financial operations - accounting, budgeting, forecasting, and financial analysis.

- Ensure compliance with all financial, tax, and insurance regulatory requirements in Mozambique.

- Manage and optimize tax planning, reporting, and compliance, ensuring alignment with corporate and statutory requirements.

- Lead financial aspects of insurance policy management, including premium recognition, claims payments, reinsurance settlements, and investment income allocation.

- Prepare and present accurate and timely financial statements, management reports, and performance analyses for the executive team and board.

- Develop and implement effective financial controls, policies, and procedures.

- Manage internal and external audits and maintain strong relationships with auditors, regulators, and tax authorities.

- Support strategic decision-making by providing financial insights and scenario analyses.

- Drive initiatives to improve profitability, efficiency, and capital management.

- Lead, train, and mentor the finance team to ensure excellence in financial operations and reporting.

Qualifications & Experience:

- Bachelors degree in Finance, Accounting, Economics, or a related field (Masters degree, CPA, or ACCA preferred).

- Minimum 7 years of progressive experience in the insurance industry, with leadership or senior finance role.

- Strong experience in tax management, insurance policy accounting, and regulatory reporting.

- Deep understanding of insurance financial operations - premiums, claims, reinsurance, and reserves.

- Solid knowledge of IFRS, insurance regulations, and Mozambiques tax framework.

- Proven experience managing financial audits and liaising with regulatory authorities.

- Strong leadership, communication, and analytical skills.

- Fluency in English required; proficiency in Portuguese highly advantageous.

What We Offer:

- Competitive compensation and benefits package.

- Opportunity to lead the financial strategy of a growing insurance company.

- A collaborative, professional, and growth-oriented work environment.