ICA, a reputable Insurance corporation, based and registered in Afghanistan, is seeking to recruit an experienced on the position of Head of Finance Manager or Senior Finance Manager with a solid track record of running and managing the day to day business affairs and to meet reporting requirements to all the stakeholders on a timely basis.

Reporting into the Chief Executive Officer,

This position will include overall responsibility is to manage ICA's financial accounting, monitoring and reporting systems requirements on a timely basis.

Detail about the responsibilities are as follows:

• Monitor the day-to-day financial operations within ICA, such as payroll processing, vendor invoicing, management of receivables-payables and other operational transactions i.e. health and other sector financial claims etc.;
• Oversee financial department employees and to guide & direct to them on their roles and responsibilities to achieve the objectives of the department and ICA;
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary;
• Track the ICA's financial status and performance to identify areas for potential improvement;
• Providing and interpreting financial information;
• Analyzing changes and advising accordingly;
• Ensuring compliance with required financial controls available;
• Seek out methods for minimizing financial risk exposure to the ICA
• Provide insightful information and expectations to senior executives (Chief Executive Officer, Chief Underwriting Officer etc.)  to aid in long-term and short-term decision making and planning.
• Review financial data and prepare monthly, quarterly, half-yearly and annual reports within the time frame communicated by the stakeholders.
• Developing external relationships with appropriate bodies, e.g. auditors, solicitors, bankers and statutory and regulatory organizations (income tax authorities, CBR department, Afghanistan insurance authority (AIA)
• Ensure to pay all the taxes (Wage withholding taxes, rental taxes, contract’s taxes, BRT etc.) on a timely basis to avoid any related penalties imposed by Income Tax Authorities of Afghanistan.
• Ensure monthly, quarterly and yearly reporting requirements of Afghanistan Insurance Authority within due time period communicated.
• Ensure to prepare and maintain all underlying accounting and other records properly all the time.
• Ensure to prepare all the reconciliation on a monthly basis (bank reconciliations, written business reconciliation, reconciliation with the related parties etc.)
• Stay up to date with technological advances and accounting software will be used for financial purposes in the future.
• Ensure to provide support for the procurement and development of accounting an insurance software modules during all the phases; so that related reporting and financial requirements could be designed accurately.
• Establish and maintain financial policies and procedures for the ICA on identified or missing areas.
• Understand and adhere to financial regulations and legislation (income tax law, insurance law and other major laws and regulations etc.)
• Managing the annual budgeting cycle,
• Monitoring and interpreting cash flows and predicting future trends,