Assistant Finance Manager

An established insurance broker in Mauritius, is looking to strengthen its Finance team and is currently looking for an Assistant Finance Manager to join us.

Job Purpose:
To support the Finance Manager in maintaining accurate finances, disciplined budgeting, strong controls, and full compliance as well as oversees financial operations, leads finance staff, manages assigned budgets, and supports key decisions, risk management, and organisational performance.

Main duties

Financial Reporting & Controls

• Oversee the integrity of accounting records, general ledger, and financial schedules.
• Review and validate monthly management accounts, reconciliations, and journals prior to submission.
• Monitor financial risks and recommend mitigation measures.

Budgeting & Financial Performance

• Coordinate the preparation of annual budgets and periodic forecasts.
• Own and manage designated operational budget lines, monitoring expenditure against approved budgets.
• Analyse variances and prepare management reports.
• Recommend cost-control and efficiency measures.

Statutory & Regulatory Compliance

• Oversee statutory submissions ensuring accuracy and timeliness.
• Ensure compliance with accounting standards and regulatory requirements.
• Act as key liaison with auditors, regulators and external stakeholders on accounting and compliance matters.

Cash Flow Oversight

• Monitor cash flow forecasts, identify risks and liquidity positions and escalate concerns promptly.
• Validate payment runs and authorisations supporting documentation complies with approval and control requirements.

Team Supervision & Development

• Supervise designated finance staff and allocate workloads, quality standards and deadlines are met.
• Provide coaching and technical guidance.
• Support staff development and succession planning.

Financial Advisory & Continuous Improvement

• Provide professional financial advice and insights to management and department heads.
• Lead process improvement initiatives.
• Participate in system upgrades and finance projects.

Qualifications:

• Degree in Accounting, Finance, or any related field.
• Professional Qualification (ACCA/ ACA/ CIMA/ CPA) preferred

• 7 years’ experience in finance or accounting
• Experience in reporting, budgeting, and compliance
• Supervisory exposure preferred

Skills :

• Advanced financial reporting skills
• Strong analytical capability
• Budget management expertise
• Regulatory knowledge
• Leadership and coaching ability
• High ethical standards
• Excellent communication skills
• Proficiency in accounting systems and MS Excel
• Attention to Detail
• Accountability
• Results Orientation
• Problem Solving