Full-Time

Startup & High Growth

Social Impact

Movemeback African oppportunity location
  • Ghana

BIMA - Finance Manager Movemeback African opportunity cover image

Description

BIMA is one of the fastest-growing impact and tech companies in the world. We use disruptive mobile technology to bring insurance and health services to consumers with low incomes. BIMA is committed to disrupting the traditional insurance industry and democratizing access to vital services for billions of under-served families around the globe. In just ten years, we’ve built a customer base of over 30 million subscribers in 9 countries across Africa and Asia. Joining BIMA at this stage provides an opportunity for you to truly influence the strategy of a global, growing business. We are a vibrant company where ideas and passion are welcomed, and you get real responsibility from day one. We have brought together some of the best talent from World leading organizations to create a company that truly celebrates diversity. Our people are our greatest asset and, as an equal opportunities employer encourage applicants from diverse backgrounds to work with us.

 

We are looking for a Finance Manager to take overall responsibility of the Finance function in Ghana. The right candidate has an extensive experience of accounting and tax rules in Ghana and is driven as much by the delivery of robust financial reporting as by the willingness to add value and support the Country Manager in business decisions. The Finance Manager is part of the Senior Management Team and reports directly to the Country Manager, with supervision of the Regional Finance Manager. This role will offer the right candidate a great opportunity to enter a young and growing organization in the insuretech and telemedicine industry. Work streams are varied, from payroll processing to procurement, financial reporting, tax compliance, stakeholder management and cost control. The Finance Manager must have a high level of professionalism, curiosity and integrity.

 

A can-do attitude, positive mindset and team player mentality will help you excel in this position. But as with any finance job, a structured way of working as well as strong attention to details will also be required. Heading a team of three finance professionals, the applicant must have excellent leadership skills and be a team player who will collaborate with other key members of the BIMA Management team at Local and Global level.

 

 

Role Responsibilities:

Management and month-end closing

  • General Ledger Accounting management in our accounting software/ERP (ERP Workday)
  • Management of month-end closing with responsibility of the month-end checklist and balance sheet reconciliation
  • Management of Payroll for over 700 staff
  • Timely monthly reporting to Group in the format defined by Group Finance
  • Management of annual audit and annual financial statements

Controls and compliance

  • Ensure compliance with laws and regulations
  • Statutory reporting requirements as needed (e.g. tax)
  • Management of internal control environment in compliance with the Group policies (Payroll, Claims, Procurement, etc.)
  • Collaboration with advisors and regional finance team on these topics.

Working capital management

  • Revenue reconciliation with our IT systems and our partners
  • Invoicing to partners and collection of receivables
  • Full ownership of the Account Payable process
  • Cash flow management and preparation of funding request

Financial Controlling

  • Support Country Manager as well as Division Heads with ‘real time’ costs and profitability analysis
  • Be a trusted adviser who adds value and assist in decision making

Stakeholder Management

  • Ensure good working relationship with underwriting partners, telco partners and regulators
  • Ensure timely receipts and payment from and to our suppliers and partners

Criteria

Educational Qualifications

  • Professional qualification -ICAG/ACCA /CIMA - Final level
  • Minimum of Bachelor or master’s degree in Accounting or Finance
  • Should have completed national service

Professional skills

  • At least 5-10 years working experience in accounting or auditing roles (Senior management)
  • Excellent knowledge in accounting principles and standards (IFRS)
  • Good knowledge in Ghana tax laws
  • Excellent in the use of ERP systems. We use Tally and Workday Financials
  • Excellent computer skills and knowledge of Excel

Personal Skills

  • Good leadership skills
  • Must be results-oriented
  • Strong verbal and written communications skills in English
  • Must be proactive and work collaboratively
  • Must be self-motivated
  • Ability to meet tight deadlines and work under pressure

Desirable

  • Experience with an international organization preferable a listed company
  • 5 - 7 years’ experience managing full P&L
  • Strong knowledge of Ghana’s finance/accounting regulations
  • Understanding of insurance/micro insurance
  • Excellent communicator, very organized with a strategic experience at developing new financial controls
  • Workday experience will be an added advantage

Benefits

  • Globally competitive salary

About BIMA

BIMA established the mobile-delivered insurance model in Ghana in 2010 and now serves 27 million customers, operating in 16 countries across Africa, Asia, Latin America and the Caribbean. Customers register for an insurance policy via their mobile handset and pay for cover through the deduction of prepaid airtime credit, or through their postpaid bills. BIMA is also establishing a new approach to healthcare, with the introduction of BIMA mobile health services. Their ground-breaking model combines the power of mobile technology with a unique agent-led approach to consumer education to bring insurance to emerging markets.


BIMA has a very distinct culture, with people who are smart and independent without ego. BIMA employees share their ideas as readily as their opinions, and are respectful when doing so. They are driven and ambitious, but not ruthless. Most importantly they never lose their sense of humor. BIMA do their part investing heavily in the training and development of staff, believing in creating real opportunities for progression within the company.


Everyone in the BIMA team shares a passion for adventure. Team members are bold people who love to travel, experience different cultures and try new things. Recruitment is rigorous, but it has helped build an impressive, dynamic team that shares a strong bond. If you match the profile described above BIMA would like to hear from you.