Overview
Head of Finance Jobs in South-East District, Botswana at WestSure Insurance Botswana
Title: Head of Finance
Company: WestSure Insurance Botswana
Location: South-East District, Botswana
Role Purpose
The Head of Finance is a senior leadership role responsible for driving financial strategy, ensuring robust financial control, strengthening stewardship of assets, and supporting the company's long-term growth and profitability objectives. The role incorporates finance operations, strategic financial planning, reporting, risk & compliance, and leadership of the finance function.
Responsibilities
- Financial Strategy & Leadership
- Develop and implement financial strategies that align with business goals and market conditions.
- Provide forward-looking financial insights and modelling to guide decision-making at executive and board levels.
- Drive budgeting, forecasting, scenario planning, and performance monitoring processes.
2. Financial Reporting & Compliance
- Lead accurate and timely preparation of financial statements in compliance with IFRS, NBFIRA prudential reporting requirements and all other Corporate regulations.
- Manage external audits, regulatory submissions, and liaise with statutory bodies (e.g. NBFIRA, BURS)
- Ensure adherence to internal financial policies and controls to safeguard company assets.
3. Treasury & Risk Management
- Oversee cash flow planning, investment management, and capital allocation to meet operational needs and optimise returns.
- Identify financial risks (liquidity, credit, market) and implement mitigation frameworks across the business.
4. Budgeting & Cost Control
- Lead the annual budgeting process with business unit partners, ensuring alignment of financial targets with strategic priorities.
- Monitor cost performance and implement cost = control measures while enabling business growth.
5.Team Leadership & Development
- Direct, mentor, and develop the finance team to build capability, accountability, and performance excellence.
- Foster cross-functional collaboration with operations, underwriting, claims, and IT teams to support integrated financial planning.
6. Corporate Governance & Stakeholder Engagement
- Support the CEO and executive management in presenting financial performance and strategy to the Board of Directors and committees through providing timely monthly and quarterly reports.
- Establish strong relationships with key stakeholders, including auditors, regulators, brokers, banks, and investors.
Qualifications
Educational Background
- Bachelor's degree in Finance, Accounting, Economics, or related field
- Master's Degree (MBA, MSc Finance, or equivalent) is advantageous
Professional Certifications
- Chartered Accountant (CA)/ ACCA/CIMA/CPA or equivalent professional qualifications strongly preferred.
Experience
- Minimum 8-12+ years' experience in finance leadership roles – ideally with the insurance, financial services, or banking sectors.
- Proven track record in financial planning, reporting, compliance, and strategic leadership at a senior level.
- Hands-on experience with regulatory bodies and financial institutions.
Technical Knowledge
- Expert knowledge of financial accounting standards (IFRS), insurance accounting (e.g. premium recognition, reserves), and risk frameworks.
- Strong competence in financial systems (ERP software, reporting tools).
- Familiarity with Botswana's regulatory frameworks: NBFIRA regulations, Companies Act, tax legislation.
Core Competencies & Skills
- Strategic & Analytical Thinking
- Regulatory & Compliance Orientation
- Leadership & Collaboration
- Technical Proficiency
