KR
Chief Accountant
Kenya Reinsurance Corporation Limited (Kenya Re)
Nairobi·Masters·Closed
At a glance
The Chief Accountant at Kenya Re oversees financial management, IFRS 17 reporting, treasury, budgeting, and ESG disclosures for a leading government-owned reinsurer. The role requires a Masters degree in Finance/Accounting/Commerce/Business Administration, CPA(K), ICPAK membership, and 15 years of relevant experience with 3 years at Assistant Manager level. Strong knowledge of IFRS and insurance sector experience is an advantage.
SectorFinance
GradeKRC Grade 4C
Deadline2026-06-10
Posts1
About
Kenya Reinsurance Corporation Limited (Kenya Re) is a government-owned reinsurance company. The Chief Accountant provides strategic leadership in financial management, accounting, treasury operations, budgeting, financial reporting (including IFRS 17), and ESG/sustainability disclosures.
Key Responsibilities
•Lead the development, coordination, and implementation of the Corporation's annual budget and long-term financial projections
•Coordinate the preparation, review, and monitoring of performance contracts
•Oversee treasury operations, including cash flow forecasting, liquidity management, and banking relationships
•Oversee preparation of accurate monthly, quarterly, and annual financial statements and consolidated group accounts in compliance with IFRS 17
•Lead the preparation, integration, and disclosure of sustainability-related financial information in line with IFRS S1 and IFRS S2
•Ensure full compliance with the Public Finance Management Act 2012, IFRS 17, tax laws, and all other statutory requirements
•Develop, implement, and continuously strengthen internal financial controls and accounting systems
•Supervise, mentor, appraise, and develop staff in the accounting function
Requirements
✓Bachelor's Degree in any of the following disciplines: Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance or Accounting Option), Strategic Management, Finance, Accounting, or an equivalent qualification from a recognized and accredited institution
✓Master's Degree in any of the following disciplines: Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance or Accounting Option), Strategic Management, Finance, Accounting, or an equivalent qualification from a recognized and accredited institution
✓Certified Public Accountant of Kenya (CPA-K) qualification from KASNEB or an equivalent qualification from a recognized and accredited institution
✓Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) and in good standing
✓A Management Course lasting not less than four (4) weeks from a recognized and accredited institution
✓Proficiency in computer applications
✓Fulfilled the requirements of Chapter Six of the Constitution of Kenya
✓At least fifteen (15) years' relevant work experience in accounting, financial reporting, or auditing, three (3) of which must have been served at the level of Assistant Manager or in a comparable senior position in a reputable organization, preferably in the insurance or reinsurance sector
✓Demonstrated knowledge and practical application of International Financial Reporting Standards (IFRS) in the preparation and presentation of financial statements
CHAPTER SIX
This role requires Chapter Six compliance — proof is only needed once you're offered the job, not at application time.
How to Apply
Submit CV, credentials, and cover letter (as attachments) by post or email, quoting the position applied for and outlining how you meet the requirements, to: The Human Resource Manager, Kenya Reinsurance Corporation Limited, P.O Box 30271, 00100 GPO, Nairobi. Email: recruitmentkrc@kenyare.co.ke. Closing Date: 10th June 2026.