Job Ref. No: JLIL 343
Role Purpose
The role
holder will support the Finance Department in ensuring accurate financial
recording, reconciliations, and reporting. The role involves assisting in
credit control, premium reconciliation, asset management, and preparation of
financial analyses to support effective decision-making. The role holder will
ensure compliance with internal control policies, support financial integrity,
and contribute to maintaining strong working relationships with internal and
external stakeholders.
Main Responsibilities
Operational
- Perform regular reconciliations of bank accounts
and ledger control accounts.
- Record and reconcile daily cash transactions,
including receipts, disbursements, and bank transfers.
- Prepare and circulate daily cash flow cash flow
forecasts to assist in managing the company’s liquidity needs.
- Prepare regular credit control reports,
delinquency reports, and key performance indicators (KPIs) for management
review.
- Identify and address delinquent accounts through
proactive communication, follow-ups, and resolution of payment issues.
- Communicate with policyholders and
intermediaries to resolve payment-related queries and concerns.
- Maintain positive relationships while ensuring
adherence to credit control policies
- Monitor and manage outstanding premiums and
premium reconciliation activities.
- Ensure timely collection of premiums from
policyholders and intermediaries.
- Fully reconcile all reinsurance related ledgers
and ensure proper balances are reported
- Fully reconcile all commission related ledgers
and ensure they are fully supported
- Timely update and maintenance of the fixed asset
register, ensuring proper monitoring of the acquisitions, tagging,
depreciation and disposal.
- Reconciliation and update of policy loan
accounts, statements and analyses of policy loan data.
- Detailed analysis of receivables and payables
accounts within the general ledger
- Detailed analysis of commission ledgers and
proper posting of all recoveries into Agents accounts.
Corporate
Governance
- Uphold the highest ethical standards and
confidentiality in all financial dealings.
- Ensure compliance with International Financial
Reporting Standards (IFRS), Insurance Regulatory Authority (IRA)
requirements, and company financial policies.
- Maintain transparency and accountability in
financial reporting.
- Support implementation of audit recommendations
and continuous improvement of internal control systems.
- Participate in risk assessment initiatives,
ensuring financial risks are identified, monitored, and mitigated.
People
& Culture
- Cross-Functional Collaboration. Actively
participate in cross-functional project teams to drive collaboration,
innovation, and accountability across departments and the Group.
- Employee Collaboration Index. Participate in a
minimum of 2 company projects per year with an 80% success rate and engage
in at least 1 Group-wide project per year.
- Skills and Competency Development Index. 100%
compliance with your training plan annually to support personal and
professional growth, ensuring alignment with career paths and future
challenges.
- Cultural Alignment Index (CAI). Attain the
Company’s CAI target score by embedding Jubilee’s values (e.g.,
innovation, teamwork, excellence) into project execution and team
dynamics.
- Conflict Resolution. Address interpersonal or
project-related conflicts constructively, maintaining team morale and
focus on shared goals.
- Resource Advocacy. Communicate needs (e.g.,
tools, training, support) to supervisors to ensure personal and
teamsuccess
Key
Competencies
- Analytical Thinking: Ability to interpret
financial data and provide actionable insights.
- Integrity: Demonstrates honesty, transparency,
and adherence to ethical standards.
- Communication: Clear and professional in both
written and verbal communication.
- Teamwork: Collaborates effectively with
colleagues and supports shared goals.
- Problem Solving: Approaches challenges with a
logical, solution-oriented mindset.
- Accountability: Takes ownership of work and
delivers results with minimal supervision.
- Adaptability: Demonstrates flexibility and
resilience in dynamic business environments.
Academic Background & Relevant
Qualifications
- Bachelor’s degree in Finance, Accounting,
Business, or a related field.
- Professional accounting qualification (e.g.,
CPA, ACCA).
- Additional certification or coursework in Data
Analytics or Financial Modelling will be an added advantage.
- Minimum of 1–2 years of relevant experience in
finance and accounting roles.
- Experience in the insurance, financial services,
or audit industry preferred.
- Hands-on experience in reconciliations,
reporting, and credit control operations.
- Proven experience in working with
cross-functional teams in a fast-paced environment.
How to Apply
If you
are qualified and seeking an exciting new challenge, please apply via recruitment@jubileekenya.com quoting
the Job Reference Number and Position by 17th October 2025. Only shortlisted
candidates will be contacted.
