Finance Assistant Job in Kenya - CIC Insurance

About the Role

Reporting to the Branch Manager the role holder with be responsible for Branch credit reports, debtor’s reconciliation, receipting, banking, and petty cash management.

Key Responsibilities

  • Participate in implementation of the company’s credit control policy;
  • Sending monthly commission and debtor’s statements and resolve incoming queries on outstanding accounts from intermediaries;
  • Apply reminders on account to ensure debts are paid in a timely manner and full follow through by relevant intermediaries;
  • Referring of uncollected debts to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB);
  • Drive collection of premium debited on a monthly basis;

  • Tracing and pursuing long outstanding debtors and where possible, assess capacity to settle debts;
  • Follow up bounced cheques and contacts the clients for replacements as and when it arises and provides a monthly report;
  • Check remittances (RTGS, EFT, IPFs) and facilitate receipting within 24 hours and monitor daily receipting and banking of all premiums received;
  • Visit and call intermediaries for follow up on collections and reconciliations to provide a weekly report.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Progress in CPA, ACCA, or equivalent certification required.
  • 1-2 years of experience in accounting.

How to Apply

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