Credit Control Assistant at Britam

Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Ban...

 

Credit Control Assistant

  • Job TypeContract
  • QualificationBA/BSc/HND
  • Experience2 - 3 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

Job Purpose:

The role holder will be responsible for Accounts payable, Receipting, Reinsurance, Fixed assets, Taxation, Intercompany, bank and general ledger reconciliations. 

Key responsibilities:

  • Perform monthly reconciliation for all debtor balances between the Line of Business system & ERP.
  • Prepare monthly debtors report & ensure the debt is aged accordingly.
  • Share uncollectable debt with the appointed debt collector. 
  • Circulate debtor statements to intermediaries, sales & underwriting teams & resolve any matters that arise.
  • Prepare demand letters for issuance to intermediaries & follow up on suspension & cancellation. 
  • Perform regular account reconciliation with the relevant teams & ensure sign offs are done.
  • Ensure all premiums received are receipted promptly.
  • Ensure prompt and accurate payment of monthly & weekly commissions to intermediaries.
  • Prepare regional, branch & unit managers override payment file every month.
  • Prepare IFRS 17 debtor movement report quarterly.
  • Review & ensure medical accruals are up to date.
  • Ensure timely resolution of all intermediary queries.
  • Timely & accurate processing and payment of premium refunds.
  • Review & process incentives & admin fees payments.
  • Prepare accurate weekly & monthly receipts reports.
  • Respond to all auditor requests promptly.
  • Attend the weekly credit control meetings & offer full support towards debt collection.
  • Offer full support to the IT team on system enhancements & automation.

Key Performance Measures:

  • As described in your Personal scorecard.

Knowledge, experience and qualifications required

  • Bachelor's degree in a business related field.
  • CPA(K) or other similarly recognized accounting profession qualification.
  • 2-3 years of accounting experience in a similar role.
  • Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.
  • Strong  computer and business solutions software skills.
  • Strong analytical and problem solving skills.
  • Analytical skills.

Technical/ Functional competencies:

  • Knowledge of insurance regulatory requirements.
  • Knowledge of insurance products.
  • Sales and marketing management skills.

Method of Application

Interested and qualified? Go to Britam on britam.taleo.net to apply

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