Team Leader – Credit Control at NCBA Group

The new NCBA has harnessed the power of both NIC and CBA to create a bank that brings together the best of both worlds from cutting edge mobile banking to good old-fashioned relationship management; from scalable business banking to financial services that grow as your business does; from best-in-class choice of products to investment solutions tailored to your specific needs.

 

Team Leader – Credit Control

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience5 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

PURPOSE OF THE ROLE

Responsible for the day-to-day management of the Credit Control Team and to mentor/assist the Team to reduce aged debt, escalated issues, build strong relationships with back-office processing functions including but not limited to Insurance brokers, Direct Clients, Insurance Agents, and Banks.

SCOPE & DIMENTIONS

  • Monthly Receivables Avg. at least 95% of Below 90 days items.
  • Item count: Maintain acceptable levels of Overdue cases, Demonstrate Dunning process.
  • Monthly Collection Target: Meet over 80% of monthly collection targets.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

Accounts Receivables Management

  • Responsible for the day-to-day oversight and workflow management of a team ensuring productivity, targets and objectives met.
  • Working with the Credit Control Manager review, manage and monitor objectives at a Team level.
  • Ensure that all processes and procedures are version control documented, reviewed regularly and consistently adhered to.
  • Monitor and review all premium and unallocated cash postings for accuracy and reporting.
  • Provide daily, weekly, and monthly reporting for all required team metrics, as and when required.
  • Establish professional working relationships and collaboration with internal business partners of process.
  • Present key data/reports to assist the Head of Credit Control at Management Meetings
  • Work with the Head of Credit Control to find solutions to problems arising out of credit control
  • To provide cover for the Head of Credit Control when required

Audit and Compliance

  • Ensure adherence to Credit Control Policy and procedures.
  • Ensure adherence to Cancellation/Dunning procedures.
  • Ensure adherence to audit requirements.
  • Ensure adherence to regulatory and compliance requirements.

QUALIFICATIONS:

  • B Comm with Finance specialty
  • Accounting qualification preferred – CPA(K) or ACCA

EXPERIENCE:

  • Minimum 5 years credit control management experience, preferably in an insurance environment
  • Experience in Finance, including reconciliations.
  • Good understanding of underwriting and underwriting operations
  • Experience in all matters relating to underwriting in terms of process, procedure and compliance would be an advantage
  • An understanding of the distribution chains through which premium is processed

SKILLS AND COMPETENCIES / LEVELS

  • Financial and Strategic Acumen: Accomplished finance individual with strong knowledge of the Insurance Industry, local regulatory and tax environment. Able to collaborate across functions and can communicate well with others.
  • Managerial Leadership: Able to work cohesively in a matrix structure. Able to manage and work with local regulatory authorities.
  • Technical Skills: Good understanding of the local accounting standards and regulatory requirements.
  • Excellent Communication & interpersonal skills to be able to deal with the various intermediaries.
  • Analytical and problem-solving skills and detail oriented

Method of Application

Interested and qualified? Go to NCBA Group on career5.successfactors.eu to apply

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