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Assistant Credit Controller Job in Nairobi Kenya

Position: Assistant Credit Controller - Finance Department

Job Ref:

We are one of the leading insurers in East Africa with over 450,000 clients and a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius. 

Being an ISO certified insurance group listed on the three East Africa stock exchanges – The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange and Uganda Securities Exchange; its regional offices are highly rated on leadership, quality and risk management and have been awarded an AA- in Kenya and Uganda, and an A+ in Tanzania.

We currently have an exciting career opportunity for Assistant Credit Controller. 

The post holders will report to the Senior Credit Controller in the Finance Section and will be based in Nairobi.

Role Purpose: Enforcing and implementing sound and efficient credit control policies while managing receivables and payables in line with agreed credit terms.

  • Reconciling debtors accounts and sorting of disputes and providing monthly reports for management decisions
  • Collecting, confirming with statements, recording and delivering underwriting debit/ credit notes for all IPS group of companies
  • Printing and dispatching premium debtors’ monthly statements
  • Passing of journal entries related to General business.
  • Processing of commission and other payments related to general business while managing receivable and payables line with agreed credit terms
  • Confirming premium payment position for all clients launching claims or with outstanding claims
  • Accounts opening for new clients
  • Processing of Certificates by Insurer for new and existing agents and Brokers.
  • Processing of Insurance Premium Financing applications.
  • Filling of commissioners returns.
  • Filling of Tax returns to Kenya Revenue Authority and processing of certificates.
  • Participation in monthly credit control meetings
  • Participation in monthly producer meetings, documenting issues raised and liaising with underwriting for immediate resolution of the same.
Qualification and Experience

Academic Qualifications
  • CPA (K) or equivalent
  • Degree in finance or accounting will be added advantage
Functional Skills
  • Accounting Operations
  • Credit control Management
  • Information management
Relevant Experience
  • At least 2 years of relevant experience

Interested and qualified candidates to send their applications accompanied by an up-to-date CV disclosing the current gross and expected salary to with email subject as Assistant Credit Controller – Job Ref. JIC238408

Please note that there are no fees charged for receiving or processing job applications.

Only shortlisted candidates will be contacted.

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