Background
On East Africa Reinsurance: East
Africa Reinsurance Company is a leading reinsurance company based in Nairobi,
Kenya.
The
company was the first privately owned reinsurer to be established in Kenya and
commenced operations on 1st January 1995.
East Africa Re (EARe) is a company that understands the local business and at the same time is international in character with strong rating from Global Credit Rating (GCR) and AM Best.
The
company’s Vision is ‘To be the risk partner of choice’ in the markets in which
it transacts, and its mission is ‘To provide quality risk solutions, excellent
service and enhanced value to all the stakeholders’.
Position
Title: Assistant
Accountant
Department: Finance
Reporting
To: Chief
Accountant
Resource
Persons: Chief
/ Accountant, Credit / Assistant Controller, Underwriters, Administration
Department, IT Department
Duty
Station: Nairobi
Term: Permanent
Position
Purpose: The
role holder will be responsible for implementing cash flow management,
investment and credit control policies through various roles as highlighted
below under the supervision of the Accountant and Credit Controller.
Duties
and Responsibilities
Financial
Role
- Timely
preparation of vouchers, letters and cheques relating to investments to
maximize investment returns.
- Aggressively
following up on debtors assigned to maintain the credit period allowed by
the company.
- Accurate
and timely posting of payments to facilitate preparation and dissemination
of financial information.
- Doing
bank reconciliations on time.
- Accurate
and timely allocation of non-trade receipts to Navision system.
- Aggressively
negotiating for high call rates to ensure we secure our target rate of
return.
- Timely
preparation of statutory payments such as PAYE, corporation tax,
withholding tax etc to save the company any penalties.
Customer relations role
- Prompt
response to cedants/brokers queries on the debt issues assigned.
- Timely
settlement of supplier dues to maintain good relations.
Internal Processes
- Timely
submission of financial records/schedules during audits.
- Prompt
preparation of IRA monthly investment returns to ensure compliance.
- Preparing
investment placement letters.
- Petty
cash management-keeping cash, update records, raising petty cash voucher,
posting and filing them.
- Proper
maintenance of financial records for ease of retrieval during audits,
financial analysis and preparation of reports.
- Reconciliation
of management expenses, sundry creditors and debtors accounts.
- Updating
exchange rates on Navision during month end.
- Updating
daily cash tracking.
- Carry
out monthly integration between the production system (Reinsurance
Management System and Navision System of banking, receivables and
payables.
- Running
monthly depreciation and posting recurring expenditure journals for
prepayments.
- Filing
of VAT, Withholding Tax and Excise duty on ITAX.
Organization Learning
- Attend
training/workshops that will add knowledge and skills on debt collection
and investments.
Profile
Experience
- At
least two years’ experience preferably in the insurance industry.
Education
- Degree
in Accounting or Finance related field.
- Professional
qualifications (CPA, ACCA or equivalent).
Skills
- Proficiency
in analyzing financial data
- Good
negotiation skills
- Speed
with accuracy
What are you?
- A
well-organized and self-driven person
- Collaborative
approach with good interpersonal skills to work in a team and alone as
required
- Self-starter
and ability to work under minimal supervision
- Open
to learning new ways of doing things
- Comfortable
working with people of all levels.
- Ability
to quickly understand the mission, vision and values of an organization
- Ethical
behavior, honest and transparent
What do we offer you?
When
working at EARe, you can expect to work with inspiring and creative
colleagues.
You
will have ample opportunities for growth and career development as we value
continuous learning.
We
offer you a challenging position in which you will be rewarded for excellent
performance.
Apply now!
Are
you interested in this position and do you meet the minimum requirements?
Apply
by sending an e-mail with your CV and a convincing cover letter to
careers@eastafricare.com.
The
application deadline is April 15, 2016.
Due to
the urgency in filing this role and high volume of applications received only
shortlisted candidates on a first come first serve basis will be contacted.
Do you have questions about this vacancy?
Visit
our website at www.eastafricare.com
Please
do not hesitate to contact us by e-mail or telephone: careers@eastafricare.com
or 020 4443588 / 0733 623737 / 0728 111041.
