Credit Admin Officer
Accountant
The Credit Admin Officer’s overall purpose is to take primary
responsibility of the growth and the quality of the loan book by ensuring that
proper framework exist to support quality lending and loan repayment.
The jobholder will take responsibility of the loan book right
from approval to follow up on repayment and ensuring that all arrears are
addressed accordingly while mitigating against any form of credit risk to the
organization.
Responsibilities
·
Loan processing and approvals
·
Ensuring quality of the loan book
through aggressive follow up on instalment payment.
·
Ensure effective loan collection and
default management.
·
Timely suspension of overdue accounts.
·
Liaising with the insurer on account
termination for non-performing accounts.
·
Timely lifting of accounts made good.
·
Maintaining records of terminated
accounts with correct balances.
·
Follow up of prorate refunds from the
insurer for cancelled policies.
·
Maintaining an up to date records of
the loan book.
·
Enhance the client experience through
accurate and timely resolution of client issues.
·
Develop and update lending manuals
and ensure staffs are trained on the same.
·
Ensure compliance with the lending policies
and guidelines across the credit team.
·
Ensure frequent and timely periodic
formal and informal reporting
·
Custodianship of the loan processing
documents.
Qualifications
Essential
·
Bachelor’s degree in finance,
banking, economics, statistics or related field.
·
Credit certification will be an added
advantage
·
At least 3 years’ credit experience
in a financial institution
·
Candidates with experience in the
microfinance sector will have an added advantage.
Desired Skills and Qualities
·
Excellent skills with Microsoft
office.
·
Keen and attentive to finer details
·
Good time management skills
·
Ability to work responsibly with or
without direct supervision.
·
Strong written and oral communication
skills
Accountant
The Account’s overall purpose is to consolidate the account
operations to ensure efficiency and timeliness in the accounting duties with
the objective of impacting the bottom-line positively.
The jobholder is expected to monitor the bank and Mpesa
statements on a daily basis, flag out all bounced cheques and advise on account
suspension while equally advising on lifting of accounts made good. Bank
reconciliation will be done on a monthly basis as well as handling the monthly
payables and receivables in addition to the budgets and management accounts.
Responsibilities
·
Preparation of monthly management
accounts.
·
Timely and up to date bank
reconciliations.
·
Preparation of audit schedules both
for internal and external audit.
·
Processing the monthly payments and
maintaining an up to date and accurate payables accounts.
·
Maintaining the receivables accounts
and ensuring prompt receipt of all receivables.
·
Daily monitoring of the bank and
Mpesa statements and maintaining an up to date and accurate schedules of the
debits and credits.
·
Generating a daily list of the clients
whose instalments have not been honored.
·
Confirming payment for suspended
accounts and advising credit on suspension lifting.
·
Ensuring that the necessary charges
have been levied and paid before account lifting.
·
Regular remittance of cash to the
Insurance companies for the premium financed.
·
Maintaining optimal cash balances in
the account and avoiding idle cash.
·
Ensuring that all the tax obligations
are complied with fully.
·
Ensuring all premium underpayments
are fully recovered on a monthly basis.
·
Discount approvals
Qualifications
Essential
·
Bachelor’s degree in finance,
banking, economics, statistics or related field.
·
At least CPA section IV.
·
2-3 years accounting experience
involving budgeting, bank reconciliation and preparation of financial
statements.
·
Candidates with experience in the
banking or insurance sector will have an added advantage.
Desired Skills and Qualities
·
Excellent skills with Microsoft
office.
·
Keen and attentive to finer details.
·
Good time management skills.
·
Ability to work responsibly with or
without direct supervision.
·
Strong written and oral communication
skills.
How To Apply
If you believe you are a team player and would be a valuable
resource to this ever growing brand, kindly visit our careers page on www.resolution.co.ke by Close of Business on Friday, 20th September 2019.
Applications should be made strictly through the careers portal.
Only shortlisted candidates will be contacted.