Credit Control Associate
Key
responsibilities:
- Perform
monthly reconciliations for all debtor balances between the Line of
Business systems and ERP.
- Prepare
an aging analysis as part of the credit control report to intermediaries.
- Collect
all outstanding debt from intermediaries and/or customers within the
credit control policy.
- Circulate
debtor statements to intermediaries and engage with the Sales team on
collection pipelines.
- Prepare
demand letters for issuance to intermediaries and/or clients.
- Perform
regular visits to intermediaries and clients for statement reconciliation
and collection of outstanding premiums.
- Allocate
all premiums received within 2 days from date of receipt.
- Advise
underwriters to debit or intermediaries to share allocation schedules and
engage with cashiers for prompt receipting.
- Generate
accurate intermediary statements. Analyze and reconcile all intermediary
statements and circulate on a monthly basis to all stakeholders to
facilitate collection.
- Create
and post commission payment vouchers in Line of Business systems and
allocate to the respective intermediary statements.
- Ensure
timely resolution of all intermediary queries. Manage an issues tracker,
updated daily with all issues raised.
- Timely
processing and payment of commissions, premium refunds, Risk management
fees, Loyalty and intermediaries’ incentives.
- Any
other duties that may be assigned by management.
Key Performance Measures:
As described in your Personal scorecard
Knowledge, experience
and qualifications required:
- Bachelor’s
degree in a business related field.
- CPA
part1 or other similarly recognized accounting profession qualification.
- 1
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.
How to Apply
