Accountant, Credit Control, Job in Kenya

Accountant, Credit Control

About the job

The Zamara Group is a diversified financial services business specialising in pensions, medical services, insurance and actuarial solutions. Headquartered in Nairobi, Kenya, the Group has a presence in six countries and a Pan-African ambition. Zamara has a rich heritage in Kenya spanning over 27 years.

Since its inception, the firm has significantly grown in terms of size, client base and range of services. The Group has been at the forefront of industry, influencing the way it works and at the cutting edge of innovation.

Zamara’s higher purpose is to create a financially secure and prosperous society. The Zamara culture is based on the values of Simplicity, Empathy and Trust.

Roles and responsibilities

Achieving Zamara’s ambitious strategic priorities will be complex and challenging. Its continued success will be dependent on building and retaining a world-class team. The Accountant will provide support to the Finance team in Credit Control.

The role will report to the Finance Manager.


The Budget for the role is Kshs. 70,000 – Kshs. 90,000.

In more detail, the areas of responsibility include:

Accounting

  • Follow up on outstanding premiums through but not limited to sending emails, phone calls and visits to clients ‘
  • Ensure the debtors’ aging analysis is accurately prepared and circulated to the divisions on weekly basis
  • Chair weekly debtors’ meetings with Operations and Client relations teams.
  • Arrange for monthly meetings with management to discuss problematic debt
  • Co-ordinate and track progress of debt collectors
  • Prepare Debtors circularization letters for audit purposes
  • Ensuring that all premiums received are receipted and properly allocated to client accounts in the system.
  • Ensure monthly postings of premium payable, premium receivable, and commission receivable in the accounting system.
  • Ensure that the unallocated cash report is accurate and promptly circulated to divisions for scrutiny and subsequent allocations.
  • Client account reconciliations with the respective account handlers/clients where need be
  • Ensure that premium payments to Underwriters are done monthly, remittance schedules shared and follow up on allocations by the Underwriter
  • Ensure all the relevant taxes on commission and administration fees are filed by both the company and the various Underwriters.
  • Maintain effective working capital and optimal interest income levels
  • Assist in preparation of relevant documents for IRA licensing.

Client Relations

  • Resolve basic client queries and reconciliation issues in a timely manner.
  • Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.
  • Promote beneficial relationships between the company and the Underwriter to aid in claim settlements, especially when premiums are yet to be remitted to the Underwriter.

Professional Development

  • People skills
  • Develop technical knowledge through formal on the job training
  • Identify potential process improvements and other inefficiencies and escalate to senior resources

Experience and personal qualities

  • Bachelor of Commerce Finance/ Accounting or equivalent
  • CPA-K/ ACCA Final
  • Minimum 3 years’ experience
  • MS Office with focus on Excel Skills
  • System proficiency
  • Integrity
  • Analytical Skills
  • Results orientated
  • Excellent oral & written communication skills
  • Responsible & accountable
  • Time management
  • Accuracy and attention to detail
  • Persuasive

How to Apply

To apply job click here.