Assistant Accountant
Key responsibilities:
- Verifying and loading payment
files received from various departments, advising for payment.
- Processing payments.
- Capturing manual invoices
requested for payment by the operations team.
- Running, verifying and validating
reimbursements reports to facilitate payment.
- Ensuring timely processing and
approval of payments.
- Updating and circulating various
payment reports to stakeholders.
- Updating bank statement in the
shared folders.
- Perform manual and automated bank
reconciliations.
- Review online bank statements and
perform daily auto reconciliation for the payments accounts.
- Perform inter-company
reconciliations with other business unit on timely basis to facilitate
closure of the ledger within the stipulated timelines and follow up for
payments.
- Posting of adjustment journals.
- Posting of premiums and other end
month journals.
- Capturing and reconciliation of
monthly debits and credit notes and related transactions.
- Reconciliation of balance sheet,
profit and loss ledger accounts.
- Posting adjustments identified
during the reconciliation process.
- Sharing reconciliations with the
various stakeholders within the company for further action and/or decision
making.
- Responding and resolving queries
from both external and internal customers on a timely basis.
- Ensure the company complies with
its regulatory requirements (including IRA, UFAA, KRA and any other
regulators).
- Receipting and reconciling
receipted funds to the customers’ policies.
- Daily banking of receipted
cheques.
- Circulation of regular receipting
and exception reports.
- Assist in preparation of required
schedules and information for internal and external audits.
- Preparation of daily, monthly,
annual and other adhoc reports as required.
- Support the assigned operations
team in compliance with the reconciliation policy.
- Review of bank and ledger
reconciliations for the operations team.
- Reconciliation of Fixed Assets in
liaison with Fixed Assets Associate.
- Delegated Authority: As per
the approved Delegated Authority Matrix.
Key Performance Measures:
As described in your Personal Score Card
Knowledge, experience
and qualifications required:
- Bachelor of Commerce (Accounting)
or its equivalent.
- At least one year’s experience in
a similar position.
- CPA Part 1 and continuing. Fully
qualified CPA (K) or ACCA is an added advantage.
Technical/ Functional
competencies:
- International Financial Reporting
Standards (IFRS).
- Financial Accounting.
- Accounts Analysis and
reconciliation.
- Analytical – highly analytical
and ability to challenge status quo based on quantitative facts and
impacts.
- Report writing – ability to
develop quality and comprehensive reports.
- Knowledge of insurance company
regulatory requirements.
Leadership category
responsibility framework (Core Competencies):
Emerging Leaders in Britam need to:
- Plan, direct and apply
efficiencies and resources in order to optimize output and profitability
against time, cost and team targets.
- Effectively communicate strategic
and operational departmental goals and objectives to peers and others in
order to ensure proper implementation.
- Ensure that department priorities
are adhered to and effectively communicated.
- Ensure competent and effective
people resources through appropriate coaching, development and people
supervision as appropriate.
- Embody a high performance,
proactive culture.
- Effectively ensure the adherence
to key performance areas, deadlines and goals in order to optimize
operational effectiveness.
- Effectively communicate resource
needs, possible opportunities and achievements to management in order to
aid them in their decision-making.
- Effectively set and monitor
priorities and objectives for more junior staff.
- Understand and communicate
objectives in relation to the larger organizational impact.
- Effectively disseminate knowledge
within the correct context, towards subordinates as well as management.
- Appropriately model the company
values while setting the pace and energy for delivering.
- Effectively manage and
communicate change within the department in order to increase staff and
process effectiveness.
- Provide access to accurate and
consistent information and services across all channels.
- Ensure a seamless experience for
clients.
- Improve service delivery for
clients.
- Engage in continuous brand
building to become the trusted partners to clients.
How to Apply