Job Title: Senior Accountant
Hiring Organization: Madison
Insurance Kenya Ltd
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 03/28/2024
Key Responsibilities and Duties
- Ensure
timely reconciliation, payments and sign off of healthcare service
provider accounts.
- Maintaining
strong working relationships with service providers, Clients, all
departments and all business stakeholders.
- Ensure
prompt Authorization and processing of all healthcare payments up to the
approved limits.
- Ensure
accuracy of General Ledger balances through reconciliations.
- Complying
with statutory, regulatory and internal control processes including
internal & external audits recommendations.
- Entrenching
performance-based appraisal of departmental staff in line with their set
KPI’s and departmental targets.
- Monitor,
prevent and control fraud by carrying out regular audits on the internal
and external systems and processes.
- Supervise,
train and mentor reconciliation and payments staff to achieve a high level
of motivation and productivity.
- Ensure
self-funded schemes are sufficiently funded and accounted for and
generation of utilization reports.
- Management
of cashflows to ensure timely payment of all suppliers; and timely
investment of surpluses.
- Prepare
regular reports to management and providers and advice the business on
relevant controls required.
- Foster
good relationship with service providers and agree on credit terms.
- Respond
to customer queries both internal and external to meet the objectives of
the customer charter.
- Perform
any other duties assigned from time to time.
Skills
and Competencies Required
- Strong
leadership and management skills.
- Ability
to work independently and build effective interpersonal relations.
- Bias
towards innovation and development of new ideas in problem solving.
- Professionalism
in dealing with both internal and external stakeholders.
- Excellent
communication and negotiation skills.
- Extensive
networking with service providers and other medical insurers.
- Excellent
analytical and monitoring skills.
- Ability
to evaluate decisions made in benefit utilization management.
- Integrity
and honesty.
Knowledge
& Experience
- At
least 4 years relevant work experience.
- Technical
accounting knowledge.
- Understanding
of insurance accounting and management.
- Knowledge
regulatory framework and requirements.
- Good
communication and reporting skills.
- Good
negotiation and interpersonal relationship skills.
- Academic
and Professional Qualifications required
- Graduate
degree in business administration or related field.
- CPA(K)
How To
Apply
Applications
should be addressed to the Group Human Resources Manager, Madison Group
Limited, Email: hr_recruitment@madison.co.ke
so as to be received by Tuesday 9th April, 2024.