Vacant Positions in Insurance Company
The Company: We are a pioneering dynamic Insurance Company introducing a new and exciting ethical perspective to the Insurance market in Kenya and the region.
The Company: We are a pioneering dynamic Insurance Company introducing a new and exciting ethical perspective to the Insurance market in Kenya and the region.
In view of our rapid expansion, we
are in the process of strengthening our finance function by recruiting,
qualified experienced, competent and highly motivated individuals to fill the
positions of Senior Accountant and Accountant.
Position: Senior Accountant
Responsible to: Chief Accountant
Department: Finance
Responsible to: Chief Accountant
Department: Finance
Overall Responsibility: Assisting the Chief Accountant to manage, administer and coordinate activities in the accounting functions of the Finance Department.
Ensuring smooth/prompt processing of
work, maintaining acceptable levels of discipline, job performance and
productivity.
Key Tasks, Duties and Responsibilities
Key Tasks, Duties and Responsibilities
Financial Budget: Providing data required for budgetary planning,
assisting senior management in the preparation of the budget and budget
management. Automate the budgetary preparation process.
Financial Transactions: Coordinating and controlling all accounting
functions, ensuring all expenses are fully and properly accounted for, in
accordance with company procedures /guidelines ,safekeeping of cheque books and
ensuring established signing authorities are complied with, ensuring
confidentiality in all financial transactions.
Accounting aspects of insurance
transactions: Providing operating divisions with suitable
guidelines on rising of accounting documents, facilitating expeditious payments
of insurance claims. Ensuring reinsurance premiums are properly calculated and
remitted, ensuring that all control accounts are reconciled on a monthly basis.
Audit Requirements: Ensuring
that the company books are ready for audit within the set deadlines. Providing
the necessary information for internal and external audits and conducting
financial investigations as necessary.
Financial reports and returns: Producing
monthly and quarterly revenue and other management accounts in accordance with
the calendar of events for the department.
Also ensuring that the subsidiary ledgers are reconciled to the general ledger on a monthly basis and that the Audit schedules are updated on a monthly basis; preparing statutory returns and ensuring they are filed on time.
Salaries and wages: Ensuring that records relating to staff
deductions are properly maintained and quarterly statements are maintained and
produced ensuring that statutory deductions are paid on due dates.
Accounting and Financial systems and
controls: On a regular basis reviewing both the computerized
and manual systems to ensure they are efficient, identifying areas that need to
be computerized or enhanced to improve overall efficiency and remove
duplication of roles and transactions.
Staff Duties:
- Study job description of each member of staff
in your section to ensure that their productivity is commensurate with
their position, propose enhancements to their jobs and ensure that each
one of them is properly utilized.
- Tax matters and other returns: Ensuring
accurate computation of the corporation tax and ensuring that the same is
paid and the necessary returns made as stipulated by law.
- Ensuring that all the returns made to the
Commissioner of insurance are made at the appropriate time.
- Accounting for Branches: Ensuring that all the
accounting transactions for the branches and subsidiaries are correctly
captured and maintained; providing separate monthly revenue accounts,
annual budgets and quarterly variance analysis.
- Accounting: Directly supervising the accounts
assistant to ensure that accounting transactions are collectively captured
and maintained, produce monthly quarter and annual accounts and variance analysis,
produce the annual accounts and variance analysis, and produce the annual
budgets and regularly advice management of any changes that may be
required on systems and procedures.
- Fixed assets register: Ensure that a fixed
assets register is maintained and that all assets are
- readily identifiable through a unique number
for each asset.
Job Specification
- Bachelor of Commerce degree (accounting)
Professional Qualifications
- CPA K
- Computer literacy
Experience: 5 years working experience in insurance
Job Title: Accountant (2 Positions)
Department: Finance
Reports to: Finance & Investment Manager
Overall Responsibility: Performing accounting duties in the general accounting section and assisting in preparation of management reports.
Key Tasks, Duties and Responsibilities
- Ensure that branches have sufficient petty
cash and that reimbursements are done for authentic expenses on a timely
basis.
- Communicate with branches on all issues
touching on finances and receipting.
- Reconciliation of general ledger accounts.
- Updating movement of fixed assets
- Staff loans reconciliation.
- Preparing sundry debtors and creditors.
- Reviewing all the bank reconciliations for the
company.
- Checking and ensuring all the journals have
been posted.
- Updating bank balances and transferring funds
from all the branches.
- Assisting the Finance Manager in producing
management reports.
- Assisting the Finance Manager and external
auditors in finalizing financial statements at the end of the year.
- Following up and updating movement of investments
of the Company.
- Checking and verification of all payments.
- Liaising and coordinating with banks on issues
such as opening bank accounts and introducing known agents among others.
Academic Qualifications
- Bachelor’s degree in Commerce, Business Administration
or equivalent
Professional Qualifications
- CPA K
- Computer literacy
Experience
- At least 3 years’ working experience in
a busy accounting environment
How to Apply
Application letters clearly marked
APPLICATION FOR SENIOR ACCOUNTANT” or ACCOUNTANT” along with updated CV in one
document with names and address of three referees should be sent by
email to hr@takafulafrica.com
so as to reach the HR&
Administration Manager on or before September 23, 2015 at 5pm.
