Our Client an International Insurance
company is seeking to recruit an accountant and credit controller for their
Nairobi Office.
Position Title: Credit Controller
Position Title: Credit Controller
Department: Finance
Reports To: GM
Finance
Supervises: Accounts
Assistants
Position Summary & Primary
Objective: Reporting to the GM Finance, the successful job
candidate will be responsible for designing, implementation and monitoring of
controls on permissible credit levels, criteria for advancing credit
facilities, profiling probable clients in terms of financial risks; develop a
strong debt collection plan.
Qualifications / Experience / Knowledge
Qualifications / Experience / Knowledge
Knowledge & Experience Required
Essential
- Bachelor’s Degree in Commerce (Accounting or
Finance option)
- CPA (K) or ACCA qualification
- At least 5 years hands-on experience in credit
control in the insurance industry
- Familiarity of RBA, Insurance Act, AKI, IRA,
KRA and other regulatory guidelines
- Good understanding of the insurance industry
- Understanding of credit/ risk management and
debt collection
- MS office Suite skills
Roles and Responsibilities
- Custodian of the credit control policy for the
organization
- Send out accurate monthly accounts statements
- Analyse debtor’s information and data with the
aim of enhancing credit control measures
- Provide premium status to underwriting and
claims department
- Provide account analysis for debtor’s accounts
- Review documents for account opening and
ensure that trading is done with licensed Review the company credit
control procedure and develop and implement enhancements where required
- Collect debt from clients
- Meet with customers to resolve outstanding
issues and provide feedback thereof
- Ensure that credit extended is authorized
appropriately and follow up to ensure the timely collection of the same
- Confirm credit notes computations
- Arrange for premium finance for clients and
the company Intermediaries as per IRA requirements
- Negotiate repayment plans and establish strong
relationships with clients to ensure a quick recovery of the outstanding
amount due
- Resolve clients debits/receipts issues
- Compile the monthly collectables report and
give periodic reports to the management on how all the debtors accounts
are progressing
- Contact customers before the balances become
overdue to confirm payments
Core Competencies
The following Core competencies are
the skills, knowledge and behaviors expected of an employee. Limited.
These competencies may need to be
adjusted depending on the company’s overall mission and values.
- Communication Skills - Communicates clearly
and professionally in written and oral forms to both internal and external
clients.
- Initiative and Confidence - Generates and acts
on new ideas that add value to the
- Business - Looks at different ways to solve
problems and address difficulties.
- Achievement Drive - Sets goals and strives to
achieve them with enthusiasm and determination.
- Business Acumen - Has a good understanding of
the business environment and the impact their behavior has on the
reputation of the company.
- Respect - Treats colleagues and customers in a
manner which demonstrates integrity, honesty and fairness.
If you believe your career objectives
match this exciting positions, please forward your application and detailed C.V
stating your current position, remuneration, contact details to
Sheer Logic Management Consultants
E- Mail: info@sheerlogic.co.ke
Only shortlisted candidates will be contacted
East African National are also eligible to apply.
NB: Please clearly indicate in the subject line as “Credit Controller”
