Payables & Tax Accountant
Madison General Insurance
Kenya Limited is a subsidiary of Madison Group Limited and is a well-known
provider of general and health insurance in Kenya. The Group also provides
through two other subsidiaries, life Assurance underwriting as well as fund
management services. The Company is recruiting for the position of Payables
& Tax Accountant who will be based at its Head Office in Madison House,
Nairobi.
The Role
The Payables & Tax
Accountant will supervise the payables section and to ensure analysis of
Management Expenses are done timely and accurately.
Key Responsibilities
- Supervise payables section staff and oversee smooth
operations of the accounts payables section
- Monthly expenses reconciliation, analysis and
reporting before 9th of every month
- Maintain accurate accruals and prepayment schedules
- Ensure payments are done within the agreed turnaround
times
- Verification and checking of expenses and branch
petty cash reimbursements before payment.
- Analyzing and reconciliation of allocated ledger
accounts
- Support month end as well year end closures.
Ensuring correct accounting entries and proposing appropriate journals to
correct any mis-postings
- Ensure timely payment and filling of accurate
statutory returns, taxes and levies as per the compliance checklist.
- Provide accurate reports, including daily cash
position and weekly cashflow projections.
- Fixed asset register management
- Management of petty cash and imprest accounting.
- Assist in vendor reconciliation and responding to
vendor queries raised
- Responding to audit queries by providing accurate
audit schedules of allocated ledgers
Minimum Requirements
Qualifications, Experience and Personal Attributes
- A Bachelor’s Degree (Business Administration
/Actuarial Science or related)
- Fully qualified CPA (K), ACCA or CIMA
- 6-8 years’ experience as an accountant in a busy
finance environment within
the insurance industry. - Experience in handling tax matters.
How to Apply
Qualified candidates are
requested to forward their applications together with their CVs and copies of
documents to the Group HR Manager on hr_recruitment@madison.co.ke not later than 9th
November, 2022.
