Finance Assistant Job in Kenya

Job Title: Finance Assistant

Hiring Organization: CIC Group
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full Time
Salary: KES Competitive
Date Posted: 03/27/2024

Purpose:

Responsible for Branch credit reports, debtors reconciliation, receipting, banking, and petty cash management

Primary Responsibilities:

Participate in implementation of the company’s credit control policy;
Sending monthly commission and debtors statements and resolve incoming queries on outstanding accounts from intermediaries;
Apply reminders on account to ensure debts are paid in a timely manner and full follow through by relevant intermediaries;
Referring of uncollected debts to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB);
Drive collection of premium debited on a monthly basis;
Tracing and pursuing long outstanding debtors and where possible, assess capacity to settle debts;
Follow up bounced cheques and contacts the clients for replacements as and when it arises and provides a monthly report;
Check remittances (RTGS, EFT, IPFs) and facilitate receipting within 24 hours and monitor daily receipting and banking of all premiums received;
Visit and call intermediaries for follow up on collections and reconciliations to provide a weekly report
Key Skills, Knowledge, Experience and Behavioural Competencies
Bachelor’s Degree in a relevant field
Computer literate in MS Office and other office applications E
CPA, ACCA or Certificate in credit control management