Simplifying insurance access and distribution for insurance agencies.

We are seeking an organized and detail-oriented Accounts Assistant to join our team. The ideal candidate will have a strong understanding of accounting principles, excellent numerical skills, and the ability to maintain accurate financial records. As an Accounts Assistant, you will be responsible for assisting with both payables and receivables, ensuring timely processing and reconciliation of financial transactions.

What you will do:

Accounts Payable:

• Accurately record and categorize expenses in the accounting software according to company policies and accounting standards.
• Calculate withholding tax amounts for professional fees based on applicable tax rates and regulations.
• Communicate with vendors and service providers to obtain necessary documentation for tax compliance.

Accounts Receivable:

• Prepare weekly analysis reports for canceled premium payments by agents.
• Maintain a report for delayed commission payments from underwriters and conduct follow-up activities.

General Accounting:

• Assist with month-end and year-end close processes.
• Prepare journal entries as necessary and maintain general ledger accuracy.
• Assist in the preparation of financial statements and reports.
• Support internal and external audits by providing necessary documentation and explanations.
• Maintain orderly accounting filing systems.

Administrative Support:

• Provide administrative support to the finance department as needed.
• Assist with ad-hoc financial projects and tasks as assigned.
• Collaborate with other departments to ensure smooth financial operations.

Requirements for the role:

• Bachelor’s degree in Accounting, Finance, or related field.
• Proven experience working in an accounting role, preferably within the insurance industry.
• Proficiency in accounting software and MS Office suite, particularly Excel.
• Strong understanding of accounting principles and practices.
• Excellent numerical accuracy and attention to detail.
• Ability to prioritize tasks and manage time effectively.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Knowledge of Kenyan accounting regulations and tax laws is a plus