The role holder will be responsible for Accounts payable, Receipting, Reinsurance, Fixed assets, Taxation, Intercompany, bank and general ledger reconciliations.
Key responsibilities:

• Perform monthly reconciliation for all debtor balances between the Line of Business system & ERP.
• Prepare monthly debtors report & ensure the debt is aged accordingly.
• Share uncollectable debt with the appointed debt collector.
• Circulate debtor statements to intermediaries, sales & underwriting teams & resolve any matters that arise.
• Prepare demand letters for issuance to intermediaries & follow up on suspension & cancellation.
• Perform regular account reconciliation with the relevant teams & ensure sign offs are done.
• Ensure all premiums received are receipted promptly.
• Ensure prompt and accurate payment of monthly & weekly commissions to intermediaries.
• Prepare regional, branch & unit managers override payment file every month.
• Prepare IFRS 17 debtor movement report quarterly.
• Review & ensure medical accruals are up to date.
• Ensure timely resolution of all intermediary queries.
• Timely & accurate processing and payment of premium refunds.
• Review & process incentives & admin fees payments.
• Prepare accurate weekly & monthly receipts reports.
• Respond to all auditor requests promptly.
• Attend the weekly credit control meetings & offer full support towards debt collection.
• Offer full support to the IT team on system enhancements & automation.

Key Performance Measures:
As described in your Personal scorecard.

 Knowledge, experience and qualifications required

• Bachelor’s degree in a business related field.
• CPA(K) or other similarly recognized accounting profession qualification.
• 2-3 years of accounting experience in a similar role.
• Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.
• Strong  computer and business solutions software skills.
• Strong analytical and problem solving skills.
• Analytical skills.

Technical/ Functional competencies:

• Knowledge of insurance regulatory requirements.
• Knowledge of insurance products.
• Sales and marketing management skills.