ASSISTANT ACCOUNTANT – CREDIT CONTROL
UNIT: Credit Control
REPORTS TO: Team Leader Finance
The position is responsible for credit control and collection of premium as per the credit policy, prompt intermediary accounts statements issuance and reconciliations and processing of commissions and returns in a timely manner.
Collection of outstanding premium and reduce the debtor days to 55.
Send out monthly debtor statements by 5th of the following month.
Timely processing of intermediary’s commissions by 10th of the following month whilst ensuring all the agents are properly licensed.
Reconcile assigned debtor’s accounts on a monthly basis and share with BST’S and counter parties.
Resolve any reconciliation issues in a timely manner.
Check and confirm premium position before any claims are settled
Liaise with treasury and ensure all collections are receipted and transferred promptly.
Ensure deductions from commissions are accounted for / remitted immediately
Ensure monthly, quarterly and annual returns to IRA, KRA and any other body are filed in a timely manner and within the due date.
Liaison with other departments
Liaise with all the BSTs and branches to ensure integrity of the outstanding premium data
Liaising with the medical division for reconciliation and collections.
Liaising with ICT for development of user reports as may be required from time to time
Ensuring that all enquiries by intermediaries and BMs are recorded/ responded to within the set turnaround time.
Regular briefing to the Supervisor on individual activities and making consultations on matters pertaining to the department
Maintaining cordial relations with intermediaries and internal clients.
Must be willing to go the extra mile to serve clients and intermediaries in a timely and accurate manner.
Degree in a business related field
Professional in accountancy is a must
2 to 3 years general credit and reconciliation experience
Skills and Attributes
If you wish to apply for this position, please email your application with a detailed CV to firstname.lastname@example.org on or before Friday 17th February.
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