JOB PURPOSE

The Job holder will be responsible for preparation of timely and accurate reconciliations; accounting and administrative tasks and safe keeping of records at the intermediary.

KEY RESPONSIBILTIES

  • Finance & Accounting
  • Bancassurance operations
  • Risk Management
  • Customer experience

MAIN ACTIVITIES

Finance & Accounting

  • Receipting of premiums received and allocating them to the relevant clients.
  • Generating of payment schedules to underwriters.
  • Updating of financial records and schedules on a daily basis, fact checks, and resolving discrepancies.
  • Participate in preparation of financial reports and assisting with year-end audits and other reviews by providing relevant schedules and documents.
  • Generate and share client statements.
  • Provide recommendations for improving procedures and systems for initiating corrective actions.

Operations

  • To maintain spreadsheets for monitoring and analyzing accounting data and preparing financial reports.
  • To assist in enforcing credit control and debt collection.
  • Maintain postdated cheque register and ensure banking of cheques held is done on the due date.
  • Maintain the DDA register and ensure reports are accurate where the DDA clears and Doesn’t clear.
  • Maintain a comprehensive filing system for all financial records and documents.
  • Manage day to day operations of the accounts department.
  • Correcting and modifying inaccurate files and records.

Risk and Compliance

  • Ensure compliance with both external and internal regulatory requirements and the approved Standard Operating Procedures (SOPs).
  • Assist in identifying risks facing the Agency and any remedial actions that can be undertaken to mitigate the risks.
  • Provide recommendations for improving procedures and systems for initiating corrective actions.

Customer Service

  • To communicate and liaise with clients, vendors and branches and assist in handling finance related communications
  • Ensure high end customer service and all queries are attended to as per the stipulated TAT & SLA.
DECISION MAKING AUTHORITY
  • The role is highly guided by Policies and Procedures;
  • Decision on work scheduling.
ACADEMIC BACKGROUND
  • University degree or above in a relevant business discipline e.g. business administration or finance.
  • Master’s degree will be an added advantage.
WORK EXPERIENCE
  • At least 2 years’ experience in banking.
  • At least 1 year in insurance, preferably in Bancassurance
SKILLS & COMPETENCIES
  • Effective communicator with excellent interpersonal and motivational skills;
  • Excellent customer service, client relationship management, communication, negotiation, problem solving and interpersonal skills;
  • Sense of judgement and common sense with both qualitative and quantitative tools to provide sound and comprehensive analysis/evaluation on complex credit applications;
  • Excellent with numbers and MS Excel proficiency.
PROFESSIONAL CERTIFICATION
  • Certified Public Accountant (CPA) – Minimum Section 2
  • Other accounting certifications will be an added advantage

HOW TO APPLY

  • Fill in the application form below or;
  • Send your application to jobs@sidianbank.co.ke