Job Description
- To ensure timely billing ,invoicing and collection of management fees, and following up with property managers on rental billing, statements and expenses
- To ensure weekly posting of all credits received & bank charges for all OMK bank accounts
- Control accounts reconciliation and computation of receivable taxes schedule
KEY TASKS AND RESPONSIBILITIES
- Billing OMIG clients –Populating and uploading the fee charged for various clients into the system as income.
- Populating, printing and dispatch of invoices to clients for settlement.
- Reconciling the clients’ accounts and following up on outstanding debt for settlement.
- Ensuring that the internal controls of the company are strictly followed.
- Maintaining up-to-date records for all outstanding accounts.
- Posting payments and all income related journals into the system.
- Address queries relating to fees/Income to third parties involved i.e. Clients, Administrators, Custodian, portfolio managers and external auditors.
- Preparation of weekly collection report for the aged debtors.
- Monitoring and reconciling the Key control accounts – Accounts receivable and Sundry Debtors to ensure that all they agree with the General Ledger (Trial Balance) on monthly basis
- Assist payable and tax department with the VAT figure payable on a monthly basis after booking of the final income and withholding tax figure payable for sweep clients’ payment
- OMIS billing and collection of (service fees, Adhoc income, & Initial fees)
- Receivables control accounts reconciliation
- Management and Reconciliation of OMS accrued income commission
- Custodian of the OMIG Credit Control Policy
- Ensure full adherence to the OMIG Credit Control policy
- Quarterly billing and collection of upper hill rent payment and posting of property transactions for Kimathi building.
SKILLS AND COMPETENCIES
- Proven analytical skills
- Knowledge of the current asset management and investments relating to management fees
- Excellent IT skills and proficiency in all MS office applications and accounting software
- Strong business acumen and good understanding of the market
- High levels of energy, drive, creativity and innovation
KNOWLEDGE & EXPERIENCE
- 3 Years’ experience in Receivable roles and credit control.
- 3 Years’ experience in Treasury roles (cash flow, bank reconciliation & reports)
- 2 Years’ experience in Suspense account management, allocation and reports
QUALIFICATIONS
- Bachelor of Business Management (Finance option)
- CIFA (KASNEB)
- CPA (K) KASNEB
