Department Finance
Section Finance – General Business
Job Category Finance Assistant – Reconciliation
Reports To Head of Finance, General Business
Job Serial/Code No. TBA
Location/Branch Head office-Nairobi
Main Purpose of the Job- (Job Summary)
Reconciliation of bank statements, petty cash management, Branch and Head Office ledger reconciliations in line with the departmental objectives
Main Responsibilities
1. Reconciling of cashbook and bank statements on a monthly basis.
2. Passing of branch journal vouchers and following up of reconciling items
3. Maintaining of Head Office petty cash
4. Monitoring and reviewing of all branches petty cash and verification of their expenditure.
5. Preparing of all Branch and Head Office reconciliations.
6. Passing of journal entries for Branches and Head Office after reconciliations
7. Receiving, viewing and filing of all weekly and daily returns in the Branches.
8. Coordinating with Branch Accountants and Branch Managers in relation to unpaid cheques and Mpesa paybill statement on a daily basis.
9. Preparations of weekly turn around times (TAT) for Head Office disbursement accounts, Legal and Branch accounts disbursement on a weekly basis.
10. Any other duties assigned
Key Deliverables
1. Timely completion of Bank and Ledger reconciliations.
2. Timely maintenance of Head Office petty cash.
Key Interfaces
Internal
Internal Audit
I.T
Operations
Branches
Legal
Claims
External
External Auditors
Agents & Brokers
Job Specifications
Key Drivers
Key Job Skills (specific to the job)
- Financial Literacy
- Analytical Skills
Insurance Skills (special Category)
- N/A
General Skills (Generic)
- Communication Skills
- Interpersonal Skills
- Customer Service
- IT skill (fluency)
KCA Competencies/Behaviours
- Integrity
- Reliability
- Transparency
- Professionalism
- Teamwork
- quality
Relevant Experience
At least 1 year of relevant experience
Academic Qualifications
- Undergraduate degree in Finance
Professional Qualifications
- Certified Public Accountant (Kenya)
- ACCA
About us
Kenindia Insurance Ltd, was established as merger of Indian Insurance Companies operating in Kenya to form a vibrant joint venture with moral and financial support from leading local business elite on 6th December 1978.
By 2007, a span of 29 years, the company had crossed the Ksh 3 billion gross premium income mark to become the largest non-life insurer in Kenya.
Application Guidelines
All applications and CV”s should be sent before Wednesday, 15th November, 2023 via:
