Job Description
Finance Jobs. CIC Insurance Jobs
About the Role:
We are looking for an enthusiastic Reconciliation Assistant who will responsible for ensuring daily receipting, reconciliations, monthly reporting and posting journal.
Read More>>>The 5-Minute Interview Formula That Gets Job Offers
Key Responsibilities
- Monitor Daily Receipts, ensure cash ups are done and banking done on a daily basis
- Check remittances (RTGS, EFT, IPFs, Mpesa) and facilitate receipting within 24 Hrs
- Review all daily transaction entries to verify the correctness and completeness of the captured data and advise on required actions;
- Reconciliation and signoff of intermediary accounts
- Liaise with internal departments (finance, operations, IT, underwriting and business to resolve reconciliation issues within allowed TAT
- Investigate and resolve discrepancies in financial data between internal systems and external parties (e.g. banks, brokers) in a timely manner
- Maintain accurate records of reconciliation activities and adjustments.
- Prepare and maintain reconciliation reports and summaries for management review.
- Escalate unresolved issues and aged reconciling items appropriately.
- Ensure timely follow-up and clearance of outstanding items in reconciliation
- Tracing and pursuing long outstanding debtors and where possible issue demand letters and escalate for cancellation
Qualifications
- Bachelors degree in a related field from a recognized university.
- 1 year of experience (experience from general insurance or financial services industry is an added advantage).
- Progress in CPA, ACCA or CCP is an added advantage.
Key Competencies
- Strong analytical and reconciliation skills
- High attention to details and data accuracy
- Proficiency in Microsoft Excel (VLOOKUP, Pivot Tables etc. )
Read More>>>Boost Your CV in Minutes: 3 Action Word Tips That Get You Noticed
How to Apply
Interested candidates are encouraged to send their applications and updated CVs to channelsrecruitment@cic.co.ke, stating the Job Title (Community Outreach Officer) and Preferred Location/Sector on the subject line e.g. Community Outreach Officer – Kisumu or Community Outreach Officer – Learning Institutions.
The post Reconciliation Assistant Job CIC Insurance appeared first on Corporate Staffing Services.