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    Reconciliations Accountant at - Nairobi, Kenya - American International Group, Inc. (AIG)

    American International Group, Inc. (AIG)
    American International Group, Inc. (AIG) Nairobi, Kenya

    1 week ago

    Default job background
    Full time
    Description

    American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

    AIG, is an American multinational insurance corporation with more than 88 million customers in 130 countries. AIG companies employ over 64,000 people in 90 countries.
    Summary


    Reporting to the Financial Controller, this role is responsible for reconciliation of accounts in line with the company's policy and ensure that all financial transactions are recorded accurately.

    This includes reviewing financial records to identify discrepancies and prepare reports detailing the findings and recommend corrective action to prevent future errors.

    Driving clearance of open reconciling items will be a key performance indicator.
    Responsibilities

    Reconcile and analyse general ledger and sub ledger accounts to source data and systems to ensure transactions are recorded accurately and account balances are accurately stated
    Scrutinize data from various source systems, investigate discrepancies, and collaborate with business and finance operations teams to address differences, outstanding issues, and unusual balances
    Prepare Excel templates needed for the analysis and reconciliation of complex accounts
    Ensure reconciliations are compliant with company financial standards and procedures in terms of ageing profile and volume of open items
    Providing analysis and commentary on any open items and liaise with relevant team members to actively investigate and resolve any unidentified differences in a timely manner
    Active involvement in determining SLA's for interdepartmental dependencies affecting clearance of open items in reconciliations
    Responsible for reducing unexplained/unreconciled amounts and volumes month-on-month
    Any other duty assigned by management

    Audit & Compliance

    Ensure adherence to audit requirements Ensure adherence to regulatory and compliance requirements

    Qualifications
    Experience

    Skills/Competencies

    Undergraduate degree in finance, accounting or related field

    Professional qualification :
    CPA (K) or ACCA
    Member of the Institute of Certified Public Accountants of Kenya (ICPAK)
    Relevant insurance industry experience
    Experience in performing bank reconciliations, balance sheet reconciliations, inter-company reconciliations and other financial transaction reconciliations
    Strong communication skills (both written & oral) and interpersonal skills to effectively work with different departments
    Strong analytical, planning and organization skills
    Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment
    Excellent spreadsheet skills (Excel)


    Time Management:
    Ability to handle multiple priorities, organize work and meet deadlines

    Attention to detail:
    Maintain accuracy of work

    Communication:
    Effective communication skills at all levels of business
    Strong team player
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