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    Finance Assistant - Nairobi, Kenya - CIC Insurance

    CIC Insurance
    CIC Insurance Nairobi, Kenya

    5 days ago

    Default job background
    Full time
    Description
    CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi

    PURPOSE:
    Responsible for Branch credit reports, debtors reconciliation, receipting, banking, and petty cash management

    PRIMARY RESPONSIBILITIES:
    Participate in implementation of the company's credit control policy;
    Sending monthly commission and debtors statements and resolve incoming queries on outstanding accounts from intermediaries;
    Apply reminders on account to ensure debts are paid in a timely manner and full follow through by relevant intermediaries;
    Referring of uncollected debts to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB);
    Drive collection of premium debited on a monthly basis;
    Tracing and pursuing long outstanding debtors and where possible, assess capacity to settle debts;
    Follow up bounced cheques and contacts the clients for replacements as and when it arises and provides a monthly report;
    Check remittances (RTGS, EFT, IPFs) and facilitate receipting within 24 hours and monitor daily receipting and banking of all premiums received;
    Visit and call intermediaries for follow up on collections and reconciliations to provide a weekly report

    Academic and Professional Requirements
    Education

    Bachelor's Degree in a relevant field, E
    Computer literate in MS Office and other office applications E
    CPA, ACCA or Certificate in credit control management D


    Experience Required:
    Relevant experience 2
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