Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
Job Ref. No.
HRJIC643
Role Purpose
To accurately process all payments within the agreed timelines
Main Responsibilities
- Ensuring timely uploading of online payments for both MPESA and the Bank platform
- Posting of payment transactions into the general ledger
- Confirm electronic transfers/cheques clearance with the bank
- Handle queries/complains of financial nature on the payments that have been made for agents, vendors and other departments
- Reconciliation of payment control account
- Preparation of monthly bank reconciliations & investigating any outstanding issues thereafter.
- Prepare payment vouchers for various parties-suppliers, service providers etc.
- Provide remittance advise for the payments processed and monitor bank accounts to ensure payments are up to date
- Maintain confidentiality of organizational information
- Assist in end month closure processes relating to treasury and investments
- Prepare and provide relevant supporting documentation for internal and external audits
- Miscellaneous duties as assigned by management
Key Competencies
- Analytical Skills
- Mathematical & Statistical Skills
- Attention to detail
- Verbal & written communication skills
- IT Skills
Qualifications
- Bachelor’s Degree in Accounting/Finance.
- CPA-K
- Insurance Diploma or COP will be an added advantage
Relevant Experience
Minimum of two years relevant experience in accounting.
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