FINANCE ASSISTANT – EMBU
CIC Group
- Business & Finance, Education
- Full Time (On-Site)
- 2 Years
- Business & Finance, Education
- Full Time (On-Site)
- 2 Years
Job Description
PURPOSE:
Responsible for Branch credit reports, debtor’s reconciliation, receipting, banking, and petty cash management
PRIMARY RESPONSIBILITIES:
- Participate in implementation of the company’s credit control policy;
- Sending monthly commission and debtor’s 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.
| Key Skills, Knowledge, Experience and Behavioural Competencies | |||||||||||||
Academic and Professional Requirements
Experience Required:
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If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 21st February, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 31st March, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.
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Company Overview
CIC Group
CIC Insurance Group, founded in 1968, is a leading Kenyan provider of insurance and investment solutions. They offer products in life, general, and medical insurance, as well as asset management and real estate investments. Headquartered in Nairobi, the group operates in multiple African countries and is listed on the Nairobi Securities Exchange. CIC is recognized for its customer-centric approach and has earned several industry accolades.