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  • Posted: Mar 29, 2023
    Deadline: Apr 5, 2023
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company


    Accounts Controller (OMAO)

    Job Description

    • To ensure timely billing ,invoicing and collection of management fees, and following up with property managers on rental billing, statements and expenses
    • To ensure weekly posting of all credits received & bank charges for all OMK bank accounts
    • Control accounts reconciliation and computation of receivable taxes schedule


    • Billing OMIG clients –Populating and uploading the fee charged for various clients into the system as income.
    • Populating, printing and dispatch of invoices to clients for settlement.
    • Reconciling the clients’ accounts and following up on outstanding debt for settlement.
    • Ensuring that the internal controls of the company are strictly followed.
    • Maintaining up-to-date records for all outstanding accounts.
    • Posting payments and all income related journals into the system.
    • Address queries relating to fees/Income to third parties involved i.e. Clients, Administrators, Custodian, portfolio managers and external auditors.
    • Preparation of weekly collection report for the aged debtors.
    • Monitoring and reconciling the Key control accounts – Accounts receivable and Sundry Debtors to ensure that all they agree with the General Ledger (Trial Balance) on monthly basis
    • Assist payable and tax department with the VAT figure payable on a monthly basis after booking of the final income and withholding tax figure payable for sweep clients’ payment
    • OMIS billing and collection of (service fees, Adhoc income, & Initial fees)
    • Receivables control accounts reconciliation
    • Management and Reconciliation of OMS accrued income commission
    • Custodian of the OMIG Credit Control Policy
    • Ensure full adherence to the OMIG Credit Control policy
    • Quarterly billing and collection of upper hill rent payment and posting of property transactions for Kimathi building.


    • Proven analytical skills
    • Knowledge of the current asset management and investments relating to management fees
    • Excellent IT skills and proficiency in all MS office applications and accounting software
    • Strong business acumen and good understanding of the market
    • High levels of energy, drive, creativity and innovation


    • 3 Years’ experience in Receivable roles and credit control.
    • 3 Years’ experience in Treasury roles (cash flow, bank reconciliation & reports)
    • 2 Years’ experience in Suspense account management, allocation and reports


    • Bachelor of Business Management (Finance option)
    • CPA (K) KASNEB

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on to apply

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