Accounts Controller (OMAO) at Old Mutual Kenya

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

KEY TASKS AND RESPONSIBILITIES

• 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.

SKILLS AND COMPETENCIES

• 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

 KNOWLEDGE & EXPERIENCE

• 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

QUALIFICATIONS

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