Finance Assistant – Mombasa at CIC Insurance

About the Role

Reporting to the Branch Manager, the Finance Assistant will be responsible for Branch credit reports, debtor’s reconciliation, receipting, banking, and petty cash management

Key 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 premiums 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.

Who We’re Looking For

Qualifications

• Bachelors’ Degree in a related field
• Progress in CPA, ACCA, or Certificate in credit control management
• Minimum of 2 years of relevant experience