Finance Assistant at Zamara Kenya

Roles and responsibilities

• Achieving Zamara’s ambitious strategic priorities will be complex and challenging. Its continued success will be dependent on building and retaining a world-class team. The Finance Assistant will provide support to the Finance team.
• The role will report to the Senior Accountant.

In more detail, the areas of responsibility include:

Accounting

• Premium Payment Processing: Processing premium payments to underwriters and ensuring timely follow-up on allocation and receipts.
• Monthly Reconciliation: Reconciling underwriters' withholding tax payments with the company's ITax ledger.
• Bookkeeping: Managing daily bookkeeping tasks related to client premiums and Group accounts.
• Reporting Assistance: Supporting the preparation of Group reports using PowerPoint, Power BI, and Excel formats.
• Bank Reconciliation: Conducting daily reconciliations of bank statements and ensuring daily follow-up on Unallocated amounts.
• Supplier and Customer Reconciliations: Ensuring accuracy in reconciling accounts with suppliers and customers.
• Audit Preparation: Assisting in the preparation for internal and external audits.
• Invoice Processing: Verifying and processing invoices on E-tims after obtaining necessary approvals.
• Tax Compliance Support: Assisting with monthly filing of VAT, excise duty, and weekly payments of withholding tax.
• Commission Calculation: Accurately computing third party commission payments within relevant tax guidelines for review.
• Client Account Reconciliation: Conducting weekly reconciliations of client accounts to ensure accuracy and consistency.

Client Relations

• Resolve basic client queries and reconciliation issues in a timely manner.
• Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.
• Promote beneficial relationships between the company and the Underwriter to aid in claim settlements, especially when premiums are yet to be remitted to the Underwriter.

Professional Development

• People skills
• Develop technical knowledge through formal on the job training.
• Identify potential process improvements and other inefficiencies and escalate to senior resources.