Payables Accounts Assistant at Old Mutual Kenya

Job Description

Accurate, timely and efficient processing of payments to be our clients’ most trusted partner, passionate about helping them achieve their lifetime financial goals

Key Tasks and Responsibilities

• Process Internal payments within SLA
• Process supplier payments as per SLA
• Ensure accurate processing of intercompany transactions
• Preparation of taxes for payments on a monthly and quarterly basis
• Preparation and reconciliation of supplier accounts within TAT
• Preparation and reconciliation of control accounts within TAT
• Prepare audit support schedules-prepayments and accrual schedules
• Timely submission of projected cash out-flow to treasury for funding purposes
• Ensure integrity and accuracy of the General Ledger and posting of adjusting entries within the month end period
• Reprocessing returned/bounced payments within TAT
• Posting open journals
• Settling of transactions posted to unsettled payments ledger
• Achieve Culture engagement score as per guide
• Control adequacy above 5%
• Failed Issue Assurance not less than 5%
• Achieve above 80% on Level of automation for priority processes

Academic Background

• Bachelor of Commerce or a Business-related degree from a recognized University
• Certified Public Accountant

Skills and Competencies

• Strong financial and accounting skills
• Good communication and teamwork skills
• Excellent analytical, interpersonal, and communication skills
• Amazing ability to identify and resolve practical problems

Knowledge and Experience

• Knowledge of accounting systems and processes
• Preparation of statutory payments i.e. PAYE, NSSF, NHIF and payroll, Premium and training levy
• Proficient in Microsoft Excel, Word, PowerPoint, Outlook and ERP accounting systems
• At least 3 years working experience

Closing Date: 31 January 2023