Jobs at Madison Life Assurance

This position will be located at the Group’s Head Office in Madison House and it will report to the Group Head of ICT. The position holder will work closely with other team members to investigate business processes, taking a holistic view of the situation. This will include examining elements of the organization structures and process development issues as well as current processes and IT systems

Key Responsibilities

• Determining Business needs.
• Determining what is required to meet the business needs
• Collecting and confirming relevant input from users, customers, and stakeholders.
• Defining and modeling requirements and solution designs.
• Using data to model proposed solutions.
• Evaluating the value each proposed solution model provides.
• Making improvements that will increase the value of a proposed solution model.
• Managing and organizing the necessary processes to document the success or failure of a proposed solution.
• Ensuring the security of the data including the confidentiality, integrity, and availability of the Life Assurance business system.
• Responsible for business continuity management (BCM) of the systems including the backup and disaster recovery plan.

Qualifications, Experience and Competencies

Qualified candidates should have the following;

• A Degree in IT or related field;
• At least five years’ experience with the Turnquest Systems and environments
• AIIK/ACII
• A holder of at least one or multiple certifications like Oracle PL/SQL developer. Java Developer, ITIL and CBAP

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This position will be located at the Company’s Head Office in Madison House and it will report to the Senior Accountant.

Key Responsibilities

• Bank reconciliations for all the company’s main accounts.
• Attending to all treasury-related queries and correspondences
• Safeguarding company’s assets (cash) and overall operational efficiency.
• Planning of company cash flow by analyzing trends, using available information and interaction with the relevant business units and the company’s budgets to ensure adequate levels of cash are maintained at all times.
• Cash/bank balances control and investments (in liaison with the Chief Accountant and Senior Accountant).
• Separation of cash received into various funds/ (products) and ensuring surplus funds are invested in a timely manner.
• Prepare funds transfer instructions and internal/ inter-account/ interbank transfers.
• Liaison and relations between the company and its bankers for all appropriate transactions
• Generate accurate daily bank balances report and cash position reports.
• Supervise bank reconciliation staff
• Generate accurate weekly and monthly cash flow report and projections.
• Reconcile the general ledger balances and prepare support schedules with emphasis on allocated accounts to ensure accuracy

Qualifications, Experience and Competencies

Qualified candidates should have the following;

• A Bachelor of Commerce Degree or any other business related field;
• Trained and qualified in accountancy profession CPA (K) (preferably a member of the Institute- ICPAK)
• At least five years’ experience in Treasury Management and Accounting Operations
• Application and exploitation of IT
• Knowledge and insight in conventional bank and banking matters/operations