Summary
Date Posted: Thursday, March 24, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
JOB PURPOSE
The Job holder will be responsible for preparation of timely and accurate reconciliations; accounting and administrative tasks and safe keeping of records at the intermediary.

KEY RESPONSIBILTIES
• Finance & Accounting
• Bancassurance operations
• Risk Management
• Customer experience

MAIN ACTIVITIES
Finance & Accounting
• Receipting of premiums received and allocating them to the relevant clients.
• Generating of payment schedules to underwriters.
• Updating of financial records and schedules on a daily basis, fact checks, and resolving discrepancies.
• Participate in preparation of financial reports and assisting with year-end audits and other reviews by providing relevant schedules and documents.
• Generate and share client statements.
• Provide recommendations for improving procedures and systems for initiating corrective actions.
Operations
• To maintain spreadsheets for monitoring and analyzing accounting data and preparing financial reports.
• To assist in enforcing credit control and debt collection.
• Maintain postdated cheque register and ensure banking of cheques held is done on the due date.
• Maintain the DDA register and ensure reports are accurate where the DDA clears and Doesn’t clear.
• Maintain a comprehensive filing system for all financial records and documents.
• Manage day to day operations of the accounts department.
• Correcting and modifying inaccurate files and records.
Risk and Compliance
• Ensure compliance with both external and internal regulatory requirements and the approved Standard Operating Procedures (SOPs).
• Assist in identifying risks facing the Agency and any remedial actions that can be undertaken to mitigate the risks.
• Provide recommendations for improving procedures and systems for initiating corrective actions.
Customer Service
• To communicate and liaise with clients, vendors and branches and assist in handling finance related communications
• Ensure high end customer service and all queries are attended to as per the stipulated TAT & SLA.

DECISION MAKING AUTHORITY
• The role is highly guided by Policies and Procedures;
• Decision on work scheduling.

ACADEMIC BACKGROUND
• University degree or above in a relevant business discipline e.g. business administration or finance.
• Master’s degree will be an added advantage.
WORK EXPERIENCE
• At least 2 years’ experience in banking.
• At least 1 year in insurance, preferably in Bancassurance

SKILLS & COMPETENCIES
• Effective communicator with excellent interpersonal and motivational skills;
• Excellent customer service, client relationship management, communication, negotiation, problem solving and interpersonal skills;
• Sense of judgement and common sense with both qualitative and quantitative tools to provide sound and comprehensive analysis/evaluation on complex credit applications;
• Excellent with numbers and MS Excel proficiency.

PROFESSIONAL CERTIFICATION
• Certified Public Accountant (CPA) – Minimum Section 2
• Other accounting certifications will be an added advantage

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
Fill in the application form below or;
Send your application to jobs@sidianbank.co.ke
https://sidianbank.co.ke/vacancy/assistant-finance-operations-bancassurance-intermediary

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