Deadline of this Job: 02 January 2023
The Role
• The Accountant will support implementation of accounting and financial management functions for the COSME project to ensure compliance with Plan policies, procedures and donor requirements. The position holder will provide supports in the development, implementation and monitoring of the project.
Accountabilities And Main Work Activities
Financial Accounting and Treasury management (40%)
• Review all transactions to ensure that they are accurate and comply with Plan policies, procedures and Donor requirements.
• Post all approved transactions in corporate ERP system
• Preparation of funds transfer for supplies payments.
• Prepare timely and accurate cash forecasts at the Program Unit level.
• Process project advances and approved liquidations in ERP.
• Prepare and process Mpesa payments to business partners/beneficiaries timely and subsequent posting replenishment and reconciliation of Mpesa transactions in SAP.
Budgeting and Planning (15%)
• Participate in the preparation of Project operations budget, and support project staff to prepare projects annual budget.
• Participate and support during proposal writing for grants projects.
• Participate during project budget modifications.
Financial Reporting and Period-End processes (35%)
• Prepare bank reconciliations and perform petty cash count for the program units on monthly basis.
• Prepare Mpesa reconciliations for the program units on a monthly basis.
• Reconcile balance sheets accounts (advances, accruals, prepayments, deposits) and resolve reconciling items on a monthly basis.
• Participate actively in the month and year end processes and preparation of monthly, quarterly and annual finance schedules and reports for each program unit.
The Role
• The Accountant will support implementation of accounting and financial management functions for the COSME project to ensure compliance with Plan policies, procedures and donor requirements. The position holder will provide supports in the development, implementation and monitoring of the project.
Accountabilities And Main Work Activities
Financial Accounting and Treasury management (40%)
• Review all transactions to ensure that they are accurate and comply with Plan policies, procedures and Donor requirements.
• Post all approved transactions in corporate ERP system
• Preparation of funds transfer for supplies payments.
• Prepare timely and accurate cash forecasts at the Program Unit level.
• Process project advances and approved liquidations in ERP.
• Prepare and process Mpesa payments to business partners/beneficiaries timely and subsequent posting replenishment and reconciliation of Mpesa transactions in SAP.
Budgeting and Planning (15%)
• Participate in the preparation of Project operations budget, and support project staff to prepare projects annual budget.
• Participate and support during proposal writing for grants projects.
• Participate during project budget modifications.
Financial Reporting and Period-End processes (35%)
• Prepare bank reconciliations and perform petty cash count for the program units on monthly basis.
• Prepare Mpesa reconciliations for the program units on a monthly basis.
• Reconcile balance sheets accounts (advances, accruals, prepayments, deposits) and resolve reconciling items on a monthly basis.
• Participate actively in the month and year end processes and preparation of monthly, quarterly and annual finance schedules and reports for each program unit.
Deadline of this Job: 28 December 2022
Job Purpose and Key responsibilities
Key responsibilities:
• Perform monthly reconciliations for all debtor balances between the Line of Business systems and ERP.
• Prepare an aging analysis as part of the credit control report to intermediaries.
• Collect all outstanding debt from intermediaries and/or customers within the credit control policy.
• Circulate debtor statements to intermediaries and engage with the Sales team on collection pipelines.
• Prepare demand letters for issuance to intermediaries and/or clients.
• Perform regular visits to intermediaries and clients for statement reconciliation and collection of outstanding premiums.
• Allocate all premiums received within 2 days from date of receipt.
• Advise underwriters to debit or intermediaries to share allocation schedules and engage with cashiers for prompt receipting.
• Generate accurate intermediary statements. Analyze and reconcile all intermediary statements and circulate on a monthly basis to all stakeholders to facilitate collection.
• Create and post commission payment vouchers in Line of Business systems and allocate to the respective intermediary statements.
• Ensure timely resolution of all intermediary queries. Manage an issues tracker, updated daily with all issues raised.
• Timely processing and payment of commissions, premium refunds, Risk management fees, Loyalty and intermediaries’ incentives.
• Any other duties that may be assigned by management.
Key Performance Measures:
As described in your Personal scorecard.
Knowledge, experience and qualifications required:
• Bachelor's degree in a business-related field.
• CPA part1 or other similarly recognized accounting profession qualification.
• 1 years of accounting experience in a similar role.
• Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.
• Strong computer and business solutions software skills.
• Strong analytical and problem-solving skills.
• Analytical skills.
Job Purpose and Key responsibilities
Key responsibilities:
• Perform monthly reconciliations for all debtor balances between the Line of Business systems and ERP.
• Prepare an aging analysis as part of the credit control report to intermediaries.
• Collect all outstanding debt from intermediaries and/or customers within the credit control policy.
• Circulate debtor statements to intermediaries and engage with the Sales team on collection pipelines.
• Prepare demand letters for issuance to intermediaries and/or clients.
• Perform regular visits to intermediaries and clients for statement reconciliation and collection of outstanding premiums.
• Allocate all premiums received within 2 days from date of receipt.
• Advise underwriters to debit or intermediaries to share allocation schedules and engage with cashiers for prompt receipting.
• Generate accurate intermediary statements. Analyze and reconcile all intermediary statements and circulate on a monthly basis to all stakeholders to facilitate collection.
• Create and post commission payment vouchers in Line of Business systems and allocate to the respective intermediary statements.
• Ensure timely resolution of all intermediary queries. Manage an issues tracker, updated daily with all issues raised.
• Timely processing and payment of commissions, premium refunds, Risk management fees, Loyalty and intermediaries’ incentives.
• Any other duties that may be assigned by management.
Key Performance Measures:
As described in your Personal scorecard.
Knowledge, experience and qualifications required:
• Bachelor's degree in a business-related field.
• CPA part1 or other similarly recognized accounting profession qualification.
• 1 years of accounting experience in a similar role.
• Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.
• Strong computer and business solutions software skills.
• Strong analytical and problem-solving skills.
• Analytical skills.
Deadline of this Job: 30 December 2022
Job Summary
To deliver actuarial /underwriter support services through the execution of predefined objectives as per agreed standard operating procedures (SOPs).
Job Description
• Preparation of quotations
• Preparation of loss ratio reports and provision of appropriate renewal terms
• Product review and pricing for new and existing products
• Monthly tracking of claims and membership trends: average cost analysis, membership count, rejection rates and provide recommendations to address significant variances
• Negotiate terms with prospective clients and intermediaries
• Build relationships with intermediaries
• Membership management: entries and exits, card requests, debit and credit note preparations
Education
• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Require
Other Vacancies
Deadline of this Job: 06 January 2023Job Summary
To deliver actuarial /underwriter support services through the execution of predefined objectives as per agreed standard operating procedures (SOPs).
Job Description
• Preparation of quotations
• Preparation of loss ratio reports and provision of appropriate renewal terms
• Product review and pricing for new and existing products
• Monthly tracking of claims and membership trends: average cost analysis, membership count, rejection rates and provide recommendations to address significant variances
• Negotiate terms with prospective clients and intermediaries
• Build relationships with intermediaries
• Membership management: entries and exits, card requests, debit and credit note preparations
Education
• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Require
Other Vacancies
Deadline of this Job: 14 January 2023
Deadline of this Job: 05 January 2023Deadline of this Job: 07 January 2023
Deadline of this Job: 09 January 2023
Deadline of this Job: 27 December 2022
Deadline of this Job: 02 January 2023Deadline of this Job: 06 January 2023