Accounts Assistant, Finance & Administration at Minet Kenya

Job Description

Minet is a trusted pan-African advisor that meets the uncertainties of tomorrow by delivering risk and human capital solutions today. As the largest Aon Global Network Correspondent, Minet has access to a network of over 50, colleagues in countries as well as proprietary data, research and analytics which enable us to manage and secure the risks of tomorrow and provide clients with an unrivalled advantage.

Purpose for the Job

To manage underwriters accounts, reconcile general ledger and subledgers within stipulated deadlines.

Duties and  Responsibilities

Underwriter Management

Conduct monthly reconciliation of premium payable and premium receivable accounts, as well as regular meetings with underwriters to ensure correct premium payment allocation. Oversee daily premium collections in the system and guarantee accurate premium payment processing.

Reconciliations

Reconciliation and preparation of monthly investment income. Reconciliation of insurance balances between the company with the assigned underwriter. Monthly reconciliation and analysis of assigned General Ledger account. Reconciliation of intercompany accounts and ensure signed off for payment recoveries.

Reporting

Preparation of management accounts and consolidated financial statements.

Key Competencies

Knowledge And Skills Required

Good problem solving and analytical skills. Good communication and interpersonal skills. Knowledge of Insurance Regulatory Authority Regulations (IRA) Attention to details. Knowledge of applicable tax laws. Good planning and organizational skills Excellent report writing skills.

Professional and Academic Qualifications

Bachelor’s degree in business related field Certified Public Accountants (CPA Part 1) /Association of Chartered Certified Accountants (Level 1)