Pension Scheme Fund Accountant

ABOUT THE COMPANY

The year 1978 proved to be a milestone for the Insurance Sector in the region , Indian Insurance Companies operating in Kenya decided to merge and form a vibrant joint venture with moral and financial support from leading local business elite. The idea became reality on 6th December 1978 with the birth of Kenindia Assurance Company Limited.

JOB SUMMARY

MINIMUM QUALIFICATIONS - KNOWLEDGE AND EXPERIENCEQualifications:Bachelor’s degree in Accounting, Finance, or related field.Professional QualificationsProfessional qualification CPA, ACCA, or equivalent, often with specialized pension training.At least 5 years of relevant experienceKnowledge of RBA RegulationsKnowledge of pension Taxation Law.Proficiency in MS Excel and accounting systems (e.g.,Dynamics 365, SAP).SKILL AND COMPETENCIESCompetenceAnalytical skillsProblem solving skillsData entry skill

RESPONSIBILITIES

Ensure compliance of the pension schemes in line with both statutory and company policies.Ensure on boarding of new clients and sponsors within stipulated timelines and as per the company compliance requirements and ensure timely delivery of policy documents and deed of adherence to the customers within Tats.Processing Endorsement change requests to insurance contracts while adhering to set procedures and guidelineFacilitate continuous data clean-up of clients’ personal information.Ensure customer data quality and compliance through validation and Verification of customer data through lines of business during on boardingPresent audited scheme accounts during clients’ Board of Trustee meetings / AGM.Assist in the preparation of Deposit Administration monthly valuation dataAssist in preparation and filing of Scheme Financial StatementsPrepare and file income tax returns and RBA levies within the stipulated deadlinesMaintain and manage the integrity of all scheme transactions, documentary support and maintenance of scheme fund statements File scheme Returns of Contributions and investment returns with the Retirement Benefits Authority within stipulated deadlinesCarry out regular Pension account reconciliations of members and scheme balances.

REQUIRED SKILLS

Auditing of accounts, Accounting, Budgeting, financial planning, Bookkeeping

REQUIRED EDUCATION

Bachelor's degree