Assistant Accountant Job in Nairobi, Kenya

Background

On East Africa Reinsurance: East

Africa Reinsurance Company is a leading reinsurance company based in Nairobi,

Kenya. 

The

company was the first privately owned reinsurer to be established in Kenya and

commenced operations on 1st January 1995. 

The

company was established through a joint initiative of leading insurance

companies in Kenya and the International Finance Corporation (IFC), the private

sector arm of the World Bank Group.

East Africa Re (EARe) is a company that understands the local business and at

the same time is international in character with strong rating from Global

Credit Rating (GCR) and AM Best. 

The

company’s Vision is ‘To be the risk partner of choice’ in the markets in which

it transacts, and its mission is ‘To provide quality risk solutions, excellent

service and enhanced value to all the stakeholders’.

Position

Title: Assistant

Accountant
 

Reporting

To: Chief

Accountant
 

Resource

Persons: Chief

/ Accountant, Credit / Assistant Controller, Underwriters, Administration

Department, IT Department
 

Position

Purpose: The

role holder will be responsible for implementing cash flow management,

investment and credit control policies through various roles as highlighted

below under the supervision of the Accountant and Credit Controller.
 

Duties

and Responsibilities
 

• Timely
  
  preparation of vouchers, letters and cheques relating to investments to
  
  maximize investment returns.


• Aggressively
  
  following up on debtors assigned to maintain the credit period allowed by
  
  the company.


• Accurate
  
  and timely posting of payments to facilitate preparation and dissemination
  
  of financial information.


• Doing
  
  bank reconciliations on time.


• Accurate
  
  and timely allocation of non-trade receipts to Navision system.


• Aggressively
  
  negotiating for high call rates to ensure we secure our target rate of
  
  return.


• Timely
  
  preparation of statutory payments such as PAYE, corporation tax,
  
  withholding tax etc to save the company any penalties.

• Prompt
  
  response to cedants/brokers queries on the debt issues assigned.


• Timely
  
  settlement of supplier dues to maintain good relations.

• Timely
  
  submission of financial records/schedules during audits.


• Prompt
  
  preparation of IRA monthly investment returns to ensure compliance.


• Preparing
  
  investment placement letters.


• Petty
  
  cash management-keeping cash, update records, raising petty cash voucher,
  
  posting and filing them.


• Proper
  
  maintenance of financial records for ease of retrieval during audits,
  
  financial analysis and preparation of reports.


• Reconciliation
  
  of management expenses, sundry creditors and debtors accounts.


• Updating
  
  exchange rates on Navision during month end.


• Updating
  
  daily cash tracking.


• Carry
  
  out monthly integration between the production system (Reinsurance
  
  Management System and Navision System of banking, receivables and
  
  payables.


• Running
  
  monthly depreciation and posting recurring expenditure journals for
  
  prepayments.


• Filing
  
  of VAT, Withholding Tax and Excise duty on ITAX.

• Attend
  
  training/workshops that will add knowledge and skills on debt collection
  
  and investments.

• At
  
  least two years’ experience preferably in the insurance industry.

• Degree
  
  in Accounting or Finance related field.


• Professional
  
  qualifications (CPA, ACCA or equivalent).

• Proficiency
  
  in analyzing financial data


• Good
  
  negotiation skills


• Speed
  
  with accuracy

• A
  
  well-organized and self-driven person


• Collaborative
  
  approach with good interpersonal skills to work in a team and alone as
  
  required


• Self-starter
  
  and ability to work under minimal supervision


• Open
  
  to learning new ways of doing things


• Comfortable
  
  working with people of all levels.


• Ability
  
  to quickly understand the mission, vision and values of an organization


• Ethical
  
  behavior, honest and transparent

What do we offer you?  

When

working at EARe, you can expect to work with inspiring and creative

colleagues. 

You

will have ample opportunities for growth and career development as we value

continuous learning. 

We

offer you a challenging position in which you will be rewarded for excellent

performance.

Are

you interested in this position and do you meet the minimum requirements? 

Apply

by sending an e-mail with your CV and a convincing cover letter to

careers@eastafricare.com. 

The

application deadline is April 15, 2016. 

Due to

the urgency in filing this role and high volume of applications received only

shortlisted candidates on a first come first serve basis will be contacted.

Do you have questions about this vacancy?

Visit

our website at www.eastafricare.com

Please

do not hesitate to contact us by e-mail or telephone: careers@eastafricare.com

or 020 4443588 / 0733 623737 / 0728 111041.