Accountant, Credit Control at Zamara Kenya

Zamara is a financial services firm that primarily offers Actuarial Services, Pensions Administration and Consulting and Insurance Brokerage Services. Zamara has been in the Kenyan Market for over 23 years, initially operating as Hymans Robertson and more recently as Alexander Forbes. Working at Zamara offers our people the opportunity to work for a Truly Pan-African Financial Services firm.

Responsibilities

Accounting

• Follow up on outstanding premiums through but not limited to sending emails, phone calls and visits to clients ‘


• Ensure the debtors’ aging analysis is accurately prepared and circulated to the divisions on weekly basis


• Chair weekly debtors’ meetings with Operations and Client relations teams.


• Arrange for monthly meetings with management to discuss problematic debt


• Co-ordinate and track progress of debt collectors


• Prepare Debtors circularization letters for audit purposes


• Ensuring that all premiums received are receipted and properly allocated to client accounts in the system.


• Ensure monthly postings of premium payable, premium receivable, and commission receivable in the accounting system.


• Ensure that the unallocated cash report is accurate and promptly circulated to divisions for scrutiny and subsequent allocations.


• Client account reconciliations with the respective account handlers/clients where need be


• Ensure that premium payments to Underwriters are done monthly, remittance schedules shared and follow up on allocations by the Underwriter


• Ensure all the relevant taxes on commission and administration fees are filed by both the company and the various Underwriters.


• Maintain effective working capital and optimal interest income levels


• Assist in preparation of relevant documents for IRA licensing.

Client Relations

• Resolve basic client queries and reconciliation issues in a timely manner.


• Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.


• Promote beneficial relationships between the company and the Underwriter to aid in claim settlements, especially when premiums are yet to be remitted to the Underwriter.

Professional Development

• People skills


• Develop technical knowledge through formal on the job training


• Identify potential process improvements and other inefficiencies and escalate to senior resources

Experience and personal qualities

• Bachelor of Commerce Finance/ Accounting or equivalent


• CPA-K/ ACCA Final


• Minimum 3 years’ experience


• MS Office with focus on Excel Skills


• System proficiency


• Integrity


• Analytical Skills


• Results orientated


• Excellent oral & written communication skills


• Responsible & accountable


• Time management


• Accuracy and attention to detail


• Persuasive

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