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Jubilee Insurance KE   |   Nairobi, Kenya   |   Log in or register to see the closing date

Assistant Accountant Credit Control

  • Bachelor's degree
  • Accounting, finance, banking, insurance
  • Experienced (senior worker)
  • Full Time
  • Permanent
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Job Summary

The job holder will be accountable for managing receivables in line with agreed credit terms, manage the outstanding sales balances falling due, contact customers before the balances become overdue and monitor credit limits. The post holder will report to the Senior Credit Controller, Finance Department and will be based at Head Office.


Financial Controls

1. Monitoring collection of outstanding debts
2. Processing of commission and other payments related to general business
3. Ensuring all payments received are receipted and allocated to corresponding debit notes
4. Ensure all Mpesa receipting is done within 24 hours
5. Confirming premium payment position for all clients launching claims within 48hours
6. Ensuring all premium refunds are processed within 48 hours
7. Filling of Tax returns to Kenya Revenue Authority and processing of certificates
8. Passing of journal entries relating to General Business
1. Ensure cordial bank relations with all banks and ensure timely processing of IPF
2. Coordinate the resolution of outstanding items with intermediaries-Brokers, agents and individual
Compliance and Internal Controls

1. Printing and dispatching premium debtors statements
2. Reconciling debtor accounts and sorting out disputes and updating management
3. Processing of certificates by insurer for new and existing brokers and agents
4. Processing of Insurance Premium Forms Applications(IPF)
5. Filing of commissioners returns

General Information

Salary rangeNot specified
Additional informationNot specified
Contract type: Permanent
Job type: Full Time
Location: Nairobi
Area of work: Accounting, finance, banking, insurance
Seniority: Experienced (senior worker)

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 2 years
Required skills: Accounting; Credit handling; Tax returns; Payment collection
Required languages: English (Spoken: fluent | Written: fluent)

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Jubilee Insurance KE

Banking, microfinance, insuranceCompany size: 1000+ people

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance. Today, Jubilee is the number one insurer in East Africa with over 450,000 clients. Jubilee Insurance has a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius. It is the only ISO certified insurance group listed on the three East Africa stock exchanges – The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange and Uganda Securities Exchange. Its regional offices are highly rated on leadership, quality and risk management and have been awarded an AA- in Kenya and Uganda, and an A+ in Tanzania.

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