PURPOSE:
Responsible for ensuring daily receipting, Reconciliations, Monthly reporting and posting journal.
PRIMARY RESPONSIBILITIES:
- Monitor Daily Receipts, ensure cash ups are done and bankings done on a daily basis
- Prepare weekly cashflow statements
- Identify Bounced Cheques, reverse and share the Bounced cheques list to credit control (Daily)
- Bank reconciliation, sign offs & Cashbook ledgers posting and ensure accuracy for monthly reporting
- Look out for unauthorized debits on the Bank statement and follow up immediately with the bank
- Ensure intercompany payoffs within 5 days
- Ensure collection bank accounts sweeps off with 5 days
- Write letters to the bank requesting for further details for those items that are not sufficiently narrated (Monthly)
- Identification and cancelation of stale cheques (Daily)
- Preparation of Bounced Cheque report (Monthly)
- Preparation of Reconciliation Aging Analysis (Monthly)
- Forward to credit control funds credited in our accounts for receipting (Daily)
- Respond to customer and banks queries regarding payments
- Review all daily transaction entries to verify the correctness and completeness of the captured data and advise on required actions;
- Prepare monthly reports for transactions at risk for submission to Unclaimed Financial Assets Authority (UFFA).
Generic Duties:
- Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per relevant manuals and comply with all relevant external legislation and regulations with regards to compliance requirements.
- Ensure that as a staff you actively contribute to the department/division attaining a ‘good’ rating in both internal and external audit by performing your role to the required standards and adhering to all internal processes and procedure as per relevant manuals, policies, and regulations of the company.
- Ensure that all risk management requirements within your remit are addressed and where necessary escalate through the available defined channels.
| Key Skills, Knowledge, Experience and Behavioural Competencies | |||||||||||||
Academic and Professional Requirements
Experience Required:
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If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 12th February, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 28th February, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.