Job Details

Job Description

The Kenya Reinsurance Corporation Limited (Kenya Re) is a leading reinsurer and is listed at the Nairobi Securities Exchange (NSE). It is ISO 9001:2015 Certified and is rated B by A.M Best and AA by the Global Credit Rating Company (GCR). Kenya Re now seeks to recruit and fill the following position for its regional office in Zambia:

ACCOUNTANT, ZAMBIA KRCZ/HR/R6/2024/01

The selected candidate will report to the Regional Manager for the Southern Africa Regional Office in Zambia.

ROLE PURPOSE

The purpose of the role is to prepare, develop and analyze key financial information to facilitate Management’s decision-making. The position will provide high-quality support by liaising with other departments on all finance matters, budgetary management and control. The position will be responsible for financial reporting and submission of statutory returns to authorities.

PRIMARY RESPONSIBILITIES

• Monitoring and enhancing Accounts Payables process to ensure all invoices are timely and accurately paid,
• Dealing with debt collection processes to ensure timely claim recoveries and premium collections;
• Preparing subsidiary’s annual financial budget;
• Preparing the monthly payroll;
• Ensuring the Corporation is fully compliant on all taxation issues and ensure all deadlines are fully met,
• Allocating and matching of reinsurance receipts and payments and managing the petty cash;
• Preparing monthly bank reconciliations;
• Coordinating the tagging of Fixed Assets upon acquisition, prior to assignment and payment for the same;
• Recording all Fixed Asset acquisitions, retirements and transfers as well as monthly depreciation in Oracle, always ensuring all information is up-to-date;
• Monthly reconciliation of all vendor accounts within set deadlines;
• Filing of all accounts payable and receivable documents on a timely basis and in as easily retrievable manner,
• Preparing accounts schedules for internal, interim and annual audits and timely resolution of audit queries; and
• Any other duties assigned by Management.

PERSON SPECIFICATIONS

• Applicants should be holders of a University degree in Accounting/Finance, or any business related field from a recognized university.
• They should be Chartered Accountants with equivalent of CPA/ACCA/CIMA/ZICA Associate level, or any other equivalent internationally recognized professional qualification.
• They should have three (3) years accounting experience and a thorough understanding of International Financial Reporting Standards (IFRS)
• In addition, they should have the ability to meet strict deadlines and work without supervision, have excellent knowledge and hand-on working experience operating MS Office suite. Experience working with Oracle Financials will be an added advantage.
• They should have excellent interpersonal and communication skills, be able to operate in a performance-driven environment and be a team player with the ability to work under pressure to meet deadlines.

Kenya Re is an equal opportunity employer and does not discriminate on the grounds of gender, colour, race, religion, natural origin, age or physical disability. An appropriate remuneration package will be offered to successful candidates.

Applicants should indicate on the CV their current/last salary and whether they are persons living with disability. They should post or email as attachments their CV and cover letter quoting the relevant Job Ref No, outlining how they meet requirements for the position to:

The Human Resource Manager

Kenya Reinsurance Corporation Limited

P.O Box 30271,

00100 GPO NAIROBI

E-mail: [email protected]

Closing Date: 9th December 2024