Job Description

The job holder is responsible for supporting the Credit Control & Payables Management in ensuring that Cash Controls for Credit Control systems and controls for Balancing of Daily Cash Posting to the general (GL) are consistently applied. Manage the day-to-day credit control activities of the company by scheduling jobs and delegating duties to assistants, logging collections, maintaining financial records. Effectively communicate with internal and external counterparts and maintain a positive working relationship. Review accounting functions; administer compliance, accounting documents and ledgers. Strictly follow Company's credit policy and fully comply with guidelines. Supervise, train and develop associates to ensure they are fully aligned with all internal protocols. Manage Reconciliation team on a daily basis and assist them on recon, collection, RI settlements. Monitor Insurance and reinsurance account details for non-payments, delayed payments and other irregularities. Review recons each month/Qtrly and explain plan of action for resolving all variances. Review monthly reconciliation for specific balance sheet accounts. Accounts to be reconciled include Accounts Receivable, Inter-company Finance Charges and Customer Refund. Ensure timely RI settlement when a premium under a RI driven policy is partially &/or fully collected. Ensure that entries relating to inter-company cash transfers are posted properly. Supervise credit control processes and procedures to ensure quality and efficiency. Ensure that daily transaction information balances with AR upload information and GL postings. Assist with preparation of information/data for external auditors in the annual audit of the financial records, as needed. Review journal entries, preparation and review of Balance sheet and Bank reconciliations. Support in preparation and reporting of Management Reports. Support in monthly accounting close cycle. Supervise all month-end and year-end accounting procedures including preparation and entry of journal entries for Credit Control systems. Maintain regular contact with other departments / external clients to obtain and convey information and/or to correct transactions. Keep management informed of area activities and of any significant problems. Attend and participate in meetings as required. Special projects and miscellaneous assignments as required. Other duties as assigned. Regular visits to insurance companies and brokers to monitor progress on recons. Monthly reconciliation and settlement of broker commission. Assist CCM for monthly closing activities. Any adhoc tasks that the CCM assigns from time to time. Audit: Coordinate with external Auditors and provide required documents for timely completion of audit. Desired Candidate Profile

QUALIFICATIONS - Bachelor's Degree RELEVANT CERTIFICATIONS (either required or preferred) NA YEARS & NATURE OF EXPERIENCE 4 to 6 years of experience LANGUAGE REQUIREMENTS Full professional proficiency in English Language #J-18808-Ljbffr