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10 Nov 2023

Finance Assistant Reconciliations at Kenindia Assurance Company Limited

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Job Description

Kenindia Insurance Ltd, was established as merger of Indian Insurance Companies operating in Kenya to form a vibrant joint venture with moral and financial support from leading local business elite on 6th December 1978.

Main Purpose of the Job- (Job Summary)

Reconciliation of bank statements, petty cash management, Branch and Head Office ledger reconciliations in line with the departmental objectives

Main Responsibilities 

  • Reconciling of cashbook and bank statements on a monthly basis.
  • Passing of branch journal vouchers and following up of reconciling items
  • Maintaining of Head Office petty cash
  • Monitoring and reviewing of all branches petty cash and verification of their expenditure.
  • Preparing of all Branch and Head Office reconciliations.
  • Passing of journal entries for Branches and Head Office after reconciliations
  • Receiving, viewing and filing of all weekly and daily returns in the Branches.
  • Coordinating with Branch Accountants and Branch Managers in relation to unpaid cheques and Mpesa paybill statement on a daily basis.
  • Preparations of weekly turn around times (TAT) for Head Office disbursement accounts, Legal and Branch accounts disbursement on a weekly basis.
  • Any other duties assigned

Job Specifications

Relevant Experience

  • At least 1 year of relevant experience

Academic Qualifications

  • Undergraduate degree in Finance

Professional Qualifications

  • Certified Public Accountant (Kenya)
  • ACCA

Key Job Skills (specific to the job)

  • Financial Literacy
  • Analytical Skills

Insurance Skills (special Category)

  • N/A

General Skills (Generic)

  • Communication Skills
  • Interpersonal Skills
  • Customer Service
  • IT skill (fluency)

KCA Competencies/Behaviours

  • Integrity
  • Reliability
  • Transparency
  • Professionalism
  • Teamwork
  • quality


Method of Application

Submit your CV, copies of relevant documents and Application to  [email protected]
Use the title of the position as the subject of the email

Closing Date : 15 November. 2023





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