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14 Dec 2023

Finance Assistant at Zamara Kenya

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Job Description

Zamara is a financial services firm that primarily offers Actuarial Services, Pensions Administration and Consulting and Insurance Brokerage Services. Zamara has been in the Kenyan Market for over 23 years, initially operating as Hymans Robertson and more recently as Alexander Forbes. Working at Zamara offers our people the opportunity to work for a Truly Pan-African Financial Services firm.

Roles and responsibilities

  • Achieving Zamara’s ambitious strategic priorities will be complex and challenging. Its continued success will be dependent on building and retaining a world-class team. The Finance Assistant will provide support to the Finance team.
  • The role will report to the Senior Accountant.

In more detail, the areas of responsibility include:

Accounting

  • Premium Payment Processing: Processing premium payments to underwriters and ensuring timely follow-up on allocation and receipts.
  • Monthly Reconciliation: Reconciling underwriters’ withholding tax payments with the company’s ITax ledger.
  • Bookkeeping: Managing daily bookkeeping tasks related to client premiums and Group accounts.
  • Reporting Assistance: Supporting the preparation of Group reports using PowerPoint, Power BI, and Excel formats.
  • Bank Reconciliation: Conducting daily reconciliations of bank statements and ensuring daily follow-up on Unallocated amounts.
  • Supplier and Customer Reconciliations: Ensuring accuracy in reconciling accounts with suppliers and customers.
  • Audit Preparation: Assisting in the preparation for internal and external audits.
  • Invoice Processing: Verifying and processing invoices on E-tims after obtaining necessary approvals.
  • Tax Compliance Support: Assisting with monthly filing of VAT, excise duty, and weekly payments of withholding tax.
  • Commission Calculation: Accurately computing third party commission payments within relevant tax guidelines for review.
  • Client Account Reconciliation: Conducting weekly reconciliations of client accounts to ensure accuracy and consistency.

Client Relations

  • Resolve basic client queries and reconciliation issues in a timely manner.
  • Proactively foster cordial working relations with all stakeholders to enhance client satisfaction and service delivery.
  • Promote beneficial relationships between the company and the Underwriter to aid in claim settlements, especially when premiums are yet to be remitted to the Underwriter.

Professional Development

  • People skills
  • Develop technical knowledge through formal on the job training.
  • Identify potential process improvements and other inefficiencies and escalate to senior resources.


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 December. 2023





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