Jobs Career Advice Post Job
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

Oops! It seems this job from Old Mutual Kenya has expired
View current and similar jobs using the button below
  • Posted: Jun 2, 2023
    Deadline: Jun 16, 2023
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company

     

    Operation Officer-Reconciliation (Faulu MFB)

    Job Description

    • This role is responsible for reconciling bank, alternative delivery channels and control accounts, remitting insurance premium, deposit confirmations.

    Reconciliations

    • Reconcile bank, alternate delivery channels (ADC) and other control accounts.
    • Ensure that all settlements for transactions through various channels have been made, transfers to respective GLs and bank charges are posted.
    • Ensure reconciling items are investigated and resolved.
    • File monthly bank and agency reconciliation reports/statements.
    • Confirmation & Monitoring of deposits
    • Daily monitoring of deposits made via third party accounts.
    • Updating branches on any unposted items.
    • Bankers /Outward cheques monitoring and banks confirmations.
    • Client Insurance Fund and Last Expense remittances
    • Accurate reconciliation of premiums and resolution of any variances.
    • Client insurance fund remittances to insurers.
    • Last expense remittances.
    • Computations and advising on any unutilized credit life premiums.
    • Anti Money Laundering Policy
    • Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO).
    • Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable during reconciliations and confirmation of incoming funds.

    Reporting

    • Preparation of ageing reports.
    • Preparation on other assets and liabilities schedules.
    • Bancassurance reporting – preparation of schedules of Credit Life, Client insurance fund and Last Expense products.
    • Other Roles & responsibilities
    • Liaising with internal and External Auditors in carrying out periodical and Year end Audits respectively.
    • Preparation of ad hoc or special purpose management reports.

    Minimum Qualifications/Experience (Required for The Job)

    • Degree in Business related Studies and/or CPA (K) /ACCA.
    • Experience in working with spreadsheets.

    Competencies Required

    • Demonstrate management abilities.
    • Analytical.
    • Confident.
    • Integrity.
    • Diligent.
    • Attention to detail.
       

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at Old Mutual Kenya Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail