Reconciliations Accountant

Liberty Life Assurance Kenya is a life insurance provider that has been providing relevant products to Kenyans for over 50 years. Our purpose at Liberty is to make a difference in people’s lives by making financial freedom possible. We change realities and make freedom possible by providing innovative and relevant solutions that help our customers protect their greatest assets. Our diverse and flexible products include life insurance, investment solutions, education and retirement savings plans. We pride ourselves in putting the customers’ needs first. With a proud heritage of over half a century, Liberty Kenya has been a pioneer in knowledge sharing and making a significant contribution to the financial services industry. We continue to strive to change realities in Kenya because Liberty is not just our name; it’s what we do!

Job Summary

We are a leading Insurance company affiliated to Liberty Group; a wealth management company represented in 18 African countries. We have a solid employee value proposition in place, and we are proud to be among Kenya’s top 10 employers. We use our knowledge and action to guide our customers on their journey to financial freedom. We believe in responding to the changing consumer and market needs through innovative solutions and technologically efficient processes. To help us advance this goal, we are seeking a talented, self-motivated and skilled individual of high personal integrity to fill the position of Reconciliations Accountant.

Main Purpose

The Accountant Reconciliation is responsible to facilitate prompt and accurate preparation of various accounting reports and reconciliations to aid management reporting and decisions.

Key Responsibilities

• Preparation of bank reconciliations
• Preparation of general ledger account reconciliations
• Follow up to ensure that necessary requirements pertaining to payment requests are received
• Ensure that payments have been set up correctly and the system has been updated accordingly
• Bank accounts administration management & liaison with the bank representatives
• Preparation of detailed monthly expenses report and related commentaries
• Assist in reviewing and testing of financial system and related interfaces, support in systems automation & integration processes
• Review financial processes for improvement in financial controls & the implementation of greater operational efficiencies
• Assist in budgeting and planning process including forecasting
• Prepare and record journal entries and reconciliations and make necessary corrections to ensure the accuracy of our accounting system
• Compare application, system details and previous client details to ensure accuracy and to minimize risk of fraud
• Handle Audit queries
• To act as alternative disbursement/ payment officer
• Maintenance of Assets register calculation of depreciation and preparation of Assets movement schedule.

Qualifications

• Bachelors’ degree in a business related field which include Finance and Commerce.
• Professional accounting qualification such as CPA or ACCA.
• At least 3 years’ experience in the financial industry.