Receivables Accountant - Five Months
- Recruiter
- Brighter Monday
- Location
- Nairobi, Kenya
- Salary
- Competitive salary
- Posted
- 12 Oct 2019
- Closes
- 12 Nov 2019
- Ref
- 1925047552
- Job role
- Accountant
- Sector
- Accounting - Public practice
The role holder will be responsible for ensuring timely allocation of funds received and payment of commissions to the respective intermediaries.
Job Description
- Minimum Qualification: Bachelor
- Experience Level: Entry level
- Experience Length: 1 year
Job Description
- Allocate all legacy open items of premium receipts, Commission payment, refunds and small balances written off
- Advise Underwriters to debit or intermediaries to share allocation schedules
- Engage with colleagues in AR/CPS for prompt receipting of bank open items.
- Posts customer payments by recording cash, cheques, Mpesa and credit card transactions.
- Updates receivables by totaling unpaid invoices.
- Maintains records by microfilming invoices, debits, and credits.
- Verifies validity of account discrepancies by obtaining and investigating data;
- Resolves valid or authorized deductions by entering adjusting entries.
- Resolves invalid or unauthorized deductions by following pending deductions procedures.
- Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.
- Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report.
- Protects organization's value by keeping information confidential.
- Updates job knowledge by participating in educational opportunities.
- Accomplishes accounting and organization mission by completing related results as needed.