Assistant Accountant job at Britam
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305 Days Ago
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Vacancy title:
Assistant Accountant

[ Type: FULL TIME , Industry: Insurance , Category: Admin & Office ]

Jobs at:


Deadline of this Job:
13 October 2021  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Date Posted: Thursday, October 07, 2021 , Base Salary: Not Disclosed

Job Purpose and Key responsibilities
Job purpose
The role holder will be responsible for reconciliation of clients’ accounts and ensure queries from intermediaries are promptly responded.

Key responsibilities
• Cash flow management – Daily monitoring of customer accounts and ensure adherence to cash before cover policy, handle the collection of premiums and find the resolution of account queries.
• Customer retention and loyalty- Timely payment of commission
• Verification of premium payment before processing claim- No claim file not confirmed within 24 hours.
• Allocating daily receipts to all customer accounts
• Providing accounts information to internal departments
• Intermediaries reconciliation- No unreconciled balances more than 30 days Send monthly reconcile statement to intermediaries,
• Lease with underwriters daily on funds received with no debit for timely postings.
• Support all strategic initiatives that are in place which focus on premium collection and credit control issues for head office as well as for all the branches
• Ensure all customers and direct clients /Agency queries are responded immediately. Ensure all commission reports are reconciled and paid by 5th of every month, Ensure all outstanding statement are sent by 10th of every month.
• Regional cooperation, expansion & other assignments:- Ensure all regional queries on credit control issues are responded immediately and all reports required from receivables are prepared on time
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

Key Performance Measures
• Debtors ratio
• TAT for commission payment
• TAT for allocation of receipts
• TAT for reconciliation of intermediary balances

Working Relationships
Internal Relationships:
• Responsible to Senior Accountant – Credit Control
• Required to liaise and work closely with claims, underwriting & sales departments

External Relationships:
• Brokers, Agents, Banks and direct customers

Knowledge, experience and qualifications required
• Bachelor degree (Accounting and Business related options preferred)
• Knowledge of insurance regulatory requirements
• Knowledge of Britam products

Essential Competencies
• Learning and Researching: Rapidly learns new tasks and commits information to memory quickly; demonstrates an immediate understanding of newly presented information; gathers comprehensive information to support decision making at management level; learns from successes and failures and seeks colleague and customer feedback.
• Working with People: Shows respect for the views and contributions of other team members; shows empathy; listens, supports and cares for others; consults others and shares information and expertise with them; builds team spirit and reconciles conflict; adapts to the team and fits in well.
• Applying Expertise and Technology: Applies specialist and technical expertise; uses technology to achieve work objectives; develops job knowledge and expertise (theoretical and practical) through continual professional development; demonstrates an understanding of different organisational departments and functions.
• Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; exhibits high standards for quality and quantity; monitors and maintains own quality and productivity; works in a systematic, methodical and orderly way; consistently achieves projects goals.
• Following Instructions and Procedures: Follows procedures and policies; keeps to schedules; arrives punctually for work and meetings; demonstrates commitment to the organisation; complies with legal obligations and safety requirements of the role.
• Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; accepts diversity; display individual responsibility towards the community and the environment; models the organisational values during every day interactions.

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

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Job application procedure
Apply at: 
The deadline for submitting the application is 13 October 2021.

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Job Info
Job Category: Accounting/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 13 October 2021
Duty Station: Dar es Salaam
Posted: 07-10-2021
No of Jobs: 1
Start Publishing: 07-10-2021
Stop Publishing (Put date of 2030): 07-10-2065
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