The job holder is responsible for supporting the Credit Control & Payables Management in ensuring that Cash Controls for Credit Control systems and controls for Balancing of Daily Cash Posting to the general (GL) are consistently applied. Manage the day-to-day credit control activities of the company by scheduling jobs and delegating duties to assistants, logging collections, maintaining financial records. Effectively communicate with internal and external counterparts and maintain a positive working relationship. Review accounting functions; administer compliance, accounting documents and ledgers. Strictly follow Company’s credit policy and fully complied with guidelines.

▪ Supervise, train and develop associates to ensure they are fully aligned with all internal protocols.

▪ Manage Reconciliation team on a daily basis and assist them on recon, collection, RI settlements.

▪ Monitoring Insurance and reinsurance account details for non-payments, delayed payments and other irregularities

▪ Review recons each month/Qtrly and explain plan of action for resolving all variances.

▪ Review monthly reconciliation for specific balance sheet accounts. Accounts to be reconciled include Accounts Receivable, Inter-company Finance Charges and Customer Refund

▪ Ensure timely RI settlement when a premium under a RI driven policy is partially &/or fully collected.

▪ Ensure that entries relating to inter-company cash transfers are posted properly.

▪ Supervise credit control processes and procedures to ensure quality and efficiency.

▪ Ensure that daily transaction information balances with AR upload information and GL postings.

▪ Assist with preparation of information/data for external auditors in the annual audit of the financial records, as needed

▪ Review journal entries, preparation and review of Balance sheet and Bank reconciliations.

▪ Support in preparation and reporting of Management Reports.

▪ Supports in monthly accounting close cycle.

▪ Supervises all month-end and year-end accounting procedures including preparation and entry of journal entries for Credit Control systems.

▪ Maintains regular contact with other departments / external clients to obtain and convey information and/or to correct transactions.

▪ Keeps management informed of area activities and of any significant problems.

▪ Attends and participates in meetings as required.

▪ special projects and miscellaneous assignments as required

▪ Other duties as assigned.

▪ Regular visit to insurance companies and brokers to monitor progress on recons.

▪ Monthly reconciliation and settlement of broker commission.

▪ Assist CCM for monthly closing activities.

▪ Any adhoc tasks that the CCM assigns time to time.

Audit: Coordinate with external Auditors and provide required documents for timely completion of audit.