Transaction Officer, Owerri at Fosad Consulting

JOB DESCRIPTION:

To facilitate the smooth running of General Business and Subsidiaries account (Payments) and other support functions within the team as the job demands.

PRIMARY INTERFACES

Internal: All Employees
External: Brokers, Agents, Insurance & re-insurance companies, Vendors, Service Providers,      Organisations and External Auditors

Responsibilities

• Preparation and payment of General Business Staff Commission.
• Monthly preparation of Staff performance.
• Preparation & payment of FPs Commission.
• Preparation & payment of FPs monthly ORC
• Preparation & payment of Agents and Brokers Commission
• Management of petty cash accounts for General Business and subsidiaries.
• Payment of Bills for subsidiaries and General Business via Gaps and issuing of cheques including claims
• Posting of vouchers on Premia 10 (Treasury deal slips, General Business payment vouchers and journal vouchers).
• Assist in reconciling of bank statements and cash book.
• Other functions as may be assigned.

Education & Experience

• B.Sc in Banking & Finance, Business Administration or any related field
• Minimum of 2 years’ experience.
• Professional qualification will be an advantage.

KEY COMPETENCY REQUIREMENTS

Competencies   

Skills & Knowledge

• Knowledge of Accounting and Finance
• Vast in accounting and credit control administration
• Understanding the customer
• Manages internal customer expectations effectively
• Communication skills
• Uses communication skills in a thorough and effective manner to manage own area of responsibility
• Management of Information
• Establishes and maintains data and information records which are sufficient for own purposes and which meet company, legal and regulatory requirements.
• Treating and Handling company and clients records and information with appropriate confidentiality at all times.
• Planning & Organising: Effectively and proactively plans, prioritises and organises caseloads in a way which allows for unexpected events and interruptions
• People Management: Establish and maintain good client relationships, internally, externally at all levels.
• Commitment to Excel: Challenges self and others to exceed standards and achieve extraordinary results; is not easily deterred when obstacles or delays are encountered.
• Analysis: Thinks through a situation systematically.
• Communication skills (English), spoken and written (Excellent)
• Analytical Skills (Moderate)
• IT skills ( Moderate)
• Business Writing (Moderate)
• Negotiation Skills (Moderate)
• Presentation skills (Moderate)

KNOWLEDGE

• Basic Knowledge of the Insurance business accounting (life and non-life)
• Knowledge of Cornerstone Insurance Business
• Business Ethics