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  • Posted: Jun 17, 2016
    Deadline: Not specified
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    Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports ...
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    Transaction Officer

    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.

     

    Qualifications

    JOB REQUIREMENTS

    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 Insurance Business
    • Business Ethics

    Additional Information

    • Only candidates that meets this requirement would be contacted.

    Method of Application

    To apply, visit Fosad Career Page

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