Bank Reconciliation Officer at Coronation Insurance Plc

Principal Duties & Responsibilities

• Ensure daily reconciliation of all bank accounts within the company
• Rendition of daily proofs of all operational GLs in the company
• Ensure prompt resolution of all outstanding items
• Ensure prompt submission of reports to Internal control and other stakeholders
• Ensure all GL entries are backed up with documentation and approvals
• Ensure documentation and schedules are promptly provided by relationship officers
• Ensure prompt posting of all sales recorded
• Work closely with underwriters, CPU and the sales team to ensure all identified variances are promptly resolved
• Reconciliation of all premium inflow into the accounts and sending periodic statements of accounts to brokers

Education and Work Experience

• Bachelor’s Degree in Insurance, Finance, Accounting or any related discipline.
• Professional certification such as CIIN, ACCA, ICAN or relevant qualification
• Minimum of 5-7 years relevant experience in the Insurance industry

Required Skills and Competencies

• Operations Management.
• Process Improvement.
• Strong knowledge of IFRS
• Excellent mathematical and statistical skills.
• Insurance principles and practices.
• Financial and Management accounting.
• Process Improvement.
• Product Knowledge.
• Organizational skills.
• Excellent time management skills.
• Strong Knowledge of underwriting, payments and collections.
• Understanding of Accounting.
• Understanding of the local and global financial services industry.
• Stakeholder Management.