CIC Insurance Group Cash Reconciliation Officer Jobs in Kenya

CIC Insurance Group Cash Reconciliation Officer Jobs in Kenya


  • Responsible for reconciling transactions to ensure correctness of all clients’ information.

    Primary Responsibilities

  • Identify unmatched transactions and make follow-up with the custodian and prepare reconciliation reports to the Fund Administrators and Investment dealers;

  • List unmatched accounts and to be remitted to the suspense accounts;

  • Review all daily transaction entries to verify the correctness and completeness of the captured data and advise on required actions;

  • Reconcile collection account and ensure that any wrong debit entries are rectified.

  • Reconcile the various funds’ daily cash balances between the Custodian and the in-house systems. (Administration and Fund Management System);

  • Prepare monthly reconciliation report of all the fund accounts and explain the variances;

  • File the monthly portfolio valuation reports for Fund Manager and Custody;

  • Work closely with Fund administrators, Investment dealers, Custodians and payment platform providers i.e. PesaLink;

  • Daily review of the suspense account and ensure transfer to clients’ accounts for reconciled entries.

  • Prepare weekly suspense position including the Aging analysis;

  • Prepare monthly reports for
    transactions at risk for submission to Unclaimed Financial Assets Authority (UFFA).

    Person Specification

    Academic Qualification

  • Bachelor’s Degree in relevant business field

    Professional Qualification

  • ACCA/CPA/CIFA (Added advantage)


  • Up to two (2) years’ relevant experience.

    Skills and Competencies

  • Computer literate in MS Office and other office applications.

  • Understanding of the working environment /competitors.

  • Technical competence in asset management operations.

  • Excellent communication and presentation skills.

  • Problem solving skills.

  • Excellent interpersonal skills.

  • Good analytical skills.

  • High attention to detail.

    How to Apply

  • For more information and job application details, see; CIC Insurance Group Cash Reconciliation Officer Jobs in Kenya

    Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

    Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

    Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to African Jobs.