Key Responsibilities
- Reconciles various accounts and financial summaries to external documentation and internal control accounts; identifies and resolves anomalies and queries.
- Checks the accuracy of the account codes relating to financial documentation and resolves coding queries; where appropriate, recommends the establishment of additional codes and queries to facilitate accurate processing and recording of financial information and the generation of appropriate reports.
- Reviews and checks accounting documentation to ensure accuracy before submitting for authorisations and account reconciliations.
- Prepares and/or reviews payment documentation for accuracy and to ensure that expenditures are authorized. Processes them for payment.
- Reviews member subscription payments and prepares monthly schedule of lapsed payments for follow up.
- Organises the day-to-day activities of the section, communicates expectations, allocates duties and provides guidance in accordance with accounting deadlines and schedules, workload, procedures and priorities.
- Tracks, checks and reviews performance, then provides feedback to ensure adherence to accounting standards, systems and procedures and timetables, and accuracy of all entries. Ensures regulatory compliance.
- Takes full responsibility for the welfare, discipline and engagement of staff.
- Checks the accuracy of payments related input by Payments Assistant and initiates corrective action.
- Prepares Scheme Reports according to agreed Service Level Agreements (SLA), submits same to Team Leader for approval.
- Checks the arithmetic accuracy of input batches for processing into the computer; checking and verifying audit reports and control accounts against original data and resolves emerging queries.
- Resolves internal and external accounting queries in accordance with level of competence and authority to ensure accuracy of information and minimise internal/external customer and audit queries.
- Provides technical guidance, as and when the need arises.
- Ensures that all payments related information is entered into the accounting system and records are well maintained to facilitate payments.
- Ensures confidentiality and security of data. Engages relevant parties to resolve any presenting issues.
- Provides specific, factual and correct progress or feedback to affected internal or external stakeholders.
- Assists in the preparation of monthly management accounts and financial reports and conducts analysis of financial information as directed.
- Contributes to month-end and year-end financial closing processes.
- Provides support in analysing financial data and preparing ad-hoc reports as required.
Minimum Job requirements:
Qualifications
- Degree in accounting or related
- Studying towards a professional qualification in accounting
- BICA membership is required
Experience:
- A minimum of 2 years’ experience in computerized accounting.
- External audit experience required, preferably in the medical schemes industry.
- Experience in managing performance will be desirable.
Closing date: September 12, 2024