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Job Summary

Job Title:
Senior Accountant
Employer:
Africa Merchant Assurance Company (AMACO)
Location:
Nairobi, Kenya
Country:
Kenya
Contract Type:
Full Time
Job Category:
Accounting and Finance Jobs in Kenya
Number of Positions:
1
Deadline:
Friday, 20 June 2025

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Senior Accountant job at Africa Merchant Assurance Company (AMACO) | Apply Now

Nairobi, Kenya

Full Time

Are you looking for Accounting jobs in Kenya 2025 today? then you might be interested in Senior Accountant job at Africa Merchant Assurance Company (AMACO)

Deadline: 

20 Jun 2025

About the Organisation

Africa Merchant Assurance Company is a dynamic and well-established general insurance provider in Kenya. Known for its innovation and customer-centric approach, AMACO delivers high-quality insurance solutions designed to meet the diverse needs of its clientele. The company is committed to excellence, integrity, and continuous improvement in all aspects of service delivery.

Job Title

Senior Accountant job at Africa Merchant Assurance Company (AMACO)

Africa Merchant Assurance Company (AMACO)

Job Description

This is a full-time, senior-level position based in Nairobi. The successful candidate will manage the financial accounting, monitoring, and reporting systems. They will ensure compliance with regulatory bodies, oversee reinsurance accounting, facilitate audits, and contribute to the budgeting process. They will also support risk and compliance functions and ensure strong partnerships with internal and external stakeholders, including suppliers, auditors, and regulatory agencies.

Duties, Roles and Responsibilities

  • Oversee financial accounting, monitoring, and reporting systems.

  • Manage the treasury function, including cash flow for operational requirements.

  • Conduct reinsurance accounting and monthly reconciliations.

  • Develop, review, and enhance financial policies and SOPs.

  • Ensure implementation and compliance with accounting standards.

  • Collaborate with the ICT team to ensure system accuracy and integrity.

  • Guarantee compliance with regulatory bodies such as IRA, KRA, UFAA.

  • Serve as the risk champion within the finance department.

  • Lead and coordinate the annual budgeting process with departmental heads.

  • Supervise the expenditure process to ensure budget adherence.

  • Maintain strong relationships with suppliers, auditors, banks, and regulators.

  • Assist in preparing Board papers and advising on financial and compliance matters.

  • Coordinate external audits with auditors, actuaries, and tax advisors.

  • Implement and benchmark best practices.

  • Perform any other related duties for operational efficiency.

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SERVICES

COMMERCIAL

SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

Qualifications, Education and Competencies

Academic Qualifications:

  • Bachelor’s Degree in Business Administration, Finance, Accounting, or a related field.

Professional Qualifications:

  • CPA K or ACCA certification.

Experience:

  • Minimum of six (6) years of relevant experience.

  • Insurance industry experience is mandatory.

Skills and Competencies:

  • Strong communication and interpersonal skills.

  • Team leadership and process improvement skills.

  • Solid understanding of reinsurance practices.

  • Analytical and problem-solving skills.

  • Financial planning and strategic thinking.

  • Industry awareness and regulatory compliance knowledge.

  • Strong attention to detail and a passion for customer service excellence.

  • High levels of integrity, ownership, and commitment.

How to Apply

ONLY ONLINE APPLICATIONS:

Interested candidates are advised that all applications should be submitted online;

To apply please click the “Apply” button below.

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