Account Reconciliation: Conduct monthly reconciliation of corporate client accounts, focusing on two major accounts per month to ensure accuracy and transparency.Journal Voucher Management: Pass journal vouchers for write-offs and rectify collection and billing errors to maintain financial accuracy.Claims Handling: Process all pending claims and returns on a weekly basis and on the 3rd of each month for the previous month to avoid delays and ensure timely resolution.Discrepancy Identification: Proactively highlight any discrepancies encountered while processing NHIF claims to the supervisor for resolution and further action.Account Reconciliation: Reconcile PeopleSoft accounts as allocated by the supervisor, including welfare, discounts, provisions, co-pay, maternity deposits, and other deposits to maintain financial accuracy and compliance.Confidentiality Maintenance: Safeguard the confidentiality and safe custody of internal and external clients' documents to uphold trust and compliance with privacy regulations.Enquiry Handling: Address any enquiries that may arise in accordance with stipulated policy guidelines to provide prompt and satisfactory resolutions to internal and external stakeholders.Client Service: Offer prompt and satisfactory services to both internal and external clients in line with established policies and procedures to foster positive relationships and enhance client satisfaction.Receipt Allocation: Allocate cheques received from corporate and individual clients accurately to ensure proper accounting and financial reconciliation.Credit Schedule Management: Update the unallocated credits schedule on a timely basis to track and manage corporate unallocated credits effectively and minimize financial discrepancies.

Collection and Receivables Responsibilities and Duties:1. Invoice Generation and Dispatch:Generate invoices accurately and promptly based on sales orders or services rendered.Ensure timely dispatch of invoices to customers via preferred channels (email, mail, or online portals).2. Payment Follow-Up:Conduct regular follow-ups on outstanding invoices to ensure timely payments.Communicate with customers via phone, email, or mail to remind them of payment obligations.3. Payment Processing:Receive and process payments from customers through various channels (cheques, bank transfers, credit card payments, etc.).Record payment details accurately in the accounting system and reconcile accounts accordingly.4. Collection Strategies:Develop and implement effective collection strategies to minimize overdue accounts and reduce bad debts.Analyze customer payment patterns and proactively address potential payment issues.5. Customer Communication:Maintain professional and courteous communication with customers regarding payment inquiries, disputes, and payment arrangements.Provide necessary documentation and information to resolve payment issues promptly.6. Aging Analysis and Reporting:Regularly review accounts receivable aging reports to monitor overdue accounts and prioritize collection efforts.Prepare and present reports on receivables status, aging trends, and collection performance to management.Credit Risk EvaluationComprehensive Financial Analysis:Conduct thorough financial assessments of borrowers, analyzing income sources, cash flow patterns, and debt obligations to determine repayment capacity.Utilize advanced financial modeling techniques to assess risk factors and quantify potential credit exposures.

☆Lead and manage a team of credit analysts, providing guidance and support.☆Evaluate complex loan applications and credit risks for higher-value transactions.☆Assess the financial health and viability of businesses and individuals seeking credit.☆Analyze intricate financial data, including cash flow statements and balance sheets.☆Develop and refine credit assessment methodologies and risk models.☆Collaborate with management to set credit policies and lending guidelines.☆Make recommendations on credit limits, terms, and interest rates for significant loans.☆Present detailed credit reports and risk assessments to senior management.☆Monitor economic and market trends to anticipate potential risks.☆Review and approve credit decisions made by junior analysts.☆Assist in training and mentoring junior analysts to enhance their skills.Interface with legal and compliance teams to ensure regulatory adherence.☆Provide expertise on complex credit cases and share insights with colleagues

■Evaluate loan applications to assess creditworthiness of members.■Analyze financial statements, credit reports, and other relevant data.■Determine the risk level and potential return of extending credit.■Calculate debt-to-income ratios and other financial metrics.■Verify collateral and assess its value in relation to loan requests.■Prepare detailed credit reports and present recommendations.■Set appropriate loan terms, interest rates, and repayment schedules.■Collaborate with loan officers and committees for decision-making.■Monitor existing loans for payment compliance and potential issues.■Identify trends and risks in the loan portfolio.■Stay updated on industry regulations and lending practices.■Provide guidance on credit-related policies and procedures.■Communicate with members regarding credit decisions and requirements

●Reconcile cash and financial records on a regular basis.●Prepare and maintain financial statements and reports.●Assist in the preparation of budgets and financial forecasts.●Update and maintain member account information.●Assist with auditing and compliance requirements.●Monitor and track member accounts for any discrepancies.●Assist in the preparation of tax returns and regulatory filings.●Collaborate with other departments to ensure accurate financial data.●Maintain confidentiality and security of financial information.

°Assist customer associates in processing member transactions such as deposits, withdrawals, and transfers.°Learn and familiarize yourself with the SACCO's products and services to provide basic information to members.°Help with member account inquiries and provide support in resolving issues.°Participate in account opening procedures under the guidance of experienced staff.°Shadow credit analysts to gain insight into loan application evaluations and credit risk assessment.°Assist in maintaining accurate and organized member records and documentation.°Learn about financial regulations and compliance procedures relevant to the SACCO.°Support marketing efforts by assisting in the promotion of SACCO products and services.°Observe and understand the day-to-day operations of the SACCO's different departments.°Contribute to the preparation of financial reports and statements.°Collaborate with other interns and staff members on special projects or initiatives.°Attend training sessions and workshops to enhance your understanding of the financial industry.°Take part in team meetings and discussions to learn about decision-making processes.°Continuously seek opportunities to learn and develop your skills in a real-world financial environment

*Assist members with their financial needs and inquiries.*Process various transactions such as deposits, withdrawals, and transfers.*Provide information about SACCO products and services to members.*Help with account opening and closing procedures.*Assist members in applying for loans and guide them through the process.*Promote SACCO offerings and recommend suitable financial products.*Maintain accurate and up-to-date records of member transactions and interactions.*Address and resolve member concerns and issues in a timely manner.*Conduct financial consultations and offer advice to members.*Ensure a positive and professional member experience at all times.