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Job Ref. No.    HRJIC643

Position:         Assistant Accountant-Treasury

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, General and Medical Insurance. Today, Jubilee is the number one insurer in East Africa with over 450,000 clients. Jubilee Insurance has a network of offices in Kenya, Uganda, Tanzania, Burundi and Mauritius. It is the only ISO certified insurance group listed on the three East Africa stock exchanges – The Nairobi Securities Exchange (NSE), Dar es Salaam Stock Exchange and Uganda Securities Exchange. Its regional offices are highly rated on leadership, quality and risk management and have been awarded an AA- in Kenya and Uganda, and an A+ in Tanzania. For more information, visit

We currently have an exciting career opportunity for Assistant Accountant-Treasury, Jubilee Health Insurance Limited. The position holder will report to the Accountant-Treasury & Controls and will be based at Head Office in Nairobi.

Role Purpose

To accurately process all payments within the agreed timelines

Main Responsibilities

  • Ensuring timely uploading of online payments for both MPESA and the Bank platform
  • Posting of payment transactions into the general ledger
  • Confirm electronic transfers/cheques clearance with the bank
  • Handle queries/complains of financial nature on the payments that have been made for agents, vendors and other departments
  • Reconciliation of payment control account
  • Preparation of monthly bank reconciliations & investigating any outstanding issues
  • Prepare payment vouchers for various parties-suppliers, service providers
  • Provide remittance advise for the payments processed and monitor bank accounts to ensure payments are up to date
  • Maintain confidentiality of organizational information
  • Assist in end month closure processes relating to treasury and investments
  • Prepare and provide relevant supporting documentation for internal and external audits
  • Miscellaneous duties as assigned by management

Key Competencies

  • Analytical Skills
  • Mathematical & Statistical Skills
  • Attention to detail
  • Verbal & written communication skills
  • IT Skills


  • Bachelor’s Degree in Accounting/Finance.
  • CPA-K
  • Insurance Diploma or COP will be an added advantage

Relevant Experience

  • Minimum of two years relevant experience in accounting.

How To Apply

If you are qualified and seeking an exciting new challenge, please apply via quoting the Job Reference Number and Position by 9th August 2021.

Only shortlisted candidates will be contacted.

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