Job Description
Job Description and Requirements
In this role, you will reconcile accounts payable and receivable, resolve discrepancies, and address outstanding balances. Monitor and manage outstanding accounts, proactively following up on overdue payments and coordinating with relevant stakeholders.
Key Duties and Responsibilities- Record receipts and payments of premium and claims monies in cashbook.
- Review and apply exchange rate of receipts to payments for non-banking currencies.
- Monthly reconciliation of bank accounts which are not handled directly.
- Liaise with brokers, cedants and third parties to obtain details as to allocate to correct receivable account.
- Maintain records of Cash on Account (COA) and follow up to clear within 60 days.
- Prepare the analysis of overdue ageing receivable report by premium and brokerage.
- Send monthly overdue ageing receivable reports to brokers.
- Compute the monthl...