About Us

CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.

We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.

Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.

CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.

About the Role

Reporting to the Group Head of Financial Controls and Governance, the role holder will be responsible for day to day transactional processes as well as periodic (monthly, quarterly and annual) financial closing procedures within the Account Payable functionality.

Key Responsibilities

• Ensure payments are made to suppliers consistently, accurately and within credit terms. This requires verification of supplier’s invoices against contract terms and other agreements(if any) before processing into the supplier’s ledgers.
• Review suppliers’ transactions for completeness and accuracy. This includes ensuring that suppliers invoices and the requisite supporting documentation is properly authorized for payment processing.
• Prepare suppliers invoices allocation schedules and ensure that operating expenses are allocated to the right cost centers based on the agreed allocation criteria.
• Prepare payment vouchers and follow up for prompt authorization.
• Set up, monitor and perform supplier reconciliations for major suppliers on a monthly basis.
• Prepare and maintain accruals and prepayment schedules.
• Support the monthly accounting closing process to ensure accurate and timely financials. This entails ensuring that end month accruals and prepayment journals are prepared and approved.
• Respond promptly to supplier queries on invoices and payments
• Maintain the vendor/supplier files and monitor the accounts to ensure payments are up to date.
• Prepare and process tax and statutory cheques/EFTs timely to avoid penalties.
• Prepare and disburse accounts payable cheques or upload payment transactions to the online banking platforms for approvals and subsequent release.
• Support internal and external audit processes. This will also include supporting compliance reviews and statutory reviews.
• Any other duty that may be allocated by the supervisor.

Who We’re Looking For

Essential Knowledge/Skills and Experience Required:

• Bachelor’s degree in a business-related field.
• 1 to 3 years relevant experience in a busy accounting office.
• Pursuing CPA certification with at least having passed the intermediate level.

• Ensure payments are made to suppliers consistently, accurately and within credit terms. This requires verification of supplier’s invoices against contract terms and other agreements(if any) before processing into the supplier’s ledgers.
• Review suppliers’ transactions for completeness and accuracy. This includes ensuring that suppliers invoices and the requisite supporting documentation is properly authorized for payment processing.
• Prepare suppliers invoices allocation schedules and ensure that operating expenses are allocated to the right cost centers based on the agreed allocation criteria.
• Prepare payment vouchers and follow up for prompt authorization.
• Set up, monitor and perform supplier reconciliations for major suppliers on a monthly basis.
• Prepare and maintain accruals and prepayment schedules.
• Support the monthly accounting closing process to ensure accurate and timely financials. This entails ensuring that end month accruals and prepayment journals are prepared and approved.
• Respond promptly to supplier queries on invoices and payments
• Maintain the vendor/supplier files and monitor the accounts to ensure payments are up to date.
• Prepare and process tax and statutory cheques/EFTs timely to avoid penalties.
• Prepare and disburse accounts payable cheques or upload payment transactions to the online banking platforms for approvals and subsequent release.
• Support internal and external audit processes. This will also include supporting compliance reviews and statutory reviews.
• Any other duty that may be allocated by the supervisor.

• Verification of supplier invoices against contract terms
• Processing invoices into supplier ledgers
• Reviewing supplier transactions for completeness and accuracy
• Ensuring proper authorization of invoices and supporting documentation
• Preparing supplier invoice allocation schedules
• Allocating operating expenses to cost centers
• Preparing payment vouchers
• Following up for payment authorization
• Setting up, monitoring, and performing supplier reconciliations
• Preparing and maintaining accruals and prepayment schedules
• Supporting monthly accounting closing processes
• Preparing and approving end-month accruals and prepayment journals
• Responding to supplier queries
• Maintaining vendor/supplier files
• Monitoring accounts for payment status
• Preparing and processing tax and statutory payments
• Preparing and disbursing accounts payable cheques
• Uploading payment transactions to online banking platforms
• Supporting internal and external audit processes
• Supporting compliance and statutory reviews

• Bachelor’s degree in a business-related field.
• Pursuing CPA certification with at least having passed the intermediate level.