About Us

CIC Insurance Group is a leading insurance and financial services organization with over five decades of experience supporting individuals, families, cooperatives, SMEs, and corporates to achieve financial security.

The Group offers a diversified portfolio spanning general insurance, life assurance, microinsurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and is 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 clients, regulators, partners, and communities. CIC is committed to innovation, digital transformation, and prudent risk management to deliver sustainable value across its markets.

About the Role

Reporting to the Head of Finance, the Assistant Accountant – Life Assurance (Uganda) will support the Finance Department in maintaining accurate financial records, processing transactions, and assisting in financial reporting while ensuring compliance with company policies and statutory requirements.

PRIMARY RESPONSIBILITIES:

Financial Accounting & Reporting

• Prepare and post journal entries in the accounting system
• Maintain and reconcile general ledger accounts
• Assist in preparation of monthly, quarterly, and annual financial statements
• Support month-end and year-end closing processes
• Maintain accurate and organized accounting records and files

Reconciliations & Controls

• Perform bank, cash, supplier, and customer reconciliations
• Investigate and resolve accounting discrepancies and variances
• Support implementation and adherence to internal controls

Accounts Payable & Receivable

• Review and process supplier invoices and payments
• Monitor receivables and support debt collection activities
• Ensure accurate aging analysis for payables and receivables

Statutory & Regulatory Compliance

• Assist in making payments of statutory returns (e.g. VAT, Withholding Tax)
• Support tax computations and compliance requirements
• Maintain statutory records and documentation

Budgeting & Cost Control

• Assist in budget preparation and monitoring
• Track expenditures against approved budgets
• Flag variances and recommend corrective actions

Audit & Risk Management

• Prepare audit schedules and support internal and external audits
• Respond to audit queries in a timely manner
• Support risk identification and mitigation within finance operations.

Who We’re Looking For

Academic & Professional Qualifications

• Bachelor’s degree in Accounting, Finance, or Business Administration
• Master’s degree is an added advantage.
• Professional qualification: Progress in Professional accounting courses (CPA/ACCA) is an added advantage.

Experience

• Minimum of 2 years’ relevant experience,

Key Competencies

• Strong numerical and analytical skills
• Attention to detail and high level of accuracy
• Knowledge of basic accounting principles
• Proficiency in accounting software and MS Excel
• Good organizational and time management skills
• Integrity and confidentiality
• Ability to work independently and as part of a team

Our Values

CIC Insurance Group is guided by the following core values:

• Trust & Integrity: We keep our word
• Human-Centered Innovation: We pioneer solutions that transform lives
• Resourceful Collaboration: We achieve the impossible together
• Inclusive Impact: We create prosperity for every community
• Velocity & Excellence: We deliver exceptional results with momentum
• Enduring Cooperative Spirit: We anchor our heritage while building the future

• Prepare and post journal entries in the accounting system
• Maintain and reconcile general ledger accounts
• Assist in preparation of monthly, quarterly, and annual financial statements
• Support month-end and year-end closing processes
• Maintain accurate and organized accounting records and files
• Perform bank, cash, supplier, and customer reconciliations
• Investigate and resolve accounting discrepancies and variances
• Support implementation and adherence to internal controls
• Review and process supplier invoices and payments
• Monitor receivables and support debt collection activities
• Ensure accurate aging analysis for payables and receivables
• Assist in making payments of statutory returns (e.g. VAT, Withholding Tax)
• Support tax computations and compliance requirements
• Maintain statutory records and documentation
• Assist in budget preparation and monitoring
• Track expenditures against approved budgets
• Flag variances and recommend corrective actions
• Prepare audit schedules and support internal and external audits
• Respond to audit queries in a timely manner
• Support risk identification and mitigation within finance operations.

• Strong numerical and analytical skills
• Attention to detail and high level of accuracy
• Knowledge of basic accounting principles
• Proficiency in accounting software and MS Excel
• Good organizational and time management skills
• Integrity and confidentiality
• Ability to work independently and as part of a team

• Bachelor’s degree in Accounting, Finance, or Business Administration
• Master’s degree is an added advantage.
• Professional qualification: Progress in Professional accounting courses (CPA/ACCA) is an added advantage.