Accountant

CIC Insurance Group

The CIC group has for more than three decades shouldered the risks of Kenyans by providing flexible Insurance and financial services built around their needs. With time, we have innovatively created customized products that have cemented our position as a trusted insurance and financial services provider. Our positioning is simplified and captured in our tagline “We Keep Our Word” reinforcing our commitment to the market.

In 2012 the group won The Annual Insurance Claims Settlement Award for consistently paying our claims on time and was also recently listed at the Nairobi Securities Exchange (NSE). With a compounded annual growth rate of 62% in the past 5 years, our unique M-Bima product has seen us emerge as leading providers of micro-insurance in Kenya.

With a total of 3,878 shareholders and a capital base of Ksh 2.1 billion and 1.3 Million clients, the group ranks among the most successful and fastest insurance company in Kenya and the leading co-operative insurer in Africa. We are also targeting to expand operations in the East and Central parts of Africa.
 

Sector
Business
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https://cic.co.ke/

Accountant

About the Role

The role holder will be responsible for preparing financial statements, performing account reconciliations, management of accounts receivables and accounts payables, maintaining the general ledger and assessing internal controls for CIC Pharmacy Insurance Limited.

Key Responsibilities

Reporting and Compliance:

  • Maintain accuracy and completeness of financial records
  • Ensure proper classification, coding and documentation of all transactions to the correct GL accounts and cost centers
  • Preparation of monthly management accounts and financial reports in line with financial reporting standards.
  • Maintenance of the asset register and confirm that it is in line with the company accounts and policies
  • Provide support to internal and annual audit processes by providing relevant schedules, listings and reconciliations as and when needed.
  • MIS Champion to the current systems and new systems implemented in the organization
  • Identification of areas of cost optimization within the business
  • Supervise pharmacy branch finance operations

Budgeting:

  • Capex and Operating expenses budgeting and forecasting.
  • Sales budgeting and forecasting.

Operations:

  • Accounts payable Management – Vendor Management, invoice processing, vendor reconciliations and statements and generation of ageing reports
  • Inventory management and stock control
  • Conduct scheduled stock takes and prepare relevant reports
  • Prompt Receipting and allocation of customer payments.
  • Preparing daily bank and Mpesa reconciliations and daily cash control reports.
  • Identify and support areas of automation to increase efficiency and customer satisfaction.

Who We’re Looking For

Essential Knowledge/Skills and Experience Required:

  • Bachelor’s Degree in Business or a related field.
  • Progress in professional Qualification in CPA, ACCA
  • Minimum of 2 years of experience.

Method of application

If you are interested and qualified, kindly submit your application via the link provided below,

https://careers.cicinsurancegroup.com/job/accountant/?utm_source=Jobinkenya

Deadline October 7, 2026

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