Payables Officer

Date Posted: June 10, 2021, 4:34 p.m.

Job Description

Job Description


Accounts Payable



Process internal payments e.g. Petty Cash, Utility Bills, Office Rents &

Staff Expenses within the credit period SLA (3 days)

Process staff Loans with SLA (3 days TAT)

Claims Payments (1 day TAT)

Process customer refunds within SLA (3 day TAT)

Process overrides by 15th of every month

Control accounts for payments as assigned (Monthly aging of control accounts)

Reconcile ledgers and posting of adjusting entries within the month end period (Monthly)

Timely submission of cash flow requirements to treasury for funding

Implementation of recommendations arising from previous internal and external audits

Suppliers Reconciliations by 30th of every month

Control Accounts reconciliations by 10th of every month



Right attitude




Attention to detail



Experience working in a busy financial company

Financial management

Excellent Computer packages knowledge

Knowledge of AX and Fortis Systems



Degree in Bachelor of Commerce Finance Option


How To Apply

Interested and qualified candidates should submit their applications to Old Mutual via their career portal using the link Old Mutual Careers

Apply for this Job Now

Related Jobs

Customer Service Officer - Mombasa

The incumbent will be responsible for enforcing underwriting controls in the branch including on-barding, certificates, booking of business, documentation, Implementing underwriting guidelines, processes and procedures to ensure quality underwriting and business, ensuring profitability of the branch through quality control and on-boarding, ensuring quality documentation, timely turn around and maintaining excellent customer service and retention support.

banking & insurance Nairobi, Kenya Mar/31/2022

Senior Supervisor Business Development – Corporate Public

The job holder will be responsible for meeting production targets, both new and renewal by generating new and maintaining business from all channels in all the regions.

banking & insurance Nairobi, Kenya Mar/19/2022

Business Development Officer-Health

This position is responsible for meeting healthcare business corporate production target, both new and renewal by generating business directly and from intermediaries and supporting the section with the required documentation

banking & insurance Nairobi, Kenya Mar/19/2022

Branch Manager

JOB PURPOSE Ensuring overall Branch Management, Staff Management, Business Growth and Development and Operational Excellence. This role also develops and implements business strategies to deliver performance and growth targets as well as maintain good business environment.

banking & insurance Nairobi, Kenya Feb/28/2022