Reconciliations Accountant at American International Group, Inc. (AIG)

  • Full Time
  • Nairobi

American International Group, Inc. (AIG)

  • Reporting to the Financial Controller, this role is responsible for reconciliation of accounts in line with the company’s policy and ensure that all financial transactions are recorded accurately. This includes reviewing financial records to identify discrepancies and prepare reports detailing the findings and recommend corrective action to prevent future errors. Driving clearance of open reconciling items will be a key performance indicator.


  • Reconcile and analyse general ledger and sub ledger accounts to source data and systems to ensure transactions are recorded accurately and account balances are accurately stated
  • Scrutinize data from various source systems, investigate discrepancies, and collaborate with business and finance operations teams to address differences, outstanding issues, and unusual balances
  • Prepare Excel templates needed for the analysis and reconciliation of complex accounts
  • Ensure reconciliations are compliant with company financial standards and procedures in terms of ageing profile and volume of open items
  • Providing analysis and commentary on any open items and liaise with relevant team members to actively investigate and resolve any unidentified differences in a timely manner
  • Active involvement in determining SLA’s for interdepartmental dependencies affecting clearance of open items in reconciliations
  • Responsible for reducing unexplained/unreconciled amounts and volumes month-on-month
  • Any other duty assigned by management

Audit & Compliance

  • Ensure adherence to audit requirementsEnsure adherence to regulatory and compliance requirements


  • Undergraduate degree in finance, accounting or related field
  • Professional qualification : CPA (K) or ACCA
  • Member of the Institute of Certified Public Accountants of Kenya (ICPAK)
  • Relevant insurance industry experience
  • Experience in performing bank reconciliations, balance sheet reconciliations, inter-company reconciliations and other financial transaction reconciliations
  • Strong communication skills (both written & oral) and interpersonal skills to effectively work with different departments
  • Strong analytical, planning and organization skills
  • Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment
  • Excellent spreadsheet skills (Excel)
    • Time Management: Ability to handle multiple priorities, organize work and meet deadlines
    • Attention to detail: Maintain accuracy of work
    • Communication: Effective communication skills at all levels of business
    • Strong team player

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