Job Description

Senior Accountant


• Monitor and evaluate the accounts team in a division that fosters expansion and looks after funds and connections with insurance providers.
• Work closely with the stakeholders to drive high-quality month-end closure within strict deadlines.
• Identify and understand the strategy, put the finance handbook into practice, and help create and apply internal controls.
• Coordinate with external & internal auditors and ensure timely closure of audits.
• Responsible for ensuring compliance with VAT laws and filing of returns and also expertise in submitting reports for the Insurance authority & Central Bank of UAE.
• Manage Banks, Monthly Bank reconciliations and ensure timely payments of expenses (Planned as per cash flow position)
• Preparation of payment proposal, making payments and allocations of policies accordingly and payment for the commission of sub-brokers (Both life & General)
• Quarterly closing of accounts along with a reconciliation of insurance companies.
• Post invoices for Life Accounts and maintain reserve accounts for life agents.
• Gratuity / Accruals / Depreciation schedule will be the responsibility.



Requirements


• Deep understanding of the company's financial goals and find effective ways to meet those goals
• Motivator and self-starter
• Building further insurance company relationships
• Presentation skills that address new initiatives, strategies, action plans
• Implementation/project management skills
• Proactively seeing a gap in the process and correcting it
• Entrepreneurial skills
• Negotiation Skills
• Excellent communication skills
• Technology savvy with the latest in technology apps that help businesses be more efficient i.e. Loom
• Organizing/Preparing for Management Meetings - prepare agenda, minutes and monitor subsequent action points
• Management/Leadership
• Use analytical skills when writing contracts, creating budgets and forecasting profit and loss.
• Decision making
• In depth knowledge and practice in all MS Office programs.
Job ID 669258000004963006