Sr. Accountant

Job Summary

The primary role of the Sr. Accountant is to support the functional activities in accounting and reporting. this will include receivables & payable accounting, general ledger, fixed assets, inventory, cash and banking accounting.

Job Responsibilities

• Prepare and submit monthly Accounts Receivable (AR) aging reports to the Finance Manager and generate/distribute customer account statements on a regular basis.
• Prepare provision reports and management reports to support financial analysis and decision making.
• Calculate, prepare, and process commission payments for Sales Representatives and Brokers.
• Perform monthly reconciliations, including customer and general ledger accounts, ensuring accuracy and timely resolution of discrepancies.
• Resolve customer queries, coordinate with relevant departments for timely issue resolution, and review motor insurance claim files for accuracy, completeness, and compliance with company procedures.
• Support month end and year end closing activities, including preparation of journal entries, accruals, and adjustments in line with accounting standards.
• Assist in the preparation of financial statements and schedules, ensuring compliance with IFRS 17 accounting standards and regulatory requirements.
• Coordinate with internal and external auditors by providing required documentation and explanations during audit reviews.
• Monitor and ensure compliance with internal controls, company policies, and relevant financial regulations where applicable.
• Maintain and update accounting records in Insurance Accounting systems, ensuring data integrity and accuracy across financial modules.

Candidate Requirements

•    Must have graduated in Accounting/Commerce and display good relevant accounting knowledge
•    A minimum of 3 years of experience working as an Accountant or Senior Accountant, preferably in a multinational environment.
•    Sound knowledge of accounting and internal controls. 
•    Analytical mind set with good problem solving and presentation skills.
•    Proficiency in MS office with hands on knowledge on ERP systems
•    Strong team orientation 
•    Strong communication skills in English, knowledge of Arabic will be an advantage