Job Categories
Job Title
Reinsurance Accountant
Company: Vinirma Consulting Pvt Ltd.
Category
Finance & Accounting
Job Description
VINIRMA Consulting Pvt. Ltd. is a 360° Human Resource Management Consulting and Staffing Services Organization.
VINIRMA Consulting is currently looking for Reinsurance Accountant for one of its clients which is a Business Consulting, IT Solutions and Services Company in Qatar with the following skill set and terms and conditions.
ROLE PURPOSE:
The Reinsurance Accountant will assist with processing of invoices and claims for Insurance and Reinsurance department.
KNOWLEDGE & EXPERIENCE:
- Must have a University degree in Accounting or Finance such as B.S in Accounting/ B.Com etc
- Must have a minimum of 10-12 years of experience in Insurance Accounting or a similar domain
SKILLS & COMPETENCIES:
- Insurance Accounting
- English Language Skills
- Computer Skills
- Policies, Procedures & Work Methods Knowledge
- Communication Skills
- Planning & Organizing Skills
- Oracle Payables
KEY ACCOUNTABILITIES:
Description
- Reinsurance Accounting.
- Monthly review of accounting entries made by the Reinsurance department.
- Review of quarterly financial performance.
- Financial reporting including the intercompany quota share.
- Provide information required by the Reinsurance department for compliance and regulatory purposes.
- Develop existing accounting and transactional templates to assist the onboarding for new business.
- Obtaining an understanding of each accounting function.
- Perform walkthroughs of and document clients accounting processes and controls.
- Prepare ad-hoc analyses and financial reports as required by the CFO.
- Identify, verify and process regular accounts, commutation accounts, cash losses, profit & loss calculations as well as year-end related.
Accounting
- Verify invoices and supporting documentation and process all payments related to vendors and service providers, accurately, on time and in line with agreed payment terms.
- Check calculations against approved invoices to ensure payments are in line with purchase orders or contractual terms and conditions.
- Ensure all vendor accounts payable are reconciled in a timely manner to reflect the accurate payment status.
- Maintain a high level of customer service in accordance with Service Level Agreements and provide consistent,timely and accurate delivery of accounts payable services to clients through managing and conducting daily operational activities.
- Undertake the preparation and posting of Accounts Payable accounting records, as well as undertake routine accounting entries and transactions.
- Maintain the records of accounts payable by filing all source documents and system generated reports, andprepare reports and other documentation for management when requested.
Invoices
- Ensure the timely and accurate accounting of all payables (commissions, credit notes, and rebates) in accordance withManual of Accounting.
- Ensure all supplier accounts payable are reconciled timely and accurately in order to reflect the actual financial status.
Terms and
conditions
Joining time frame: 2 weeks (maximum 1 month)
Location
Colombo
Skills Required
Not selected!Availability
Monday Tuesday Wednesday Thursday Friday Saturday
Preferred Languages
English
Work Experience
10+ Years