04 May, 2021

Reinsurance Accountant

  • VINIRMA Consulting Pvt. Ltd.
  • Qatar
Full time Information Technology

Job Description

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, and
  • prepare 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 with Manual of Accounting.
  • Ensure all supplier accounts payable are reconciled timely and accurately in order to reflect the actual financial

Terms and conditions
Joining time frame: 2 weeks (maximum 1 month)

 Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at nishanthini.suda@vinirma.com

 

 

Nationality

Qatar

Years of Experience

5

Education

Bachelors

Required Languages

English

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