Accountant

The ideal candidate will be involved with preparing financial reports and statements, bank reconciliations, and conducting cyclical audits. Moreover, the candidate must have strong interpersonal skills and possess a strong business acumen.

Responsibilities

• Prepare and manage all accounting transactions for Bahrain
• Preparing of standard Journal Vouchers to account the RI premium, RI claims, Adjustment and others.
• Preparing Adjustment Credit / Debit Notes, provision, prepayment entry into Jupiter system on quarterly basis
• Preparing Payment vouchers in Jupiter for Bahrain Business ( supplier, Vendor, Garages, Customer, Reinsurance , Broker or any corporate clients.
• Preparing manually CHQ payment to all supplier, Vendor, Garages, Customer, Broker or any corporate clients.
• Preparing Bank slips in all received CHQ from Broker and deposit them into account on daily basis.
• Preparing Bank Transfer payment through Banks
• Preparing of the reconciliation between GL and subsidiary ledgers
• Preparing of monthly customer statements outstanding amount and following up on outstanding debts
• Prepare reconciliation with Broker / Corporate customer for any discrepancies amount whenever needed
• Preparing all receipt voucher on daily basis
• Collecting all cash report daily basis from Underwriter team
• Following up with banks on direct deposits once maturity becomes due.
• Create new entity codes / Tag code into system ( Broker, Agent, customer, repairer …etc)
• Preparing all intercompany transactions that need to be booked into system.
• Ensure monthly reconciliation of premium, commission & claims and sign-off by authorized signatory.
• Performing monthly petty cash counts and ensuring it agrees to the TB and reimbursed amount.
• Preparing bank reconciliation on monthly basis
• Support on Handle monthly closing report that need to close month end.
• Maintaining filling system in to finance department include ( RV, PV, JV, FAV, …etc)
• Assist Regional CFO, Head of Finance UAE & Bahrain, and Finance manager in any adhoc request.

Qualifications

• Bachelor's degree in accounting, finance or related fields.
• CPA /CMA/ CIA/ ACCA/ MBA – Optional
• Minimum of 2 years of experience in the insurance sector

Key Competencies & Skills

• Ability to work effectively within a team environment
• Proficiency in Windows-based software, with strong Excel skills
• Arabic Speaker, Prefer Bahraini