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Senior Accountant

Petra Insurance Brokers Dubai, United Arab Emirates
Posted 10 days ago Permanent Competitive
Senior Accountant
Job Description
  • 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
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