<p><strong><br />Main Purpose of Job:</strong></p>
<p>To handle the Insurance Broker company’s financial procedures, records and statements <br />for compliance with the CBB and MOIC.<strong><br /><br />Responsibilities:</strong></p>
<p><strong>1. General accounting</strong></p>
<ul type="disc">
<li class="x_MsoListParagraph">Records and maintains all financial transactions.</li>
<li class="x_MsoListParagraph">Prepares monthly, quarterly and annual reports.</li>
<li class="x_MsoListParagraph">Prepares annual Budgets and variance analysis.</li>
<li class="x_MsoListParagraph">Accounts analysis.</li>
<li class="x_MsoListParagraph">Preparation of VAT Reports.</li>
<li class="x_MsoListParagraph">Preparation of IBR and other related financial reports for the CBB.</li>
<li class="x_MsoListParagraph">Monitors intercompany accounts.</li>
<li class="x_MsoListParagraph">Coordinate with Internal and External Auditor.</li>
<li class="x_MsoListParagraph">Provide support to Finance Manager.</li>
</ul>
<p><strong>2. Banking</strong></p>
<ul type="disc">
<li class="x_MsoListParagraph">Maintains bank accounts especially Client Money Account to comply with CBB requirements</li>
<li class="x_MsoListParagraph">Bank reconciliation</li>
<li class="x_MsoListParagraph">Maintains relationship with the bank relationship managers</li>
</ul>
<p><strong>3. Accounts Receivable</strong></p>
<ul type="disc">
<li class="x_MsoListParagraph">Maintain KYC.</li>
<li class="x_MsoListParagraph">Issuance of debit notes/invoices.</li>
<li class="x_MsoListParagraph">Reconciliation of customer accounts.</li>
<li class="x_MsoListParagraph">Collection.</li>
<li class="x_MsoListParagraph">Prepare weekly reports on Receivables, collections, aging etc.</li>
</ul>
<p><strong>4. Accounts Payable</strong></p>
<ul type="disc">
<li class="x_MsoListParagraph">Ensures that all insurance premium are paid to insurance companies on timely basis in compliance with CBB.</li>
<li class="x_MsoListParagraph">Keep track of all payments and expenditures including invoices, statements, payrolls etc.</li>
<li class="x_MsoListParagraph">Scheduling of payments to ensure timely payments.</li>
<li class="x_MsoListParagraph">Preparation of payments (cheques or transfers).</li>
<li class="x_MsoListParagraph">Preparation of weekly reports on payables.<br /><br /></li>
</ul>
<p><strong>5. Other accounting tasks that may be assigned from time to time</strong></p>
<p><strong><br />Qualification Skills and Experience:</strong></p>
<ul type="disc">
<li class="x_MsoListParagraph"><strong><span class="ui-provider ee axu axv axw axx axy axz aya ayb ayc ayd aye ayf ayg ayh ayi ayj ayk ayl aym ayn ayo ayp ayq ayr ays ayt ayu ayv ayw ayx ayy ayz aza azb" dir="ltr">At least 3 years experience in Insurance Company or Insurance Brokerage.</span></strong></li>
<li class="x_MsoListParagraph">CPA or equivalent licensure, preferred.</li>
<li class="x_MsoListParagraph">Proficient in ERP systems or other accounting software.</li>
<li class="x_MsoListParagraph">Knowledge of VAT and other Taxes in the GCC.</li>
<li class="x_MsoListParagraph">Strong written and verbal communications.</li>
<li class="x_MsoListParagraph">Multi-tasking.</li>
<li class="x_MsoListParagraph">Outstanding knowledge of Computer applications.</li>
<li class="x_MsoListParagraph">Demonstrates ability to communicate the organizational strategic objectives and business targets.</li>
<li class="x_MsoListParagraph">Excellent problem solving, analytical, technical, IT and numerical abilities.</li>
</ul>
<p> </p>
<p>To apply, please email your updated CV to <a href="mailto:career@braxtone.com">career@braxtone.com</a> with the subject line "Senior Accountant".</p>
<p>Selected candidates will be notified for further step.</p>