Senior Accountant - Braxtone Group

Braxtone is looking for dynamic and resultsdriven Senior Accountant for our newly opened entity. The applicant must have experience in Insurance or Brokerage.

IMPORTANT NOTE: Only qualified candidates will be contacted for further steps.

Main Purpose of Job:

To handle the Insurance Broker companys financial procedures records and statements for compliance with the CBB and MOIC.

Key Responsibilities:

1. General accounting

Records and maintains all financial transactions

Prepares monthly quarterly and annual reports

Prepares annual Budgets and variance analysis

Accounts analysis

Preparation of VAT Reports

Preparation of IBR and other related financial reports for the CBB

Monitors intercompany accounts

Coordinate with Internal and External Auditor

Provide support to Finance Manager

2. Banking

Maintains bank accounts especially Client Money Account to comply with CBB requirements

Bank reconciliation

Maintains relationship with the bank relationship managers

3. Accounts Receivable

Maintain KYC

Issuance of debit notes/invoices

Reconciliation of customer accounts

Collection

Prepare weekly reports on Receivables collections aging etc.

4. Accounts Payable

Ensures that all insurance premium are paid to insurance companies on timely basis in compliance with CBB

Keep track of all payments and expenditures including invoices statements payrolls etc.

Scheduling of payments to ensure timely payments

Preparation of payments (cheques or transfers)

Preparation of weekly reports on payables

Qualification Skills and Experience:

At least 3 years of experience in similar or related position or prior industry experience

CPA or equivalent licensure preferred

Proficient in ERP systems or other accounting software

Knowledge of VAT and other Taxes in the GCC

Strong written and verbal communications

Multitasking

Outstanding knowledge of Computer applications.

Demonstrates ability to communicate the organizational strategic objectives and business targets.

Excellent problem solving analytical technical IT and numerical abilities

Job Type: Fulltime

Application Question(s):

• Do you have experience in Insurance or Insurance Brokerage

Experience:

• Accounting: 3 years (Preferred)

Application Deadline: 15/04/2024