Job Description
Job description: Finance Officer/Assistant Accountant
Our client, an insurance company established since 1970, operating across the island through a strong network of branches and accredited agents is looking for a Finance Officer/Assistant Accountant.
Join a professional team with a collective experience of over 120 years with its ethos being integrity, respect and high ethical sense.
Functions and Duties
- Prepare and maintain Cash Flow on daily basis.
- Monitor the processing of Invoices, Payments, Receipts, Debtors and Creditors control, Bank Reconciliation, deal with Customers and Agents etc.
- Monitor all payments for Claims, Commission to Agents, etc.
- Managing the Investment Portfolio of Life and General Businesses of the Company and ensure the optimum returns on investment income.
- Deal with Banks for financial matters, e.g., Deposits, Lodgements, Investments and Reconciliation matters.
- Prepare monthly Management Accounts.
- Maintain a proper filing system.
- Maintain a Fixed Assets Register for the Company.
- Prepare Statutory Returns e.g., MRA, TDS, RBS, MNS, CSO etc.
- Assist and advise Management in all financial matters – Cost/Benefit Analysis for any project etc.
- Prepare all Management Information Data and monitoring MIS.
- Prepare operating and financial review for Board Meetings.
- Prepare Annual Budget
- Prepare documents for the Audit Committee of the Board of Directors and assisting the Audit Committee as appropriate.
- Prepare Audit Files and assisting External Auditors.
- Preparation of Annual Financial Statements.
- Ensure adherence to improve existing controls and procedures.
- Ensure that all relevant Accounting Standards are adhered to.
- Reply to queries and correspondence to Financial Services Commission and other relevant institutions.
- Formulate strategic and long-term business plans.
- Research and reporting on factors influencing business performance.
- Analyse competitors and market trends, develop financial management mechanisms that minimize financial risk.
- Conduct reviews and evaluations for cost-reduction opportunities.
- Liaise with actuaries for appropriate reports and provisions to be made.
- To manage Treasury and Investment Portfolio.
- Perform any Accounting, Auditing, Administrative and other cognate duties.
Qualifications & Experience
- HSC holder + Min ACCA Level 2 or Degree in Accounting.
- At least 2 years of proven Accounting experience.
- Excellent IT skills with Microsoft Office. [very good level of excel required]
- Familiarity with bookkeeping and basic accounting procedures.
- Good communication and negotiation skills.
- Good planning and organizing skills.
- Good written and spoken English and French.
- Ability to perform filing and record keeping tasks.
- Team player with a good time management and interpersonal skills.
- Be able to work under pressure.
If you are willing to take up this exciting challenge, then, don’t wait. Apply Now!
Proactive reserves the right:
To call only the shortlisted candidates for interview.
Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate.