Financial Management Professional

5 days ago


Manama, Manama, Bahrain Arabia Insurance Company Full time

Job Description for Financial Management Professional

 

About the Role:

We are seeking a highly skilled Financial Management Professional to join our team at Arabia Insurance Company. As a Senior Accountant, you will play a crucial role in ensuring the accurate and timely recording of financial transactions, as well as the preparation of financial reports.

 

Key Responsibilities:

  • Abide by established departmental policies, procedures, and objectives.
  • Review receipts issued and check all documents relating to payments, including claims, workshops, hospitals, suppliers, providers, refunds.
  • Prepare Payment Vouchers and corresponding cheques.
  • Prepare journal vouchers, including expenses, special discounts, petty cash replenishment, receivable deposits.
  • Respond to queries received from the credit control team and technical teams.
  • Maintain an updated cheque register for undelivered cheques to third parties and workshops, and motor experts' fees.
  • Prepare journal entries related to branches and agencies.
  • Handle all filing related to your job.
  • Prepare reconciliations of accounts of clients, workshops & Insurance Companies, banks, and interbranch/intercompany accounts.
  • Update and maintain the fixed assets register.
  • Perform month-end closing of accounts procedure, including recording of prepaid expenses, depreciation, and accruals, and other closing entries.
  • Prepare monthly deduction vouchers for employees' accounts.
  • Maintain manual receipt books register and delivery information.
  • Verify and control manual receipt books received from agents and collectors.
  • Assist in the preparation of regulatory reports to concerned governmental bodies.
  • Prepare confirmation letters requests for banks and suppliers on a periodic basis.

 

Requirements:

  • Bachelor's degree in accounting or a related field.
  • 4 to 6 years of experience in accounting, preferably in the insurance industry.
  • Ability to work under pressure, with minimum supervision.
  • Detail-oriented and errorless delivery.
  • Mid-Senior level Seniority level Full-time Job function Accounting/Auditing and Finance Industries Insurance


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