Assistant Accounting Officer at Africa RE

Grade Level: Support Staff

Responsibilities

• The successful candidate shall report directly to the Assistant Director Finance & Administration (ADFA) of the Lagos, West Africa Regional Office and responsible for maintaining cedant account records and reconciling those on a regular basis.

Duties / Job Details
The main duties of the Assistant Accounting Officer shall comprise, amongst others, the following:

• Carryingout daily cash allocation of receipts and payments
• Reconciliation of cedant/broker accounts for the regional office
• Raising and posting of Journals arising from the reconciliation process
• Cash matching of receipts and payments with related reinsurance debtor transactions for assigned cedants
• Providing technical accounting support to the underwriting team in the maintenance, processing and reconciliation of cedant/broker accounts
• Engaging in collection of account balances due to the Corporation
• Reconciliation of retrocessionaires accounts
• Any other duties as may be assigned by the ADFA
• Attend to any other duties as may be assigned by Supervisors and the Corporation’s Management from time to time.

Qualifications and Professional Experience
Applicants shall be holders of:

• Higher National Diploma (HND) or First University Degree or equivalent in a relevant field plus a minimum of 3 years’ relevant work experience.
• Relevant work experience in a Technical Accounts department of a Reinsurance Company or an Insurance Company is a must;
• Relevant Professional Accounting Qualifications is required
• Relevant working exposure in a multicultural environment will be an added advantage.
• Relevant Professional qualifications will be added advantage

Additional:

• Able to communicate effectively (written and oral) in English Language
• Working knowledge of French Language will be an added advantage.

Main Competencies Required for this Position:

• Advanced knowledge of all aspects of General Accounting.
• Comprehensive knowledge of Insurance/Reinsurance environment.
• Detailed oriented and customer service focused.
• Ability to build relationships to ensure smooth business transactions.
• Good Presentation and reporting skills.
• Strong organizational skills with ability to manage, prioritize and effectively meet deadlines.
• Problem solving skills with capacity for taking initiatives.
• Reliable, Flexible, creative, with good reasoning and ability to multitask.
• Good knowledge of Oracle tools.
• Integrity and sense of responsibility.
• Comprehensive knowledge of Insurance/Reinsurance environment.
• Keen attention to detail with an ability to retain strategic direction.
• Ability to work without close supervision and within established timeframes
• Ability to multitask and manage change
• Excellent problem-solving skills (i.e., conceptual and analytical thinking).
• High level of Integrity.
• Proficiency in use of Microsoft Office: Word, Excel, PowerPoint, and knowledge of integrated business-related and accounting softwares will be an added advantage.

Salary & Benefits
The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Support Staff Grade Levels
• Variable pay (Annual Performance Bonus)
• Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
• Children education subsidy for each child up to 26 years (maximum 4 children)
• Medical cover for staff and dependents;
• Housing Allowance
• Inflation Adjustment Allowance that may increase or decrease depending on the economic situation.