Assistant Accounting Officer at Africa RE

Africa-Re hereby announces the vacancy for the position of Assistant Accounting Officer in the West Africa Regional Office (Lagos, Nigeria) on the Support Staff Grade level.

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:

• Carrying out 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
• Attend to any other duties as may be assigned.

MAIN COMPETENCIES REQUIRED FOR THIS POSITION

• Advanced knowledge of all aspects of General Accounting.
• 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.

MINIMUM QUALIFICATIONS AND  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 working exposure in a multicultural environment will be an added advantage;
• Relevant Professional qualifications will be an added advantage.