Assistant Accounts Officer at Africa RE

Job Responsibilities

• The successful candidate shall report directly to the Assistant Director Finance & Administration and responsible for maintaining account records and reconciling them on a regular basis.

Duties / Job Details
The duties of the Assistant Accounts Officer shall comprise amongst others:

• 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 aggressive collection drive
• Reconciliation of retrocessionaires accounts
• Any other duties as may be assigned by the ADFA

Qualifications and Experience
Minimum Qualifications and Experience:

• 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

Competencies and Additional Requirements
The main competencies required for this position are as follows:

• Excellent knowledge of Insurance and Reinsurance;
• Knowledge of Accounting
• Ability to work with limited supervision
• Working knowledge of Office productivity tools like Excel, Word, Powerpoint etc
• Strong interpersonal skills, detailed oriented and customer service focused
• Excellent written and oral communication skills
• Organizational skills and ability to multitask;
• Ability to adapt to a fast paced, high production environment.
• Problem solving skills with capacity for taking initiatives
• Capacity for analysis and reasoning
• Flexibility, Adaptability, and creativity
• Applicants must also be Nationals of member States of Africa Re

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

• Competitive Basic Salary on the Corporation’s Grade Level SS2
• 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 recognized dependents;
• Transport Allowance
• Inflation Adjustment allowance that may increase or decrease depending on the economic situation and inflation.
• Housing Allowance.