Technical Accountant Assistant at The African Trade Insurance Agency (ATI)

Job Description

• Your main role will be to assist the Technical Accountant in the maintenance of accurate technical accounts, as per approved policies and procedures.

Primary Responsibilities

• Assist in processing all the business transactions from the underwriting department ensuring that the premium, commissions, acquisition costs and reinsurance premiums are captured accurately
• Ensure proper filing and safe custody of accounting documents
• Assist in reconciling reinsurance treaty returns with the accounting records before processing the payments
• Assist on reinsurers and brokers’ payments and ensuring proper allocation of payments
• Assist in allocating premium receipts
• Assist in analyzing premium receipts and in determining any available free cash for investment purposes
• Perform bank reconciliations for premium and any other technical accounts
• Assist in booking bad debts
• Assist in requesting third-party statements and performing third-party reconciliations when possible
• Handle cash (petty cash, per diems, cash withdrawals & remittances) and cash deposits
• Assist in managing travel expenses
• Attend to audit queries as and when required
• Perform basic book keeping functions as may be requested
• Perform such other duties as may be assigned from time to time

Qualifications & Attributes
Academic Qualifications:

• Bachelor of Commerce degree in Accounting or Finance

Professional Qualification:

• Holds or working towards a Professional accounting qualification e.g. CPA, ACCA, CIMA

Experience:

• At least two (2) or three (3) years of relevant experience
• Experience in the insurance sector would be an added advantage

Skills and attributes:

• Basic knowledge of IFRS and accounting procedures
• Familiarity with accounting systems, preferably SAGE
• High degree of honesty and integrity
• Rigorous
• Ability to prioritize tasks
• Ability to work under tight deadlines
• Ability to work cohesively to achieve results through teamwork
• Computer literacy and familiarity with accounting systems, Excel and the other standard office computer applications.
• Good written communication skills

Remuneration
We offer a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.