Our company, an insurance broker with an office in Bahrain, is looking for an Accountant to join an expanding team. We are looking for candidates with a background in insurance to join the team immediately.
The key responsibilities of the role include:
Managing revenue accounting, collection and recording, sales commission recording, Premium Recording & Payments and Discounts Recording
Managing payables
Personnel expenses accounting including salaries, commission on sales and allowances
Recording the provisions and prepayments including EOS, rent, bonus and depreciation etc.
Preparation of reconciliations including bank, corporate clients, insurance companies and intercompany etc.
Monthly Sales Report and Monthly Business Unit Report
Maintain fixed assets register
Receivable ageing
Verifying expense accounts before processing and recording of all expenses
Understanding the rules and regulations of Insurance Authority and comply accordingly
Liaison with tax department and comply with their requirements
Prepare schedule and control the PDCs (Post dated cheques)
Coordination with in-house underwriters for Compliance with Accounts receivable collection manual
Preparing month end closing entries
Reconcile financial discrepancies by collecting and analyzing account information
Liaison with external and internal auditors
General accounting, cost accounting
Sales control accounts and invoicing to the customers
Verifying internal controls compliance
Prepare forms and manuals for accounting and book keeping personnel, and direct their work activities
Substantiate financials transactions by auditing documents
Coaching and training the sub-ordinates
Any other tasks as assigned by the Management
Job Details
Date Posted: | 2016-02-11 |
Job Location: | Manama, Bahrain |
Job Role: | Accounting/Banking/Finance |
Company Industry: | Automotive |
Preferred Candidate
Career Level: | Mid Career |
Nationality: | Lebanon |
Degree: | Bachelor's degree |
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