Job Summary

The Accountant will be responsible for managing and maintaining accurate financial records, overseeing accounting processes related to reinsurance brokerage operations, supporting financial reporting, and ensuring compliance with regulatory and internal financial standards.

The role also includes coordinating reconciliations, monitoring receivables and payables, and contributing to financial planning and operational efficiency within the organization.

Key Responsibilities

• Manage Financial Records: Maintain accurate accounting records, oversee daily financial transactions, and ensure proper ledger reconciliations and transaction classification.
• Oversee Premiums, Commissions, and Claims: Record and reconcile premiums, brokerage commissions, and claims recoveries while monitoring settlements and outstanding balances.
• Perform Reconciliations and Financial Controls: Prepare bank and stakeholder reconciliations, investigate discrepancies, and strengthen internal financial controls.
• Prepare Financial Reports: Produce monthly, quarterly, and annual financial reports, management accounts, budgets, forecasts, and regulatory returns.
• Ensure Compliance and Audit Readiness: Maintain compliance with accounting standards, tax and regulatory requirements, and coordinate internal and external audit documentation.
• Support Operational Excellence: Improve accounting processes, maintain organized financial records, and provide accounting guidance across the organization.

Qualifications and Experience

• Bachelor’s Degree in Accounting, Finance, or related field.
• Progress toward a professional qualification such as ACCA, is an added advantage.
• 3 years of accounting experience, preferably in insurance, reinsurance, financial services.
• Familiarity with accounting software and Microsoft Office tools.

Key Skills and Competencies

• Strong numerical and analytical skills.
• Attention to detail and accuracy.
• Good organizational and time management skills.
• Ability to work with confidential financial information.
• Basic understanding of insurance/reinsurance accounting principles.
• Good communication and teamwork skills.

• Manage Financial Records: Maintain accurate accounting records, oversee daily financial transactions, and ensure proper ledger reconciliations and transaction classification.
• Oversee Premiums, Commissions, and Claims: Record and reconcile premiums, brokerage commissions, and claims recoveries while monitoring settlements and outstanding balances.
• Perform Reconciliations and Financial Controls: Prepare bank and stakeholder reconciliations, investigate discrepancies, and strengthen internal financial controls.
• Prepare Financial Reports: Produce monthly, quarterly, and annual financial reports, management accounts, budgets, forecasts, and regulatory returns.
• Ensure Compliance and Audit Readiness: Maintain compliance with accounting standards, tax and regulatory requirements, and coordinate internal and external audit documentation.
• Support Operational Excellence: Improve accounting processes, maintain organized financial records, and provide accounting guidance across the organization.

• Strong numerical and analytical skills.
• Attention to detail and accuracy.
• Good organizational and time management skills.
• Ability to work with confidential financial information.
• Basic understanding of insurance/reinsurance accounting principles.
• Good communication and teamwork skills.

• Bachelor’s Degree in Accounting, Finance, or related field.
• Progress toward a professional qualification such as ACCA, is an added advantage.
• 3 years of accounting experience, preferably in insurance, reinsurance, financial services.
• Familiarity with accounting software and Microsoft Office tools.