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The African Reinsurance Corporation (Africa Re) is the leading African reinsurance company with headquarters in Lagos (Nigeria). Africa Re has six regional offices: Casablanca (Morocco), Abidjan (Côte d’Ivoire), Nairobi (Kenya), Lagos (Nigeria), Cairo (Egypt) and Ebene (Mauritius). The Corporation equally has two subsidiaries: African Reinsurance Corporation South Africa Ltd in Johannesburg (South Africa), Africa Retakaful in Cairo (Egypt) and one Local Office in Addis Ababa (Ethiopia).
We have a broad-based shareholding comprising 41 African member States, the African Development Bank (AfDB), 114 African insurance and reinsurance companies and three non-regional shareholders, including leading global insurers and reinsurers. The Financial Strength and Credit Rating of Africa Re is A by A.M. Best and A – by Standard & Poor’s.
We are recruiting to fill the position below:
Job Title: Assistant Accounting Officer
Location: Lagos
Employment Type: Full-time
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.
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.
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.
Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should:
Click here to apply online
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