Principal/Senior Accounting Officers at African Reinsurance Corporation (Africa Re)

DUTIES/JOB DETAILS

The main duties of the Principal/Senior Accounting Officers shall comprise, amongst others, the following:

• Provide leadership, guidance, routine supervision and regular checking on the duties of the Financial Accounts Clerks
• Check transactions posted into the cash books.
• Prepare and process monthly payroll, including management of employee loans and benefits.
• Prepare weekly liquidity report of circulation to Regional and Headquarters Management.
• Review and post all disbursement vouchers for all approved payments.
• Prepare and post financial journal vouchers.
• Analysis and reconciliation of general ledger accounts.
• Review, reconcile and clear all outstanding balances on supplier accounts.
• Reconciliation of inter-office current accounts.
• Prepare financial and management reports and other periodic returns to the head office.
• Prepare bank reconciliation statements for all banks.
• Provide relief duty to other staff members in the Finance & Accounts Department on ADFA or Regional Management’s instruction.
• Attend to any other duties as may be assigned by Supervisors and the Corporation’s Management from time to time.

MAIN COMPETENCIES REQUIRED FOR THIS POSITION

• Advanced knowledge of all aspects of General Accounting.
• Comprehensive knowledge of Insurance/Reinsurance environment.
• 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.

Professional Experience

QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

Applicants shall be holders of

• First University Degree in Accounting and/or Finance.
• 10 Years of experience in Financial Accounting or similar role within any reputable organization.
• Relevant work experience in the financial services sector and/or in international finance institutions or at similar level is required.
• Relevant working exposure in a multicultural environment will be an added advantage.
• Relevant Professional qualifications will be added advantage

Additional

• Able to communicate effectively (written and oral) in English Language
• Working knowledge of French Language will be an added advantage.

SALARY AND BENEFITS

The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Support/Local Professional Staff Grade Levels
• 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 dependents;
• Housing Allowance
• Inflation Adjustment Allowance that may increase or decrease depending on the economic situation.