Assistant Accounting Officer at African Reinsurance Corporation

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.
• 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.
• 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.

How to Apply
Interested and qualified candidates should:
Click here to apply