Junior Accountant
HIB Reinsurance Brokers Limited · Dubai, Dubai, United Arab Emirates
Apply & track with Apply EdgeHIB Re is looking for a Junior Accountant to join its Finance team and assist the Finance Manager with the day-to-day accounting and financial activities of a reinsurance broking business.This position is suitable for someone at an early stage of their career who is keen to learn and develop practical experience in insurance and reinsurance accounting.Key Responsibilities- Assist the Finance Manager with day-to-day accounting activities.- Record and reconcile reinsurance premiums, brokerage, claims, receivables and payables.- Assist with preparation of invoices, statements of account and payment documentation.- Follow up on outstanding receivables and payments.- Assist with payments to reinsurers, cedants and other business partners.- Perform bank and account reconciliations and identify outstanding or unmatched items.- Coordinate with Reinsurance Operations and Placement teams to ensure accounting records and supporting documents are complete and accurate.- Maintain proper accounting records and supporting documentation.- Assist with month-end and year-end closing activities.- Support the Finance Manager with management reports, audit requirements and regulatory reporting.- Maintain confidentiality of financial, company and client information.- Provide general accounting and administrative support to the Finance Manager as required.Candidate Profile- Minimum Bachelor's degree in Accounting, Finance, Commerce or a related field.- 0–2 years of relevant experience, fresh graduates with suitable qualifications may also apply.- Good understanding of basic accounting principles.- Good knowledge of Microsoft Excel.- Good written and spoken English.- Additional language skills, including Arabic, Tamil, Malayalam, Hindi or Urdu, would be an advantage.- Willingness to learn and develop within the insurance and reinsurance industry.- Previous insurance, reinsurance or financial services experience would be an advantage but is not mandatory.