Vacant Job For Assistant Accounts Officer at The African Reinsurance Corporation

The African Reinsurance Corporation (Africa Re) is the leading pan-African reinsurance company and the largest re-insurer in Africa and the Middle East in terms of net reinsurance written premiums. We are recruiting to fill the position below:     Job Title: Assistant Accounts Officer Location: Head Office, Lagos Job Type: Full Time Grade Level: Support Staff Responsibilities

• Responsible for the financial accounting activities of the Pools and preparation of the relevant financial statement of the Pools.

• Updating & rendition of Pools members statement and shareholding
• Preparation of annual/half year accounts of the Pools
• Inter office reconciliation for all locations
• Attending to any other duties as may be assigned by the Corporation’s management from time to time.
• Timely processing of receipts for all premiums paid to the pools by our clients.
• Preparation of monthly bank reconciliation statements for the Pools
• Cash flow management
• Processing & accounting for Dividend Payment to Pool Members

• First degree ( or equivalent)
• 3 Years of experience of which 2 years are relevant work experience
• Membership of relevant professional bodies would be an added advantage
• Additional professional qualifications in accounting and/or insurance would be an added advantage.
• Experience in the Reinsurance /Insurance industry would be an added advantage

• Basic knowledge of the accounting cycle, financial statement presentation using standards (IFRS, GAAP, SAM), disclosure requirements & ethics and professional & accounting ethics
• Basic knowledge of financial performance evaluation techniques, profit analysis & margins, cost accounting & management techniques and management control & decision making support.
• Intermediate knowledge of the insurance/reinsurance;
• Basic usage of word processing, spread sheets and presentation packages. Intermediate usage of accounting, auditing and financial applications (In Housed Developed Applications and other third party applications).

• Fluent in English, working knowledge of French will be an added advantage;
• Nationals of Members state of Africa-Re,
• Less than 32 years old
• Cognate work experience in financial services is an added advantage.

• Medical cover for staff and family;
• Housing Allowance;
• Transport Allowance;
• Inflation Adjustment that may increase or decrease depending on the economic situation in the duty post.
• Competitive Basic Salary on the Corporation’s Grade Level SS2
• 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 (maximum 4 children)