Technical Accounts Assistant at African Reinsurance Corporation

AFRICAN REINSURANCE CORPORATION - SOCIETE AFRICAINE DE REASSURANCE (AFRICA RE)
An International Financial Institution with Headquarters in Lagos (Nigeria), Six Regional Offices in Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), PortLouis (Mauritius), Lagos (Nigeria) and Cairo (Egypt)
, as well as a subsidiary Company in Johannesburg (South Africa), owned by 42 member States of the African Union(AU), the African Development Bank (ADB), the IFC (International Finance Corporation), the DEG (German Development Finance Institution), the FMO (Dutch private sector financing company), PROPARCO (Subsidiary of the Agence Française de Développement) and 107 insurance and reinsurance companies,


ANNOUNCES VACANCY FOR THE FOLLOWING POSITION:
Technical Accounts Assistant

A. MAIN DUTIES / RESPONSIBILITIES:

Posting of cash book , cash matching, reconciliation of retrocessionaires’ accounts , preparing periodic reports on Regional operations / the
Headquarters and reconciling general ledger accounts..

B. DETAILED DUTIES/RESPONSIBILITIES

Reconciliation of retrocessionaires’ accounts.
General correspondence and maintenance of retrocessionaires’ files
Inter office reconciliation for all locations
Cash matching of receipts & payments with reinsurance debtors.
Collection of overdue reinsurance balances.
Preparing periodic reports for regional management and to the headquarters

C. KEY PERFORMANCE INDICATORS

Accurate and timely rendition of periodic reports
Prompt reconciliation of bank accounts within approved deadlines
Regular resolution of all outstanding inter office accounts
Good quality of work, minimum errors and handle details efficiently

D. TECHNICAL COMPETENCIES

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.
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).


E. MINIMUM QUALIFICATIONS AND EXPERIENCE:
Applicants should hold:

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 would be an added advantage.
Bilingualism (English/French) would be an added advantage.
Experience in the Reinsurance /Insurance industry would be an added advantage

F. ADDITIONAL REQUIREMENTS FOR CANDIDATE FOR THIS POSITION:
Applicants must be:

National of member States of Africa Re;
Not more than 32 years old;

G. OTHER INFORMATION

Salary and other conditions of service are competitive and comparative to what is obtainable in similar organizations.

H. PROCEDURE
Interested candidates are requested to visit the Africa Re website at http://www.africa-re.com/careersandtenders/page/34/employment-forms to complete and submit the employment / application form

CLOSING DATE FOR SUBMISSION OF APPLICATIONS: 23rd November 2012