UAE National I Assistant Manager - Finance I Dubai I Financial Services| Orient Insurance PJSC

Job description

Provide assistance in preparation of budgets, Management reports, and financial statistics required by the Government Ministries and supervise the maintenance of accounts receivable ledger and reconcile the debtors balances with general ledger in an efficient and timely manner consistent with the company’s policies, accounting standards and relevant federal laws.

• Supervise preparation of the accounts receivable ledger for Orient Head office in order to provide a timely statement of account to the clients for their information and corrective action as required
• Reconcile the accounts receivable statements of Orient Head office, branch offices and the chief agency with the general ledger in order to highlight any variances for appropriate follow-up and corrective action by the concerned Management / staff
• Provide assistance to the Finance Manager in collecting and compiling relevant data in order to facilitate preparation of reports related to underwriting and financial matters for timely submission to management for information and decision making as required
• Provide assistance to the Finance Manager in compiling and collating financial and statistical information reports in order to ensure timely submission to the relevant government departments to comply with the stipulated statutory requirements
• Review and analyze the reports submitted by branches in order to verify their financial accuracy and assign an accounting effect to their respective transactions
• Maintain and up-date the accounts of the insurance brokers in order to verify and highlight any variances for appropriate corrective action
• Check the premium registers in order to verify the accuracy of records and identify variances for appropriate remedial actions