Accountant - Orient (Atradius)

Job description / Role

Orient is an Al-Futtaim company, considered a leader in the regional insurance market with representation in the UAE, Oman, Egypt and Syria, and the only company in the Middle East that carries a combined ratings "A Excellent" from A.M. Best and "A" (strong) from Standard and Poor's.

Orient is also accredited with ISO 9001 Quality Management Certification. The company believes in a well structured transparent corporate culture, highly professional standards and intergrity, clear strategy and employee empowerment.

We are currently looking to recruit an Accountant who will provide assistance in the preparation of budgets, management reports ans financial statistics and supervise the maintenance of accounts receivable ledger in an efficient and timely manner consistent with the company's policies, accounting standards and relevant federal laws.

The duties and responsibilities for this role are:

- Preparation of the accounts receivable/payable ledger.
- Reconcile the accounts receivable/payable statements with the general ledger/expenses/reconciliation of accounts in order to highlight any variances for appropriate follow-up and corrective action by the concerned Management /staff.
- Provide assistance in collecting and compiling relevant data in order to facilitate preparation of reports related to financial matters for timely submission to management.
- Maintain and update the accounts in order to verify and highlight any variances for appropriate corrective action.

Requirements

To be successful in winning this role, you should possess the following qualifications:
- Graduate of Bachelor's degree in Commerce.
- 4-5 yeas of work experience as Accountant in an insurance industry is preferred but not a pre-requisite.
- Knowledgeable in reinsurance accounting and receivables/payables; Formulation of trial balance/finalization of accounts.
- Good analytical skills.
- Well versed in MS office application.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.