Assistant Manager – Finance – Orient

Job description / Role

Orient is an Al-Futtaim company, considered a leader in the regional insurance market with representation in the UAE, Oman, Egypt, Syria and Sri Lanka 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 integrity, clear strategy and employee empowerment.

We are currently looking to recuit Assistant Manager - Finance who will supervise in the area of Life Insurance Accounting. The duties and responsibilities for this role are the following:

* Supervising day to day transactions from receipting, checking postings into the system, etc.
* Monthly closing of books and checking/arranging commission payments.
* Fund Management accounting, reconciliation of Fund accounts.
* Liaising with Life Underwriting / Claims departments for smooth flow of transactions.
* Preparation of monthly / quarterly / annual financial statements in accordance with IRFS requirements.

Requirements

To be successful in winning this role, the ideal candidates must possess the following qualifications:

* Holding a Bachelor's degree or Maters in Commerce.
* Having over 5 years of experience in Life Insurance Accounting - from day to day transactions up to Fund Management accounting and preparation of financials.
* Well-versed in MS office applications (especially Excel), working knowledge of any Core Life Insurance software would be an advantage.
* Excellent interpersonal and communication skills.

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.