Division Chief – Accounting & Finance
ICIEC
Jeddah, Saudi Arabia
Ref: GP060-06
ICIEC

The Role


The Role


The Division Chief is responsible for providing financial information and advice, maintaining accounting records, preparing accounts and management information, detecting and preventing fraud and managing junior colleagues, and for the overall management of the A & F Division.

The principle tasks of the Division Chief include the following:
- To liaise with internal and external auditors and deal with any financial irregularities as they arise.
- To produce necessary reports and recommendations following internal and external audits.
- To prepare the financial statements, including monthly and annual accounts.
- To liaise with other ICIEC as well as IDB departments/ units so as to provide their information requirements.
- To direct, train, motivate and support the staff of the division, in the performance of their tasks, and create and sustain a work environment conducive to high performance.
- To prepare financial management reports, including financial planning and forecasting.
- To manage all the banking relationship.
- To prepare, implement and periodically update the accounting and finance policies and procedures.
- To manage the receipts and disbursements function.
- To manage underwriting year basis accounts for various management and reinsurance reports.
- To manage and periodically report on the receivables and payable balances.
- To recommend internal controls to be placed on the accounting and finance activities.
- Perform any other duties pertinent to the Division Chief functions, or as assigned to him by his supervisor.

Requirements


Requirements


- Bachelor's degree in Accounts or Finance
- Qualified CPA or CA.
- Minimum nine years of post qualification experience, with a minimum of three years in the insurance industry.
- Fluency in both Arabic and English languages. Knowledge of French will be an advantage.
- computer literacy, especially Oracle Financials/SAP, Windows, and MS office applications.

About the Company


About the Company


The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is a Member of the Islamic Development Bank Group, established on 1st August 1994 as an international institution with full juridical personality with a subscribed capital of about US$ 137 million.

The objective of ICIEC is to enlarge the scope of trade transactions and the flow of investment among Member States of the Organization of the Islamic Conference (OIC), by offering export credit and political risk insurance and reinsurance owing to the rapid growth of our business.

This Position is closed or expired