Finance Team Lead

Job description / Role

• Monthly book closure and preparation of monthly Financial statements of PL, Balance sheet and Cash flow Statements
• Credit control and Receivable / Payable Management. This includes sending of periodic statements, allocations, account reconciliations and follow-up of collections.
• Payment schedules monitoring and reporting. This includes monitoring of PPW for both insurance and Reinsurance payments and Withholding tax payments.
• Managing large volume of Insurance Receipts and payments as per SAMA regulations and strictly adhere to compliance requirements
• Monitoring and Reporting of Revenue billing for Insurance and Reinsurance Transactions as per approved revenue recognition polices.
• Preparation of budgets, forecasts and cash flows

Requirements

• Must have a thorough understanding of the Insurance industry operations
• University degree strongly preferred
• Minimum 5-7 years in the Finance / Accounts Department of Insurance Companies
• Must be proficient in Integrated Insurance systems and MS-Excel
• Bachelor’s degree strongly preferred
• Proven time management skills to manage multiple priorities and deliver timely and accurate work

About the Company

ABC Consultants is the pioneer of organised recruitment in India. Our roots in management consulting enable us to bring a unique approach to recruitment. We provide a range of talent acquisition services by leveraging our domain knowledge built over four decades.

ABC’s roots in management consulting enable us to bring a unique approach to recruitment at the middle and senior management levels .

We recruit across various industry segments for multinational corporations as well as leading Indian business houses and have helped shape the careers of over 1,65,000 professionals over our 49 year history. ABC is proud of its long standing relationships in the industry and the fact the 75% of our business is in the form of repeat business from existing clients is testimony to the quality of work we do.