Ref: HP350-862

Job description / Role

Employment: Full Time

Reporting to AON's Regional Finance Director in Dubai, the Financial Controller based in Bahrain will oversee all accounts, ledgers and reporting systems for AON's Bahrain, Oman, Qatar and Iraq entities ensuring compliance with US GAAP, IFRS and regulatory requirements.

Role Description:

The Financial Controller for AON's Insurance and Reinsurance Brokerage Division in Bahrain will be responsible for the following:
• Prepare local statutory and corporate reports as required.
• Prepare monthly management accounts with narrative for senior management, the Board of Directors and other committees.
• Maintain internal controls (Sarbanes Oxley) and safeguards for all transactions (premiums, reinsurance, commissions, claims and expenses).
• Ensure that payables are paid within agreed service level agreements and captured accurately with sufficient detail in the general ledger for analysis. Ensure that all reasonable discounts are taken on accounts payable.
• Ensure that receivables (premium, reinsurance and intercompany) are collected promptly in accordance with corporate guidelines and to ensure credit controls are enforced. This will include being on the local receivables committee as well as meeting with brokers to follow up on overdue premiums.
• Manage cash flow to ensure funds are available to meet commitments when they come due.
• Assist in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.

Requirements

Who we're looking for
• CPA/ACCA/CA or equivalent accounting qualification
• Substantial post qualified experience in a similar financial control role in a financial institution in the Middle East
• Must be able to work in a high-paced environment and be self-motivated
• Must be based in Manama, Bahrain currently or willing to relocate at a short notice

About our client
Aon is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Aon has 62,000 employees in more than 120 countries.
Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions. Aon plc's total revenue for 2010 was $8.5 billion.
In Bahrain, AON operates through its Insurance and Reinsurance Brokerage Divisions.

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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