Technical Accountant Assistant at the African Trade Insurance Agency (ATI)

The African Trade Insurance Agency (ATI) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from the African Development Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Technical Accountant Assistant

Location: Nigeria

Job Description

• Your main role will be to assist the Technical Accountant in the maintenance of accurate technical accounts, as per approved policies and procedures.

Primary Responsibilities

• Assist in processing all the business transactions from the underwriting department ensuring that the premium, commissions, acquisition costs and reinsurance premiums are captured accurately
• Ensure proper filing and safe custody of accounting documents
• Assist in reconciling reinsurance treaty returns with the accounting records before processing the payments
• Assist on reinsurers and brokers’ payments and ensuring proper allocation of payments
• Assist in allocating premium receipts
• Assist in analyzing premium receipts and in determining any available free cash for investment purposes
• Perform bank reconciliations for premium and any other technical accounts
• Assist in booking bad debts
• Assist in requesting third-party statements and performing third-party reconciliations when possible
• Handle cash (petty cash, per diems, cash withdrawals & remittances) and cash deposits
• Assist in managing travel expenses
• Attend to audit queries as and when required
• Perform basic book keeping functions as may be requested
• Perform such other duties as may be assigned from time to time

Qualifications & Attributes
Academic Qualifications:

• Bachelor of Commerce degree in Accounting or Finance

Professional Qualification:

• Holds or working towards a Professional accounting qualification e.g. CPA, ACCA, CIMA

Experience:

• At least two (2) or three (3) years of relevant experience
• Experience in the insurance sector would be an added advantage

Skills and attributes:

• Basic knowledge of IFRS and accounting procedures
• Familiarity with accounting systems, preferably SAGE
• High degree of honesty and integrity
• Rigorous
• Ability to prioritize tasks
• Ability to work under tight deadlines
• Ability to work cohesively to achieve results through teamwork
• Computer literacy and familiarity with accounting systems, Excel and the other standard office computer applications.
• Good written communication skills

Remuneration
We offer a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals.

Application Closing Date
Saturday, 11th July, 2020 at Midnight Nairobi time

How to Apply
Interested and qualified candidates should submit an Application Letter, "Personal History Form" CV, plus details of their current remuneration package along with details of three referees to: recruitment@ati-aca.org with "Job title" as subject of the email.

Click here to Download Personal History Form (Excel Format)

Note

• ATI will only contact those applicants who are being actively considered for an interview
• We reserves the right to not make an appointment to the above vacancies, or to make an appointment at a slightly higher or lower grade, or to make an appointment with a modified job description.