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Job description / Role

Job Type

Full Time

Job Location

Abu Dhabi, UAE

Nationality

Any Nationality

Salary

Not Specified

Gender

Not Specified

Arabic Fluency

Not Specified

Job Function

Accounting & Audit

Company Industry

Retail

Company

Al Futtaim Private Company LLC

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions: automotive, financial services, real estate, retail, and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Job description

We are currently seeking an accountant who will provide assistance in preparation of budgets, management reports, financial statistics required by the government ministries and supervise the maintenance of accounts receivable ledger and reconcile the debtors balances with general ledger in an efficient and timely manner consistent with the company’s policies, accounting standards, and relevant federal laws.

What you will do:

Accounts receivable ledger.
Supervise preparation of the accounts receivable ledger for AOIC head office in order to provide a timely statement of account to the clients for their information and corrective action as required.

Accounts receivable statements.
Reconcile the accounts receivable statements of AOIC’s head office, branch offices, and the chief agency with the general ledger in order to highlight any variances for appropriate follow-up and corrective action by the concerned management or staff.

Management reports.
Provide assistance to the finance manager in collecting and compiling relevant data in order to facilitate preparation of reports related to underwriting and financial matters for timely submission to management for information and decision making as required.

Financial information, statistical information, and statutory reports.
Provide assistance to the finance manager in compiling and collating financial and statistical information reports in order to ensure timely submission to the relevant government departments to comply with the stipulated statutory requirements.

Monitoring of branch office reports.
Review and analyze the reports submitted by branches in order to verify their financial accuracy and assign an accounting effect to their respective transactions.

Insurance broker accounts.
Maintain and update the accounts of the insurance brokers in order to verify and highlight any variances for appropriate corrective action.

Premium registers.
Check the premium registers in order to verify the accuracy of records and identify variances for appropriate remedial actions.

Required skills to be successful:

• Time management and focused delivery of deadlines
• Attention to details
• Good IT skills and analytical skills
• Ability to perform under pressure

What equips you for the role:

• Minimum 2 to 4 years as accountant in insurance, banking, or financial services in the UAE
• Bachelor’s degree in finance, commerce, business administration, or a related field
• Exposure to insurance industry in a commercial environment

About Orient Insurance PJSC

Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah, and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman, Riyadh in Kingdom of Saudi Arabia, and Bahrain.

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.