Senior Accountant

Ahleia Insurance Group-AIG is a well-established and prominent insurance company in Ramallah; AIG is seeking qualified candidates for the following position

Position Title:  Senior Accountant (Code: LASTNAME / SEN.ACT)

Duties and Responsibilities
-Primarily responsible for communicating to and completing any assignments by the GM, Deputy GM, and Head of Corporate Development of the company on all matters relating to those entities’ finances
-Prepare complete year-end financial statements for audits including disclosures, statement of cash flows and a complete work paper audit package
-Responsible for preparing timely and accurate financial statements based on IFRS and/or US GAAP
-Prepare at least quarterly and annual financial statements; balance sheet, income statement, cash flows, segmented financials, etc
-Prepare all month-end, quarterly and yearly closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation
-Establish Internal Controls and accounting policies that provide verifiable documentation of approvals and events and ensure compliance with IFRS and applicable local regulatory laws and rules for financial and tax reporting
-Prepare journal entries, various analyses and detailed schedules on an ongoing basis
-Manage accounts receivable and claim recovery collection and achieve management performance targets
-Develop and manage a system to ensure that the information submitted is reliable, accurate, and complete
-Be proficient with the financial reporting system and recommend, test, and implement changes to the financial reporting system on an ongoing basis
-Ensure key risks and issues relating to financial reporting are identified, documented, and communicated
-Integrate and create controls including integration with general ledger reporting and production of necessary accounting journals and reports to ensure accurate reconciliations with the financial statements
-Prepare cash flows analysis and 13 week cash flow forecast to ensure that adequate funds are available to meet Company needs
-Serve as a key point of contact for external auditors
-Assist external auditors in conducting cost effective audits that are completed on time.
-Develop and utilize forward-looking business plans and forecasts to provide insight into the company's potential growth and operations
-Financial analysis to be used to implement strategies (return on investment - ROI, what if scenarios, budgeting).  Note: Budgeting should include analysis of significant variances to actual amounts, explanations for variances and recommendations for improvements of negative trends
-Assist in establishing yearly objectives and meeting agendas
-Assist in the management and disposition of the company's real estate investments
-Corporate record keeping to ensure that all licenses and contracts are easily accessible
-Continuing to understand & implement more productive ways of using computer systems (hardware & software)
-Maintain his/her technical skills and of his/her department and evaluate staff in a tactful, constructive, and edifying manner
-Manage financial department staff; set objectives, monitor and assess performance and communicate results on an ongoing basis
-Work to develop procedure manuals for all accounting and reporting functions
-Enhance and implement financial and accounting systems, processes, tools and control systems.  Participate in corporate policy developments
-Create proper segregation of duties across and within the company’s departments
-Develop and utilize forward-looking business plans and forecasts to provide insight into the company's potential growth and operations
-Work with and supply reports to all departments and employees
-Possess or acquire knowledge of the Company and the insurance industry, and how interact sufficiently to assist/develop/supervise & monitor in items that follow

Qualifications
-Fluent in English and Arabic
-BS, Accounting/Finance from accredited university (MBA a plus)
-CPA or CA fully completed.
-Minimum of 4 years of accounting / auditing experience.
-Experience in financial accounting and reporting for P&C and/or Life insurance business
-IFRS financial reporting and/or statutory reporting experience
-Must have Insurance accounting experience
-Full cycle accounting experience
-Extensive experience in planning, forecasting, budgeting and internal control/audit control
-Proficient in all Microsoft Office products.
-Expert in excel
-Experience and knowledge in general ledger accounting software and Enterprise Resource Planning application

Personal Attributes
-High level of integrity and dependability with a stronger sense of urgency and results-orientation
-Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations
-Excellent communication skills (verbal and written)
-Demonstrated ability to communicate clearly and maintain an “open door” policy with General Manager and Head of Corporate Development

Interested candidates with relevant education and experience are encouraged to send their resume to

and must make the subject line of the email follow the format: LASTNAME / SEN.ACT