Senior Accountant - Insurance Sector
ACCA Careers · Manama
Job description
About the role
We are looking for a Senior Accountant with solid experience in the insurance industry to support our client’s finance team. The role involves preparing statutory and management reports, ensuring IFRS compliance and supervising junior staff.
Key responsibilities
- Prepare management reports, including monthly actual vs. budget and sales forecast analysis.
- Prepare and submit mandatory regulatory filings within statutory deadlines.
- Prepare financial statements in accordance with IFRS, with a focus on IFRS 17.
- Coordinate with internal and external auditors and provide required audit support.
- Supervise junior accountants, review their work and ensure timely completion of tasks.
- Perform month‑end closing activities such as accruals, pre‑payments, depreciation and adjustments.
- Prepare and review journal entries for branches and agencies.
- Perform reconciliations for banks, clients, insurance companies, workshops, suppliers and inter‑company accounts.
- Review receipts and supporting documents related to claims, payments, refunds and suppliers.
- Prepare payment vouchers, cheques and related accounting records.
- Maintain and update the fixed assets register.
- Prepare monthly employee deduction vouchers.
- Prepare and manage bank and supplier confirmations on a periodic basis.
- Perform other duties as assigned by management.
Required profile
- Bachelor’s degree in accounting or a related field; professional qualification preferred.
- 3–6 years of accounting experience in the insurance industry.
- Strong experience in regulatory reporting, management reporting and IFRS compliance.
- Working knowledge of IFRS 17 and insurance accounting standards.
Required skills
- IFRS and IFRS 17 reporting
- Regulatory reporting for insurance
- Management reporting
- Insurance accounting standards
- Audit coordination
- Month‑end closing procedures
- Journal entry preparation and review
- Bank and inter‑company reconciliations
- Fixed assets register maintenance
What we offer
- Competitive salary and benefits package
- Opportunities for professional growth and development
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Published 2 weeks ago
Expires 1 month from now
36 views · 0 interested
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ACCA Careers
Manama
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