Product Accountant Required in Dubai

Product Accountant Required in Dubai Shory is the soft revolution in the Insurtech market. Welcome to a new age where insurance actually empowers its customers. We use technology to serve our customers and create ease of mind and trustworthiness around insurance needs. With Shory, a new time has begun. About the Role & Opportunity We are looking for an experienced Product Accountant who will be responsible to prepare, compute, research and analyse all client reconciliation transactions and payment vouchers for the brokerage requirements. Responsible for posting daily journal entries, purchase vouchers and payment vouchers Process invoices for payment with system transaction entry, getting all required documentation and getting the appropriate approvals. Collect, analyse and summarize account information. Collaborate with operation team to post new policies, addition and deletion endorsements on daily basis, and assist in reconciling the endorsements. Reconcile client money ‘premiums’ with clients and cancellations. Reconcile and recalculate commissions. Generate debit note, credit note, statement of accounts to the clients and follow up with clients and insured for settlement as per payment terms. Analyse transactions and develop periodic reports for management. Liaise with other departments and clients to ensure that invoices are booked to the right accounting code and period. VAT reporting and assist the superior in VAT filling. Update the accounting records (digital and physical). Make sure that the invoices are submitted with supporting documents scanned and attached with the transaction entry in soft and hard copies. Liaise with clients, insured and banks in case of any discrepancies. Assist in the financial reporting and ensure compliance with IFRS as well as Insurance Authority standards. Liaise with external auditor, insurance authority as well as internal auditor to conduct the audit. Perform regular, detailed audits to ensure accuracy in financial documents, expenditures and policies posted in the system. Post-closing entries on monthly basis and prepare payments by verifying documentation and requesting disbursements. Publish timely financial statements. Coordinate with business units to ensure that invoices are settled within the payment term and help to obtain required information for payment justification and approval. About the Skills, Education & Experience Required To be considered for this role you will need to have at least 5 to 6 years of experience as an Accountant, preferably with a leading international insurance broker in the UAE. Bachelor's Degree in Accounting or Finance Qualified accountant in CPA, ACCA, ACA, or CMA an asset Strong knowledge of fleet, health and other corporate insurance products and procedures. Proficient in reconciling big data Knowledge of IFRS, Praktora ERP system, Microsoft Excel, Microsoft Dynamics etc Sound understanding transactional flows and creating efficient processes Excellent communication and stakeholder management skills If you have the relevant experience and are interested in being part of our team, please take the time to apply for this position. APPLY FROM LINK BELOW https://ae.linkedin.com/jobs/view/product-accountant-at-shory-3550605824?