Job Purpose:

• The Head of Accounting is responsible for managing and overseeing the daily operations of the accounting department and ensuring that the organizations' financial records remain accurate while meeting reporting deadlines.
• He / she monitors and analyzes accounting data and produces financial reports and statements.

Key Performance Areas:

• People Management:
  - Ensure that the team deliver their duties and provide excellent levels of service to internal and external parties.
  - Ensure well-being of the department and professional work environment.
• Accounting Processing:
  - Ensure accurate and timely preparation and submission of the company's financial statements and other related reports.
  - Coordinate with the team to complete assigned accounting tasks within deadlines.
  - Supervise all company's accounting transactions.
  - Ensure proper adherence of the control procedure set by the Accounting and Finance manager.
  - Perform month-end and year-end closing and ensure all reports are accurate and available on-time.
  - Stay informed about all new rules, procedures and technologies introduced to accounting in addition to new legislations set by the regulator.
  - Perform the calculation of IBNR and IBNER and PDR semi-annually and annually.
  - Perform the Run Off claims calculation.
  - Perform the control on the aging and calculate the bad debts provision.
• Reporting:
  - Ensure accurate and timely preparation and submission of the company's financial statements and other related reports.
  - Prepare and submit reports requested by the Group Finance Controller.
  - Prepare and submit all reports required by MOF and NSSF.
  - Manage the company's fixed asset and develop policies and procedures to ensure accuracy.
• Auditing:
  - Assist and coordinate with the auditors during the audit cycle.
  - Handle the financial reporting according to IAS 21 & 29 and any other form of IAS reports.
  - Coordinate with the Actuarial department for the implementation of the IFRS 17.
  - Develop an action plan to follow up on audit issues highlighted in the auditor reports.
  - Responsible of contacts with external auditors.
• Other:
  - Audit and control the payroll process including taxes, end-of-service, NSSF calculations, etc.
  - Control quarterly payment of stamps and municipal taxes.
  - Control and analyze the payments of general expenses, general claims, commissions (Non-life).
  - Control prepaid accruals and provisions.
  - Communicate with Reinsurers to ensure proper reconciliations of accounts.
  
  Education, Experience and Qualifications:
• Bachelor Degree in Accounting, Finance, Audit or equivalent.
• Masters is a plus.
• Minimum 7 years of experience in Accounting and 1 year in a managerial role.
• Proficiency in English, French is a plus.
• Proficiency in Microsoft Office.
• Sets standards for quality and ensures best practice.
• Always questions and reviews the way things have been done to ensure that current processes and results continue to be relevant and add value.
• Partners with others to achieve a win-win result.
• Provides a role-model and promotes awareness, understanding and cooperation.
• Takes a problem solving approach and focuses on the needs of all parties by reaching agreements.
• Challenge employees to continually develop their current skills and knowledge provides opportunities to demonstrate individual competence.