Accounting Executive

The Accounting Executive will be responsible for managing and monitoring the insurance premium accounting cycle. The role focuses on ensuring the accurate recording, reconciliation, monitoring and timely settlement of premiums, including the review of bordereaux reports and supporting financial reporting. It also ensures that finance operations are performed efficiently and in compliance with applicable accounting principles and IFRS standards. The successful candidate will operate in a technology-enabled finance environment, leveraging automation tools, digital reconciliation processes and data analytics to ensure accuracy, transparency and efficiency in financial operations. Monitor and record premium receipts from brokers. Ensure timely allocation of premium collections to the appropriate underwriting accounts. Perform premium cash clearing and reconciliation between underwriting records, broker statements and bank receipts. Investigate and resolve discrepancies. Track outstanding premiums and follow up with brokers to ensure timely settlement. Process premium settlements to participating members/insurers. Maintain and reconcile Insurance Bank Accounts monthly. Review monthly and quarterly bordereaux report and ensure completeness and accuracy. Validate premium data against underwriting platform and bank records. Utilize internal digital platforms to monitor premium flows, support automation of reconciliation processes, and work closely with ATOM and Finance teams. Ensure adherence to IFRS accounting standards and internal finance policies. Assist in the monthly closing of books and preparation of financial statements.