Assistant Accounts Officer at the African Reinsurance Corporation (Africa Re)

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  • Following a recommendation of the African Development Bank (AfDB), the African Reinsurance Corporation (Africa Re) was established on 24 February 1976 in Yaounde, Cameroon. An international Agreement was signed by the Plenipotentiaries of 36 member States of the Organization of African Unity (OAU) and the AfDB with the aim of reducing the outflow of foreig…

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    Assistant Accounts Officer

    • Job Type Full Time
    • Qualification BA/BSc/HND
    • Experience 3 years
    • Location Lagos
    • Job Field Finance / Accounting / Audit&nbsp

    Job Responsibilities

    • The successful candidate shall report directly to the Assistant Director Finance & Administration and responsible for maintaining account records and reconciling them on a regular basis.

    Duties / Job Details
    The duties of the Assistant Accounts Officer shall comprise amongst others:

    • Carrying out daily cash allocation of receipts and payments
    • Reconciliation of cedant/broker accounts for the regional office
    • Raising and posting of Journals arising from the reconciliation process
    • Cash matching of receipts and payments with related reinsurance debtor transactions for assigned cedants
    • Providing technical accounting support to the underwriting team in the maintenance, processing and reconciliation of cedant/broker accounts
    • Engaging in aggressive collection drive
    • Reconciliation of retrocessionaires accounts
    • Any other duties as may be assigned by the ADFA

    Qualifications and Experience
    Minimum Qualifications and Experience:

    • Higher National Diploma (HND) or First University Degree or equivalent in a relevant field plus a minimum of 3 years relevant work experience
    • Relevant work experience in a Technical Accounts department of a Reinsurance Company or an Insurance Company is a must;
    • Relevant Professional Accounting Qualifications is required

    Competencies and Additional Requirements
    The main competencies required for this position are as follows:

    • Excellent knowledge of Insurance and Reinsurance;
    • Knowledge of Accounting
    • Ability to work with limited supervision
    • Working knowledge of Office productivity tools like Excel, Word, Powerpoint etc
    • Strong interpersonal skills, detailed oriented and customer service focused
    • Excellent written and oral communication skills
    • Organizational skills and ability to multitask;
    • Ability to adapt to a fast paced, high production environment.
    • Problem solving skills with capacity for taking initiatives
    • Capacity for analysis and reasoning
    • Flexibility, Adaptability, and creativity
    • Applicants must also be Nationals of member States of Africa Re

    Salary & Benefits
    The successful candidate shall have the following benefits:

    • Competitive Basic Salary on the Corporation’s Grade Level SS2
    • Variable pay (Annual Performance Bonus)
    • Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
    • Children education subsidy for each child up to 26 years (maximum 4 children)
    • Medical cover for staff and recognized dependents;
    • Transport Allowance
    • Inflation Adjustment allowance that may increase or decrease depending on the economic situation and inflation.
    • Housing Allowance.

    Method of Application

    Note: Africa-Re is an equal opportunity employer and offers good working environment commensurate with international organizations.

    Interested and qualified? Go to Africa RE on www.africa-re.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.



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