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Accountant - Claims

Employer
Munich Re
Location
Manama, Bahrain
Salary
Competitive
Closing date
May 26, 2024

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Accountant (AP&AR)- Claims - FSS for MNB

As a member of Munich Re the MedNet Group is a leading Third-Party Administrator across the MEA region. We are currently seeking to hire " Accountant (AP&AR) Claims" with our regional Finance Department for MedNet Head office, with the following tasks and responsibilities:

Your Role:
  • Prepare and maintain MedNet payable transactions.
  • Responsible for closing of accounts payable each month end to ensure accurate documentation and financial statements.
  • Prepare monthly supplier statement reconciliations.
  • Monitor cash flow and consult with the Financial Controller and Treasury Manager
  • Perform reconciliations monthly to ensure that all adjustments are made on a timely basis.
  • Prepare monthly invoices.
  • Perform monthly receipts.
  • No unallocated cash receipts, follow up with the relevant team to obtain payment details.
  • Implementation of procedures and controls covering all areas of accounting activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers.
  • Ensure predefined KPIs are met for accounts payable and receivable processing.
  • Identify and adhere to key controls identified in accounting processes.
  • Regular reconciliations with PIC's
  • Prepare monthly KPI's and report to line manager.

Your profile:
  • Bachelor's degree in business administration or any Finance / Accounting related field.
  • Minimum 3years of experience as Accountant within TPA or Insurance field.
  • Working knowledge of recognized ERP system such as SAP or Oracle
  • Excellent knowledge of MS Office.
  • Good interpersonal and communicational skills.
  • Excellent command of the English & Arabic language
  • Meticulous attention to detail
  • Team player
  • Organized and structured
  • Self-starter

Qualifications

  • Bachelor's degree in business administration or any Finance / Accounting related field.
  • Minimum 3years of experience as Accountant within TPA or Insurance field.

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