Job Purpose:
provide effective assistance and support to the Finance Manager by ensuring the prudent and profitable management of the company’s bank deposits, carrying out financial statistics required by the Government Authorities, supervise the maintenance of accounts payable ledger, carrying out bank reconciliations in an efficient and timely manner consistent with the company’s policies, accounting standards and relevant federal laws

•Reporting to EFSA (Investments Reporting).
•Reporting to Head Office (ACE Limited USA): Monthly operating statement (MOS) – Narrative Report & all related reports regarding collection & premium.
•Treasury section: 1- EFG Portfolio book keeping 2- Booking for accrued interest on time deposit, certificate deposit, governmental & euro bonds, tracing actual interest deposited at banks, maintaining Time deposit status, Bond status, Certificates status. 3- Cash management related: Cash movement in (Collection deposits) and out (Withdrawals)
•Handling all kinds of commissions (agency, banc assurance, and telemarketing) from booking the accrual to delivering agents checks and closing the accrual.
•Making bank reconciliation & needed adjusting entries.
•Handling various accounting functions for payable, receivable sections: Proceeds with all transfer, revokes, refunds, and exchange transactions, including invoicing, follow up and bookkeeping (GL entries), Prepare, verify, and process invoices and payment documents, Prepare invoices for data entry, Prepare Collections & Payment Data Entry.
•Maintaining Books of Accounts & accounting documents like vouchers, Handling Invoicing and collections.
•Compile and analyze financial information to prepare entries to accounts.
•Assist in the analysis of financial data and extracts and defines relevant information.
•General accounting duties like assisting with the month end closing issues (Finalization of monthly figures and updating of accruals and estimates, Updates of commission and local charges -Control of fixed asset, prepayments, accruals, other debtors/creditors, Posting of vessel expenses -Control of postings and vouchers to ensure all vouchers posted correctly and are correctly authorized).