- Reinsurance claims recoveries collections from third party and related parties.
- Reinsurance premiums outward payments to third parties and related parties.
- VAT knowledge and corporate income tax knowledge
- Transaction Processing: Assist in processing financial transactions, such as accounts payable and receivable, and expense reports. They ensure that all transactions are accurately recorded, verified, and processed according to established procedures.
- Data Entry and Documentation: They enter financial data into the accounting systems, spreadsheets, or databases. They also maintain proper documentation for financial transactions, ensuring that records are organized and easily retrievable.
- Reconciliation: Junior specialists may help reconcile financial statements, bank accounts, or vendor statements. They compare financial records to identify discrepancies and work with senior specialists to resolve any issues.
- Reporting and Analysis: They support financial reporting activities by gathering and organizing data, preparing reports, and assisting in financial analysis. They may assist in generating regular financial reports or contribute to ad-hoc analysis as needed.
- Process Support: Junior specialists provide support to the financial operations team in various process-related tasks. This may include assisting with process improvement initiatives, documenting procedures, and implementing changes to enhance efficiency and accuracy.
- Compliance Assistance: They help ensure compliance with financial regulations and internal policies by following established guidelines and procedures. They may assist in monitoring compliance requirements and preparing documentation for audits.
- Communication and Collaboration: Junior specialists collaborate with team members and stakeholders to gather information, resolve issues, and ensure smooth financial operations. They may communicate with vendors, customers, or internal departments to address inquiries or resolve discrepancies.
- Learning and Development: Junior specialists actively participate in training programs and professional development opportunities to enhance their knowledge and skills in financial operations. They seek mentorship from experienced professionals and stay updated with industry trends and best practices.
- Bachelor's degree in finance and 2 years of hands-on experience in the field
- Accounting Qualification is a plus.
- Strong attention to detail
- Analytical Skills
- Proficiency in financial software / systems and Microsoft 365 programs
- Effective communication skills to work well in a team environment and adapt to changing priorities
- Location(s): AE - Dubai
- Remote working: No
- Schedule: Full Time
- Recruiter name: Leigh Jeremy Jaye Santander
Finance Operations Specialist - Dubai, United Arab Emirates - Zurich Insurance Company
Description
Job Summary
Zurich is one of the world's leading insurance groups, and one of the few to operate on a global basis.
Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our shareholders, customers, and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions, and advisory services.
We are looking for a responsible Financial Operations Specialist to join our team and play a key role in our Middle East team. Reporting to the Credit Control & Investment Manager, this individual will perform finance operations tasks including collection, cash application, accounts payable, general administration and/or general ledger reconciliation ensuring actions are complete to appropriate service levels or defined procedures.
This is a full time – fixed term contract for 12 months.
Job Accountabilities
As Finance Operations Specialist, your role will involve:
Job Qualifications
To be successful in this role, you will need:
Why Zurich
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?
We are an equal opportunity employer who knows that each employee is unique - that's what makes our team so great
Join us as we constantly explore new ways to .