Accounts Officer

Job Summary

Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.

Reporting to Team Manager – Finance Operations, as Accounts Officer you are expected to deliver results through basic processing and support that helps meet customer expectations by providing market-leading service while developing excellent customer relationships.

Job Accountabilities

As Accounts Officer, your role will involve: 

• Process day-to-day financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Prepare and maintain accurate and up-to-date financial records, including invoices, expense reports, and reimbursements.
• Manage Petty cash floats and proper bookkeeping of reimbursed expenses.
• Reconcile financial discrepancies and investigate any variances or issues to ensure accurate financial reporting.
• Assist with month-end and year-end closing activities, including preparing journal entries, reconciling accounts, and clearing from SAP.
• Process policyholder and vendor payments through effective usage of SAP system.
• Support the budgeting and forecasting process by providing financial data, analyzing trends, and preparing reports.
• Assist with the preparation of audit documentation and provide support during internal and external audits.
• Ensure compliance with company policies, accounting standards, and relevant regulations.
• Collaborate with cross-functional teams, such as Purchasing, Sales, and Operations, to resolve financial-related queries and provide support as needed.
• Undertake a range of clerical, administrative, and other duties as required to support the team.
• Stay updated on changes in accounting regulations and best practices to ensure compliance and recommend process improvements.

Job Qualifications

To be successful in this role, you will need: 

• Bachelor’s degree in accounting, Finance, or a related field. Professional certifications (e.g., CPA, ACCA) are a plus.
• Minimum 3 years of experience in accounting or finance, preferably in a similar role. Experience with computerized accounting systems is desirable.
• Strong knowledge of accounting principles, practices, and procedures. Familiarity with relevant accounting standards and regulations.

Skills:

• Analytical and problem-solving mindset.
• Accuracy and Attention to details.
•  Intermediate knowledge of Microsoft office packages– Word, Excel, and PowerPoint.
• Excellent negotiation and communication skills both written and verbal in English.
• Digital Literacy