Overview
Senior Accountant Jobs in Cairo, Egypt at Allianz Egypt
Title: Senior Accountant
Company: Allianz Egypt
Location: Cairo, Egypt
Job Summary:
This role ensures accurate financial reporting, timely month-end closing, and effective account reconciliations. The role provides management with reliable analysis and reports to support informed decision-making, while also ensuring compliance with audits and regulatory requirements.
Roles & Responsibilities:
- Prepare financial statements including balance sheets, income statements, and cash flow statements by gathering and organizing financial data for both local and group reporting to ensure compliance and accuracy.
- Maintain a clear breakdown of balance sheet balances by tracking and reconciling accounts regularly to provide reliable financial records.
- Execute the month-end closing process by reconciling premiums, claims, and other technical data to deliver timely and accurate financial results.
- Record and review technical reserves, and retrograde fluctuation by collaborating with actuarial teams to ensure proper valuation and accuracy.
- Prepare monthly closing, adjusting journal entries by reviewing transactions and applying necessary adjustments to achieve correct financial reporting.
- Analyze revenues, commissions, and expenses by reviewing monthly transactions and allocations to ensure proper recording and accurate performance tracking.
- Conduct variance analysis and prepare management reports by summarizing financial data and highlighting discrepancies or trends to support informed decision-making.
- Support financial audits by providing documentation, reconciliations, and explanations to ensure compliance and facilitate smooth audit processes.
- Contribute to internal controls development and regulator reporting by assisting in policy enhancements and preparing required reports to strengthen governance and meet regulatory standards.
- Participate in implementing new financial systems and ensure cross-department collaboration by testing processes and sharing insights to improve efficiency.
Pre-requisites (Education and Professional Experience):
- Bachelor’s degree in Accounting, Finance, or a related field
- IFRS Certification (Preferred)
- 3 – 5 years of experience
- Insurance Background
