Senior Accountant
National Health Insurance Company - DAMAN
Total years of experience :6 years, 0 Months
• Developing and managing good working relationships with the clients, primarily with
Brokers & Direct Clients.
• Reviewing insurance refund requests and commission requests, audit & reconcile these
and send to Sr. manager for final review.
• Passing accounting transactions for new booking insurance policies and where required
adjustment entries for any refunds or policy cancellation.
• Reviewing Clients & Broker’s statement of accounts and reconcile with own statement to
eliminate any discrepancy and ensure accounts are up to date.
• Sending official reminders to brokers & clients for any unpaid policy premium.
• Maintain Broker’s & direct clients account details for non-payment, delayed payments &
other regularities.
• Ensuring the receipts, netting and settlement are properly applied and done in respect of
client accounts.
• Managing accounts with a detailed report of performance of the company including
variance analysis & trend analysis.
• Conducting performance, monitoring & reporting including projections and forecasts,
identifying & communicating potential issues in liaison with senior Managers.
• Calculating and posting receipts and payments to appropriate general ledger accounts and
verify details of transactions, such as funds received, paid and total account balances
• Analyzing financial data and accounting information of current period and comparatives and
preparing reports for higher management and proposing recommendations.
• Managing and verifying all expense reports, ensuring their compliance with company
policies.
• Calculating VAT and filed returns
• Checking compliance of accounts with IFRS.
• Involved in daily overseeing and management of the clients financial systems and budgets.
• Preparing special financial reports by collecting, analyzing, and summarizing account
information and trends.
• Preparing financial statements, including monthly and annual accounts arrange financial
management reports, including financial planning and forecasting.
• Liaising with clients both Individual and Businesses and provide financial information and
advice.
• Managing the cash flow and supervise financial transactions within the company to ensure
there are no discrepancies in reports.
• Working with teams in the company to obtain financial data, such as the expenses incurred
throughout the month, so that records can be updated for accurate auditing at the end of
year.
• Compiled and analyzed data regarding companies to be acquired.
• Performed valuation of Target companies and calculated ratios after mergers or acquisitions.
• Analyzed industry prospects by gathering information about growth, competitors and market share possibilities.
• Reviewed buyer and target company’s fundamentals and financial statements for potential deals.
• Analyzed the financial impact of the acquisition.
• Performed due diligence.
• Assisted the audit team in their audit assignments.
• Checked compliance of accounts with IFRS.
• Produced annual sets of accounts for clients.
• Conducted Audit of financial statements, ranging from organizing the compliance and substantive testing through to discussing final report with both partner and clients and preparing notes to the accounts.
• Filed monthly and quarterly VAT returns for clients.
• Filed Tax returns for both individuals and corporations.
• Responsible for managing teams of juniors on both audit and accounts preparation.
• Regularly liaised with senior parties at clients to discuss issues.
• Conducted Audit of Government and Private sector Organizations.