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Trainee assistant accountant

London
Internship
IGI - International General Insurance Co. Ltd.
Assistant accountant
Posted: 18 February
Offer description

Job Summary

Assisting in smooth functioning of the finance function. Assist the seniors in completing day to day tasks and provide cover, as and when required.


Job Description

Company Description

IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors' and Officers', Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers.

Duties and Responsibilities

* Preparing journals to record expenses in accounting ledgers

* Matching expense submissions against the receipts

* Verifying employee expenses and bank payments for processing reimbursement

* Recording payments of these expenses in sub-ledgers
• Generating journal vouchers and get these approved by seniors

* Maintaining petty cash balance

* Preparing bank reconciliations

* Assisting in preparation of budget vs actual analysis

* Reporting discrepancies and mistakes to seniors

* Assisting in other ad-hoc projects

* Manage insurance payments (claims, surveyor fee, FAC, premium return and claim fund).

* Checking and making payments for employee expense reimbursements.

* Posting journals to accounting/insurance system, including but not limited to operational/insurance payments and investments.

* Monthly summary of the cash movements of the XIS accounts.

* Preparing bank transfers instructions for investments as advised by senior team members/ Chief Investment officer.

* Assist in analysing selected expense accounts by comparing actual spent against the budget.

* Other responsibilities as may be assigned from time to time, for example, covering for other team members in their absence.

Job Specifications

* Graduate and have basic knowledge of accounting. No prior work experience is required

* Good understanding of Microsoft Excel and Word

* Good attention to detail

* Excellent communication skills (both verbal and written)

* Good organisation skills

* Ambitious attitude

* Willingness to learn

* Able to take direction

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