Financial & Management Reporting Supervisor
Posted date [15-Feb-2024]
(ID: 1640461)
Company profile
Saudi Reinsurance Company "Saudi Re" is a Saudi joint stock company under formation.
The Company will offer both life and non-life reinsurance products under the purview of The Saudi Arabian Monetary Agency (SAMA), the principal agency responsible for the application and administration of the Insurance Law and its Implementing Regulations. The reinsurance products will be offered for both treaty and facilitative types of reinsurance in all classes of business.
Job description
• Prepares and interprets monthly management accounts and financial statements.
• Prepares and maintains cost / investment allocation models, in which periodical expenses and investments are allocated between shareholders and reinsurance operation.
• Responsible for preparing all regulatory and compliance reports.
• Updates the Chart Of Accounts in coordination with the Accounting Manager.
• Preparation of reports to the Board Of Directors and Peers’ review.
• Assists in reviewing the financial feasibility of the capital expenditure and new project proposals.
Qualifications
- Bachelor Degree in Accounting / Finance
- Advanced Computer literate. Excellent using of MS Excel is a big plus
- Analytical skills
- Good English.
- Experience in Insurance / Reinsurance is an advantage
Saudi Reinsurance Company "Saudi Re" is a Saudi joint stock company under formation.
The Company will offer both life and non-life reinsurance products under the purview of The Saudi Arabian Monetary Agency (SAMA), the principal agency responsible for the application and administration of the Insurance Law and its Implementing Regulations. The reinsurance products will be offered for both treaty and facilitative types of reinsurance in all classes of business.
Job description
• Prepares and interprets monthly management accounts and financial statements.
• Prepares and maintains cost / investment allocation models, in which periodical expenses and investments are allocated between shareholders and reinsurance operation.
• Responsible for preparing all regulatory and compliance reports.
• Updates the Chart Of Accounts in coordination with the Accounting Manager.
• Preparation of reports to the Board Of Directors and Peers’ review.
• Assists in reviewing the financial feasibility of the capital expenditure and new project proposals.
Qualifications
- Bachelor Degree in Accounting / Finance
- Advanced Computer literate. Excellent using of MS Excel is a big plus
- Analytical skills
- Good English.
- Experience in Insurance / Reinsurance is an advantage
