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Program Accountant

Responsible for all of the Accounting, Reporting, Billing and Collections activities associated with assumed and ceded reinsurance for all insurance companies. This department is responsible for developing and monitoring reinsurance completeness and accuracy controls on all reinsurance activity recorded for all insurance companies. The position will also be responsible for the regulatory reporting required by the regulators as well as other internal and external reports related to reinsurance including but not limited to Schedule F entity reinsurance results and the Reinsurance bad debt and aging process.

Key Responsibilities

· · Perform credit control functions of Reinsurance Receivables/Payable and related account reconciliations.

· · Work collaboratively with other Functional areas (Ceded Reinsurance, Operations, Accounting, and Claims) and INSCO controllers in establishing reinsurance process, booking flows and accuracy completeness controls.

· · Work collaboratively with the discontinued business claims department in handling of the reinsurance application, billing and collections of discontinued business

· · Develop, refine and maintain new management reports and look for opportunities to streamline current reporting process. Prepares Reinsurance information reports to external and internal parties including regulators, outside auditors, investors and other affiliates: Ceded Loss Recoverable Aging Report, Large Loss Reports as needed, Schedule F

· · Responsible for process and procedure documentation updates and testing of Reinsurance accounts.

· · Provide outside auditors requested contracts, confirmations and subsequent receipts.

· · Excellent Communication Skills

Tasks

Planning Budgeting & Forecasting, Financial Modeling, Analysis & Valuation, Financial Statement Analysis, Computational Finance

Tools

Microsoft Excel

Certifications

CFA, ACCA, ACMA, CA, CIA

Type of Institution

Auditors, Insurance

Skills

Job Details

Industry:

Information Technology

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

Second Shift (Afternoon)

Job Type:

Contract

Department:

Finance

Job Location:

Lahore, Pakistan

Gender:

Male

Age:

20 - 45 Years

Minimum Education:

Certification

Degree Title:

ACCA, ACMA, CFA

Career Level:

Experienced Professional

Minimum Experience:

2 Years (Accounting and financials)

Work Permit:

Pakistan

Require Travel:

Not Required

Apply Before:

Oct 16, 2014

Posting Date:

Sep 19, 2014

Future Now (Pvt) Limited

Information Technology · 301-600 employees - Lahore

Future Now Technologies is a leading provider of cutting edge technology solutions and services in Pakistan, Europe and North America. We believe that innovation, commitment to quality, and effective partnership with our clients is the foundation of success. Over the years we have engineered solutions which are currently being used in some of the largest fortune 100 companies around the world. Our success comes from the realization that our success can only be possible if our clients are successful.

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