Premium Accounting & Reconciliation Specialist

elseco; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

elseco is seeking an Accounting Executive to manage the premium accounting cycle, including reconciliation, bordereaux validation, and automated processes in a technology-driven finance environment. The role emphasizes IFRS compliance, audit support, and accurate month-end close within a Dubai-based operation.

The ideal candidate will have 3–5 years in insurance accounting, with ACA/ACCA/CIMA/CPA or equivalent, strong analytical skills, and proficiency in SAP, Excel, and PowerPoint.

Qualifications

• 3–5 years of accounting experience, preferably in insurance, reinsurance, MGA, or broker.
• Fully qualified ACA/ACCA/CIMA/CPA or equivalent.
• Strong IFRS knowledge.
• Proficient with SAP, Excel, and PowerPoint.
• Ability to work in a fast-paced technology-driven environment.
• Excellent attention to detail and problem-solving.

Responsibilities

• Premium Accounting, Reconciliation & Monitoring: monitor receipts, allocate premiums, reconcile accounts, follow up on discrepancies, and maintain IBA accounts.
• Bordereaux Review and Validation: review monthly/quarterly bordereaux, validate data against underwriting platform and bank records.
• Technology & Automation: leverage digital platforms, automate reconciliations, identify process improvements, work with ATOM and Finance teams.
• Compliance and Controls: adhere to IFRS and internal policies, document for audits, support audits and regulatory reporting.
• Month End Close Support: assist monthly close including IBA transactions and preparation of financial statements and management reports.
• Other tasks as assigned.

Skills

Analytical skills

Reconciliation

SAP

Excel

PowerPoint

Communication skills

Education

ACA/ACCA/CIMA/CPA or equivalent

Tools

SAP

Job description

elseco is seeking an Accounting Executive to manage the premium accounting cycle, including reconciliation, bordereaux validation, and automated processes in a technology-driven finance environment. The role emphasizes IFRS compliance, audit support, and accurate month-end close within a Dubai-based operation.

The ideal candidate will have 3–5 years in insurance accounting, with ACA/ACCA/CIMA/CPA or equivalent, strong analytical skills, and proficiency in SAP, Excel, and PowerPoint.