Account Officer - Bilingual

Qatar Insurance Group; Doha; On-site; QAR 180,000 - 240,000; Full time

Job summary

Qatar Insurance Company Q.S.P.C (QIC, QIC Group) seeks an experienced finance professional to oversee daily accounting, month-end closes, and comprehensive financial reporting. The role emphasizes IFRS compliance, accuracy, and strong analytical skills in a bilingual environment.

You will manage budgeting, forecasting, cash flow analysis, and working capital, while coordinating with departments and auditors. A senior candidate with 5–10 years of relevant experience is preferred.

Qualifications

• Qualified finance professional with IFRS knowledge and integrity.
• Fluent in Arabic and English preferred; bilingual communication is key.
• Strong analytical, problem-solving, and variance analysis skills.
• Experience in budgeting, forecasting, and financial reporting.

Responsibilities

• Oversee daily accounting activities including journals, accruals, provisions, and reconciliations.
• Lead month-end, quarter-end, and year-end close processes.
• Review general ledger accounts and resolve discrepancies.
• Prepare financial statements, management reports, and supporting schedules.
• Ensure accuracy, completeness, and integrity of financial records.
• Prepare monthly management accounts and performance reports.
• Analyze actuals vs budget/forecast and explain key variances.
• Provide insights on revenue, costs, profitability, working capital, and cash flow.
• Monitor KPIs and support performance evaluation.
• Support annual budgeting and periodic forecasting.
• Coordinate with departments on assumptions and inputs.
• Track budget performance and highlight variances.
• Monitor receivables and payables for accuracy and aging control.
• Support collections and supplier payment processes.
• Coordinate with banking functions for smooth payment processing.
• Maintain and strengthen internal financial controls.
• Ensure compliance with policies, authority limits, and accounting standards.
• Identify control gaps and support corrective actions.
• Support audit issue resolution and segregation of duties.
• Coordinate with internal and external auditors.
• Prepare audit schedules and supporting documentation.
• Respond to audit queries and support issue closure.
• Assist in statutory financial statements and regulatory reporting.
• Identify opportunities to improve efficiency and automation.
• Support ERP and finance system enhancements.
• Improve reporting, reconciliation, and data validation processes.
• Maintain updated process documentation.

Skills

Bilingual Arabic-English

IFRS knowledge

Advanced MS Excel

Stakeholder management

Attention to detail

Education

ACCA/CPA/CA/CMA or equivalent

Tools

ERP finance systems

MS Excel

Job description

Qatar Insurance Company Q.S.P.C (QIC, QIC Group) is a publicly listed insurer with a consistent performance history of over 60 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the largest insurance companies in the MENA region in terms of written premium and total assets and is listed on the Qatar Stock Exchange and has a market capitalization in excess of QAR 7 billion. QIC is also the first digital insurance company in Qatar and was crowned as the best online insurance company in the Middle East at the Global Banking & Finance Review Awards 2022.

Job Role:

• Oversee daily accounting activities including journals, accruals, provisions, and reconciliations.
• Lead month-end, quarter-end, and year-end close processes.
• Review general ledger accounts and resolve discrepancies.
• Prepare financial statements, management reports, and supporting schedules.
• Ensure accuracy, completeness, and integrity of financial records.

2. Management Reporting & Analysis

• Prepare monthly management accounts and performance reports.
• Analyze actuals vs budget/forecast and explain key variances.
• Provide insights on revenue, costs, profitability, working capital, and cash flow.
• Monitor KPIs and support performance evaluation.

3. Budgeting & Forecasting

• Support annual budgeting and periodic forecasting.
• Coordinate with departments on assumptions and inputs.
• Track budget performance and highlight variances.

4. Working Capital Management

• Monitor receivables and payables for accuracy and aging control.
• Support collections and supplier payment processes.
• Ensure timely reconciliations and resolution of outstanding items.
• Support working capital and liquidity optimization.

5. Cash Flow & Treasury Support

• Prepare cash flow forecasts and monitor daily cash positions.
• Track inflows, outflows, and payment obligations.
• Support bank reconciliations and resolve discrepancies.
• Coordinate with banking functions for smooth payment processing.
• Maintain and strengthen internal financial controls.
• Ensure compliance with policies, authority limits, and accounting standards.
• Identify control gaps and support corrective actions.
• Support audit issue resolution and segregation of duties.

7. Audit & Reporting Support

• Coordinate with internal and external auditors.
• Prepare audit schedules and supporting documentation.
• Respond to audit queries and support issue closure.
• Assist in statutory financial statements and regulatory reporting.

8. Process Improvement

• Identify opportunities to improve efficiency and automation.
• Support ERP and finance system enhancements.
• Improve reporting, reconciliation, and data validation processes.
• Maintain updated process documentation.

QUALIFICATIONS, EXPERIENCE :

• ACCA, CPA, CA, CMA, or equivalent professional qualification.
• 5 to 10 years of relevant experience in finance and accounting.
• Big Four audit experience preferable.
• Service industry experience would be an added advantage
• Bilingual – fluency in Arabic and English preferred.

SKILLS & COMPETENCIES:

• Bilingual – fluency in Arabic and English preferred.
• Strong technical knowledge of IFRS and financial reporting standards.
• Advanced proficiency in MS Excel and ERP finance systems.
• Strong analytical, problem-solving, and variance analysis skills.
• High attention to detail with commitment to accuracy and deadlines.
• Effective communication and stakeholder management skills.
• Integrity, confidentiality, and a strong internal-controls mindset.