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Accountant

  • Location

    Malta

  • Sector:

    Insurance

  • Salary:

    Attractive

  • Contact:

    Chantelle Mifsud

  • Job Reference:

    7168

  • Published:

    4 days ago

  • Expiry:

    2020-11-30

  • Client Details:

    Castille

  • Consultant:

    Chantelle Mifsud

  • Skills tags:

    ACCA , Accountancy

A well established international insurance company is seeking to employ an Accountant to join the Malta Office, reporting to the Head of Finance you will be responsible for:

Job Description
  •  Handle insurance related activities across all companies;
  • Assist the Head of Accounting in constantly reviewing and analysing business systems and processes, financial data and accounting procedures and suggesting improvements where necessary 
  • Prepare workflows and related accounting schemes for upcoming new projects and maintain existing accounting schemes;
  • Perform user acceptance testing in respect of new accounting projects to be undertaken in the immediate future;
  • Compile and document new accounting policies and procedures, as well as update and maintain existing ones;
  • Be familiar with International Financial Reporting Standards (IFRS) and ensure the Company is constantly up-to-date in its accounting policies and adoption of such standards; 
  • Provide assistance in the preparation of the Maltese insurance entities for the introduction of IFRS 17, liaising with other stakeholders in order to ensure a smooth transition and compliance with the requirements of the new standard;
  • Actively engage in the transition from IFRS 4 to IFRS 9 and IFRS 17, and document periodic status reports as necessary;
  • Prepare annual financial statements under IFRS;
  • Liaise with internal and external auditors during interim and year-end audits;
  • Perform, handle and assist in the monthly financial reporting closure and ensure deadlines are met in order to enable consistent, timely, accurate and relevant reporting;
  • Assist in liaising with Head Office with any ad-hoc requests which may arise
  • Communicate with the Head of Accounting on work status and any issues that may arise
  •  Assist in other ad-hoc tasks.

Skills and experience 
  • Have a solid understanding of accounts (currently undertaking, or in the final stages of ACCA.
  • Good understanding of International Financial Reporting Standards (IFRS).
  • Previous experience in the insurance industry, more specifically motor insurance would be considered an asset, although not a requirement.
  • Previous experience in auditing would be considered an asset, although not a requirement.
  • A good team player and understands the necessity of keeping up within a fast paced, growing international work environment.
  • Be dedicated, results-oriented and with a can do attitude.
  • Being able to work on his/her own initiative and having good time-management skills, specifically the ability to prioritise and manage different tasks
  • Strong interpersonal skills and being able to form part of a team dictated by the drive to deliver results against tight reporting deadlines.