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AP senior Accountant Insurance

Job in Jeddah, Saudi Arabia
Listing for: البيت الأهلي للتمويل
Full Time position
Listed on 2026-06-11
Job specializations:
  • Accounting
    Financial Reporting, Senior Accountant, Financial Analyst, Accounting Manager
  • Finance & Banking
    Financial Reporting, Financial Analyst, Accounting Manager
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

Job Title; AP senior Accountant Insurance

Responsible for insurance-related accounting activities, reconciliations, reporting, and supporting compliance with IFRS and internal controls.

Priority Responsibility/Tasks (( not limited to the following) Scope of Responsibility/Tasks)
  • Manage insurance accounting entries and reconciliations.
  • Monitor insurance accruals and settlements.
  • Coordinate with brokers and insurance providers.
  • Support audit and IFRS compliance requirements.
  • Prepare insurance-related financial reports.
  • Monthly coordinate to review the renewal of the insurance policies with operation team.
  • Ad hoc Analysis of partial loss or total loss cases.
  • Assist in preparing annual budgets, forecasts, and long-term business and financial plans.
  • Prepare and coordinate health insurance monthly reconciliation.
  • Review monthly reconciliation of rebates and follow up on pending balances.
Educational Qualification (Academic s)
  • Bachelor’s degree in accounting, Finance, Insurance, or related field.
  • Knowledge of IFRS and accounting principles.
  • ERP systems experience (Kastle & Orion preferred).
  • Strong Excel and reporting skills.
  • Analytical and reconciliation capabilities.
  • Managing People, communication, and teamwork skills.
Experience
  • Communication Skills, Ability to Analyze, Decision Making.
  • Organizing and Quality Orientation, Results Orientation, Team Skills.
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Position Requirements
10+ Years work experience
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