Finance Officer - Accounts Receivable
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional family business houses headquartered in Dubai, United Arab Emirates. |
Job Description and Requirements
Finance Officer - Accounts ReceivableJob Snapshot
Role: Finance Officer - Accounts Receivable
Location: Dubai, UAE
Industry: Insurance
Function: Accounting-Finance
Experience: Fresh graduate or 1-2 years of experience in banking or an insurance company
Job Type: Full Time
Position Overview
Orient Insurance PJSC, part of Al-Futtaim Group, is hiring a Finance Officer - Accounts Receivable in Dubai, UAE to support financial reporting, accounts receivable control, management reporting, and statutory financial submissions. The role involves maintaining and reconciling debtor and broker accounts, reviewing branch financial reports, checking premium registers, and assisting the Finance Manager with financial and statistical information required by management and government departments. This is an Emiratization opportunity requiring a UAE Family Book.
Job Details
Country: UAE
City: Dubai
Industry: Insurance
Function: Accounting-Finance
Salary: Not disclosed
Gender: No Preference
Candidate Nationality: Emirati
Job Type: Full Time
Work Arrangement: On-site
About the Role
The Finance Officer will support the Finance Manager
The role requires accuracy, analytical ability, effective workload management, and adherence to company policies, applicable accounting standards, and relevant federal requirements.
Key Responsibilities
* Supervise preparation of the accounts receivable ledger for Orient Head Office to provide clients with timely statements of account.
* Reconcile accounts receivable statements for the Head Office, branch offices, and chief agency against the general ledger.
* Identify reconciliation variances and highlight them for appropriate follow-up and corrective action.
* Assist the Finance Manager in collecting and compiling data required for underwriting and financial reports.
* Support timely preparation of management information used for review and decision-making.
* Compile and collate financial and statistical information required for submission to relevant government departments.
* Help ensure statutory financial information is submitted within required timelines.
* Review reports submitted by branches to verify their financial accuracy.
* Assign the appropriate accounting effect to relevant branch transactions.
* Maintain and update insurance broker accounts.
* Identify discrepancies in broker accounts and highlight them for corrective action.
* Check premium registers to verify the accuracy of financial records.
* Identify premium-record variances requiring remedial action.
* Prioritize assigned activities to meet deadlines and agreed turnaround times.
Required Skills
* Strong attention to detail.
* Analytical and numerical skills.
* Good working knowledge of Microsoft Excel, Word, and PowerPoint.
* Familiarity with Outlook and internet applications.
* Proactive and self-motivated approach.
* Effective time management.
* Ability to deliver work within established deadlines.
* Ability to work under pressure.
* Capability to manage multiple tasks simultaneously.
* Accounts receivable reconciliation and financial reporting capability.
What Equips You for the Role
* Bachelor\'s Degree in Finance or Accounting.
* Fresh graduate or 1-2 years of experience in a banking or insurance company.
* Emirati candidate with UAE Family Book.
* Living in Sharjah or Dubai.
* Ability to join immediately.
* Ability to prioritize workload while meeting deadlines and agreed turnaround times.
About Orient Insurance PJSC
Orient Insurance Company commenced operations in 1982 as part of Al-Futtaim Group. Headquartered in Dubai, the company has a paid-up capital of AED 500 million and serves clients through a branch network covering Jebel Ali, Abu Dhabi, Al Ain, Sharjah, and Ras Al Khaimah in the UAE, as well as Muscat, Riyadh, and Bahrain.



