Apply for Financial Accountant at WAICA Reinsurance Corporation Plc, Lagos

Job Title: Financial Accountant

Location: Lagos, Nigeria

Job Type: Full Time

Experience: 5 years

Application Deadline: 30th September, 2022.

Company Overview

WAICA Reinsurance Corporation Plc is a public limited liability company incorporated under the laws of Sierra Leone (Companies Act 2009) on 7th March 2011.

In the years following the creation of West African Insurance Companies Association (WAICA) in 1973, the founding fathers had the desire to establish a reinsurance organisation to help mitigate the effects of the lack of reinsurance capacity within the West African insurance industry.

Job Responsibilities

• Preparation of monthly consolidated and separate financial statements covering statement of financial position, statement of profit or loss and other comprehensive income, statement of changes in equity, statement of cash flows, notes to the financial statements and statement of significant accounting policies
• Ensure overall accuracy of the annual report and financial statements of the Group as well as compliance with applicable International Financial Reporting Standards (IFRS)
• Performs monthly and quarterly general ledger analysis on the various asset, liability, revenue and expense accounts.
• Ensure the fixed assets register is updated and reconciled to with the general ledger 
• Timely preparation of the annual consolidated budget and cash flow forecast for the Group
• Analysis of budget variances, including the review of explanations provided by budget holders as well as provide guidance to budget holders regarding corrective action

Job Requirements/ Qualifications

• A Degree in Accounting, Finance or equivalent
• Professional qualification like CA, ACCA or equivalent 
• At least 5 years progressive experience in one of the Big 4 Audit Firms
• Extensive experience in leading statutory audits, business and system reviews. 
• Experience in auditing Insurance/ Reinsurance company will be an added advantage.
• Extensive knowledge of IFRS and IFRS Reporting
• Knowledge of insurance and reinsurance operations and accounting 
• Robust understanding of management accounting and financial management 

Salary: Attractive

Method of Application

Interested and qualified candidates should send Application Letter and CV to: vacancies@waicare.com using the Job Title as the subject of the email