Job Opportunity at African Trade Insurance Agency (“ATI”), Technical Accountant Assistant

CAREER OPPORTUNITIES AT ATI

Technical Accountant Assistant

The African Trade Insurance Agency (“ATI”) is a pan-African multilateral financial institution established in 2001 by African States. ATI was originally launched with the technical and financial support from the World Bank Group and has had more recent support from the African Development Bank. ATI has grown into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio exceeding US$6bn at year end 2019.

ATI provides political and credit risk insurance to companies, investors and lenders doing business in Africa. For over a decade, ATI has maintained an A rating for Financial Strength and Counterparty Credit by Standard & Poor’s, and in 2019 obtained a second A3/Stable rating from Moody’s. ATI’s membership includes African Member States as well as a number of corporate and institutional shareholders. Besides its head office in Nairobi, ATI currently has offices in Benin, Côte d’Ivoire, Tanzania, Uganda and Zambia.

Working at ATI offers unique career opportunities. Candidates are invited to apply for the following open positions:

Technical Accountant Assistant
Your main role will be to assist the Technical Accountant in the maintenance of accurate technical accounts, as per approved policies and procedures.

Primary Responsibilities

Assist in processing all the business transactions from the underwriting department ensuring that the premium, commissions, acquisition costs and reinsurance premiums are captured accurately
Ensure proper filing and safe custody of accounting documents
Assist in reconciling reinsurance treaty returns with the accounting records before processing the payments
Assist on reinsurers and brokers’ payments and ensuring proper allocation of payments
Assist in allocating premium receipts
Assist in analyzing premium receipts and in determining any available free cash for investment purposes
Perform bank reconciliations for premium and any other technical accounts
Assist in booking bad debts
Assist in requesting third-party statements and performing third-party reconciliations when possible
Handle cash (petty cash, per diems, cash withdrawals & remittances) and cash deposits
Assist in managing travel expenses
Attend to audit queries as and when required
Perform basic book keeping functions as may be requested
Perform such other duties as may be assigned from time to time

Academic Qualifications

Bachelor of Commerce degree in Accounting or Finance
Professional Qualification

Holds or working towards a Professional accounting qualification e.g. CPA, ACCA, CIMA

Experience

At least two (2) or three (3) years of relevant experience
Experience in the insurance sector would be an added advantage

Skills and attributes

Basic knowledge of IFRS and accounting procedures
Familiarity with accounting systems, preferably SAGE
High degree of honesty and integrity
Rigorous
Ability to prioritize tasks
Ability to work under tight deadlines
Ability to work cohesively to achieve results through teamwork
Computer literacy and familiarity with accounting systems, Excel and the other standard office computer applications.
Good written communication skills

Qualifications, Experience and other Attributes
The successful candidates must have suitable qualifications, experience and attributes as indicated under the respective job descriptions on ATI’s website. All the roles require excellent communications skills in written and spoken English. Knowledge of French and an ability to work in a multi-cultural environment, will be an added advantage.

How to Apply:

Please submit an Application Letter, Personal History Form (this may be downloaded from the ATI website), CV, plus details of your current remuneration package along with details of three referees to recruitment@ati-aca.org

Also a detailed job description of each role found at ATI’s website http://www.ati-aca.org/about-us/current-opportunities/

The closing date for application is Saturday, 11 July 2020 at Midnight Nairobi time
ATI will only contact those applicants who are being actively considered for an interview
ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals. ATI reserves the right to not make an appointment to the above vacancies, or to make an appointment at a slightly higher or lower grade, or to make an appointment with a modified job description.