Senior Accountant (Arabic Speaker)
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Key skills for this role
About the Role
MetLife Gulf seeks a Senior Accountant (Arabic Speaker) to assist with IFRS 17 reporting, financial statement preparation, and regulatory filings. The role requires strong accounting knowledge, automation skills, and coordination with external auditors.
Key Skills for This Role
Responsibilities
- Assist with preparation of financial statements and regulatory returns on a monthly, quarterly, and annual basis for assigned countries
- Build and develop IFRS 4 to IFRS 17 reconciliation processes and templates
- Develop chart of accounts, mappings, ledger postings, and reporting performance
- Prepare IFRS 17 workflows and develop enhancements
- Prepare and update accounting policies and manuals related to IFRS 17
- Participate in automation of IFRS 17 processes
- Work closely with external auditors to ensure smooth completion of audit processes
- Analyze and interpret complex financial data related to insurance contract cohorts
- Develop variance analysis and metrics for quarterly management review
- Respond to financial inquiries from regulators
Requirements
- Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or related field
- Minimum 3+ years’ financial reporting experience
- 2 5+ years audit experience or 3 5 years proven experience in similar reporting role in a MNC
- Arabic Speaker is required
- Professional accounting designation (CPA, ACCA, CA) highly desired
- Knowledge of financial reporting frameworks like USGAAP & IFRS
- Proficient in Microsoft Office applications
Full Job Posting
Job Purpose
- The IFRS 17 Reporting Specialist is responsible for assisting with the preparation of regulatory filings as well as the financial statements, footnotes, and management discussion and analysis.
- The person is also responsible for the coordination and execution of the external reporting process, including coordination with external auditors.
Description
- Knowledge and experience in IFRS 4 and IFRS 17 standards.
- Build and develop IFRS 4 to IFRS 17 reconciliation processes and templates.
- Develop the chart of accounts, mappings, ledger postings, and reporting performance.
- Prepare IFRS 17 workflows and develop enhancements where applicable.
- Prepare and update accounting policies and manuals related to IFRS 17.
- Participate in the automation of IFRS 17 processes.
- Assist with the preparation of financial statements and regulatory returns on a monthly, quarterly, and annual basis for assigned countries.
- Work closely with external auditors to ensure the smooth completion of all audit processes related to IFRS 17 reporting and other assigned requirements.
- Analyze and interpret complex financial data related to insurance contract cohorts.
- Develop variance analysis and metrics for quarterly management review.
- Communicate financial data effectively to nonfinancial managers.
- Respond to financial inquiries from regulators by gathering, analyzing, summarizing, and interpreting data.
Qualifications, Experience, & Skills
- Bachelor’s degree in accounting (preferred), or Finance, Business Administration, Economics or other related fields
- Minimum of 3+ years’ financial reporting experience
- 2 5+ years audit experience or/ and 3 5 years proven experience in similar reporting role in a MNC with multiple reporting requirements
- Arabic Speaker is required
- Professional accounting designation (CPA, ACCA, CA.) is highly desired
- knowledge of financial reporting frameworks like USGAAP & IFRS
- Experience in risk assessment and internal controls framework implementation
- Expert knowledge of financial statement preparation, financial reporting, financial analysis
- Proficient in Microsoft Office applications (Word, Excel, etc.)
Competencies Required
- Leadership skills.
- Strong communication and presentation skills
- Business acumen.
- Structured & organized.
- Detail oriented and analytical.
- Highly motivated with a strong sense of duty.
- Time management.
- Team player
- Stress management.
- Interest for process improvement and demonstrate innovation.
- Flexible on changes and challenges exiting processes.
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