QUALIFICATIONS

• A bachelor’s degree in finance, accounting, or related field is preferred.
• At least 3-5 years of overall experience particularly in a finance or accounting role.
• A thorough understanding of and adherence to Lockton standards and procedures.
• Strong numerical and data analytical skills with attention to detail.
• Ability to build and maintain good business relationships with clients, insurers, and associates.
• Ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
• Protects the confidentiality of information learned by performing position duties.
• Ability to work effectively in a team and collaborate with cross-functional departments.
• Proficient computer skills specifically in Microsoft products (Word, Excel, Outlook) and similar software applications.
• Excellent communication skills, both written and verbal.
• Demonstrates strong adaptability and actively seeks opportunities for professional growth and development.
  

  LI-AB67

PURPOSE OF THE ROLE

The Accountant role within the IBA Finance department is pivotal for the organization’s financial management. It involves overseeing a spectrum of daily operations with meticulous attention to detail and a strong focus on regulatory compliance. This encompasses various critical accounting functions such as credit control, allocation of funds, thorough reconciliation processes, and other essential financial tasks. The role requires a deep understanding of financial principles and regulations to ensure accuracy and integrity in all financial transactions. In essence, this role is not just about managing numbers; it’s about safeguarding the financial health of the organization by maintaining precision, compliance, and transparency in all financial operations.

RESPONSIBILITIES

• Reconciliation of Bank, Clients, Underwriters, Intercompany and IBA accounts
• Handling Lockton’s key accounts in terms of furnishing their reconciled statements, updating their trackers, allocating their payments, and resolving all their queries.
• Timely processing and correct allocation of all cash receipts and payments on GXB
• Credit control of premiums/commissions for timely collections and settlement.
• Attend to all queries and escalations from insurers, clients & brokers.
• Assist in the preparation of aging reports, PPW reports, renewal reports, and other credit control-related reports.
• Allocation of draws against producer’s commissions, receipts from other Lockton offices, and allocating unmatched cash.
• Ensure all discrepancies/queries are handled/referred to appropriately and in a timely manner.
• Maintain good insurer broker relationship in respect of the accounting functions.