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Finance Officer

  • Full Time
  • Dubai

Now Health International

Finance Officer Jobs In Dubai

 

About the job

Employee will be responsible for ensuring that claims payment information is handle efficiently,

accurately and in accordance with Now Health International’s procedures and processes.

The post-holder will be expect to carry out a wide range of financial tasks relating to claims.

 

Skills & Experience Required:

 

  • Atleast three previous experience in an Accounting, preferably gained within a growing multinational company in the Insurance industry.
  • A solid working knowledge of Excel and accounting basics.
  • Excellent written & verbal communication skills. Business-level English is essential; other language capabilities are advantageous.
  • Strong interpersonal skills – able to successfully develop constructive working relationships with colleagues at various levels across our global offices.

 

Responsibilities:
Finance:
  • Process all claims payments daily, within the 24 hour timeframe as set out by the company.
  • Accurately record claims and allocations in the front end system within the 24 hour timeframe after receiving notification in the bank account.
  • Input accounting data into the accounting system with speed and accuracy.
  • Deal with the daily internal claims and premium queries and emails within 24 hour timeframe.
  • Maintain ledgers by reconciling accounts and resolving all differences quickly and accurately.
  • Liaise with banks for all day to day issues.
  • Develop and maintain accounting procedures for claim payments, including making suggestions for improvement where possible.
  • Develop and maintain in-depth knowledge of Now Health International’s processes, procedures and accounting systems, including working with the Systems Development team to test and feedback on new functionality.
  • Be aware of relevant legislation (principally the Data Protection Act) in relation to internal and external customer’s confidentiality and communicate appropriately.
  • Be aware of all core values of Now Health International and demonstrate them in each task.
  • Handle any other ad-hoc task commensurate with the level and scope of the role.
  • Record premium receipt and allocation in front end system within a 24-hour timeframe following receipt of funds in the bank account.
  • Liaise with Customer Service and Policy Administration teams to confirm premium receipt and allocation.
  • Investigate and resolve daily premium queries, ensuring that all are dealt with within 24 hour timeframe.
  • Ensure that premium receipt is accurately record on the accounting system.
  • Develop and maintain accounting procedures for the premium receipt and allocation function, including making suggestions for improvement where possible.
  • Prepare monthly bank reconciliations for premium and claim bank accounts.
  • Prepare detailed bank balances on a daily basis and circulate accordingly.
  • Process broker commission payments monthly.

 

 

 

 

To apply for this job please visit www.linkedin.com.