Accountant I Dubai | Financial Services| Orient Insurance PJSC

Job Description Roles & Responsibilities To manage end-to-end accounts payable operations within an insurance environment, including claims payments, broker commissions, reinsurance settlements, and vendor payments, ensuring accuracy, compliance, and timely processing in line with internal policies and regulatory requirements. What you will do Insurance-Specific Payables Process claims-related payments (garages, hospitals, policyholders) in coordination with Claims and Medical teams. Validate and process broker commission payments (e.g., AON, Marsh), ensuring accuracy of commission statements and agreements. Manage reinsurance payables, including treaty and facultative settlements, in line with contractual terms. Process and monitor premium refunds, ensuring proper approvals, documentation, and compliance with internal policies. Invoice Processing & Vendor Payments Review, verify, and record vendor invoices accurately in the system. Ensure all invoices are supported with proper documentation and approvals prior to posting. Execute payments through bank transfers, cheques, or other approved payment methods. Maintain and update vendor master data, ensuring accuracy of supplier and bank details. Ensure compliance with VAT and regulatory requirements, including validation of input VAT and proper reporting. Desired Candidate Profile Bachelor’s degree in Accounting, Finance, or related discipline. 2-5 years of experience in Accounts Payable, preferably within the insurance or financial services sector. Hands-on experience in insurance-specific payments (claims, reinsurance, commissions) is highly preferred. Controls, Compliance & Reconciliation Ensure adherence to internal controls, audit requirements, and regulatory guidelines applicable to insurance operations. Support reconciliation of payables, vendor balances, and insurance-related settlements where required. Coordinate with internal stakeholders (Claims, Underwriting, Reinsurance, Finance) to resolve discrepancies. Reporting & Operational Support Assist in preparing periodic reports related to payables, commissions, and settlements. Support month-end closing activities and audit requirements. Handle queries from vendors, brokers, and internal teams in a timely and professional manner. What Equips You for the Role (Skills & Competencies) Strong understanding of insurance accounting processes (claims, commissions, reinsurance). Good knowledge of VAT and compliance requirements in the UAE. Proficiency in ERP/accounting systems and Microsoft Excel. High attention to detail and ability to manage high transaction volumes. Strong coordination and communication skills to work across multiple stakeholders. Ability to work independently and meet tight deadlines. Employment Type Full Time Company Industry Consumer DurablesConsumer Electronics Department / Functional Area AccountsTaxationAuditCompany Secretary Keywords Accounts SpecialistFinancial ReportingFinancial AnalysisJunior AccountantAccountingCorporate AccountantAccounts ReceivableUAE Accounting Get real-time job updates only on our App