Part-Time Accountant (Insurance Company) Required in Kuwait

A Part-Time Accountant for an insurance company is responsible for managing the financial records and ensuring compliance with accounting standards and regulations. This role involves handling day-to-day financial transactions, preparing financial statements, assisting with budgeting and tax preparation, and maintaining accurate financial documentation. The accountant works closely with management to provide insights into the company’s financial performance while ensuring all financial practices align with industry regulations.

Salary	Market Competitive
Experience	5 years
Location	Kuwait
Qualification	Bachelor’s degree
Posted	25 September 2024
Job Type	Part-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities:

1. Financial Reporting and Documentation:

The Part-Time Accountant is responsible for preparing and maintaining accurate financial statements, including balance sheets, profit and loss accounts, and cash flow statements. This includes documenting all financial transactions and ensuring that records are kept up-to-date and compliant with legal requirements. Regular financial reporting helps management track the company’s financial health and make informed decisions.

2. Handling Accounts Payable and Receivable:

Managing both accounts payable and receivable is a core responsibility. The accountant ensures that invoices are issued on time, payments are processed, and all expenses are accurately recorded. This includes reconciling accounts, following up on outstanding payments, and ensuring the company maintains a strong cash flow.

3. Budgeting and Forecasting:

The accountant works closely with management to assist in the budgeting and forecasting processes. This involves reviewing current financial data, identifying trends, and helping to predict future financial performance. By providing financial insights and projections, the accountant plays a critical role in helping the company plan for growth and manage resources efficiently.

4. Tax Preparation and Compliance:

Ensuring that the company adheres to all relevant tax regulations is a key aspect of the role. The Part-Time Accountant is responsible for preparing tax documents, filing returns, and ensuring timely payments of taxes. They stay updated on tax laws affecting the insurance industry and ensure that all financial activities comply with these regulations to avoid penalties.

5. Auditing and Internal Controls:

The accountant is involved in maintaining internal controls to safeguard the company’s assets and ensure accurate financial reporting. This includes reviewing and auditing financial transactions to ensure compliance with company policies and industry regulations. By identifying discrepancies and implementing corrective measures, the accountant helps to maintain financial integrity.

6. Reconciliation of Accounts:

The Part-Time Accountant regularly reconciles various accounts, including bank statements, insurance premiums, and policyholder accounts. This ensures that all financial transactions are accounted for and accurately reflected in the company’s books. Regular reconciliations help in identifying errors early and maintaining the accuracy of financial records.

7. Financial Analysis and Advice:

The accountant provides financial analysis and advice to management. This includes interpreting financial data to highlight strengths, weaknesses, and opportunities within the company’s financial structure. They help guide decision-making processes by presenting data-driven insights on cost control, revenue growth, and overall financial health.

Skills and Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience in accounting, preferably in the insurance industry.
• Strong knowledge of accounting principles and financial reporting.
• Familiarity with insurance accounting practices and regulatory requirements.
• Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Excel.
• Excellent organizational and time management skills.
• Strong attention to detail and accuracy in financial records.
• Ability to work independently and manage multiple tasks.
• Knowledge of tax regulations and compliance.
• CPA or relevant certification is a plus.

A Part-Time Accountant for an insurance company plays a vital role in maintaining financial accuracy, ensuring regulatory compliance, and providing critical insights for financial planning. This role requires strong accounting skills, a keen eye for detail, and the ability to work independently to meet deadlines while supporting the company’s financial health and operational success.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:   ellen.gueco@gulfccs.com

Telephone:  +50865678,  90016442