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Senior Accountant at African Trade Insurance Agency

African Trade Insurance Agency is a pan-African institution that provides political risk insurance to companies, investors, and lenders interested in doing business in Africa. With deep roots in Africa, we are best positioned to understand and assess the risks here – and to help mitigate them.

Job Summary


Academic Qualifications

  • A Master’s degree in Business Administration (MBA)
  • A Bachelor’s degree in Finance or Accounting
  • Professional Qualification
  • Professional accounting qualifications e.g. CPA or ACCA


  • At least seven (7) years’ work experience including in accounting, internal controls and audit
  • Experience in the insurance industry
  • Experience in team management and supervision


  • Develop, maintain and implement proper operational controls for financial efficiency
  • Ensure complete operational compliance with manuals and policies, Board and Management financialinstructions and any applicable agreements
  • Ensure that proper books of accounts are kept and are free of mistakes
  • Ensure that deadlines are observed
  • Manage monthly closure of accounts and ensure compliance with ATI’s Financial Statement Close
  • Process (FSCP)
  • Prepare, on a monthly basis and in timely manner, the financial reports, trend analysis, cash-flowprojections, performance analysis, variance analysis (against the budget)
  • Assist in the preparation of quarterly reports to the Board of Directors
  • Prepare the annual Financial Statements in accordance to IFRS in timely manner
  • Keep abreast of new amended and revised IFRSs, analyzing their impacts and making sure they aretimely and properly implemented
  • Coordinate with internal and external auditors
  • Ensure that all standing instructions requiring any input control or action by the accounting unit are met
  • and observed precisely and correctly at all times
  •  Supervise the work performed by the Accountants and ensuring all items are timely and properly
  • booked, reviewing all journal entries before actual postings, reviewing all bank and balance sheet
  • balance sheet reconciliations on a monthly basis and ensuring that all reconciling items are resolvedin timely manner
  • Maintain and improve ATI’s accounting systems in liaison with the consultants and/or the softwaredevelopers
  • Manage the annual budgeting process
  • Participate in the approval process of both capital and operational expenditure and ensuring budgetavailability
  • Keep the CFO fully informed at all times of any adverse or unusual circumstances which may affectthe ATI’s financial position
  • Oversee the administration of the payroll
  • Oversee the maintenance of the fixed asset register and ensuring its accurateness and completeness
  • Maintain and improve manuals, policies and procedures
  • Perform such other duties as may be assigned to you from time to time

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