Accountant (Insurance Brokerage)

About the role

An insurance brokerage firm based in Ikoyi, Lagos is looking for an Accountant to manage its brokerage accounts, covering premium and commission records, reconciliations, management accounts and audit support. The position is open only to accountants who have worked in the finance department of an insurance brokerage firm and have used Vitse Brokers software.

Key responsibilities

• Record and monitor premiums received from clients and remittances to insurers on Vitse Brokers software
• Track commission income, debit notes, credit notes and outstanding client and insurer balances
• Prepare monthly management accounts and financial reports
• Carry out bank and ledger reconciliations, including client and insurer account reconciliations
• Follow up outstanding premiums and receivables, and monitor cash flow and expenses
• Prepare schedules and documentation for internal and external audits
• Assist with tax computations, statutory filings and compliance (VAT, WHT, PAYE and company income tax)

Required profile

• B.Sc. or HND in Accounting, Finance or a related field
• 2 to 3 years of accounting experience in an insurance brokerage firm (mandatory)
• Hands-on, day-to-day experience with Vitse Brokers software (mandatory)
• Experience preparing management accounts, reconciliations and audit schedules
• Good working knowledge of Excel and Nigerian tax compliance
• Accurate, organised and trustworthy with client funds