Financial Officer

The Client

Our Client is an established Insurance Brokers firm who are currently recruiting for an Finance Officer to join their team in Malta.

Main Duties
  • Perform a variety of clerical accounting functions such as compiling and sorting documents, calculating, reconciling and verifying statements, and posting transactions to accounts
  • Maintain established accounting practices and procedures 
  • Reconcile statements received from certain Insurers on a monthly basis  
  • Payments to local and foreign Insurers
  • Update the monthly accruals and prepayments file and ensure that all transactions have been carried out at month end
  • Compile the Premium Analysis report on a monthly basis 
  • Transfer company’s brokerage from Clients’ Money bank account to company’s bank account
  • Extract the debtors’ and creditors’ balances at month end and reconciling aged balances with the accounting software
  • Prepare payments due to suppliers for parts/car rentals/survey expenses incurred on claim settlements of clients
  • Prepare the stamp duty statement on a quarterly basis 
  • Document stamp duties charged on local policies placed with foreign insurers  
  • Reconcile commissions received from the insurers and verifying that all dues are collected
  • Compile end-of-year report of all gross premiums and commissions received per insurer on a monthly basis
  • Provide support and solve any queries that may arise
  • Assist the Finance department with any backlog duties which may arise from time to time

  • An A-level of standard of education in accounting
  • Basic computer skills, including knowledge of Sage
  • Previous experience in a similar role


Should you require further information, please, call Ivana on: +356 2099 4444 or directly on +356 99990319

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