Finance Officer

Description About the Role We are seeking a detail-oriented and proactive Finance officer to join our finance team. This role is responsible for managing a broad range of accounting activities, including Accounts Payable, Accounts Receivable, Taxation, Treasury, and financial reconciliations. The successful candidate will play a key role in maintaining financial accuracy, supporting business operations, and driving timely collection and settlement processes.

Key Responsibilities Accounts Payable (AP)

• Review vendor payments and employee reimbursement claims to ensure complete and valid supporting documentation, including tax invoices.
• Verify approvals from local management before processing payments.
• Prepare accounting entries, expense coding, and withholding tax calculations.
• Record and maintain accurate journal entries in accordance with company policies and accounting standards.

Accounts Receivable & Settlement (A&S)

• Review trade Accounts Receivable (AR) allocations and related journal entries.
• Validate withholding tax calculations and accounting treatments.
• Review carrier settlements prior to approval, ensuring accurate application of VAT regulations and tax requirements.
• Prepare commission and brokerage reclassifications, considering withholding tax, foreign exchange impacts, and non-fiduciary account transfers.
• Conduct monthly reconciliation of trade Accounts Payable balances against carrier Statements of Account.
• Support brokers by providing premium settlement information and financial details upon request.

Taxation

• Collect and maintain withholding tax documentation from clients and carriers.
• Prepare tax settlement schedules based on reviewed and validated information.
• Generate and issue tax invoices in compliance with local tax regulations.
• Support tax compliance activities and liaise with external tax consultants when required.

Collection & Credit Control

• Distribute AR aging reports to business stakeholders and monitor collection progress.
• Follow up on overdue client balances, prioritizing material outstanding accounts.
• Escalate long-outstanding receivables to brokers and relevant stakeholders for further action.
• Perform and monitor intercompany collection activities to ensure timely settlement.

Treasury

• Prepare monthly bank reconciliations and investigate outstanding items.
• Support the issuance of bank references and assist with bank guarantee documentation for tender submissions.
• Coordinate with banking partners and internal stakeholders on treasury-related matters.

Qualifications Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
• 3-6 years of experience in accounting, finance operations, taxation, or treasury functions.
• Experience within insurance, broking, financial services, or professional services industries will be an advantage.
• Strong knowledge of Accounts Payable, Accounts Receivable, tax compliance, reconciliations, and treasury processes.
• Familiarity with VAT, withholding tax (WHT), and financial reporting requirements.
• Experience handling multi-currency transactions and reconciliations.

WTW is an equal opportunity employer.