Your Responsibilities
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented, and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Purpose of the role
The Accountant role within the IBA Finance department is pivotal for the organization's financial management. It involves overseeing a spectrum of daily operations with meticulous attention to detail and a strong focus on regulatory compliance. This encompasses various critical accounting functions such as credit control, allocation of funds, thorough reconciliation processes, and other essential financial tasks. The role requires a deep understanding of financial principles and regulations to ensure accuracy and integrity in all financial transactions. In essence, this role is not just about managing numbers; it's about safeguarding the financial health of the organization by maintaining precision, compliance, and transparency in all financial operations.
Responsibilities
- Reconciliation of Bank, Clients, Underwriters, Intercompany and IBA accounts
- Handling Lockton’s key accounts in terms of furnishing their reconciled statements, updating their trackers, allocating their payments, and resolving all their queries.
- Timely processing and correct allocation of all cash receipts and payments on GXB
- Credit control of premiums/commissions for timely collections and settlement.
- Attend to all queries and escalations from insurers, clients & brokers.
- Assist in the preparation of aging reports, PPW reports, renewal reports, and other credit control-related reports.
- Allocation of draws against producer’s commissions, receipts from other Lockton offices, and allocating unmatched cash.
- Ensure all discrepancies/queries are handled/referred to appropriately and in a timely manner.
- Maintain good insurer broker relationship in respect of the accounting functions.
Qualifications
Qualifications
- A bachelor's degree in finance, accounting, or related field is preferred.
- At least 3-5 years of overall experience particularly in a finance or accounting role.
- A thorough understanding of and adherence to Lockton standards and procedures.
- Strong numerical and data analytical skills with attention to detail.
- Ability to build and maintain good business relationships with clients, insurers, and associates.
- Ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
- Protects the confidentiality of information learned by performing position duties.
- Ability to work effectively in a team and collaborate with cross-functional departments.
- Proficient computer skills specifically in Microsoft products (Word, Excel, Outlook) and similar software applications.
- Excellent communication skills, both written and verbal.
- Demonstrates strong adaptability and actively seeks opportunities for professional growth and development.
