Background

Prime Life Insurance Limited is a life insurance company established in 1995 by Rwandan investors and licensed by the National Bank of Rwanda (BNR).

The Company is seeking to recruit a highly qualified, self-motivated, competent to fill the position of Accountant.

Position Summary

The accountant will be responsible for financial reporting, general ledger management, account reconciliations, budgeting, tax compliance, and the preparation of financial statements.

The accountant will also ensure compliance with applicable laws, regulations, accounting standards, and internal policies, while contributing to the improvement of internal controls and providing financial information to support management decision-making.

Duties and Responsibilities

The accountant will be responsible for the following:

• Preparing, reviewing, and posting journal entries accurately and on time.
• Preparing monthly bank reconciliations and following up on outstanding reconciling items.
• Preparing balance sheet account reconciliations.
• Preparing tax computations and ensuring the timely filing of applicable tax returns.
• Preparing final accounts, financial and management reports for internal and external stakeholders.
• Maintaining proper accounting records and ensuring that financial documents are filed in accordance with the Company’s records-management policy.
• Liaising with internal and external auditors and providing the required information and supporting documents.
• Maintaining and monitoring the Company’s fixed asset register.
• Monitoring accounts payable and supplier balances.
• Ensuring that supplier invoices and payments are properly supported, authorised, and recorded.
• Participating in the preparation, monitoring, and review of the Company’s annual budget.
• Analysing financial information and providing relevant recommendations to management.
• Ensuring compliance with applicable accounting standards, tax laws, regulatory requirements, and internal policies.
• Supporting the continuous improvement of accounting procedures and internal controls.
• Performing any other related duties assigned by management or included in the employee’s performance contract.

Required Skills and Competencies

The successful candidate must possess the following skills and competencies:

• Strong knowledge of budgeting and financial analysis.
• Good knowledge of Rwanda’s tax laws and regulations.
• Good knowledge of International Financial Reporting Standards (IFRS).
• Strong understanding of double-entry accounting and financial reporting principles.
• Excellent analytical and problem-solving skills.
• Ability to work effectively both independently and as part of a team.
• Competent information technology skills, particularly proficiency in spreadsheet and accounting software.
• High level of accuracy and attention to detail.
• Strong organisational and time-management skills.
• Ability to prepare clear, accurate, and well-organised financial records and reports.
• High level of integrity, professionalism, confidentiality, and discretion.
• Ability to work under pressure and meet reporting deadlines.
• Good written and verbal communication skills.

Academic and Professional Qualifications

Applicants must meet the following requirements:

• Hold a Bachelor’s Degree with Honours in Accounting, Finance, or a related field.
• Possess a recognised professional accounting qualification, such as CPA, ACCA, or an equivalent qualification.
• A first-class degree is preferred.
• Be below 28 years of age.
• Having experience of at least 1 years in accounting works is added advantage
• Experience working in a busy organisational environment will be an added advantage.

• Preparing, reviewing, and posting journal entries accurately and on time.
• Preparing monthly bank reconciliations and following up on outstanding reconciling items.
• Preparing balance sheet account reconciliations.
• Preparing tax computations and ensuring the timely filing of applicable tax returns.
• Preparing final accounts, financial and management reports for internal and external stakeholders.
• Maintaining proper accounting records and ensuring that financial documents are filed in accordance with the Company’s records-management policy.
• Liaising with internal and external auditors and providing the required information and supporting documents.
• Maintaining and monitoring the Company’s fixed asset register.
• Monitoring accounts payable and supplier balances.
• Ensuring that supplier invoices and payments are properly supported, authorised, and recorded.
• Participating in the preparation, monitoring, and review of the Company’s annual budget.
• Analysing financial information and providing relevant recommendations to management.
• Ensuring compliance with applicable accounting standards, tax laws, regulatory requirements, and internal policies.
• Supporting the continuous improvement of accounting procedures and internal controls.
• Performing any other related duties assigned by management or included in the employee’s performance contract.

• Strong knowledge of budgeting and financial analysis.
• Good knowledge of Rwanda’s tax laws and regulations.
• Good knowledge of International Financial Reporting Standards (IFRS).
• Strong understanding of double-entry accounting and financial reporting principles.
• Excellent analytical and problem-solving skills.
• Ability to work effectively both independently and as part of a team.
• Competent information technology skills, particularly proficiency in spreadsheet and accounting software.
• High level of accuracy and attention to detail.
• Strong organisational and time-management skills.
• Ability to prepare clear, accurate, and well-organised financial records and reports.
• High level of integrity, professionalism, confidentiality, and discretion.
• Ability to work under pressure and meet reporting deadlines.
• Good written and verbal communication skills.

• Hold a Bachelor’s Degree with Honours in Accounting, Finance, or a related field.
• Possess a recognised professional accounting qualification, such as CPA, ACCA, or an equivalent qualification.
• A first-class degree is preferred.
• Be below 28 years of age.
• Having experience of at least 1 years in accounting works is added advantage
• Experience working in a busy organisational environment will be an added advantage.