Zurich Workplace Solutions is the region’s leading end-of-service benefits provider operating in the Dubai International Financial Centre (DIFC). We manage the DEWS (Defined End of Service Benefits) scheme — a mandatory workplace savings plan that provides end-of-service benefits to employees in compliance with DIFC Employment Law.
We are looking for a Finance Officer with outstanding organizational skills and a keen attention to detail, who is passionate about financial accuracy and excels in reconciliation processes. As Finance Officer, you should be able to manage finance operations—including collections, payments, and unit and bank reconciliations—with minimal supervision. All tasks should be completed in line with established service levels and procedures.
Job Accountabilities
As Finance Officer, your role will involve:
Collection and Reconciliation: Processing of employer monthly Contributions. Liaise with member companies in case of mismatches in amounts received. Perform end to end daily bank reconciliations. Manage and track excess contributions, shortfalls, and refunds, working closely with members and internal teams. Respond professionally to contribution or investment related queries from member companies and external partners (Written and Verbal).
Investment Operations Coordination: Ensure timely and accurate placement of trades based on reconciled contributions. Monitor trade settlement timelines and support accurate processing of Switches, redemptions and phased switches initiated by members.
Reporting and support: Provide input to monthly and ad hoc reporting to Trustees, Regulators and Senior Management ensuring data integrity through robust reconciliation. Support finance project and system enhancements.
Controls and Compliance: Ensure reconciliation processes are aligned with internal policies, regulatory standards and audit requirements. Escalate unresolved issues in a timely manner and follow through to resolution by engaging relevant stakeholders. Proactively assess financial and operational processes to identify and implement control improvements.
Insights and continuous improvement: Leverage financial data to detect trends, spot anomalies and identify opportunities for operational enhancements. Proactively contribute ideas for process automation, efficiencies, and system improvements. Collaborate with internal departments and external stakeholders to address queries related to contribution discrepancies or investment issues. Ensure compliance for assigned transactions to agreed service levels. Performs general administration activities in support of the team.
Job Qualifications
To be successful in this role, you must have:
Bachelor's Degree (or equivalent) in Finance, Accounting, or related field.
3 or more years of experience within Financial Services, pensions, investment operations or related sectors.
Proven experience in bank reconciliation and financial operations and controls.
High attention to detail with strong analytical and problem-solving capabilities.
A proactive, collaborative mindset and strong organizational, reporting and data management.
Strong communication skills both written and verbal and confidence in handling client facing conversations.
Proficiency in Microsoft Excel and other MS office applications. Working knowledge of Tableau or Power BI is a plus.
Take action to manage own personal development and digital learning.
Ability to quickly adapt to technical systems and internal procedures.
Familiarity with hybrid working environment and the ability to manage responsibilities effectively both in office and remotely.
Why Zurich
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?
We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!
Join us as we constantly explore new ways to protect our customers and the planet.
Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 75 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns. Our customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. ONE TEAM, ONE PURPOSEWe are Zurich, one global company, with one mission, one ambition, one set of shared values and a clear commitment to our stakeholders: our customers, our people, our shareholders, and the communities in which we live and work.You can find our community guidelines on: https://www.zurich.com/services/social-media
Disclaimer: talentmate.com is only a platform to bring jobseekers & employers together.
Applicants
are
advised to research the bonafides of the prospective employer independently. We do NOT
endorse any
requests for money payments and strictly advice against sharing personal or bank related
information. We
also recommend you visit Security Advice for more information. If you suspect any fraud
or
malpractice,
email us at abuse@talentmate.com.
You have successfully saved for this job. Please check
saved
jobs
list
Applied
You have successfully applied for this job. Please check
applied
jobs list
Do you want to share the
link?
Please click any of the below options to share the job
details.
Report this job
Success
Successfully updated
Success
Successfully updated
Thank you
Reported Successfully.
Copied
This job link has been copied to clipboard!
Apply Job
Upload your Profile Picture
Accepted Formats: jpg, png
Upto 2MB in size
Your application for Finance Officer
has been successfully submitted!
To increase your chances of getting shortlisted, we recommend completing your profile.
Employers prioritize candidates with full profiles, and a completed profile could set you apart in the
selection process.
Why complete your profile?
Higher Visibility: Complete profiles are more likely to be viewed by employers.
Better Match: Showcase your skills and experience to improve your fit.
Stand Out: Highlight your full potential to make a stronger impression.
Complete your profile now to give your application the best chance!