Manager and Accountant

3 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Oil And Gas Job Search Ltd Full time
  • JOB PURPOSE:
  • Directs the development and management ofinsurance stratergies, whether stand alone Policies or as part ofADNOC Group Insurance Blanket Policies, to protectCompany's business from financial loss due to accidents.Ensures that the various Company's assets (plants,machinery, equipment, residential, offices, pipelines, stock, newprojects, etc.), third parties and legal liabilities carry adequateinsurance coverage in accordance with ADNOC policies and standards.Ensures that adequate and cost effective insurance covers foremployees are in place and in line with the applicable lawsagiainst accident, medical and legal liabilies. Provides Managementinsurance and contract related services aiming at safe guardingcompany's revenue and sources.
  • KEYACCOUNTABILITIES:

Job SpecificAccountabilities

InternalAudit:

  • Directs & ensures timelycompliance and implementation of all agreed Internal AuditPoints.
  • Directs & supervisespreparation of Company's yearly assets list includingadditions/deletions, motor vehicle fleet, Navigational Aids,mothballed, transferred & shared assetslist.
  • Directs and liaises with concernedDivisions for review of yearly Assets Valuation Report and analysestheir response in accordance with the risksinvolved.
  • Evaluates and recommends forManagement resolution the contractual, labour, insurance and otherclaims & disputes involvingTAKREER
  • Manages and analyses the life insurancecover in respect of our employees' disability, overseasmedical expenses etc.
  • Supervises &directs insurance declaration in respect of cash includingcompany's profile annual information (estimated annualturnover, products information, area of operationetc.).
  • Acts as custodian for vitalcompany's documents such as insurancecontracts/policies.
  • Directs and managesinsurance declaration of the annual detailed list of eligibleemployees' and their dependents toInsurers.
  • Manages and supervises thearrangement of insurance cover in respect of company'sMinor/Major projects to insurers.
  • Manages anddirects the insurance declaration of estimated & actualvalues of cargo (shipped byLand/Air/Sea).
  • Manages the process of insuranceclaims notifications to Insurers; these insurance claims belong toemployees/ assets/ projects/liabilityetc.
  • Directs settlement negotiation withinsurers/ loss adjusters & technical adjustments of claimsensuring proper calculations of loss amount, application ofdeductibles, collection of information/documents and ensuressigning of discharge receipt by authorized person in thecompany.
  • Liaises with ADNOC to reach anagreement through arbitration or resorting to legal proceedings incase of failure to have a smooth settlement withInsurer.
  • Manages & ensures that RiskManagement studies in respect of major projects are completedimmediately on completion of FEED & directs the process ofRisk Management Review for assets to ensure that the RiskMitigation Recommendations made by Insurance Consultants areimplemented.
  • Participates/ contributes inCompany's committees for evaluation and development ofcontracts, manuals or regulations.
Key Skills
Accounting
Employment Type : Full-time
Department / Functional Area: Accounting
Experience: 3 Years - 6Years years
Gender: Male
Vacancy: 1
Joining Date: Fri, 31 Jan 2025
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