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This role supports the accounting activities for the close and consolidation of North American entities' financial statements for the business unit, including preparing IFRS and statutory financial statements, ensuring compliance with accounting policies, and managing financial reporting processes. The role also involves collaborating with different departments, driving local and global initiatives, and adhering to regulatory and audit requirements.
Job Responsibility:
Prepare monthly financial statements on an IFRS basis, including completion of ECCS submissions to Allianz Commercial
Prepare quarterly and annual statutory financial statements (Yellow books) for the insurance companies and completes reconciliations between IFRS and statutory reporting
Draft Footnote disclosures and management discussions and analysis for regulatory reporting
Prepare consolidated audited financial statements and coordinates audit requests within Finance, Underwriting and Claims
Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy
Participate in daily close meetings and assists in monitoring timeliness of close processes and identifying items for discussion or resolution
Identify and execute on process improvements to minimize manual efforts and focus on automation or semi-automation of processes
Manage to the data quality standards within the team to meet regulatory requirements and internal reporting needs
Archive records to satisfy audit and statutory requirements
Assist internal clients (e.g. other departments) with reports, research and other activities
Key contact for other functions regarding accounting results, processes, and internal controls
Drive both global and local initiatives as needed
Correspond and answer inquiries with third-party entities, including auditors, business units, tax authorities, public authorities, and others
Requirements:
1-3 years' experience in Financial Statement preparation
1-3 years' experience working for an international organization
1-3 years' experience in insurance accounting experience, including knowledge of US statutory and GAAP accounting principles
Knowledge of IFRS is a plus
A willingness to learn and explore how AI can enhance your role and the broader organization is expected
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