Middle Office Accounting Senior Expert

Allianz; Croydon; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading insurance firm in the UK is seeking an MO Accounting Expert to ensure data quality and compliance during accounting processes. The ideal candidate will have at least 3-4 years of accounting experience in a dynamic environment. This role offers opportunities for professional development and flexibility in work-life balance.

Benefits

Work Well programs

Career development

Flexible work-life balance

Qualifications

• At least 3-4 years of accounting experience in the insurance industry.
• Strong understanding of A&R master processes.
• Familiar with internal control culture.

Responsibilities

• Perform accounting calculations for Bad Debts and Provisions.
• Ensure closing deadlines are met by Finance Services team.
• Facilitate knowledge transfer across the accounting community.

Skills

Accounting expertise

SAP knowledge

Strong coordination

Fluent in English

Communication skills

Tools

Blackline

Job description

What you do

As a member of the Accounting department of the Finance Factory, the MO Accounting Expert is acting for a specific geographical area in Western Europe. The Specialist will be the MO Accounting owner, referent and expert for accounting data quality, ensuring the excellence of the operations related to the Accounting Calculations, Closing Review, Accounting and Regulatory Reporting and Accounting systems administration.

Key responsibilities during monthly, quarterly and annual close

Accounting Calculations

• Perform the calculations related to Bad Debts, to Provisions and accruals and to Fixed Assets

Closing Review

• Ensure closing deadlines are met by Finance Services team with data quality anytime in postings done into GRP and ECCS together with expected supporting documentation
• Perform Sanity Check on Suspense Account, premiums/service revenue/claims/commissions, payroll, investments, FX and Tax with a view to provide some sign-off on closing figures of the entities under his / her scope et entities
• Ensure Closing Quality Assurance and the compliance with standard booking schemes and the global accounting policy, in accordance with Group SOP and the enforcement of financial controls
• Perform ECCS upload
• Following closing review, provide the performance monitoring team with the identified issues, helping in monitoring and resolution of identified issues, post mortem review and remediation plan identificati

Regulatory Reporting

• Statutory,regulatory and specific reporting Accounting systems administration
• Access Right Management
• GRP: Set-up & Configuration, Tables Management, Interfaces Management, Incident Manageme

Other responsibilities

• Facilitating knowledge transfer across the accounting community
• Developing, implementing, and maintaining risk and control framework
• Managing operational governance and finance excellence in the region
• Stayinginformed about industry trends, best practices, and emerging accounting standards, and providing recommendations for their application to enhance financial reporting and analysis
• Communicate complex technical concepts and findings to other experts, finance factory doers, GRP KU or OM
• Collaborate with other departments from the Finance Factory (in particular mostly Finance Services, Reporting factory, Performance monitoring) including initiating/attending regular meetings, calls, etc. to ensure efficient use of group resources
• Collaborate very closely with peers within the MO Accounting team within the Finance Facto

What you bring

• At least 3-4 years of progressive accounting experience in the insurance industry preferably in an international large group reporting environment
• Strong accounting knowledge, sound understanding of the A&R master processes
• Willingness to accept and implement challenging topics in a dynamic environment
• Good SAP/GRP knowledge and general affinity to IT tools in finance context (Blackline,etc.)
• Fluent in English, any other language is a plus
• Strong coordination and good communication skills
• Strong decision making / solution focused
• Stress resistant, used to rigid deadline reporting environment (KPI driven)
• Ability to work in remote teams
• Familiar with a strong internal control culture (example IRCS)Capability of acting in a regional and local scope and multicultural environment

What we offer

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

82783 | Finance & Accounting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.