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Financial Accountant (m/f/d)
AllianzGermanyfull_timeVerifiedPosted 16 Nov 2023
About the role
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<p>Let’s care for tomorrow.<br/>
Your ambitions. Your dreams. Your tomorrow.</p>
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<p>Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. </p>
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<p>We are looking for a Financial Accountant (m/f/d) – based in Munich.</p>
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<p>The Impact You Will Have <br/>
Reporting to the Head of External Reinsurance Accounting, you will be in charge of handling the reporting and closing activities as well as project work in your area of responsibility. </p>
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<p>Some of your specific responsibilities could include</p>
<ul>
<li>Document application of policies, procedures and workflow for your areas of responsibility</li>
<li>Archive records to satisfy audit and statutory requirements</li>
<li>Draft standards to improve quality as well as actively contribute in improving and implementing global operation cycles, processes and workflows as well as implementing global policies and procedures</li>
<li>Project work </li>
<li>Ensure that all IFRS, GAAP and Statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities, NAIC reporting, other internal/external reporting requirements) related to your area of responsibility are accurate and timely on a global basis</li>
<li>Complete postings, Journal Entries and Account reconciliations on a periodic basis. Reconcile and settle intercompany transactions within the affiliated company group</li>
<li>Coordination, transfer and reconciliation of data from interfaces of front-end systems</li>
<li>Take care of monthly legal entity close submission activities, including posting of accruals, deferred acquisition expenses and other accounting transactions. </li>
<li>Manage relationship with 3rd parties (auditors, biz units, tax authorities, public authorities, etc.)</li>
<li>Global P&L analysis and reviews: Assist internal clients (e.g. other departments) with reports, research and other activities. </li>
</ul>
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<p>What You’ll Bring to the Role</p>
<ul>
<li>Tertiary qualification in Business Administration, Economics, Finance, Accounting or comparable degree preferred or qualified by experience in related discipline</li>
<li>A few years of professional experience in reinsurance, P&C insurance and/or asset management</li>
<li>Proven understanding of standard accounting (GAAP & IFRS) for insurance and reinsurance</li>
<li>Solid experience in project and team work in an international and dynamic environment</li>
<li>Good understanding of insurance financial statements and their performance measurement including drivers</li>
<li>Comprehensive knowledge of local GAAP, IAS / IFRS, Regulatory, Tax and other relevant requirements (such as Allianz Accounting policies) with regard to reporting, compliance and declaration</li>
<li>Excellent ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows</li>
<li>Willingness to learn and ability to take initiative and ownership</li>
<li>Intercultural skills</li>
<li>Experience with VBA would be a plus.</li>
<li>Fluent English skills required, German skills are a plus</li>
</ul>
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<p>34362 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent</p>
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<p>What’s in it for you?</p>
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<p>Let’s care about everything that makes you, you<br/>
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.</p>
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<p>Let’s care for your financial wellbeing<br/>
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.</p>
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<p>Let’s care for your opportunities to progress<br/>
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.</p>
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<p>Let’s care for life’s twists and turns<br/>
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. </p>
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<p>Let’s care for our society and our planet<br/>
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.</p>
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<p>Care to join us?</p>
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<p>Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to fami
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