Senior/Principal Financial Analyst - Accounting Policy | Hybrid

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

Allianz Life Controller's organization is looking for an accounting policy professional with project management capabilities to join the accounting policy team. The team is responsible for setting and evaluating accounting policies, interpreting and developing guidance on emerging accounting standards and providing consultation and advice on technical accounting issues affecting Allianz Life. As trusted business advisors, the team is highly valued for playing a critical role in driving our strategy by advising on new business initiatives including product development, new investment strategies and business combinations, as well as positioning us for future accounting changes. These functions include responsibility for monitoring new accounting guidance, partnering with several business stakeholders, understanding underlying transactions, coordinating with external auditors and Allianz Group accounting policy on insurance, financial instrument and other accounting matters, researching technical accounting guidance and documenting conclusions in memos and accounting policies to ensure Allianz Life compliance. You'll have the opportunity to drive change in a fast-paced setting, while learning about a variety of topics, creating new ideas, developing relationships with colleagues on other teams and overseas, and presenting project status to senior and executive leadership of the Company.

 

Key Responsibilities:

• Establish and maintain strong, collaborative relationships with finance partners and other internal clients to understand the business and provide ongoing guidance on new business initiatives
• Work independently to research and analyze proposed and/or completed transactions, and author technical accounting memorandums documenting those transactions, primarily on IFRS and Statutory accounting bases
• Take an active role in the implementation of new accounting standards and the development of accounting policies
• Monitor, assess and communicate the effects of proposed Statutory, IFRS and US GAAP accounting standard changes and drive the implementation of adopted accounting standard changes
• Work in a fast paced, challenging and collaborative team environment with multiple and competing priorities
• Work closely with external auditors to address the accounting for significant transactions
• Communicate with senior and executive leadership on technical accounting matters and other projects
• Deliver high customer satisfaction in responding to routine and ad hoc external auditor, regulator, examiner, Allianz SE and internal customer requests
• Execute projects timely by managing project teams and coordinating completion of documentation related to those projects with cross-functional teams
• Concisely communicate status and other information about projects or other responsibilities to manager, work team, project team, and Company leadership

 

Leadership & Communication:

• Must be flexible and adaptable to an ever changing and demanding environment
• Demonstrates resilience and composure under stress
• Strong understanding of mission and vision of team, division and company and has the ability to help meet those goals and objectives
• Operates with a sense of urgency. Meets deadlines
• High level of motivation. Takes ownership for ensuring that work is performed with a high degree of accuracy and timeliness
• Assists with fostering an environment of collaboration in pursuit of common goals
• Able to identify problems, issues and potential solutions

 

Accounting Policy Team:

• Sets accounting policy for the entity and performs accounting research for projects, new products, new investments, business combinations, contracts and new IFRS and Statutory accounting standards
• Provides critical leadership within project team/working groups to facilitate understanding between multiple business areas and recognize upstream/downstream impacts of decisions, deliverables and results
• Support business partners and the Department on day-to-day accounting and reporting related issues
• Supports key financial relationships with regulators, examiners and auditors<