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Junior Accountant

Employer
Confidential
Location
Bangalore Bengaluru Karnataka, Karnataka, India
Salary
Competitive Salary
Closing date
Jun 24, 2024

View more

Job Role
Assistant Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
NEW OPPORTUNITY || IMMEDIATE TO 30 DAYS JOINERS REQUIRED ||

Position Title:- Qualified/ Semi-Qualified Accountant

Position Type:- 6 months of contract



Location:
- Bangalore, KA (Hybrid)


Experience Required:- 2+ Years of relevant experience

JOB PURPOSE

As Accountant - Internal Group Retrocessions you play a key role in managing the Non-Life Intragroup Retrocession (IGR) financial processes and ensuring the timely production of Non-Life IGR financial statements. You are furthermore responsible to support the payments run of all Non-Life IGRs.

Additional tasks include the controlling of the IGR results and ad hoc provision of comprehensive IGR variance analysis.

During the quarterly closing process you have the opportunity to collaborate with colleagues from other Finance Units and Finance IT to whom you will provide comprehensive analysis on specific transactions.

Working in a motivated and experienced team in a dynamic environment, you'll gain insight into various aspects of Non-Life reinsurance.

KEY ACCOUNTABILITIES
  • Responsible for the accurate implementation of Non-Life IGR contracts within our finance system landscape and testing thereof
  • Coordinating timelines of quarterly financial production of Non-proportional Non-Life IGRs
  • Production and timely submission of Non-proportional Non-Life IGR financial statements
  • Responsible for the quarterly reporting to all counterparties
  • Responsible for the quarterly payments in collaboration with Treasury
  • Analyse quarterly financial statements in respect of accuracy and completeness
  • Support the overall IGR process management
  • Ad hoc support in providing expert reports and analysis to our key stakeholders
  • Perform other position related tasks as instructed by Supervisor
  • Perform period close entries for all valuations

Other
  • Provide cover for roles in other teams
  • Any other ad hoc tasks as required from time to time


KEY SKILLS, KNOWLEDGE, QUALIFICATIONS & EXPERIENCE

• Part qualified Accountant with about 3 years atleast in Accounting, preferably on Intercompany transactions.

• Experience in working in a complex process environment required

• Experience working in cross-functional teams

• Knowledge of Insurance / (Re)Insurance / P&C business is a plus

• Willingness to develop an understanding of SR Group systems architecture for non-life business across all valuations

• Strong process & control orientation to enable delivery of quality output within short deadlines

• Good MS Office skills required

• Demonstrate personal accountability and dedication for area of responsibility

• Team player, good communication and interpersonal skills

• Ability to fluently communicate in English is necessary

Skills: Accounting, Insurance, Reinsurance, Ms Office

Experience: 2.00-4.00 Years

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