Corp Acct & Financial Systems Analyst

We’re adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand.

Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive from traditional reinsurance coverages to niche and specialty reinsurance and insurance products.

The Opportunity

This position will support the general ledger functions and those responsibilities associated with balancing, analysis, reporting, and review, through oversight, coordination with other departments, and decision-making.

This position’s focus will entail maintaining the integrity of key financial statement data as well as bringing greater efficiency to the process by analyzing general ledger accounts and related data, as well as utilizing the general ledger reconciliation process to develop financial analysis under all three accounting bases (IFRS, US GAAP, STAT).

Key aspects of this position’s responsibilities include :

• Ensuring the SAP Global Template general ledger process’ data is accurate and meets all related deliverables.
• Overseeing, analyzing, and auditing the general ledger reconciliation process including fully understanding out-of-balance conditions.
• Evaluating current processes to identify areas for improvement.
• Documenting and communicating processes / best practices to departments across the organization.
• Ensuring the team delivers quality support to our internal customers.

Responsibilities :

• Analyze, research, and resolve system defects involving the General Ledger under all three accounting bases. This entails understanding complex system landscapes, as well as interacting with various departments in resolving associated questions or issues.
• Support the SAP Global Template general ledger processes; which includes posting journal entries, reviewing suspense / clearing accounts, monitoring subledger interfaces, and analyzing assigned general ledger account variances.
• Prepare and perform variance analysis and account reconciliations on assigned financial statement categories.
• Review existing processes to identify potential improvements and / or automation to assist in meeting deadlines for financial reporting.
• Assist in creating reports, procedures, and queries to respond to user requests.
• Prepare, update, and maintain user guides and provide system training to applicable departments.
• Support special projects when assigned.

Qualifications :

• B.S. in Accounting. Minor / Masters in business management or business information systems a plus.
• Strong communication and analytical skills.
• Ability to work independently and bring complex issues to resolution.
• Ability to work under very tight deadlines.
• Continually seeks to improve the accuracy and efficiency of the reporting process.
• An understanding of multiple basis of accounting - Statutory, US GAAP, and IFRS.
• Advanced knowledge of Excel.
• Strong attention to detail and multi-tasking skills.
• General ledger and / or SAP system experience preferred.
• Knowledge of IBM Cognos TM1 and Power BI a plus.

At Munich Re, we see Diversity, Equity, and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work.

We strive to provide a workplace where all of our colleagues feel respected, valued, and empowered to achieve their very best every day.

We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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