Position Summary

 

This role consists of ensuring quality of Financials (Balance Sheet & Profit & Loss) and managing specific accounting calculations, closing review and regulatory reporting for the legal entities under responsibility. The Middle Office Accounting Associate shall be assigned to participate as an Expert key user in Accounting transformation projects, including but not limited to IT system rollout, process harmonization and new business tender & onboarding.

 

Key Result Areas

 

Accounting Calculations

Perform the calculations related to Bad Debts. Perform the calculations related Provisions and accruals. Perform the calculations related Fixed Asset.

 

Closing Review

Ensure data quality, accuracy and timeliness of the postings done into the accounting systems and provide feedback on the identified recurring issues. Perform Sanity Check on Suspense Account, premiums/service revenue/claims/commissions, payroll, investments, FX and Tax. Ensure Closing Quality Assurance and the compliance with standard booking schemes and the Accounting Policy. Perform review of balance sheet reconciliations. Monitor and report progress of the closing. Supervise and/or perform upload of Financials in Consolidation tool, Perform post-mortem review of the closing review process to identify, monitor and resolve issues and design and implement improvements to the process.

 

Regulatory Reporting

Perform and communicate Statutory Reporting. Perform and communicate Regulatory Reporting. Perform and communicate Specific Reporting.

 

Accounting process automation and enhancement

Support transformation projects related to Accounting Processes and Regulatory Reporting as a Subject Matter Expert, including but not limited to IT system rollout, process harmonization and new business tender & onboarding.

 

63558 | Finance & Accounting | Professional | Allianz Partners | Full-Time | Permanent
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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. 
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