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Munich Re · 2 days ago

Manager Financial Accounting

New York, United States

Full-time

Onsite

Mid, Senior Level

$140K/yr - $162K/yr

6+ years exp

Munich Re is the world’s leading reinsurance company, and they are seeking a Financial Accounting Manager to oversee accounting and reporting for the investment portfolio. The role involves managing relationships with internal and external service providers while ensuring compliance and accuracy in financial reporting.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Manage and oversee accounting and reporting (IFRS and STAT) and plan/forecast of the entire investment portfolio (fixed income and equities)

Serve as a primary liaison with MRAS Investment Accounting (internal Investments Shared Service Center) and BlackRock (external investment accounting service provider)

Own the management oversight function of the Investments Shared Service Center

Review and approve reconciliations, impairment analysis, fluctuation analyses, investment schedules, footnote disclosures and other key analyses/documents prepared by the Investments Shared Service Center

Liaise with the Investment Officer on executive reporting matters including the quarterly dashboard reporting and other relevant Investment Committee deliverables

Oversee all aspects of cash accounting, including processing and reconciliations of all insurance (technical) and non-insurance (non-technical) cash and suspense accounts

Review and approve journal entries, reconciliations and disclosures for other non-insurance areas, such as pension, lease and intercompany

Assist with accounting research and resolution on complex and new investment structures as required

Support function on all Investment Officer strategic projects, including restructuring of portfolios and alternative investment strategies

Oversee the calculation and bookings of AVR and IMR

Assist in various ad-hoc projects and requests

Assist in both internal and external audit requests

Ensure adherence to internal control compliance (ORCS and MARSOX)

Qualification

CPA designationInvestment accounting experienceIFRS accountingSAP systemPension accountingLease accountingIntercompany accountingContinuous improvement mindsetCommunication skillsOrganizational skillsTime management skillsTeamworkAttention to detailCritical thinkingProblem solving

Required

Bachelor's Degree in Accounting, Finance or Business

CPA designation

6+ years of progressive accounting experience, with 3+ years of public accounting experience preferred

Investment accounting experience required

Excellent communication, organizational and time management skills

Effectively works in a team environment and on an individual basis

Experience as a people manager with a proven record of successful leading, directing and coaching

High degree of attention to detail

Continuous improvement mindset

Ability to handle multiple projects simultaneously by prioritizing tasks

Strong critical thinking skills and problem solving capabilities

Preferred

Insurance and/or financial services

IFRS and Insurance Statutory accounting

Pension, lease and intercompany accounting

SAP system

Benefits

Comprehensive Medical Plans

PTO and Family Leave

Retirement Savings Plans

Dental and Vision Plans

Life and Disability insurance

Employee Assistance Program

Adoption Assistance

Wellness Programs - Calm, WW, SoFI, Virgin Pulse

Commuter Benefits

FSA and HSA Plans

Hospital Indemnity, Critical Illness and Accident Plans

Company

Munich Re

Glassdoor4.2

Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.

Founded in 1980

Munich, Bayern, DEU

10001+ employees

https://www.munichre.com

H1B Sponsorship

Munich Re has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (4)

2024 (7)

2023 (3)