Allianz Commercial · 4 hours ago
Sr. Accountant I
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$71K/yr - $107K/yr
3+ years expAllianz Commercial is seeking a Senior Accountant I to be based in their Chicago office. This role is responsible for supporting all accounting activities related to the financial statements for North American entities, including preparing IFRS and Statutory financial statements and ensuring compliance with accounting policies.
Insurance
No H1B
Responsibilities
Prepares monthly technical close entries on an IFRS basis, including completion of ECCS submissions to Allianz Commercial. Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy
Prepare quarterly and annual Statutory schedules for multiple legal entities
Complete reconciliations between IFRS and Statutory reporting
Drafts Footnote disclosures and management discussions and analysis for regulatory reporting
Actively participates in daily close stand up team meetings, self monitoring of tasks completion and assists in monitoring timeliness of close processes and identifying items for discussion or resolution
Completes monthly account reconciliations
Responds to state inquiries about financial results and coordinates state examinations of the insurance companies as needed
Archive records to satisfy audit and statutory requirements
Qualification
Required
3-5 years experience in Financial Statement preparation
3-5 years experience in relevant insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus
Knowledge of IFRS/Statutory Accounting, with an emphasis on financial reporting
Knowledge of insurance accounting principles, especially for property and casualty companies
Experience with SAP/BW/Cognos and proficient in Microsoft Office products
Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements
Accounting, Finance or Business degree
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship
Preferred
CPA Preferred
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred
Benefits
Generous bonus scheme
Pension
Private healthcare
Generous parental leave benefits
Company
Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Partyka
Head of Cost Controlling CxO ex COO
Christina Hager
Sr. HR Business Partner
Company data provided by crunchbase