<p>Our client is seeking a highly skilled professional to join their Malta-based finance team, contributing to the IFRS 9/17 close and reporting processes. This role involves close cooperation with local colleagues, group supporting departments, and the local Finance team, and offers the opportunity to be part of a cross-functional, semi-virtual IFRS 17/9 close team.</p><p>This position provides an excellent opportunity for development in the fields of reinsurance accounting within a prestigious international organization. The successful candidate will benefit from both internal and external training as needed.</p><p><strong>Responsibilities:</strong></p><ul><li>Contribute to the production of financial analysis and commentary for financial statements, footnotes, and ECON submissions, ensuring compliance with IFRS 17 requirements.</li><li>Coordinate the IFRS 17/9 close process by connecting the valuation and analysis of data with key stakeholders, including Reinsurance Accounting, Actuarial, Tax, Group, and Business stakeholders.</li><li>Reconcile IFRS 17 data submissions, ensuring data quality standards are met. Collaborate with local and group internal stakeholders to resolve any data quality issues.</li><li>Perform test activities and data quality assurance through validation and analysis of data.</li><li>Assist with managing "On Top Adjustments" (OTAs) required due to data cut-off, timing, or quality issues.</li><li>Support the development and automation of quality standards for accounting, systems, and reporting processes under IFRS 17.</li><li>Support the production, validation, and analysis of data and provide analytics to explain any quality issues.</li><li>Develop presentation materials to help management understand performance results, including ad-hoc and financial impact analysis for various stakeholders.</li><li>Implement local processing, closing, and reporting enhancements to fully leverage automation and streamline quality assurance under IFRS 17.</li><li>Ensure a robust internal and financial controls framework is in place.</li><li>Handle other general accounting, close, and reporting duties as assigned by management.</li><li>Participate in project work as assigned.</li></ul><p><strong>Profile and Skills:</strong></p><ul><li>University degree in accounting or equivalent qualification; ACCA preferred.</li><li>Strong technical accounting and reporting capabilities, with intermediate knowledge of IFRS standards relevant to insurance companies (e.g., IFRS 17, IFRS 9).</li><li>Several years of experience in insurance and/or reinsurance accounting and reporting.</li><li>Advanced expertise in quarterly and annual closing processes, and proficiency with accounting and reporting applications (e.g., SAP) specific to the insurance/reinsurance industry.</li><li>Strong proficiency in SAP applications for the insurance/reinsurance sector, such as SAP FSRI/FSCD, along with intermediate to advanced experience in Microsoft Office and data manipulation tools.</li><li>Experience in project work, including implementing accounting and reporting standards.</li><li>Quick to understand concepts and inter-relationships between various components of financial processes.</li><li>Assertiveness in dealing with cross-functional teams and stakeholders in a group-wide environment.</li><li>Strong quantitative and analytical skills with high attention to detail.</li><li>A positive, career growth-oriented mindset with a “ready for the next step” attitude, capable of taking on increased responsibilities, working independently, and collaborating cross-functionally.</li><li>Fluent in business English, with excellent communication skills to engage effectively with stakeholders at all levels.</li></ul><p>This role offers an exceptional opportunity to contribute to the success of one of the world’s leading reinsurance organizations, while expanding your expertise in IFRS 9/17 and reinsurance accounting.</p> •
Last updated on Oct 11, 2024