Hr305: Financial Accountant, Re/insurance | Bermuda

Hamilton, ON, Canada

Job Description


FINANCIAL ACCOUNTANT \xe2\x80\x93 INSURANCE \xe2\x80\x93 BERMUDA \xe2\x80\x93 9% TAX \xe2\x80\x93 HR305

About this opportunity

Our client, a Nasdaq listed global (re) insurance group which acquires and manages insurance and reinsurance business in run-off is seeking a Financial Accountant. This positioning is responsible for various aspects of financial reporting and additionally supports Senior Financial Accountant with financial/accounting analysis.

Key responsibilities:

  • Responsible for financial reporting for our client and support of other Group companies including various Holding companies
  • Collating monthly salary & benefits data for intercompany expense recharges
  • Maintaining associated reconciliation schedules including intercompany reconciliations and evidence resolution of intercompany imbalances on monthly basis
  • Reviewing and maintaining Accrual register for Expense accruals including Balance sheet reconciliation and associated control checks
  • Reviewing of invoices paid to identify items subject to prepayment accounting
  • Managing day to day PO and AP system and review the accuracy of coding for all invoices transacted within the Bermuda Service Company, assisting staff locally in preparing purchases orders
  • Assisting with budget setting and responsible for Budget v Actual reporting with associated variance analysis commentary for Bermuda Service Company
  • Responsible for accurate and timely posting of expense journal items within General Ledger
  • Issuing external invoices as directed by senior management and acting proactively to recover intercompany and external receivable balances
  • Working closely with the local Treasury team to understand short and medium term cash requirements and minimize the level of operating cash
  • Assisting Internal and External audit programs
  • Assisting with local government, regulatory and trade association returns in accordance with instructions using data analysis techniques to automate where possible
  • Preparation of standalone financial statements where required
  • Participating in project activity to deploy more automation to the management fee, AvB, management report, and reconciliation processes
What you\'ll need
  • CA, CPA, or ACCA required; a bachelor\'s degree in Finance or related field advantageous
  • Minimum of 4 years of relevant experience, including responsibility for day-to-day bookkeeping and maintaining the computerised general ledger
  • Prior experience with a computerized general ledger system required
  • Experience preparing and reviewing journal entries reconciliation, maintaining receivables and accruals, and managing intercompany expense allocations preferred
  • Experience of working in a cross-border financial services company a plus
  • Experience working in a fast-paced, high-performance environment with a frequent need to adapt to change, new processes, procedures, controls etc
  • Ability to successfully coordinate and complete multiple tasks to meet established and changing deadlines
  • Ability to work under pressure, in a team, and independently at times
  • Strong communication skills in English, both verbal and written
  • Flexibility in an evolving and growth environment, couples with a positive, proactive attitude and a high standard or conduct
How to apply
  • To apply, attach your r\xc3\xa9sum\xc3\xa9 or include a link to your LinkedIn profile
  • If you don\'t provide one of the above, we can\'t progress your application
In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, together we\'ll help make it happen.

Hamilton Recruitment

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Job Detail

  • Job Id
    JD2201853
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Hamilton, ON, Canada
  • Education
    Not mentioned