Senior Financial Accountant (m/w/d)

Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business, offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Senior Financial Accountant (m/w/d) to join our Financial Closing & Reporting Europe team at Allianz Commercial in Munich.

Your Team

Financial Closing & Reporting Europe team is part of a global Accounting organization with teams and colleagues across the whole globe. The Financial Closing & Reporting Europe team is responsible for the non-insurance related closing tasks under IFRS, HGB and Solvency II, the preparation of the annual report for Allianz Global Corporate & Specialty SE (AGCS SE) and its subsidiary Allianz Risk Transfer AG (ART AG) as well as for several regulatory and management reporting.

The Impact You Will Have

You will have in this position a significant impact upon our global business: from general ledger accounting to closing; from data analysing and reporting to providing a truly consultative service to our global stakeholders.

Some of your specific responsibilities could include:

• Ensure that all IFRS, GAAP and Statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities, NAIC reporting, other internal/external reporting requirements) related to your area of responsibility are accurate and timely on a global basis.
• Execute assigned postings, journal entries and account reconciliations on a periodic basis. Reconcile and settle intercompany transactions within the affiliated company group.
• Coordination and reconcilation of data from interfaces of front-end systems.
• Ensure that all closing activities including posting of accruals, deferred acquisition expenses and other accounting transactions are completed in a timely manner.
• Support colleagues in the near- and offshore entities with their closing tasks, coordinate the tasks and supervise the teams and perform quality checks on the work done.
• Document application of policies, procedures and workflow for your areas of responsibility.
• Archive records to satisfy audit and statutory requirements.
• Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes and workflows as well as the implemention of global policies and procedures.
• Global P&L analysis and reviews: Assist internal clients (e.g. other departments) with reports, research and other activities. Identify items or discussion or resolution.
• Manage relationship with 3rd parties (auditors, tax authorities) and other business units.

• Degree preferably in Finance, Accounting, Business Administration, Economics or qualified by experience in related discipline
• Professional qualification related to Accounting (e.g. CPA, ACCA, etc.)
• Ideally 3 years of professional experience in Reinsurance, P&C Insurance and/or Asset Management
• Ideally 3 years of experience working with standard accounting (GAAP & IFRS) for insurance and reinsurance
• Comprehensive knowledge of local GAAP, IAS/IFRS, Regulatory, Tax and other relevant requirements with regards to reporting, compliance and declaration
• Excellent analytical thinking and problem solving skills
• Excellent ability to manage projects and to handle complex processes including understanding of data flows, documentation of processes, analysis of root causes and creation of action plans
• Ability to collaborate across teams and remotely as well as ability to supervise and coordinate near- and offshore teams without authority
• Advanced digital skills with knowledge of data architecture, understanding the potential of data analytics and the ability to digitalize the accounting processes and explain the accounting needs to third parties
• Advanced Office skills like Excel, Access & Powerpoint to effectively analyze data and convey messages in a winning fashion and proficiency in using systems in your own area (like SAP, Business Warehouse)
• Fluent English and German skills (in written and spoken) are required
• Willigness to travel to Zurich (CH) and Schaan (LI) from time to time

59970 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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