Senior Accountant, Financial Reporting

Munich Re•New York, NY

1d•$122,000 - $141,000

About The Position

The Senior Accountant, Financial Reporting is responsible for accounting, reporting, reconciliation, and plan and forecast activities related to the investment portfolio under IFRS and STAT, and assists with the quarterly income tax provision. Reporting to the Financial Reporting team, this role works with internal and external service providers to support timely and accurate financial and regulatory reporting. The position reviews investment accounting deliverables, coordinates statutory reporting and investment planning, prepares management reporting, supports tax provision and return preparation, and uses data analytics and technology to improve accounting and reporting processes. It also supports audits and internal controls, accounting research, documentation, ad-hoc requests, and continuous improvement.

Requirements

At least 4 years of progressive accounting experience.
Investment accounting experience.
Knowledge of investment accounting and financial reporting.
Advanced proficiency in Excel.

Nice To Haves

At least 3 years of public accounting experience.
CPA.
Insurance and/or financial services experience.
IFRS and insurance statutory accounting experience.
Income tax accounting knowledge.
SAP system experience.
Experience with Alteryx and Power BI.

Responsibilities

Serve as a liaison with MRAS Investment Accounting, the internal Investments Shared Service Center, and BlackRock, coordinating investment portfolio accounting, reporting, and reconciliation activities under IFRS and STAT.
Review reconciliations, impairment and fluctuation analyses, investment schedules, footnote disclosures, and other deliverables prepared by the MRAS Investments Accounting team, and ensure issues are resolved promptly.
Coordinate quarterly investment forecasts and annual investment planning activities.
Prepare the investment dashboard and other management and executive reporting.
Coordinate and review statutory investment schedules, disclosures, and regulatory reporting deliverables, ensuring they are complete, accurate, timely, and appropriately documented.
Prepare journal entries for AVR and IMR calculations, review investment income allocation and assigned IFRS and STAT account reconciliations, and oversee accounting, valuation, and monitoring activities for alternative investments and reinsurance trust arrangements.
Assist with quarterly tax provisions and annual tax returns by preparing inputs and managing the quarterly request list for the tax team.
Use data analytics and technology solutions, including Alteryx and Power BI visualizations, to develop management insights, automate recurring activities, and improve accounting and reporting processes.
Support internal and external audit requests and ensure adherence to internal control requirements, including ORCS and MARSOX.
Assist with accounting research, ad-hoc requests, process documentation, and continuous improvement initiatives.

Benefits

Two health insurance plan options: PPO or High Deductible.
Prescription drug coverage included in the health insurance plan.
Vision and dental insurance plans.
Basic life insurance equal to 1x annual salary and AD&D coverage equal to 1x annual salary at no cost.
Short- and long-term disability coverage.
Supplemental life and AD&D plans available for purchase for employees and dependents.
Voluntary Accident, Critical Illness, and Hospital Indemnity benefit plans.
401(k) plan with up to a 6% employer match.
Paid time off beginning at 24 days per year, with additional days for milestone service anniversaries.
Eligibility for a yearly employee bonus.
Health and wellness programs at no cost, including gym fitness reimbursement.
Paid time off for eligible family care needs.
Tuition assistance and educational achievement bonuses.
Corporate matching gifts program.
Paid time off to volunteer in the community.