Senior Accountant, General Accounting

Munich Re•New York, NY

6d•$122,000 - $141,000

About The Position

The Senior Accountant – General Accounting executes and coordinates accounting activities, including cash and bank reconciliations, suspense clearing, lease, pension, payroll, fixed asset, and other recurring close processes. The role prepares and reviews journal entries, reconciliations, supporting schedules, and reporting deliverables under IFRS and statutory accounting requirements. It investigates complex reconciling items, partners with business owners and service providers, supports audits and disclosures, and helps strengthen controls and improve accounting processes. The position also supports ECON, statutory, tax, and other reporting deliverables, including schedules, footnotes, PBC requests, and management reporting. It maintains compliance with internal controls, retains audit evidence, and may provide guidance or review support to other team members. Munich Re offers insurance coverage, retirement benefits, paid time off, wellness programs, tuition assistance, charitable matching, and volunteer time. For New York City-based employees, the anticipated base salary range is $122,000 to $141,000, plus an opportunity for an annual company bonus.

Requirements

At least 4 years of progressive accounting experience, including journal entries and account reconciliations.
CPA required.
Advanced proficiency in Excel and ability to analyze large or complex account activity.

Nice To Haves

Experience with cash accounting, bank reconciliations, suspense or clearing accounts, and period-end close preferred.
Experience with lease, pension, payroll, fixed asset, intercompany, or financial reporting activities preferred.
Insurance or financial services experience preferred.
Public accounting experience is a plus.
Experience with Oracle Fusion, SAP, BlackLine, or comparable ERP and reconciliation tools preferred.
IFRS and Insurance Statutory accounting experience is a plus, as is the ability to research and apply accounting guidance.
Experience with Alteryx and Power BI preferred.

Responsibilities

Own assigned monthly, quarterly, and annual close activities, including preparing journal entries, account reconciliations, supporting schedules, and required sign-offs; research differences, document conclusions, and escalate significant or unresolved matters.
Perform and coordinate bank reconciliations for technical and non-technical accounts, validate cash activity, investigate timing differences, follow up on missing or incomplete bank files, and support cash-to-zero and ZBA entries.
Monitor cash and payroll suspense activity, research open items, and coordinate resolution with Treasury, Payroll, Technical Accounting, Reinsurance Accounting, and other business partners.
Prepare reclassification and clearing entries for payroll tax, 401(k), deferred compensation, and other suspense balances, as applicable.
Perform lease and sublease accounting, including monthly and quarterly entries, reclassifications, suspense and account reconciliations, and financial reporting support; coordinate lease changes and maintain documentation.
Prepare quarterly pension expense entries, annual true-up entries, pension account rollforwards, reconciliations, and supporting schedules; review actuarial information, analyze movements, and support statutory and IFRS footnotes and audit requests.
Perform accounting and reporting for fixed assets, depreciation, non-admitted assets, equity rollforwards, intercompany items, Business Related Services, and other assigned recurring or ad hoc activities.
Prepare and support ECON, statutory, tax, and other reporting deliverables, including schedules, footnotes, PBC requests, and management reporting; ensure deliverables are accurate, complete, timely, and traceable to accounting records.
Maintain compliance with internal controls, including ORCS and MARSOX requirements, retain evidence, and support internal and external audits.
Identify process improvement opportunities using data analytics and technology solutions such as Alteryx and Power BI, update procedures, and provide guidance or review support to other team members as assigned.

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 plans.
401(k) plan with up to a 6% employer match.
Paid time off beginning at 24 days each 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 for charitable donations.
Paid time off to volunteer in the community.