Senior Accountant
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About The Position
The Senior Accountant position at Vela Insurance Services is a critical role responsible for validating underwriting data to support IFRS and Statutory financial reporting. This position requires a thorough understanding of financial principles and practices, particularly in the insurance sector. The Senior Accountant will be tasked with reconciling premium and loss data from various feeder systems, ensuring accurate recording of incurred but not reported (IBNR) losses, and meeting regulatory reporting deadlines for both IFRS and STAT. The role also involves supporting the overall close process to ensure compliance with all reporting requirements. In addition to the core responsibilities, the Senior Accountant will complete technical account analyses and data checks for both monthly and annual reporting. This includes preparing underwriting schedules for quarterly and year-end statutory reporting. The position also requires assisting in the completion of audited financial statements and coordinating data requests for external audits and state examinations related to statutory underwriting results. The Senior Accountant will need to stay updated on IFRS and STAT accounting policy changes and implement necessary adjustments to comply with reporting requirements. Collaboration with HR on staffing and headcount reporting on a monthly basis is also part of the role. The Senior Accountant will be responsible for archiving records to satisfy audit and statutory requirements, ensuring regular and predictable attendance, and assisting in project work as assigned. This position is essential for maintaining the integrity of financial reporting within the organization and requires a proactive approach to problem-solving and data management.
