What are the responsibilities and job description for the Senior Accountant position at Coface?
WHO WE ARE
A modern and agile company with the most finely meshed international network, Coface is a reference in credit insurance and risk management. With over 70 years of experience as an industry leader, and a team of 4,100 experts in over 65 countries, serving around 50,000 customers, Coface experts work to the beat of the global economy. Its ambition is to become the most agile, global trade credit insurance partner in the industry. We believe in business as a force for good in the world. For additional information on our organization, please visit www.coface-usa.com.
THE ROLE
Senior Accountant, reporting to the Accounting Manager, Insurance Accounting is responsible for providing professional accounting work related to the preparation and maintenance of financial records, the audit of financial transactions, and the production of reports.
Essential Duties & Responsibilities include:
- Responsible for the Reinsurance (monthly, quarterly and budget/forecast) reporting, intercompany reconciliation, and settlements.
- Reviews Quarterly Reinsurance Statements, confirms treaty compliance, and provides activity commentary.
- Prepares DAC calculation (Monthly, quarterly, and Budget/Forecast).
- Books Premium Tax monthly and reconciles accounts and prepares budget/forecast calculation (Monthly, quarterly, and Budget/Forecast).
- GL Accounting and updating monthly and quarterly Trial balances.
- Inputs CACIS (Group Tools), Group quarterly reporting.
- Prepares analysis for Statutory Reporting (e.g. UCC, LOC, YTD Income Statement PY comparison to CY.
- Provides calculation of Unearned premium (UPR), frequency, monthly, quarterly, and annually.
- Reviewing and posting journal entries.
- Analytical reviews, prepare and examine financial records, ensuring records are accurate.
- Monthly, Quarterly, and Annual accounting reporting.
- Maintains accounting controls and follows accounting policies and procedures.
- Reconcile General Ledger accounts to parent company and/or subsidiary records monthly.
- Lease - IFRS16 knowledge
- Tax knowledge preferred
- Assist and complete Audit requests.
- Create and update SOP’s.
THE CANDIDATE
- Bachelor’s degree in business, Accounting or Finance preferred.
- Minimum 5 years’ experience in Insurance/Reinsurance professional accounting work.
- Effective communication and organization skills.
- Ability to deal with numerous deadlines at the same time and work independently.
- Experience in using Oracle Financials highly preferred.
- Highly proficient in Excel. Ability to work a hybrid schedule (2 days onsite, 3 days remote) to local office in Princeton, NJ.
