What are the responsibilities and job description for the Senior Associate, Financial Accounting & Reporting position at SCOR?
Job Description
Responsibilities include supporting quarterly close, prepare journal entries, complete account reconciliations, research variances, assist with process documentation and ad hoc projects. Working with multiple accounting software systems (Everest, Omega, SAP) to retrieve and analyze data to verify completeness and accuracy of financial information and reports. The position will work with Operations, Business Services & Analytics and SCOR affiliate entities to research and explain variances. It will also support financial close and reporting for TPA client.
Responsibilities
- Perform the calculation, preparation, and recording of journal entries during financial close in multiple systems
- Analyze and reconcile large volumes of data to determine accuracy and completeness of financial results
- Prepare quarterly reconciliations and perform account analysis with detailed explanations of variances
- Prepare various financial reports and schedules for internal and external clients
- Work with Operations to identify and promptly resolve variances and anomalies
- Support analysis and inquiries from Business Services & Analytics, Financial Reporting group and SCOR affiliates
- Work cross-functionally to support corporate initiatives and implementation of best practices
- Maintain process documentation and drive improvements for existing processes
- Monitor systems and processes to ensure internal controls are in place and effective
- Assist external and internal auditors to help understand processes and provide the necessary control support
- Support ad hoc projects and other duties as assigned
Qualifications
Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Hybrid Work Policy : SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.
Pay Range : $78,000-$92,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.
About Us
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
Salary : $78,000 - $92,000
