Job Details

JOB DESCRIPTION

WHY IS THIS A GREAT OPPORTUNITY?

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Management Skills 

• Develop team to high performance that is highly engaged, efficient and recognized as experts both internally throughout the global Munich Re organization and externally among our clients.
• Ensure all Accounting Department associates have a clear understanding of corporate and departmental objectives, and have challenging personal objectives.
• Provide challenging tasks and assignments and hold frequent development discussions with associates to provide career growth and development.

First and foremost the successful candidate will demonstrate a consistent need for achievement, a strong work ethic and a drive to make a difference.
 

JOB DESCRIPTION

Position Overview:
Reporting to the Chief Financial Officer, the Head of Accounting will provide leadership and guidance with respect to financial reporting, accounting, and income tax matters.

Responsibilities:

Financial Reporting, Technical Accounting, Taxation, Investments

• Design and implement efficient internal financial reporting and monitoring systems and internal controls.
• Participate in the development and implementation of automated systems.
• Involved in the timely delivery of quality financial reports, including commentary and analysis for distribution to local Senior Management, Home Office and on all required bases (IFRS, IFRS-Munich Re, Munich, US GAAP, Statutory Basis, US Income Tax, and the European Commission’s Solvency II).
• Responsible for corporate and premium tax returns and the management of audits from tax authorities in cooperation with the regional tax function.
• Lead accounting projects and participate in company-wide and/or group wide projects.
• Assist in the creation of the Annual Business Plan, administration expense budgets, forecasts, and monitoring results.
• Provide timely and effective business development support including pro-forma financials and regulatory impacts to meet business development needs as required.
• Manage financial audit engagements, external and internal.
• Maintain business relationships with peers at client companies and within the industry generally – i.e. other insurers/ reinsurers, bank, state regulatory personnel, tax authorities, industry analysts (AM Best, etc.) and auditors.

QUALIFICATIONS

• A minimum of 15 years of financial management experience, either Big 4 public accounting, insurance industry or equivalent.
• CPA and other professional accounting designation preferred.
• Excellent understanding of financial reporting in insurance and reinsurance preferred.
• Experience in GAAP, IFRS, Statutory and Income Tax bases of accounting and Solvency II.
• Ability to interpret and apply new accounting rules, policies and regulations.
• Excellent problem-solving and analytical skills.
• Demonstrated leadership and team management skills.
• Proven history of creating, growing and sustaining a strong productive team.
• Strong communication, interpersonal and influencing skills across all levels of the organization.
• Ability to effectively manage multiple (and sometimes changing) priorities
• Strong SAP systems knowledge preferred.
• Domestic and international travel required