Accountant - Allianz - Chicago

Job description

We are looking for an Accountant, who will be based in our Chicago office.

The Impact You Will Have

This role supports the accounting activities for the close and consolidation of North American entities' financial statements for the business unit. Responsibilities include preparing IFRS and Statutory financial statements, including audited financial statements for insurance & non-insurance affiliates, ensuring compliance with accounting policies, monitoring company processes, and completing assigned project work. This role will be a vital member of the Financial Reporting team, ensuring efficient financial reporting and consolidation processes.

Some of your specific responsibilities could include: 

Prepare monthly financial statements on an IFRS basis, including completion of ECCS submissions to Allianz Commercial.
Prepare quarterly and annual statutory financial statements (Yellow books) for the insurance companies and completes reconciliations between IFRS and statutory reporting.
Draft Footnote disclosures and management discussions and analysis for regulatory reporting.
Prepare consolidated audited financial statements and coordinates audit requests within Finance, Underwriting and Claims.

Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy.

Participate in daily close meetings and assists in monitoring timeliness of close processes and identifying items for discussion or resolution.

Identify and execute on process improvements to minimize manual efforts and focus on automation or semi-automation of processes.

Manage to the data quality standards within the team to meet regulatory requirements and internal reporting needs.

Archive records to satisfy audit and statutory requirements.

Assist internal clients (e.g. other departments) with reports, research and other activities.

Key contact for other functions regarding accounting results, processes, and internal controls.

Drive both global and local initiatives as needed.

Correspond and answer inquiries with third-party entities, including auditors, business units, tax authorities, public authorities, and others.

What You’ll Bring to the Role

1-3 years' experience in Financial Statement preparation.

1-3 years' experience working for an international organization.

1-3 years' experience in insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus.
A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

Bachelor’s Degree in Accounting.

The annualized base pay range for this role is $64,400 - $97,371. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

Be advised that the position you are applying for involves responsibilities related to cash handling. As part of our commitment to ensuring the safety and security of our operations, all candidates ( internal and external) selected for this role will be required to undergo a background check. This process includes, but is not limited to, verification of criminal history and financial history. By applying for this position, you acknowledge and consent to the background check as a condition of employment.

Offers “Allianz”

Job description