Accountant
Chicago, USA
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
Bachelor’s Degree in Accounting
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred
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.
79437 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.