Head of Middle-Office Accounting Germany & Austria M/F
München, GERMANY
Job description
This role involves overseeing the Middle Office Accounting department within the designated geographical area. It requires organizing and guiding the team, leading and developing staff, ensuring the availability of effective IT tools, and establishing robust internal controls and procedures. Additionally, it includes monitoring activity performance and promoting clear communication to guarantee excellence in Accounting Calculations, Closing Review, Accounting and Regulatory Reporting, as well as driving automation and process improvements for the assigned region.
What you do
In this role, you will be responsible for the following tasks:
Accounting Calculations
- Perform the calculations related to Bad Debts.
- Perform calculations related to provisions and accrued expenses
- Calculate the values of fixed assets
Closing Review
- Ensure the quality, accuracy, and timeliness of entries in accounting systems, and provide feedback on recurring issues identified.
- Perform consistency checks on suspense accounts, premiums/service income/claims/commissions, payroll, investments, foreign currency, and taxes.
- Ensure the quality of the closing and compliance with standard accounting schemes and accounting policy.
- Perform balance sheet reconciliation reviews.
- Monitor and report on the progress of the closing.
- Oversee and/or perform the loading of financial data into the consolidation tool.
- Conduct a post-mortem analysis of the closing review process to identify, track, and resolve issues, as well as design and implement process improvements.
Regulatory Reporting
- Prepare and communicate statutory reports.
- Prepare and submit regulatory reports.
- Produce and share specific reports.
Automation and Improvement of Accounting Processes
- Support transformation projects related to accounting processes and regulatory reporting as a subject matter expert, including, but not limited to, IT system deployment, process harmonization, and the tendering and integration of new activities.
What you bring
Communication
- Exceptional written and verbal communication skills.
- Networking abilities: Skilled at engaging with members across various functions.
- Strong influence and persuasion capabilities.
- Proficient in collaborating and communicating with diverse cultures, organizational levels, and global teams.
Management
- Sharp analytical thinking.
- Expertise in synthesizing complex information.
- Competent in consolidating large volumes of data into clear, structured, and concise outputs.
- Skilled in arbitration and prioritization.
- Effective interaction across all organizational levels.
- Focused on solutions and achieving results.
- Adaptable and open-minded, approaching challenges from multiple perspectives to identify optimal management strategies.
- Excellent organizational skills, with keen attention to detail and the ability to multitask efficiently.
Accountability
- Strong capacity for learning and self-development.
- Proactive in taking initiative.
- Dedicated to delivering outstanding customer service.
- Innovative mindset, continuously seeking technological and procedural advancements.
Finance
- Solid financial acumen.
- Proficient in accounting and tax principles.
- Experienced with SAP systems.
- Knowledgeable in Solvency II regulations.
- Understanding of HR fundamentals.
86008 | Finance & Accounting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent