Senior Financial Accountant

Job Description

Title: Senior Financial Accountant

Company Name: IAG

Vacancy: 1

Job Location: Australia, Victoria, Melbourne, CBD & Inner Suburbs, melbourne

Employment Status: Full Time

Company description:

READY FOR ANYTHING

At IAG, we live and work by our purpose to make your world a safer place. We are motivated by a unique culture that celebrates honesty, creativity, empathy, equity and collaboration. We call it the IAG way, and it means we all share a 'ready for anything' mindset that sets the tone for positive actions and positive outcomes. We put heart into everything we do which guides us to create amazing things for our customers, our people and our communities.

We're brimming with ideas, ambition and a readiness to apply bold thinking and risk awareness to make a difference where it matters most.

As the largest general insurance group in Australia and New Zealand, we own some of the region's most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC and WFI. We are ready for anything.



Job description:

The Role 

The primary purpose of the role of Senior Financial Accountant is maintenance of accurate and complete trial balances for all financial accounting and reporting purposes and governance around IAG’s financial result.

Key Responsibilities

  • Perform/review the posting of all monthly underwriting and expense journals, including reserving journals in conjunction with the intermediated business and actuaries.  Proactively manage the general ledger and attend to any issues arising in a timely manner, including from interfaces from various underwriting systems.
  • Maintain/review monthly reconciliation process to ensure general ledger balance sheet accounts are supported and underlying processes are robust and controlled via Blackline. Assist team in investigation and resolution of issues arising from reconciliations. Ensure compliance with group accounting minimum standards and the effective governance environment.
  • Assist with the preparation of commentary on the intermediated business Balance Sheet, Profit and Loss and Cashflows.
  • Maintain/review the management reporting hierarchies for the intermediated business in consultation with the group accounting and financial performance teams
  • Perform/review the posting of tax entries on a monthly basis in conjunction with the group tax team.
  • Perform/review the consolidation process for all the intermediated business associate companies
  • Actively engage in the year-end and half-year audit process for the intermediated business with the Statutory Reporting team and external auditors for the production of accurate Financial Statements and other regulatory returns.
  • Ensure efficiency of all processes and lead teams in ongoing quality and process improvement. Assist team in proactively designing and implementing rigorous financial processes in response to changing business and system environment.
     

Skills & Experience

  • Required - CA/CPA/ACCA qualified or equivalent
  • Financial services experience, preferably in insurance, and the application of AASB 1023 would be looked on favourably
  • 3-5 years’ experience in finance and accounting including financial/management reporting, technical accounting knowledge
  • Attention to detail and ability to multitask, adhere to timetables and perform under pressure
  • Awareness of regulatory requirements and compliance
  • Some experience of leading a team and performance management of team members
  • Ability to leverage relationships to influence and drive outcomes
  • Effective stakeholder management, including with external partners.

Ready for anything? Let’s talk.
Start your career journey with us and click ‘Apply’! Applications close on Monday 29 March 2021.
IAG rewards and recognises its people with generous benefits, career development opportunities and real work-life balance. Employees also enjoy 13% superannuation, up to 50% insurance discounts, flexible work and leave options, generous parental leave and return to work programs, various corporate partner discounts and a people-focused culture that celebrates achievements big and small. 
Creating a workforce that actively embraces diversity, inclusion and a sense of belonging is key to our success. We believe in treating everyone fairly which means that inclusion, removing barriers, striving for equity and embracing diversity are woven through our values and behaviours. We encourage applications from all backgrounds and communities and are committed to providing a work environment that enables you to thrive, whatever your circumstances. If we can provide support with access requirements, alternative work arrangements please advise us via your application.
IAG has committed to the reconciliation movement in Australia for First Nations people and focus on providing a safe and supportive work environment for all our employees. More information on our Reconciliation Action Plan can be found on our company website.
 

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