Middle-Office Accounting Expert

3 days ago

Noida, Uttar Pradesh, India Allianz Insurance Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Position Summary:

This role consists of ensuring the accounting data quality and managing specific accounting calculations, closing review, regulatory reporting and accounting systems administration for the entities / business units under responsibility. On an ad hoc basis, the Middle Office Accounting Expert shall be assigned to participate as an Expert key user in Accounting transformation projects, including but not limited to IT system rollout, process harmonization and new business tender & onboarding.

Key Result Areas:

Accounting Calculations:

  • Perform the calculations related to Bad Debts.
  • Perform the calculations related Provisions and accruals.
  • Perform the calculations related Fixed Assets.

Closing Review:

  • Ensure data quality, accuracy and timeliness of the postings done into the accounting systems.
  • Perform Sanity Check on Suspense Account, premiums/service revenue/claims/commissions, payroll, investments, FX and Tax
  • Ensure Closing Quality Assurance and the compliance with standard booking schemes and the global accounting policy
  • Perform ECCS upload
  • Perform post-mortem review of the closing review process to identify, monitor and resolve issues and design and implement improvements to the process.

Regulatory Reporting:

  • Statutory Reporting.
  • Regulatory Reporting.
  • Specific Reporting.

Accounting systems administration:

  • Access Right Management
  • GRP: Set-up & Configuration, Tables Management, Interfaces Management
  • Incident Management

Key Skills:

Efficiency:

  • Strong analytical skills.
  • Ability to synthesize.
  • Ability to consolidate large volume of data into structured and simple outputs.
  • Ability to arbitrate and prioritize.
  • Ability to interact with all levels of the organization.
  • Solutions and results oriented.
  • Openness and flexibility to address challenges from various perspectives in order to find the best possible way to manage the challenge.

Accountability:

  • Capacity to learn.
  • Ability to undertake initiative.
  • Customer service.
  • Ability to innovate and seek for advances in technology and practices.

Communication:

  • Excellent written and verbal communication.
  • Networking skills: Ability to liaise with members of other functions.
  • Ability to work and communicate with different cultures, levels and organizations world-wide.
  • Ability to work in remote teams.

Finance:

  • Finance Acumen
  • Accounting & Tax knowledge
  • SAP knowledge
  • Solvency II Regulation

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

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 matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 

We therefore welcome applications regardless of 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. 

Great to have you on board. Let's care for tomorrow.

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