Senior Investment Accountant with German

Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius, and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France, and Singapore with almost 6000 colleagues globally.

Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian.  

At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

Job role

We are currently seeking a highly skilled Investment Accountant to become part of our team at our Bucharest office. The individual will be tasked with the responsibility of managing the reporting and accounting of Real Estate Investments held within Property Companies/Holding Platforms domiciled in Germany, in compliance with HGB and IFRS regulations. This role is pivotal to the compilation of quarterly and annual financial statements within the Allianz Group.

What you will do

• Ensure general-ledger & sub-ledger transactional accounting under German commercial code HGB as well as IFRS and MVBS on Corporate Level, such as distribution, capital calls, deferred taxes, accruals, etc.
• Ensure sub-ledger entries for financial instruments, mainly real estate funds/participations and shareholder loans or external debt for Holding Platforms
• Compile journal entries for investment transactions like acquisitions, sales and restructurings and accompany the opening/closing balance sheet set-up
• Handling the payments and related accounting processes 
• Acting as Quality Gate by checking and analysing the quality of the entries related to the property accounts done by external servicers
• Performing of IFRS-/MVBS reporting activities to Allianz SE Group during quarterly closing within given fast-close deadlines
• Ongoing exchange and cooperation with the tax advisor of the companies, responsibility for deliveries for tax returns, tax compliance and tax reporting
• Performance of analytical reconciliation tasks within the framework of account responsibility
• Support the preparation of notifications and reports to the national statistical office
• Preparation of yearly annual financial statements of Real Estate Investment Companies (GP’s and LP’s)  in accordance with German HGB as well as preparation of IFRS annual accounts packages  
• Liaison with external auditors for organization and execution of statutory German HGB and voluntary IFRS-audits of the annual accounts
• Reviews and recommends improvements to the internal control environment in the investment accounting and operations processes.

What you bring

• Strong academic background (preferably Accounting, Business Administration, Economics)
• Real Estate Sector knowledge as well as expertise on financial instruments in IFRS 9
• Relevant professional experience in investment accounting and preparation of financial statements
• ACCA, CECCAR or similar diplomas are a plus
• Excellent IFRS and German GAAP (HGB) know how, ideally supplemented by knowledge in German tax regime and commercial law
• Good knowledge of the SAP-Module FI (knowledge of SAP subledger TRM (Treasury) is a plus) as well as high proficiency in MS Office (Word/Excel),
• Fluent in English, German language skills are a plus
• Excellent technical and analytical skills, logical in approach and high attention to detail
• Excellent understanding of numbers and processes

You have

• Ability to adapt to on-going change and work in a fast-paced, deadline intensive environment
• Pro-active behaviour and goal-oriented thinking skills
• Strong analytical, communication and influence skills
• Strong interpersonal, intercultural, communication and organizational skills
• Flexibility to work with different regions worldwide
• Ability to think in processes and process dependencies as well as ensure deliverables are connected with operating plans
• Strong ability to multi-task and appropriately prioritize tasks to meet deadlines
• Self-motivated and proven “can do” attitude