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Senior Financial Accountant (m/f/d)

Job Level:  Professional

Unterföhring, DE, 85774

Due Date:  as soon as possible
Area of Expertise:  Finance & Accounting
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  2508


Based in Munich and by reporting to the Head of Global Standards and Quality, you will monitor and continuously improve the data quality of the insurance technical balance sheet and P&L globally. You will identify the root cause of data quality issues and develop a sustainable remediation. Furthermore, you will create and ensure efficient and compliant workflows to guarantee high quality by considering all relevant parameters for transactions and processes. By supporting local teams in managing and performing their accounting transactions you support the full automation of the technical closing process. You proactively contribute to projects and process improvement initiatives at a global level.


In this role you will….

•    Ensure that all IFRS, GAAP and Statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities, NAIC reporting, other internal/external reporting requirements) related to own area of responsibility are accurate and timely on a global basis 
•    Complete assigned postings, Journal Entries and Account reconciliations on a periodic basis; Reconcile and resolve intercompany transactions within the affiliated company group
•    Take care of monthly legal entity close submission activities, including posting of accruals, manual adjustments and other accounting transactions
•    Monitors and continuously improves the data quality of the insurance technical balance sheet and P&L globally 
•    Clearly communicate impacts and actions to relevant stakeholders. Implement and refine the technical accounting process for Solvency 2 and IFRS17
•    Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes and workflows as well as the implementation of global policies and procedures
•    Manage relationship and show high customer focus in dealing with internal and external stakeholders (Business units, Group Accounting, auditors, tax authorities, public authorities etc.)



•    Excellent tertiary qualification (ideally Master), preferably in Business Administration, Economics, Finance, Accounting or qualified by experience in related discipline
•    Minimum of 3-5 years of professional experience in P&C (re-)insurance accounting, financial audit, controlling or similar financial area
•    Deep Understanding in insurance financial statements and their performance measurement including drivers
•    Proven understanding of standard accounting (IAS/IFRS 17, Solvency 2 and other local GAAP) in insurance and reinsurance.
•    Demonstrated successful execution of account reconciliations
•    Experience as active user of SAP BW and preferably SAP FI. Demonstrated efficient use of Excel and/or Access to quickly analyze data and drawing the right conclusions
•    Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
•    Advanced Excel and PowerPoint skills to effectively analyze data and convey messages in a winning fashion
•    Fluent German and English in verbal and written form
•    Finally, the following soft-skills set you apart as a appreciate team-member: cooperative person with a high sense of Problem-solving, Analytical thinking, Communication- and Presentation skills. You feel comfortable with a very diverse, global and fast-growing working environment


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. Join us. Let's care for tomorrow.


We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.


Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world's largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.
Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.
For more information, visit http://www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.


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