Accountant - Controllership (12 month FTC)

Job Details

Job Title: Accountant - Controllership

Reporting to: Manager - Controllership

Position Type: 12 month fixed-term contract, full time

Location/Work Arrangement: Hybrid, minimum 3 days in the office per week

Overview

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC is one of the world’s leading specialty insurers. With deep expertise in our chosen lines of business, an unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. We are committed to empowering our people, delivering on our commitments, and growing by providing creative and innovative solutions to our clients.

Job Purpose

The Accountant role is positioned in the newly created Controllership Function, reporting to the Controllership Manager. The Controllership Function acts as the custodian of the General Ledger and is responsible for ensuring the completeness and accuracy of all ledger balances. This role will strengthen the Finance team’s ability to meet internal and external stakeholder needs and will ensure an appropriate controls framework is in place across these processes.

Key Responsibilities

Establishing and Embedding a Strong Controllership Function

• Help drive continuous improvement of reporting, data reconciliation, and controls across both reinsurance and gross accounting systems within the Controllership function, leveraging technology and analytics to enhance efficiency and accuracy.
• Ensure key Income Statement and Balance Sheet accounts and source system reconciliations are completed and supported by strong auditable evidence.
• Support and provide cover with both internal and external auditors on the substantiation of key Balance Sheet accounts and source system reconciliations.

Reporting, Communication, Stakeholder Management

• Assist with end-to-end reinsurance reporting process, including regulatory submissions such as Schedule F and SRS, ensuring accuracy, completeness, and timeliness through a robust review and control framework.
• Support the reserving process, including the calculation and analysis of IBNR.
• Build and manage relationships with stakeholders within and outside Finance across multiple locations, including Actuarial and FP&A functions. Establish and maintain effective and consistent lines of communication, enabling the department to deliver high-quality, effective support to the rest of the business.

Custodianship of the Ledger

• Adhere to the TM HCC month-end close process in accordance with timelines provided by head office.
• Preparation and posting of any new or recurring manual journal entries into the general ledger, with a view to resolving issues in future periods and reducing the volume of journals needed.
• Preparation of monthly and quarterly reporting requirements, both internally and externally, primarily for reinsurance-related submissions.
• Adopt and embrace best practices for finance processes and develop standard reconciliation processes across all of Finance.

Quality Assurance (QA) and Review

• Understand and support the Manager(s) with QA in alignment with the established Framework and resolve issues identified in the QA process.
• Engage with internal and external stakeholders on QA results and update dashboards and KPIs to reflect current business scenarios.
• Highlight and raise any data anomalies and reconciliation issues, including visibility of manual adjustment logs and change ticket logs. Assist in the resolution and testing of fixes.

Communication & Stakeholder Management

• Provide value-added support to TM HCC in complying with reporting, accounting, control procedures, and regulatory requirements.
• Build strong relationships with stakeholders within and outside Finance across multiple locations, enabling the department to deliver high-quality, effective support to the rest of the business.
• Work collaboratively with the rest of the Finance team to deliver on strategic objectives.

Transformation & Projects

• Assist with the Controllership Manager and Finance Change team to contribute to strategic initiatives by providing SME knowledge for changes, including design of embedded controls.
• Support International Finance in achieving strategic objectives by engaging in projects and initiatives and ensuring outcomes are achieved.

Skills and Experience

Essential

• Recently Qualified (ACA/ACCA/CIMA)
• Insurance industry experience
• Highly IT literate with advanced Excel skills and experience working with multiple systems
• Strong written and verbal communication skills
• Highly numerate with excellent attention to detail and accuracy
• Strong people and communication skills – ability to engage with individuals and build strong working relationships

Desirable

• General Ledger: PeopleSoft

Soft Skills

• Professional approach and delivery of work product
• Energy, enthusiasm, persistence, and adaptability
• Ability to influence and lead others through collaboration and relationship building
• Methodical approach to problem solving
• Focus on timely delivery of quality outputs
• Drive and commitment to achieve objectives at individual, project, and team levels

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.

The Tokio Marine HCC Group of Companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.

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