Accountant supporting IFRS and Solvency II reporting and financial management for a leading reinsurance company in Malta. Role involves bookkeeping, tax returns, and collaboration with auditors.
Responsibilities
Support IFRS and Solvency II reporting at both local and group level including the coordination and aggregation of inputs for IFRS financial statements.
Support in the annual planning / forecasting process, asset-liability management and cash / liquidity management process.
Responsible of the bookkeeping of accounting entries in preparation for the quarterly management accounts including the review and challenge of financial inputs from service providers of cells and the processing of invoices and payment preparation.
Preparation of tax returns (corporate tax, VAT) and liaison with the tax advisors.
Carrying out any other accounting duties as the need arises.
Liaison with external/internal auditors for IFRS, Solvency II and financially related internal audits.
Support on-site visits or requests from authorities or from cells and their providers (both internal and external).
Support in risk management duties including the assessment of the internal control system and as required from the actuarial and risk management functions.
Assisting the insurance policy administration team including work around the maintenance and upgrade of the policy administration system and the compilation of monthly insurance policy work and reinsurance statements.
Requirements
2-4 years’ experience in finance positions, preferably in an external audit or accounting environment
In possession of a University Degree in accounting or an equivalent qualification such as ACCA
Solid knowledge of Microsoft Office, particularly Excel, Word and PowerPoint
Fluent business English (spoken and written)
Highly motivated, pro-active, organized and result oriented
Good team player with intercultural skills and positive attitude
Willingness to learn new topics and keen on self-development
Prior exposure to insurance industry and knowledge of Solvency II, IFRS 9 & IFRS 17 would be considered an asset
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