Process Developer - GL

• The role is responsible for overseeing the Closing & Reporting Team, ensuring that all month-end and quarter-end activities are completed in accordance with process documentation and standard Allianz Worldwide Partners (AWP) procedures
• Key activities and responsibilities include balance sheet reconciliations, accruals/prepaid bookings, technical reserving, foreign exchange (FX) and depreciation runs, books consolidation, and other reporting tasks

Key Responsibilities

• Prepare and post journals to finalize monthly results for all lines of business
• Prepare and analyze various monthly sales, cost, and claims reconciliations
• Understand and manage unearned revenue, reserving, and prepaid accounts
• Gain a comprehensive understanding of reinsurance, technical reserving, and incurred but not reported (IBNR) claims
• Manage invoicing, credit notes, commission, client cost rebills, and intercompany costs
• Prepare balance sheet reconciliations, clear open items, and follow up on outstanding issues
• Understand asset accounting and evaluate foreign currency balances for FX
• Actively contribute to the design and implementation of process improvement initiatives, including standard operating procedure (SOP) documentation, process analysis, and recommendations for improvement
• Collaborate within a team structure to achieve key performance indicators and objectives, maintaining a strong focus on these goals
• Develop and maintain professional relationships with internal and external stakeholders
• Perform other ad hoc tasks and responsibilities as needed

Profile Key Requirements

• Intermediate to advanced Excel skills
• Solid accounting knowledge and effective communication skills
• Previous experience in month-end closing and reporting; experience in insurance and reinsurance, as we'll as SAP, is preferable
• Proactive decision-making and actions
• Ability to take initiative and deliver quality results, often with competing deadlines
• Strong listening, written, and verbal communication skills
• Exceptional customer service skills for both internal and external stakeholders
• PowerPoint skills are advantageous

Experience & Education

• 4-6 years with a BCom or MBA in Finance