Job
Description
We invent the new to help the world move forward Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients potential, thereby fulfilling our own Take it seriously Make it fun Know it matters Finance Close team provides accounting support to various AXA XL legal entities based out of Americas, UK, and Eurasia The key activities of the team involve analysis of Balance Sheet and Profit & Loss including ratio analysis, preparation of balance sheet reconciliations along with commentaries, booking of manual adjustments to incorporate new treaties/entity level changes in GL, preparation of internal ceding treaties reconciliations for US, UK & APAC/Europe geography, booking of manual adjustments to correct ceding percentage changes, booking of post close cash adjustment journals, etc We are looking for a skilled professional who can bring valuable expertise and excellent experience to our team Your background and capabilities could play a significant role in enhancing our operations, providing essential support, and leading business-as-usual (BAU) activities effectively We believe that your insights and contributions would make a meaningful impact, and we re eager to discuss how your skills align with our needs Looking forward to speaking with you soon! What you ll be doing What will your essential responsibilities include? Preparation of balance sheet reconciliations such as Receivable/Payable, Losses, Unearned premium and Deferred acquisition cost Booking of manual adjustment to incorporate legal entity, operating units, and other chart field level restructuring / changes in General Ledger Executing the overall accounting of Frame External Quota Share (EQS) treaty in system - booking of true up entries (required, if any) and ensuring the treaty appliance Manage the BAU deliverables related to accounting/reporting of group treaties (Internal group treaties - IGR, others) Collaboration within/outside the team (including the BU Controllers/Business Partners) for the timely cleanup of the open reconciling items Booking of Post Close Cash Adjustments journals (Including internal / external ceding treaties adjustments) to account for claims paid transactions that take place after underwriting source systems close and adjust it with IBNR Preparing analysis/reports and reconciliations on various ad-hoc requests as and when requested Assist in managing requests from both external auditors and internal financial controls team to provide requested documentation, general ledger balances, other ad-hoc requests from auditors You will report to Manager, Chief Accounting & Capital Office What you ll bring We re looking for someone who has these abilities and skills: Required Skills and Abilities: A Graduate or Post-Graduate (B Com/M Com/ MBA in Finance) with relevant years of experience in accounting and financial reporting Ability to understand general business requirement and implement corresponding technical solution Excellent technical knowledge of all phase of applications system analysis Excellent communication & interpersonal skills to work effectively with internal/external teams across the globe Solid technical knowledge including ability to create and execute SQl queries/Power BI in support of incident and problem analysis Desired Skills and Abilities: Experience with Oracle EBS, Hyperion Financial Management (HFM) and Magnitude would be advantageous Organized, methodical, able to deal effectively with multiple priorities and do multitasking What we offer Inclusion AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success That s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential It s about helping one another and our business to move forward and succeed Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl com / about-us / inclusion-and-diversity AXA XL is an Equal Opportunity Employer Total Rewards AXA XL s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security It provides competitive compensation and personalized, inclusive benefits that evolve as you do We re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence Sustainability At AXA XL, Sustainability is integral to our business strategy In an ever-changing world, AXA XL protects what matters most for our clients and communities We know that sustainability is at the root of a more resilient future Our 2023-26 Sustainability strategy, called Roots of resilience , focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations Our Pillars: Valuing nature: How we impact nature affects how nature impacts us Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future We re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans Addressing climate change: The effects of a changing climate are far-reaching and significant Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption Were building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions Integrating ESG: All companies have a role to play in building a more resilient future Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business We re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL s Hearts in Action programs These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving For more information, please see axaxl com/sustainability Who we are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks For mid-sized companies, multinationals and even some inspirational individuals we don t just provide re/insurance, we reinvent it How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty With an innovative and flexible approach to risk solutions, we partner with those who move the world forward Learn more at axaxl com
