Accountant

1 month ago


Toronto ON, Canada Coface Full time

Remote/Hybrid - Flexplace; 2 days onsite, 3 days remote to one of our local offices:Toronto, Ontario CanadaWHO WE AREA modern and agile company with the mostfinely meshed international network, Coface is a reference in credit insuranceand risk management. With over 70 years of experience as an industry leader,and a team of 4,100 experts in 100 countries, serving around 50,000 companies,Coface experts work to the beat of the global economy. Its ambition is tobecome the most agile, global trade credit insurance partner in the industry.We believe in business as a force for good in the world. We support our clientseverywhere they operate, protecting and helping them take the credit decisionsnecessary to strengthen their ability to sell on their domestic and exportmarkets. Sharing a passion for trade, we want to collaborate with our clientsto build successful, growing and more dynamic businesses. And by helping buildstronger businesses, we contribute to the smooth-running of the economy. Thisis our purpose.THE JOBThe ideal candidate will be involved with preparing financial reports and statements, bank reconciliations, and conducting cyclical audits. Moreover, the candidate must have strong interpersonal skills and possess a strong business acumen.Essential Duties & ResponsibilitiesResponsible for Assumed Reinsurance (monthly, quarterly and budget/forecast) reporting, intercompany reconciliation, and settlementsReview Quarterly Reinsurance Statements, confirming treaty compliance and provide activity commentaryPrepare DAC calculation (Monthly, quarterly and Budget/Forecast)Books Premium Tax monthly and reconcile accounts and prepare budget/forecast calculation (Monthly, quarterly and Budget/Forecast)Responsible for GL accounting and updating monthly and quarterly Trial balancesInput CACIS CSI for the Group Finance Department /Consolidation technical resultsPrepare analysis needed for Statutory Reporting (e.g. UCC, LOC, YTD Income Statement PY comparison to CY)Provide monthly calculation of Unearned premium (UPR) and prepare quarterly forecast and three year budgetMonthly, Quarterly and Annual accounting reportingMaintain accounting controls and follow accounting policies and proceduresReconcile General Ledger accounts to parent company and/or subsidiary records on a monthly basisAssist in & complete Audit RequestsCreate & update SOP’sTHE CANDIDATEIn order to be successful in this role, you must possess the following:QualificationsBachelors Degree in Business, Accounting, or FinanceMinimum 2 years’ experience in professional accountingInsurance experience a plusFluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)Good communication skillsGood organizational skillsAbility to deal with numerous deadlines at the same time and work independentlyOracle Financials experience is desirableWell organized, team player and supportive of changeComputer literacy: Highly Proficient in Excel


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