Accountant

2 weeks ago

Old Toronto, Canada Coface Group Full time

Remote/Hybrid - Flexplace; 2 days onsite, 3 days remote to one of our local offices:

Toronto, Ontario Canada

WHO WE ARE

A modern and agile company with the most

finely meshed international network, Coface is a reference in credit insurance

and 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 to

become 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 clients

everywhere they operate, protecting and helping them take the credit decisions

necessary to strengthen their ability to sell on their domestic and export

markets. Sharing a passion for trade, we want to collaborate with our clients

to build successful, growing and more dynamic businesses. And by helping build

stronger businesses, we contribute to the smooth-running of the economy. This

is our purpose.

THE JOB

The 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 & Responsibilities

  • Responsible for Assumed Reinsurance (monthly, quarterly and budget/forecast) reporting, intercompany reconciliation, and settlements
  • Review Quarterly Reinsurance Statements, confirming treaty compliance and provide activity commentary
  • Prepare 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 balances
  • Input CACIS CSI for the Group Finance Department /Consolidation technical results
  • Prepare 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 budget
  • Monthly, Quarterly and Annual accounting reporting
  • Maintain accounting controls and follow accounting policies and procedures
  • Reconcile General Ledger accounts to parent company and/or subsidiary records on a monthly basis
  • Assist in & complete Audit Requests
  • Create & update SOP’s

THE CANDIDATE

In order to be successful in this role, you must possess the following:

Qualifications

  • Bachelors Degree in Business, Accounting, or Finance
  • Minimum 2 years’ experience in professional accounting
  • Insurance experience a plus
  • Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
  • Good communication skills
  • Good organizational skills
  • Ability to deal with numerous deadlines at the same time and work independently
  • Oracle Financials experience is desirable
  • Well organized, team player and supportive of change
  • Computer literacy: Highly Proficient in Excel
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