Senior Accountant

1 week ago

Quezon City, National Capital Region, Philippines ECLARO Full time

Role Title:
Senior Accountant

Night Shift

Remote

ECLARO:
A quick Summary

ECLARO is an award-winning professional services firm headquartered in New York City and operating in the U.S., Canada, UK, Ireland, Australia and the Philippines. We are dedicated to a singular purpose: providing the Right People to meet every client's needs and solve business challenges through strategic staffing, permanent placement, custom outsourcing & offshoring. Utilizing our proprietary TRINIT-E Service Maturity Model, we help clients implement programs to promote innovation, automation and process improvement.

Position Summary
The Senior Accountant is a member of the insurance finance team.  This position will assist with all accounting activities for the Company's insurance segments. Additionally, the Senior Accountant will assist with GAAP and STAT reporting responsibilities, design and execution of the control framework, and tactical process improvement initiatives.

Responsibilities & Accountabilities:

  • Assist with monthly and quarterly ceded reinsurance results and analyses for internal and external reporting.
  • Preparation and review of detailed journal entries and account reconciliations.
  • Prepare quarterly and annual Schedule F exhibits for the Company's NAIC as well any additional regulatory filings.
  • Oversee treaty, FAC, and proportional calculations, entries, billing, receipts, and disbursements.
  • Manage the calculation, booking, billing, and collection of all ceded payable and recoverable including profit and sliding scale commissions.
  • Lead and support ad hoc reporting and special projects.
  • Assist in the ongoing implementation of a new ceded system.
  • Drive continuous improvement in the reinsurance accounting cycle to improve close cycles, controls, and understanding.
  • Maintain a strong control environment and associated documentation.

Ideal Candidate Profile:

  • Bachelor's Degree in Accounting or Finance.
  • Over 3 years of experience in ceded reinsurance.
  • Knowledge of GAAP and STAT accounting standards.
  • Advanced Excel skills; familiarity with Power BI, Word, and PowerPoint.
  • Experience with NAIC Annual Statement Software and Gain Compliance is a plus.
  • Familiarity with accounting software; experience with Oracle a plus.
  • Familiarity with ceded reinsurance software
  • Strong organizational abilities and the capability to multitask and reprioritize as needed.
  • Strong analytical and problem-solving skills
  • Highly detail oriented and organized.

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