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Job Description
Whatyou'll be doing
- Helping in Preparation of schedules for quarterly and yearly regulatory return as per APRA for Australian insurance entity.
- Preparation of Pre-close Journals for China and Brazil BU and Australia BU along with preparation of reconciliations of the same to ensure entries are posted correctly.
- End to end Preparation(CDCA) review and resolving query of Ceded data breakup for all reinsurer accounts on quarterly basis.
- Responsible for supporting for statutory audit requirements and related queries.
- Providing and reconciling data for external Actuarial requirements on quarterly basis.
- Processing and reconciliation of all accounted data balances.
- Posting/reconciling of the JEs (if required) from CORE to Local ledger for reporting and reconciliation.
- Compile data and perform financial analysis to ensure data completeness and accuracy in PL and Balance Sheet between underwriting and financial accounting system.
- Maintain accuracy in both Core and Local ledgers and provide support to all work papers.
- Oversee expense management and good oversight of accrual, prepayment, recharge and intercompany balances.
- Resolve any intercompany differences historical as well incremental for Australia entity.
- Prepare other regulatory and ad-hoc reports and disclosures for management as identified.
- End to end Preparation review and resolving query of Ceded data breakup for all reinsurer accounts on quarterly basis.
- Automation/Standardization of processes as applicable.
- Provide any adhoc support to finance team requests covering analysis and reporting purposes.
Whatyou'll bring
- CA/CPA with relevant years of experience or CWA/CMA or CA inter with relevant years of(Financial reporting) post qualification experience.
- Robust understanding of financial statements, balance sheet reconciliation, and accounting principles.
- Experience with financial systems and data reconciliation processes.
- Analytical mindset with the ability to investigate and resolve discrepancies.
- Excellent problem-solving skills and attention to detail.
- Ability to work self supportedly and collaboratively within a team.
- Insurance/reinsurance experience is preferable.
Whatweoffer
- 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
- 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. We're 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.
Whoweare
Skills
ReportingFinanceCwaActuarialDataCaBalanceFinancial AccountingAccountingAccounting PrinciplesAccountsBalance Sheet ReconciliationStatutory AuditFinancial StatementsLedgerReconciliation.ReconciliationsBalance SheetCaFinanceReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Global Business Services (GBS) is the evolution of Shared Services and Business Process Outsourcing (BPO) – both focused on process efficiency improvement and cost reduction. It's a key pillar of a digital strategy that helps companies navigate the Transformative Age.
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