Salary Mid-Point: $69,000
Location: Chicago IL
Job Type: Permanent

Our client in downtown Chicago is looking for a Senior Accountant who will be responsible for supporting all accounting activities associated with the close and consolidation of the financial statements for the North American business unit for our foreign-based parent. Assists in the preparation of the IFRS and Statutory financial statements and schedules, including audited financial statements, for a group of insurance and non-insurance affiliates. Assists in review of IFRS and Statutory accounting policies and preparation of financial statement analysis.

Key Responsibilities:

  • Prepare monthly financial statements on an IFRS basis, including completion of ECCS submissions
  • Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy
  • Prepare quarterly and annual statutory financial statements for the insurance companies and complete reconciliations between IFRS and statutory reporting
  • Draft footnote disclosures and MD&A for regulatory reporting
  • Participate in daily close meetings and assist in monitoring timeliness of close processes and identifying items for discussion or resolution
  • Assist in preparing consolidated audited financial statements and coordinate audit requests within Finance, Underwriting and Claims
  • Respond to inquiries about financial results and coordinate state examinations of the insurance companies as needed
  • Archive records to satisfy audit and statutory requirements

Key Requirements/Skills/Experience

  • Bachelor Degree: Accounting, Finance or Business
  • Certification: CPA Preferred
  • Minimum 3 to 5 years: Relevant insurance accounting experience, including knowledge of US Statutory and GAAP accounting principles, financial statement preparation
  • Knowledge of IFRS/GAAP/Statutory Accounting, with an emphasis on financial reporting
  • Knowledge of insurance accounting principles, especially for property and casualty companies
  • Experience with SAP/BW/Cognos and proficient in Microsoft Office
  • Ensuring compliance of closing, reporting with internal & external requirements
  • Advanced verbal and written communication skills
  • Advanced ability to prioritize responsibilities and processes Intermediate financial analysis

Interested candidates should send their resume to