Senior Accountant, COG
Senior Accountant, COG
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Senior Accountant COG
Support U.S. GAAP consolidation and reporting for Chubb Overseas General (COG). This includes reviewing foreign field office submissions addressing accounting issues analyzing intercompany transactions and recording and supporting elimination entries. Additionally support the Chubb International Financial Reporting management team with monthly analytics and reconciliations currency translation adjustments journal entry preparation and Sarbanes-Oxley compliance procedures.
Duties & Responsibilities:
- Analyze balance sheets of global entities to ensure conformity with US GAAP
- Explain quarterly balance sheet movements via detailed commentary and supporting variance analysis
- Provide detailed analysis and support for various quarterly IRP reporting schedules used to consolidate Chubbs externally reported results.
- Support the ongoing efforts to ensure that affiliated balance sheet relationships remain in balance and reconciled. This will entail ensuring that operational issues are addressed on a timely basis along with facilitating the ongoing communications between concerned affiliated parties.
- Assist and eventually manage COGs review of the intercompany out of balance positions. Specifically the individual will need to gain an understanding of Chubbs internal reinsurance and other intercompany transactions and applicable front-end systems. The role holder is also expected to play a key role in improving COGs intercompany management and settlement process by helping to develop processes and technology to better manage this vital area.
- Assist the COG financial accounting team in generally managing and reviewing all COG ledgers. This could include problem solving enhancing reporting meeting ad-hoc requests launching initiatives to better maintain the ledger efforts to open or close business units and other day to day ledger management work.
- Assist in the review of the local statutory to U.S. GAAP semi-annual Balance Sheet and Income Statement reconciliations. Link analytics back to monthly review analysis and local capital modeling and evaluate impacts.
- Support Chubb Internationals Sarbanes-Oxley compliance efforts including oversight for the annual updates to SOX process narratives key control re-assessments walkthroughs with internal and external auditors controls testing and the quarterly attestation process for senior management.
- Prepare journal entries as directed and required.
- Support special projects aligned with segment priorities including purchase accounting and several new COG/Chubb Limited efficiency enhancements.
Qualifications
- Bachelors degree in accounting or finance Required
- 5-8 years of Accounting/Financial Reporting experience Required
- CPA or MBA Preferred
- P&C insurance accounting experience Preferred
- Public accounting or Internal Audit experience Preferred
- Experience with Sarbanes-Oxley compliance efforts Preferred
- Experience with PeopleSoft or another financial general ledger system
- Must have strong oral & written communication skills to articulate issues / recommendations to all levels of Chubbs organization in both written and verbal forms
- Strong quantitative and analytical skills.
- Demonstrated ability to work in a team environment
- Results oriented. Demonstrates strong sense of urgency and has proven record of meeting deadlines
Required Experience:
Senior IC
Employment Type
Full-Time
