Accounting Analyst
Location: Mexico City (Hybrid 2 days onsite 3 days remote)
Job Summary
The Accounting Analyst is responsible for ensuring the accuracy completeness and efficiency of financial and accounting operations within an insurancefocused environment. This role manages key accounting processes including transaction posting account reconciliations and maintaining reliable financial records. By applying local regulatory requirements (CNSF/AMIS) and international standards (IFRS) the analyst ensures compliant transparent and highquality financial reporting.
The position supports core operational activities such as premium and claims accounting accounts payable/receivable accruals and insurancespecific adjustments. The analyst is expected to maintain strong knowledge of local GAAP insurance regulations and IFRSparticularly standards related to insurance contracts and financial instrumentsto ensure proper recognition measurement and reporting of financial data.
Through consistent execution of reconciliations journal entries analytical reviews and internal controls this role contributes directly to financial stability regulatory compliance and operational excellence.
The ideal candidate has strong insurance accounting knowledge excellent analytical and numerical skills attention to detail and the ability to work efficiently in a fastpaced environment. Clear communication accountability and accuracy are essential.
Key Responsibilities
Monitor the monthly operational closing process ensuring timely reconciliation of operational technical and insurancerelated accounts.
Validate approve and release invoices and payments in accordance with internal controls and policies.
Generate analyze and reconcile financial information in SAP including local GAAP and IFRS data.
Prepare and submit regulatory reports (RRs) to the CNSF with accuracy and timeliness.
Perform monthly reconciliations for insurance and service entities ensuring complete and accurate balances.
Support the administration and reconciliation of agent commissions (as needed).
Reconcile key insurance accounts including premiums claims commissions and investments.
Assist in preparing Financial Statements aligned with internal local and IFRS reporting requirements.
Analyze financial and balance sheet variances providing clear explanations and documentation.
Prepare and post IFRSrelated journal entries including adjustments accruals and valuations.
Support internal and external audits by providing documentation and addressing observations promptly.
Maintain and strengthen internal controls ensuring compliance and continuous process improvement.
Skills & Qualifications
Knowledge of insurance accounting (required)
SAP experience including report creation (intermediate; advanced preferred)
Experience in operational and technical account reconciliations
Understanding of commission and insurance technical accounts
Knowledge of IFRS standards
Familiarity with local insurance regulations (CUSF LISF)
English fluency
Education
Bachelors degree in Accounting
Experience
Minimum 3 years of experience in the insurance industry
Qualifications :
Skills & Qualifications
Knowledge of insurance accounting (required)
SAP experience including report creation (intermediate; advanced preferred)
Experience in operational and technical account reconciliations
Understanding of commission and insurance technical accounts
Knowledge of IFRS standards
Familiarity with local insurance regulations (CUSF LISF)
English fluency
Education
Bachelors degree in Accounting
Experience
Minimum 3 years of experience in the insurance industry
Additional Information :
What We Offer
Location: Ciudad de México/Mexico City (Hybrid 2 days onsite 3 days remote
Remote Work :
No
Employment Type :
Full-time
Coface is a team of 4,500 people of 78 nationalities across nearly 60 countries, all sharing a corporate culture across the world. Together, we work towards one objective: facilitating trade by helping our 50,000 corporate clients develop their businesses.With 75 years of experience, ... View more