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Folkestone, GB

Senior Accountant iptiQ

About iptiQ


iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

iptiQ provides digital, bespoke and transparent L&H and P&C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.






About the Role

This is an opportunity for you to join a team in the early stages of its development. We are looking for a hardworking individual, who can bring knowledge and an enthusiastic 'can do' attitude to our team. We are now recruiting a Finance Specialist in the accounting and reporting team, with an accounting background, passionate about being involved in the growing business unit and to be involved in our transition to  IFRS reporting.


This role will require you to embed your accounting and reporting knowhow into our legal entity accounting team. In this role you will, together with your team-mates, be responsible for successful reporting processes and be involved in supporting the conversion to IFRS as well as be part of the building up team´s operating model at early stage. 


Key accountabilities:
•    Completion of accounting  training relevant to the role
•    Take on the accounting and reporting responsibilities for the assigned entities in scope and apply the IFRS basis with the ultimate goal of transitioning the full team to IFRS once appropriate. This includes:
•    Develop a strong understanding and ownership of insurance (technical) accounting
•    Prepare and post all manual journals for income statement and balance sheet including but not limited to intercompany, accruals, payroll and expenses for all valuations
•    Prepare balance sheet reconciliations including intercompany confirmations and investigate any queries that emerge as a result
•    Develop an understanding of the business and legal entities in order to support the other reporting teams in developing an understanding of what is needed to report under IFRS
•    Provide support in acquiring supporting documents for external audit
•    Follow controls and raise issues and risks that are identified through approved routes and support the resolution of these
•    Maintain and develop important relationships within iptiQ and Swiss Re and serve as main contact point for all accounting queries for entities within your scope


About the Team

The iptiQ EMEA L&H Finance Operations team is responsible for supporting the insurance company and its European branches with accounting, financial analysis and reporting according to US GAAP and other statutory valuations as well as converting to IFRS reporting to replace US GAAP from 2024.

We also contribute to a number of development projects. Our current challenges are the automation and improvement of the insurance accounting processes and preparation for IFRS reporting and migration onto SAP, as part of a Swiss Re Group projects. 


About You

We would like to meet you for an interview if you fulfill our requirements below!

•    Minimum 3 – 5 years of relevant work experience, of which at least 3 years have been in the area of general ledger accounting
•    You have a University degree with an emphasis in Accounting and/or Finance
•    CPA/ACCA certification or equivalent is advantage

•    IFRS experience desirable
•    Good understanding of accounting systems including data entry, journal preparation, monthly reconciliations, extraction of reports and understanding of multi-valuation concept
•    Ability to work within an appropriate control environment
•    Global perspective and solution-oriented attitude
•    You demonstrate a strong interest in new technologies - You learn how to use new tools quickly
•    Strong communication skills and ability to interact with all levels within organization
•    You are able to work independently as well as part of a team


We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.


We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.


Reference Code: 114701 


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