Location: 

New York, NY, US

 

Accounting Advice Analyst - Swiss Re Management (US) Corporation - New York, NY 


About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

 

Position Duties:

Provide accounting advice on pending Mergers and Acquisitions (M&A) transactions, asset acquisition, catastrophe bond issuance, and business combination. Prepare accounting policies under both U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) for various types of financial assets (e.g., debt securities, equity securities, derivatives and alternative investments) acquired by Swiss Re as part of its portfolio management process. Work with various functional teams (e.g. IT, Risk Management, Finance) to implement new accounting guidance. Perform research on highly intricate and technical investment accounting matters including but not limited to consolidation (ASC 810), debt and equity financing (ASC 480), fair value matters (ASC 820), equity method accounting (ASC 323), derivatives and hedging (ASC 815) and earnings per share (ASC 260). Provide training for various business groups on new accounting standards. Work with various members of Asset Management (e.g., investment professionals, structurers, members of the Treasury team) in assessing and documenting the accounting impact of significant unusual transactions related to deal makings (i.e., issuance of debt/equity, asset vs. business acquisition). Provide front office (e.g., investment professionals, structurers, traders) with feedback on how to structure new transactions to achieve preferable accounting treatments. Perform research on various technical accounting topics, interpreting/assessing new guidance issued by financial reporting authorities (e.g., Financial Accounting Standards Board (FASB), International Accounting Standards Board (IASB)) and determine the impact on the Asset Management business unit (i.e., investment decision-making process).

 

Degree Requirements:

Bachelor’s degree or foreign equivalent in Accounting, Finance, or related field.

 

Experience Requirements:

3 years of experience in the position offered or related occupation.

 

Other Special Requirements:

Experience with the following: U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standard (IFRS) and understanding of key differences between U.S. GAAP and IFRS; different U.S. GAAP and IFRS databases including  FASB/IFRS accounting update publications, Ernst and Young Financial Reporting Developments, PricewaterhouseCoopers Inform, Deloitte Roadmap, KPMG Guidebook to perform accounting research; demonstrated knowledge of the debt issuance process and financing transactions; demonstrated knowledge of current requirements of the accounting standards and regulatory requirements relating to the insurance and reinsurance sectors; different business structures including  corporation, joint venture, limited partnership, and limited liability company and the accounting implications associated with each of those; and preparing project plan and project budget.

 

Location of Position:

Swiss Re Management (US) Corporation

1301 Avenue of the Americas

New York, NY 10019

 

Applicants should submit resumes online or by mailing to:

ATTN: HR

Swiss Re Management (US) Corporation

1200 Main Street, Suite 800

Kansas City, MO 64105

 

 

 

 

 

 

 


Keywords:  
Reference Code: 85918 

 

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