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Junior Finance Specialist
Place of work
Mlynské nivy 12, Bratislava
Mlynské nivy 12, Bratislava
Contract type
full-time
full-time
Wage (gross)
From 1 300 EUR/monthMinimum base salary for this job is from 1300 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*
From 1 300 EUR/monthMinimum base salary for this job is from 1300 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*
Information about the position
Job description, responsibilities and duties
Are you looking for unusual accounting role where you can be in the front seat and see how our business is handled? Then we have an outstanding opportunity for you. Your reinsurance knowledge will grow over time, what we need is your curiosity and open mind!
We are a distributed team, mainly based in Zurich and Bratislava, taking the responsibility for the End-to-End process for tailor made reinsurance solutions, who is looking for a new colleague to join our Bratislava team.
The role covers the recording of treaty details, resolving of earning profiles, calculating cash flows according to pricing information and client agreement, as well as, accounting of client statements including invoicing. On a quarterly basis you would further assist in the analysis and commenting of these transactions.
Key accountabilities
- Gain understanding of all tailor-made business - review of contract, discussion with Pricing, Portfolio Management Group, Actuary, Legal, Group Accounting
- Ensure the transactions are entered in the Financial Ledger in accordance with the deal structure & the US GAAP accounting sign-off (quarterly closing activities including cash flow, earning patterns, reserves, etc)
- Support processing outgoing payments and receipts related to assigned deals including payment instructions, booking, notifications to clients, follow up on overdue items
- Provide information on Transactions to various interested parties (i.e. business unit controller, claims, actuaries, US GAAP accounting, etc.)
- Support on ad-hoc tasks such as Project work, System enhancement, reports and Analysis
We are a distributed team, mainly based in Zurich and Bratislava, taking the responsibility for the End-to-End process for tailor made reinsurance solutions, who is looking for a new colleague to join our Bratislava team.
The role covers the recording of treaty details, resolving of earning profiles, calculating cash flows according to pricing information and client agreement, as well as, accounting of client statements including invoicing. On a quarterly basis you would further assist in the analysis and commenting of these transactions.
Key accountabilities
- Gain understanding of all tailor-made business - review of contract, discussion with Pricing, Portfolio Management Group, Actuary, Legal, Group Accounting
- Ensure the transactions are entered in the Financial Ledger in accordance with the deal structure & the US GAAP accounting sign-off (quarterly closing activities including cash flow, earning patterns, reserves, etc)
- Support processing outgoing payments and receipts related to assigned deals including payment instructions, booking, notifications to clients, follow up on overdue items
- Provide information on Transactions to various interested parties (i.e. business unit controller, claims, actuaries, US GAAP accounting, etc.)
- Support on ad-hoc tasks such as Project work, System enhancement, reports and Analysis
Information about the selection process
*We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
Requirements for the employee
Candidates with education suit the position
University education (Master's degree)
Language skills
English - Upper intermediate (B2)
Personality requirements and skills
- Master's degree in Finance or Accounting
- Some experience in a role relevant to Accounting or Financial Reporting, with good understanding of Profit & Loss and Balance Sheet
- Understanding of US-GAAP and/or IFRS is a plus
- Ability to fluently communicate in English across various groups of people
- Strong analytical and data management skills
- Ability to understand and adapt fast to complex work-flows and systems
- Ability to set priorities and keep set deadlines
- Ability to learn
- Some experience in a role relevant to Accounting or Financial Reporting, with good understanding of Profit & Loss and Balance Sheet
- Understanding of US-GAAP and/or IFRS is a plus
- Ability to fluently communicate in English across various groups of people
- Strong analytical and data management skills
- Ability to understand and adapt fast to complex work-flows and systems
- Ability to set priorities and keep set deadlines
- Ability to learn
Advertiser
Brief description of the company
As the world's leading and most diversified global reinsurer, we offer as our core business financial services products that enable risk taking essential to enterprise and progress. Our company was founded in Zurich, Switzerland in 1863, and operates in more than 25 countries and provides its expertise and services to clients throughout the world. We combine financial strengths with experience, knowledge and creative thought to explore new opportunities in the interests of our clients, staff and shareholders.
Number of employees
1700 and more employees
Company address
Contact
Contact person: Lucia Vargova
ID: 3980924
Dátum zverejnenia: 11.10.2021
2021-10-11
lokalita: Bratislava Pozícia: Database Analyst, Financial Analyst Spoločnosť: Swiss Re
Základná zložka mzdy (brutto): 1 300 EUR/month