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. The iptiQ Division, through its Operating Entities provide access to attractive and growing primary risk pools.

We are now recruiting a Finance Specialist in the General Ledger Accounting Support team, with an accounting background, passionate about being involved in the growing business unit to support our preparation and launch of IFRS reporting.

This role will require you to embed your accounting and reporting knowhow into our legal entity accounting team and is a non-technical reporting role.

In this role you will, together with your team-mates, be responsible for successful conversion to IFRS whilst working closely with the finance transformation project involving the migration from legacy accounting system onto SAP General ledger platform and be part of the building up team´s operating model at early stage.

Key accountabilities:

- Completion of IFRS training relevant to the role
- Participation in the Group IFRS project
- Develop an understanding of the requirements to participate in the Group IFRS dry run in 2022 and participate in this
- Take on the general ledger reporting responsibilities for the entities in scope but under an IFRS basis with the ultimate goal of transitioning the full team to IFRS once appropriate. This includes:
- 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 convert to IFRS
- Develop an understanding of data flow, system landscapes and system interactions impacting accounting transactions in order to assist in the finance transformation project (transition to SAP GL) and the IFRS implementation
- Support team mates on data cleansing in legacy system in order to ensure smooth transition onto SAP GL where applicable
- 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 Finance Accounting & Reporting iptiQ team in Bratislava is responsible for the quarterly financial closing for US GAAP, EVM and statutory valuations for our legal entities as well as converting to IFRS reporting to replace US GAAP from 2024.

We also contribute to a number of development projects. Our current challenge is the migration of our entities onto SAP and preparation for IFRS reporting, as part of a Swiss Re Group projects.

This job offer is suitable for people who have been impacted by the invasion of Ukraine.

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.

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