Process Developer - GL

Job Details / Role Purpose

The role is responsible for overseeing the Closing & Reporting Team, ensuring that all month-end and quarter-end activities are completed in accordance with process documentation and standard Allianz Worldwide Partners (AWP) procedures. Key activities and responsibilities include balance sheet reconciliations, accruals/prepaid bookings, technical reserving, foreign exchange (FX) and depreciation runs, books consolidation, and other reporting tasks

Key Responsibilities:
• Prepare and post journals to finalize monthly results for all lines of business.
• Prepare and analyze various monthly sales, cost, and claims reconciliations.
• Understand and manage unearned revenue, reserving, and prepaid accounts.
• Gain a comprehensive understanding of reinsurance, technical reserving, and incurred but not reported (IBNR) claims.
• Manage invoicing, credit notes, commission, client cost rebills, and intercompany costs.
• Prepare balance sheet reconciliations, clear open items, and follow up on outstanding issues.
• Understand asset accounting and evaluate foreign currency balances for FX.
• Actively contribute to the design and implementation of process improvement initiatives, including standard operating procedure (SOP) documentation, process analysis, and recommendations for improvement.
• Collaborate within a team structure to achieve key performance indicators and objectives, maintaining a strong focus on these goals.
• Develop and maintain professional relationships with internal and external stakeholders.
• Perform other ad hoc tasks and responsibilities as needed

Profile Key Requirements:
• Intermediate to advanced Excel skills.
• Solid accounting knowledge and effective communication skills.
• Previous experience in month-end closing and reporting; experience in insurance and reinsurance, as well as SAP, is preferable.
• Proactive decision-making and actions.
• Ability to take initiative and deliver quality results, often with competing deadlines.
• Strong listening, written, and verbal communication skills.
• Exceptional customer service skills for both internal and external stakeholders.
• PowerPoint skills are advantageous

Experience & Education
• 4-6 years with a B.Com or MBA in Finance

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or ****** orientation.
Join us. Let's care for tomorrow.