Investment Administration & Accounting (IAA) is a global service unit responsible for investment back office and accounting within the Zurich Group. We deliver to around 30 countries through a regional SLA based, shared service operating model with three dedicated client facing Centers of Excellence in 3 continents. With our 140 team members, we provide accounting & reporting service for local GAAP, Stat, Tax and Group IFRS - covering approximately 90% of Group's Own Assets. We endeavor to implement globally consistent accounting and operational procedures, provide quality services to investment management and finance teams, generate operating efficiencies, as well as develop an agile organization.
This role supports the investment administration and accounting (IAA) monthly close process and delivery for certain reporting units in a region, the primary objective being the production of investment accounting data and analytics under Group international as well as local accounting standards for different stakeholders, e.g. Local FAR, Tax and Zurich Group Investment Management (ZGIM) teams.
As a Senior Investment Accounting Analyst you will be responsible for the monthly and quarterly closing and reporting. Furthermore you will work in the maintenance and reporting of local regulation reporting.
As a Senior Investment Accounting Analystyourmain responsibilities will involve:
Performing the monthly hard close process and investment data delivery to ensure efficient high quality delivery and appropriate sign-off procedures
Responsible for the monthly and quarterly closing for European and Latin America companies under Local and IFRS rules.
Implement local or Group changes related to chart of account, valuation principles and reporting requirements.
Ensure compliance of sub ledger with local and group requirements: Generally Accepted Accounting Principles (GAAP), Local Statutory and regulatory/Tax Accounting Principles (SAP), International Financial Reporting Standards (IFRS), and other external or internal policies or guidelines, e.g. Sarbanes-Oxley Act (SOX).
Resolving operational day-to-day problems identified by the accounting department or referred from other functional areas, ensuring an efficient and high-quality service, including the management of complex issues according to the Group Incident Management Policy
Deliver reports which provide insight to CIOs and CFOs on the catalyst for investment accounting results and how investment data has developed over time.
Determine, explain and interpret the main drivers of investment result across almost all operational asset classes, their lifecycle and how it is presented in BS/PL by using appropriate tools like SAP BI, BW. .
Ensure high quality of financial figures and accurate implementation of new reporting requirements.
You will be involved in different International Projects
Your Skills and Experience
As a Senior Investment Accounting Analyst your skills and qualifications will ideally include:
Bachelors degree (or equivalent) in Accounting, Business Administration, Finance and 5 or more years of experience in related field is required
Preferred: Masters degree (or equivalent) in Accounting, Business Administration, FinanceAdvanced knowledge in accounting.
Good knowledge of Investments and Financial Markets.
High knowledge of IFRS rules.
Excellent understanding of investment sub ledger system such as SAP FAM (SAP Investments)
High knowledge in Office tools
Good spoken and written English; another language is an advantage.
Certificates Preferred: CA, CPA or ACA qualification with 2 year post qualification relevant experience
Analytical thinking and problem solving skills. Fast learning and proactive attitude.
Willing to take ownership, hardworking, persistent, able to work under pressure, team oriented personality and client focus oriented.
Global thinking to understand the dependencies within a multinational company
Primary work location is Barcelona. You can apply by clicking on the button "Apply online"
Who we are
Looking for a challenging and inspiring work environment where you can make a difference? At Zurich millions of individuals and businesses place their trust in our products and services every day. Our 53,000 employees worldwide form the basis of our success, enabling, businesses and communities to face a world of risk with confidence. Imagine if you could help people do this all over the world. You'd give them confidence and reassurance by protecting what they love most. It's a big challenge, but you will be supported by a world-class team who believe in helping you to reach your full potential and deliver on our promises.
So be challenged. Be inspired. Help us make a difference.
At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.