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About the Role
The Financial Accountant will support the Finance function in various activities including financial reporting, BAU, financial planning, and budgeting processes. This role is part of a young but successful team and company, contributing to daily, weekly, monthly, quarterly, and annual financial processes.
Responsibilities
- Perform daily, weekly, monthly, and annual finance processes, including statutory, regulatory, and management reporting.
- Enter invoices and prepare reconciliations as part of the accounts payable and receivable function.
- Monitor and process financial transactions with lending customers and suppliers.
- Assist with reconciling bank statements and resolving discrepancies.
- Assist in reconciling general ledger accounts and ensuring proper transaction recording.
- Participate in the development and implementation of policies and procedures.
- Maintain and operate an effective internal control environment compliant with best practices and SOX obligations.
- Collaborate with other Arch Capital Group companies to ensure compliance with inter-company arrangements and provide ad-hoc assistance.
- Assist in responding to information requests from internal and external auditors.
- Perform ad-hoc finance tasks as required.
Requirements
- Prior experience and proficiency in Finance function including accounts payable, accounts receivable, and journal entry process.
- Proficiency in Australian GAAP, ideally within a general insurance environment.
- Demonstrated ability to deliver results under tight deadlines and competing objectives.
- Strong analytical skills.
- Strong communication skills in written and verbal formats; ability to address broad range of audiences including senior management, external stakeholders and technical experts.
- Focus on client and customer service.
- Willingness/ability to function as a member of a multi-disciplined, international team.
- Professional maturity and confidence.
- Bias towards action and self-direction.
- Microsoft Excel and Microsoft Word skills are valuable.
- Incumbent may be asked to perform other duties as required.
Skills
- Accounts payable
- Accounts receivable
- Journal entry
- Australian GAAP
- Financial reporting
- Financial planning
- Budgeting
- Bank reconciliation
- General ledger reconciliation
- Statutory reporting
- Regulatory reporting
- Internal controls
- SOX compliance
- Microsoft Excel
- Microsoft Word
Location
- Australia
Work Type
- Full-time
- Onsite
Experience Level
- 2-3 years of relevant experience
Education Level
- Finance degree (or equivalent)
- Completion or substantial completion of a professional accounting qualification (CA, CPA, ACA) is desirable
About the Company
- Arch LMI Pty Ltd is an APRA-licensed provider of Lenders Mortgage Insurance (LMI).
- Arch LMI is an Australian-domiciled subsidiary of Arch Financial Holdings Pty Ltd.
- The ultimate parent is Arch Capital Group Ltd (ACGL), a S&P 500 NASDAQ-listed global provider of insurance and reinsurance across a variety of product classes.
- Company culture is rooted in collaboration, expertise, and innovation.
- The company aims to promote progress and inspire clients, employees, investors, and communities to achieve their greatest potential.