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About the Role
The Senior Accountant – General Accounting is responsible for executing and coordinating accounting activities, including cash and bank reconciliations, suspense clearing, lease, pension, payroll, fixed asset, and other recurring close processes. The role prepares and reviews journal entries, reconciliations, supporting schedules, and reporting deliverables under IFRS and statutory accounting requirements. The Senior Accountant investigates complex reconciling items, partners with business owners and service providers, supports audits and disclosures, and helps strengthen controls and improve accounting processes.
Responsibilities
- Own assigned monthly, quarterly, and annual accounting close activities, including preparation of journal entries, account reconciliations, supporting schedules, and required sign-offs.
- Perform and coordinate bank reconciliations for technical and non-technical accounts.
- Monitor cash and payroll suspense activity, research open items, and coordinate resolution with business partners.
- Prepare reclassification and clearing entries for payroll tax, 401(k), deferred compensation, and other suspense balances.
- Perform lease and sublease accounting activities, including monthly and quarterly entries, lease-related reclassifications, suspense and account reconciliations, and support for financial reporting.
- Prepare quarterly pension expense entries, annual true-up entries, pension account rollforwards, reconciliations, and supporting schedules.
- Perform other accounting and reporting requirements for fixed assets, depreciation, non-admitted assets, equity rollforwards, intercompany items, Business Related Services, and other assigned recurring or ad hoc activities.
- Prepare and support ECON, statutory, tax, and other reporting deliverables, including schedules, footnotes, PBC requests, and management reporting support.
- Maintain compliance with internal controls, including ORCS and MARSOX requirements; retain appropriate evidence and support internal and external audits.
- Identify process improvement opportunities, update procedures, and provide guidance or review support to other team members as assigned.
Requirements
- 4+ years of progressive accounting experience, including journal entries and account reconciliations
- CPA required
- Experience with cash accounting, bank reconciliations, suspense or clearing accounts, and period-end close preferred
- Experience with lease, pension, payroll, fixed asset, intercompany, or financial reporting activities preferred
- Insurance or financial services experience preferred
- Public accounting experience is a plus
- Experience with Oracle Fusion, SAP, BlackLine, or comparable ERP and reconciliation tools preferred
- IFRS and Insurance Statutory accounting experience a plus, ability to research and apply accounting guidance
- Advanced proficiency in Excel and ability to analyze large or complex account activity
- Experience with Alteryx and Power BI preferred
Skills
- Alteryx
- Power BI
- Excel
- Oracle Fusion
- SAP
- BlackLine
Location
- New York City
Work Type
- Full-time
Experience Level
- Senior
Education Level
- CPA
Salary/Compensations
- $122,000 to $141,000
Benefits
- Two options for health insurance plan (PPO or High Deductible)
- Prescription drug coverage
- Vision and dental insurance plans
- Basic life insurance equal to 1x annual salary
- AD&D coverage equal to 1x annual salary
- Short and Long-Term Disability coverage
- Supplemental Life and AD&D plans
- Voluntary Benefit plans (Accident, Critical Illness and Hospital Indemnity)
- Robust 401k plan with up to a 6% employer match
- 24 days of paid time off annually
- Eligibility to receive a yearly bonus
- Variety of health and wellness programs
- Gym fitness reimbursement
- Paid time off for eligible family care needs
- Tuition assistance
- Educational achievement bonuses
- Corporate matching gifts program
- Paid time off to volunteer in your community
About the Company
- Together, we engage with everything we have and are, to help humankind act braver and better.
- As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.
- By turning uncertainty into manageable risk, we enable fundamental change.
- We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.
- We dare to think big and are continuously innovating on behalf of our clients.
Equal Opportunity
- At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us.
- Our goal is to foster an inclusive culture and build a workforce that reflects the customers we ושrve and the communities in which we live and work.
- We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day.
- We recruit and develop talent with a focus on providing our customers the most innovative products and services.
- We are an equal opportunity employer.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.