Our client is one of the world’s pre-eminent specialty risk assumption organizations, with successful, growing operations in Bermuda, the USA and Lloyds of London.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way.
Position overview
This is a new role that will support the Group Financial Controller with the preparation of financial results, consolidation, quarterly close, general ledger management, intercompany, Bermuda Corporate Income Tax and accounting for the holding company, while maintaining a robust internal control environment.
Key responsibilities:
Responsible for day-to-day accounting of the group holding company in accordance with U.S. GAAP, including accounting for stock compensation, debt and equity instruments, foreign exchange and Bermuda Corporate Income Tax;
Preparation of quarterly and annual internal and external financial reporting deliverables, including the financial close process, corporate consolidation, eliminations, segment and other detailed analysis and supporting work books;
Supporting intercompany accounting and the group allocation process;
Providing support and collaboration with internal and external auditors, third-party service providers and internal and external stakeholders, to ensure financial information is compiled in a complete, accurate and efficient manner;
Designing and implementing new processes and technologies, in addition to identifying opportunities to create greater automation and efficiencies within the finance function;
Liaising with IT and project management teams to formulate and develop finance systems, as well as leading required finance systems migration and update projects;
Managing and supervising a corporate accounting staff member, while ensuring adherence to all finance department processes and procedures.
Qualifications, Skills and Experience
The position offers an excellent opportunity to develop your career in a fast-paced and growing organization. The role is suited to candidates evidencing positive, relevant experience in a similar role, with strong technical skills, a keen eye for detail, excellent written and verbal communication skills, capable of supporting the group finance function in ensuring the accuracy and compliance of financial records.
Bachelor’s degree in a related field (e.g. Accounting, Finance) and a globally recognized professional accountancy designation, e.g. CA, CPA, ACA;
Must have an advanced working knowledge of Microsoft Office suite, strong technical knowledge of U.S. GAAP accounting standards, experience with various general ledger and financial software solutions (SUN, Phinsys, Workiva, TM1);
At least 10 years of relevant post qualification experience within the global P&C industry, with a Big-4 audit background. Awareness of U.S. Statutory, U.K. GAAP and the Lloyd’s market would be an advantage;
Must be able to evidence relevant experience involving process re-engineering, systems implementation; and prior involvement working on projects;
Analytical and problem-solving abilities and attention to detail, are essential;
Strong organizational skills, ability to prioritize tasks, work under pressure and meet deadlines in a fast-paced dynamic environment;
Ability to exercise discretion in handling confidential information, work overtime including weekends and public holidays where required to meet business demands.
Interested persons should apply by sending a CV and covering letter in confidence to:
Alistair McNeish
Managing Director, PwC Advisory
bm_execsearch@pwc.com