Job Details
MSIG North America continues to grow!
MSIG North America is growing significantly in the United States and has plans to continue with its growth strategy for the next 3-5 years. Our finance team is continuing to grow to accommodate the current and future growth with the addition of a new Assistant Manager position, Core responsibilities of this role include assisting in the financial reporting and analysis of GAAP financial statements for MSIGH companies as well as IFRS reporting to parent company. Developing and maintaining financial reporting controls, including appropriate documentation. Managing a newly formed group of companies and the related financial reporting. Assisting in the development and maintenance of financial reporting controls, including appropriate documentation. Working directly with senior management and with other departments to provide accounting guidance for new initiatives and start-up entities, preparing accounting policy documentation and applicable reporting.
Essential Functions:
Own the financial reporting responsibilities for a start-up entity that is expected to significantly grow via acquisitions and investments in MGAs and other initiatives.
- Work with accounting policy and legal departments to review new contracts and assess the accounting implications based on existing accounting standards, interpretations and regulations.
- Manage all aspects of the monthly, quarterly and annual reporting process on a U.S. GAAP basis.
- Perform budget to actual analysis on a monthly basis, providing explanations and reports to senior management for material variances.
- Manage board reporting and present results to Controller and CFO for commentary.
- For newly acquired entities, work with Controller to build out subsidiary reporting processes and incorporate new companies into the group consolidation process.
- Assist in managing the quarterly/annual audits by both internal and external auditors. Remediate any unresolved issues and bring issues of importance to Senior Management.
- Assist with the transition to a new GL software package utilizing deep knowledge from managing the reporting activities for entities responsible for.
- Prepare and/or provide requisite data for the inclusion in the IFRS reporting package to Tokyo Head Office on a quarterly basis. Assist in coordination of activities in support of reporting consolidated financial results to Japan as well.
- Assist other MSIGH companies and projects as needed to ensure accurate and timely financial reporting for MSIGH. Work with affiliates to ensure accounting policies are consistent across the group.
- Establish and maintain strong working relationship with subsidiary finance personnel, conducting site visits where necessary, as well as with group functional departments, including but not limited to Treasury, Investments, Actuarial, Tax. Internal Audit and Legal. Reviews and documents the control environment with the Controller and directs the development and maintenance of financial reporting controls for entities responsible for.
- Ensures appropriate documentation is current for all key functions in the Finance Department, both local and at the subsidiaries. Special projects as necessary. This may include and not be limited to implementation of a new general ledger and subsidiary ledger system, assisting with implementing changes to the budgeting process and refinement of the existing systems in the department.
Supervisory Responsibilities:
Manage staff as needed in the Accounting Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Education and Experience Required:
Education and/or Experience: Bachelor's Degree in Accounting is required along with a minimum of 5-7 years related experience.
Experience in a property/casualty insurance industry environment is required; CPA is a plus.