The Role
Responsible for providing temporary support across all aspects of the monthly and quarterly financial close process.
Key Role Accountabilities
- Assist the monthly non-technical close process including processes such as bank reconciliations, prepayments, fixed assets, accruals, long-term debt, and other corporate transactions
- Prepare and maintain lease commitment schedules
- Prepare the quarterly intercompany recharge entries and settlement schedule
- Liaise with third-party Finance on the quarterly recharge process, including closing out any queries and obtaining the relevant internal approvals
- Prepare and review monthly FX rates, including reasonableness testing
- Support quarterly Group consolidation process, including consolidation adjustments and investigation of variances
- Assist with execution and preparation of SOX control documentation within the financial reporting process
- Assist in the preparation of the quarterly and annual Pelagos Group consolidated financial statements
- Assist in the preparation of the annual Pelagos Bermuda consolidated financial statements
- Prepare monthly and quarterly management accounts and financial supplements for the Pelagos Group of Companies
- Assist in the preparation of data and reports for the actuarial function
- Assist the accounts payable function, processing and approval of invoices and employee expenses and approval of new suppliers in the Oracle and SAP Concur applications
- Liaise with cross-functional teams for data collection, and preparation of schedules for rating agency capital returns and the monitoring of capital position
- Responsible for the preparation of monthly aged debt reporting, related monitoring of service level agreements, and preparation of the quarterly bad debt provision.
- Assist where necessary with the annual business plan and reforecasting for corporate expenses
- Liaise with internal and external audit ensuring the timely completion of reviews and compliance with applicable accounting standards
- Keep the CFO/Financial Controller fully informed of the status of the projects assigned, as well as relevant accounting-related issues that may arise from such projects
- Ad hoc projects as required
Qualifications, Experience and Competencies
Qualifications:
- A professional accounting qualification (ACA, ACCA, CIMA or equivalent)
Experience:
- Up to 3 years’ post qualification experience preferably gained in an insurance/reinsurance environment
- Knowledge and experience of US GAAP preferred but not required
- Knowledge of relevant accounting software (previous experience with Oracle and SAP Concur preferred but not required)
Competencies:
- Strong knowledge of the Microsoft Suite of applications with advanced Excel skills
- Advanced and proven financial, analytical and organizational skills
- Ability to work effectively as part of the finance team and other key stakeholders across different functions within the organization
Data Privacy Policy
Pelagos Insurance Capital is committed to the equal treatment of all current and prospective employees. We do not tolerate discrimination based on, including but not limited to, age, disability, sex, sexual orientation, pregnancy and maternity, paternity, race or ethnicity, religion or belief, gender identity or marriage and civil partnership.
We strive to create a diverse and inclusive workplace and strongly encourage suitably qualified individuals from a wide range of backgrounds to apply and join Pelagos Insurance Capital.
