Mgr. - IFRS Reporting and Consolidation

Job Responsibilities and Requirements

The Manager, IFRS Reporting and Consolidation will play a key role in the Company’s in-process implementation of International Financial Reporting Standards (IFRS), including the consolidation of the Company’s ultimate U.S. parent company’s results. The Company is in the process of adopting IFRS effective in 2024 with external comparative financial statement reporting in 2026. This role includes the continued development and implementation of new accounting policies, procedures, and controls, as well as refinement of the technology supporting the new accounting basis. The Manager, IFRS Reporting and Consolidation will be responsible for managing the consolidated quarterly and annual financial statements and deliverables on an IFRS basis. This position offers an excellent opportunity to grow in an evolving company, and to provide input and standardize the reporting under the IFRS basis of accounting.

Duties and Responsibilities:

• Help lead remaining aspects of the IFRS implementation project through teaming with other departments across the Company, as well as counterparts at sister entities, parent company (Tokio Marine) and various external consultants, to meet implementation deadlines.

• Develop / refine new processes and implement technology to support accounting, reporting and analysis of results under IFRS.

• Research and help resolve technical accounting issues, including evaluation and implementation of accounting pronouncements to ensure IFRS compliance.

• Assist with documentation of required IFRS disclosures, including identification of processes and procedures to gather the data necessary to fulfill such disclosures.

• Analyze and reconcile between GAAP and IFRS reporting frameworks.

• Assist with development of control framework under new accounting basis.

• Prepare documentation and communicate status of the implementation project.

• Interact directly with external and internal auditors during the implementation to ensure timely auditing of opening balance sheet, accounting policies, newly implemented controls, and other implementation activities.

• Post-implementation, consolidation of all subsidiaries and preparation of the U.S parent company’s consolidated IFRS quarterly and annual financial statements.

• Coordinate key department initiatives as needed, potentially across multiple teams and/or bases of accounting.

• Assume additional responsibilities as required to accomplish department objectives.

Required Knowledge, Skills, Abilities and/or Related Experience

• Bachelor's Degree in accounting or finance required. CPA or progress towards preferred.

• Minimum of 5-7 years’ relevant accounting experience. Public accounting experience required.

• Strong foundation in GAAP accounting principles. Prior accounting in the insurance industry and/or IFRS experience preferred.

• Must have disciplined organizational skills and the ability to multi-task, solve problems, organize, prioritize and meet deadlines as needed

• Must have a strong attention to detail

• Understanding of and ability to work with computerized accounting and reporting systems.

• Excellent written and verbal communication skills and presentation skills

• Proven ability to interact and influence effectively at all levels within and outside the company

• Demonstrated ability to work in a cross-functional, high-growth environment.

• Demonstrated ability to lead and drive complex initiatives.

• Demonstrate integrity, values, principles, and work ethic; lead by example.

• Experience with Microsoft Office products including Excel, Word, Outlook, PowerPoint and Teams

Ability to Travel: Up to 10%

The expected hiring range for this position is $107,320.00 - $143,270.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate’s starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.

Work location may be flexible if approved by the Company.

What We Offer

At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can’t do this without our most important asset—you.

That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.

Our Benefits:

• An annual performance bonus for all team members
• Generous 401(k) company match that is immediately vested
• A choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account
• Multiple options for dental and vision coverage
• Company provided Life & Disability Insurance to ensure financial protection when you need it most
• Family friendly benefits including Paid Parental Leave & Adoption Assistance 
• Hybrid work arrangements for eligible roles
• Tuition Reimbursement and Continuing Professional Education
• Paid Time Off, volunteer days, community partnerships, and Employee Assistance Program
• Ability to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion Council

Our Values:

• Integrity
• Empowerment
• Compassion
• Collaboration
• Fun

EEO Statement

Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.

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