Financial Accountant

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Sydney, New South Wales, AUS
In-Office
Insurance
The Role

Title:

Financial Accountant

Company:

Everest International Reinsurance, Ltd. (Australia)

Job Category:

Finance

Job Description:

About Everest

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the role

An exciting opportunity has arisen for a Financial Accountant to join a General Insurance Company in Australia. This is a global underwriting leader providing best-in-class property, casualty and specialty reinsurance and insurance solutions.

We are seeking a highly skilled and experienced Financial Accountant that will be responsible for supporting the financial operations, ensuring compliance with accounting standards and ideally having a background in general insurance.

Purpose and Accountabilities of the role

  • Support the preparation of financial statements / APRA returns,
  • Monthly balance sheet reconciliation,
  • Monthly reconciliation between insurance systems and the general ledger,
  • Documenting and building on procedures,
  • Journal entries leading up to month/quarter/year end close,
  • Assisting with the preparation of the quarterly CFO report,
  • Supporting the Finance Operations team with the preparation and lodgement of the various indirect taxes and duties (GST, Stamp Duty, etc),
  • Supporting the Finance Operations team with Accounts Payable and Accounts Receivable,
  • Completing Industry Surveys (ABS),
  • Annual external audit work; answering audit queries, investigation, assisting with sample testing,
  • Quarterly reconciliation between Local results and US GAAP,
  • Support in preparing the annual tax returns and Fringe Benefits Tax Return,
  • Ad Hoc tasks

Qualifications, Knowledge, Skills & Competencies

  • CPA or CA qualified,
  • Minimum 5 years of financial accounting experience preferably within the General Insurance industry,
  • Experience using general ledger systems (Oracle, PeopleSoft, etc),
  • Strong analytical and problem-solving skills,
  • Advanced proficiency with Microsoft Office suite, especially Excel,
  • Exceptional attention to detail and accuracy,
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels,
  • Ability to work under pressure and meet tight deadlines.

We offer a competitive salary package and a supportive work environment.

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.  
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

#LI-JW1

#LI-Hybrid

Type:

Regular

Time Type:

Full time

Primary Location:

Sydney, Australia

Additional Locations:

GDPR Privacy Notice | Everest (everestglobal.com)

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The Company
HQ: Warren, NJ
3,485 Employees
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity. Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index. FINANCIAL STRENGTH RATINGS A+ by A.M. Best A+ by S&P A1 by Moody's

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