General Accounting, Senior Associate

About SCOR:
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity.

We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Job Summary: The General Accounting, Senior Associate & Systems Specialist is accountable for maintaining, updating and redesigning (as necessary) the intercompany cost allocation model to achieve accurate intercompany accounting. This person is responsible for managing, manipulating and calculating large amounts of data using specific systems/apps/tools to ensure appropriate transfer pricing methods and accurate tracking of results. The General Accounting, Senior Associate & Systems Specialist collaborates and maintains strong working relationships with team members in Bucharest where intercompany payments and receipts are handled.

The individual will interact and collaborate with colleagues in Ireland and Paris, the centers for most of our foreign intercompany cost allocations and home (Paris) to our internally developed global costing tool. The General Accounting, Senior Associate & Systems Specialist is responsible for maintaining and updating the operating expense database, which feeds numerous reports and analytics. The individual performs detailed analysis of results and variances to ensure accurate legal entity expense reporting, and provides value added commentary.

Additional duties may be assigned as needed to support the General Accounting functions.

Responsibilities:

• Maintain, update and/or redesign (as needed) US Life intercompany cost allocation model in Excel in compliance with service level agreements with affiliates. Use of Alteryx, SQL Server, Power BI, Power Pivot and Power Query is required. Ensure output is accurate and is entered correctly into global costing tool (Cost Vision).
• Develop and maintain mastery of SCOR s global intercompany costing tool (Cost Vision/PaPM) and related inputs, outputs and reporting. Advocate for specific requirements to support local needs.
• Participate in projects that impact expenses, volumes, business flows and inputs to the models in order to modify models as necessary and/or influence projects to ensure outcomes are in line with intent.
• Ensure accuracy and completeness of trial balance sheet accounts and expense database to verify results, facilitate research and analysis and to enable timely production of reports.
• Problem solve drivers of unexpected outcomes and determine corrective actions if needed.
• Proactively communicate/collaborate with team members / colleagues in Paris, Bucharest and Ireland, including addressing questions about calculations of expense allocations.
• Review and post any manual entries in SAP to record intercompany cost sharing.
• Review and post other journal entries in SAP as needed
• Utilize technical skills and process improvement skills to streamline processes and gain efficiencies.
• Prepare reports and perform analytics for senior management to assist in evaluating actual and planned results.
• Provide information and documentation to internal and external auditors, state examiners, tax experts and internal partners as needed.
• Facilitate and perform ad hoc requests.
• May perform other duties as necessary to support General Accounting functions and objectives.

Desired

Qualifications:

• 5-7 years of relevant finance and/or accounting experience.
• Bachelor s of Accounting or Finance or related field with demonstrated record of academic excellence or Bachelor s of Business…