Senior Accountant II Job Chicago area,Illinois USA,Finance & Banking

We are looking for a Senior Accountant based in Chicago. This will be a hybrid role.

Responsibilities

Document application of policies, procedures and workflow for assigned areas of responsibility
Archive records to satisfy audit and statutory requirements
Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes and workflows as well as the implementation of global policies and procedures
Ensure that all IFRS, GAAP and Statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities, NAIC reporting, other internal/external reporting requirements) related to own area of responsibility are accurate and timely on a global basis
Complete assigned postings, Journal Entries and Account reconciliations on a periodic basis. Reconcile and settle intercompany transactions within the affiliated company group
Coordination, transfer and reconciliation of data from interfaces of front‑end systems
Take care of monthly legal entity close submission activities, including posting of accruals, deferred acquisition expenses and other accounting transactions
Manage relationship with 3rd parties (auditors, business units, tax authorities, public authorities, etc.)
Assist internal clients (e.g. other departments) with reports, research and other activities
Identify problems and opportunities for improvements; propose creative solutions that improve qualitative and quantitative performance

What You’ll Bring to the Role

5-7 years experience in reinsurance, P&C insurance and / or asset management
5-7 years experience in proven understanding of standard accounting (GAAP & IFRS) for insurance and reinsurance
3-5 years experience in project and team work in an international and dynamic environment
Understanding insurance financial statements and their performance measurement including drivers
Comprehensive knowledge of local GAAP, IAS / IFRS, Regulatory, Tax and other relevant requirements (such as Allianz Accounting policies) writing reporting, compliance and declaration
Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
AI Literacy: AI data analysis and workflow automation using applications like Microsoft Copilot, ChatGPT etc.
Bachelor’s degree in Accounting, Finance, or Business degree
Locally recognized professional qualification related to Accounting (e.g. CPA, ACCA, etc.), if applicable.
A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

Benefits

Annualized base pay range: US $65,000 – $85,000;
Canada $75,000 – $90,000 CAD
Target bonus of 5% in Canada; annual performance-based cash incentive awards in US
Hybrid working model – balance of in‑person collaboration and remote work
Generous pension scheme
Private healthcare and generous parental leave benefits
Career development and digital learning programs; international career mobility opportunities
Support for flexible working, health and wellbeing; assistance to return from career breaks
Sustainable and inclusive workplace culture
Background check is required (criminal history, financial history)

External applicants must be legally authorized to work in the United States or Canada without the need for current or future employment‑based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time.

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