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Financial Accountant

  • Location:

    Bermuda Run

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    US$110000 - US$130000 per annum

  • Contact:

    Stephanie Hidalgo

  • Contact email:

    Stephanie.Hidalgo@oliverjames.com

  • Job ref:

    JOB-062025-280771_1749587050

  • Published:

    1 giorni fa

  • Expiry date:

    2025-07-10

Financial Accountant - Bermuda Class 3 Re/Insurer

A Bermuda-based Class 3 re/insurance company is seeking a dynamic, self-motivated professional to join the finance team as a Financial Accountant. This role will be responsible for supporting the company's accounting, financial reporting, and regulatory compliance functions.

Key Responsibilities:

  • Assist in the preparation of quarterly management accounts in accordance with US GAAP, including variance analysis against budget, forecast, and prior periods.
  • Support the preparation of annual audited financial statements under US GAAP.
  • Perform core accounting functions such as cash management, accounts payable, general ledger maintenance, and period-end journal entries and reconciliations.
  • Assist in the preparation of the annual budget and periodic forecasts, including financial modeling in collaboration with risk and capital teams.
  • Help prepare annual Bermuda regulatory filings and ensure compliance with local insurance laws and regulations.
  • Ensure proper application of accounting policies and procedures and the accuracy of underwriting-related transactions.
  • Contribute to the development and documentation of internal controls and financial reporting processes.
  • Support finance system enhancements and automation efforts with a focus on data accuracy and process integrity.
  • Liaise with external auditors, regulators, and third-party service providers.
  • Assist in preparing internal presentations, including board materials and regulatory submissions.
  • Collaborate closely with the Bermuda-based CFO, affiliated companies, and service providers on various finance-related deliverables.
  • Perform other duties and ad hoc projects as assigned.

Qualifications & Experience:

  • Professional accounting qualification (CPA, CA, ACCA, or equivalent) is required.
  • Minimum 2 years of post-qualified experience in re/insurance or in audit with a focus on re/insurance clients.
  • Strong understanding of US GAAP and familiarity with Bermuda regulatory frameworks.
  • Working knowledge of insurance and investment accounting principles.
  • Advanced Excel skills and experience working with large or complex datasets.
  • Excellent analytical, communication, and interpersonal skills.
  • Demonstrated ability to contribute to process improvements and system implementations.
  • Comfortable working in a fast-paced, evolving environment with changing priorities.
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