Head of Technical Accounting

At our brand-new Shared Business Platform (SBP) in Bucharest, we offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional development. We value work–life balance, offering flexible work arrangements, and wellbeing initiatives that help you thrive both personally and professionally.

Now, let's explore this exciting opportunity so that you can be part of our mission.

• Lead and manage teams delivering technical accounting and administrative services across the shared platform
• Ensure that day-to-day operations run smoothly and within agreed service levels with regional TA&A hubs: E.g.
  • Enter risk and policy data into the Underwriting system(s) within the defined Service Level Agreements
  • Undertake peer-to-peer quality assurance checks within the defined Service Level Agreements
  • Ensure all risk and policy queries are communicated through the appropriate channels and responded to in a timely manner 
  • Ensure team is processing statement of accounts within the defined Service Level Agreements and escalating any issues through the appropriate channels
  • Accurate oversight of credit control process, ensuring aged debt and excess cash queries are dealt with in a timely manner
• Strategic Planning: Develop and implement the accounting department's goals, objectives, and strategies for the region in alignment with the overall company and Chief Officer TA&A vision
• Financial Reporting: Ensure accurate and timely financial reporting for the region 
• Risk Management: Assess and mitigate risks within the region, including reviewing and implementing appropriate internal controls and procedures
• Compliance and Governance: Ensure compliance with standards, and internal policies 
• Team Management: Supervise and provide guidance to local managers in the region, fostering a collaborative and high-performance culture. Conduct regular performance evaluations, provide feedback, and identify training needs
• Audit and Compliance Reviews: Support internal and external audits, ensuring compliance with audit requirements and addressing any findings or recommendations 
• Performance Analysis: Analyse performance, key metrics, and trends within the region, providing insights and recommendations to improve processes and operational efficiency
• Establish and maintain a strong network within the Region and the group and exchange and apply "best practice" methods 
• Manage and mentor staff and develop a strong technical accounting & administration team with focus on building up a solid talent pipeline 
• Monitor carefully costs and budget of the department

Experience: 

• At least 8 years in the financial services industry, preferably in reinsurance and / or insurance
• At least 5 years of managing large teams with diverse cultural, language, and professional backgrounds
• Experience in P&C technical reinsurance and accounting & administration
• Interpersonal, intercultural, and interdisciplinary communication and coordination skills 
• Project management skills and experience
• Leadership
• Persistent, exact, structured, and reliable working method
• Act independently and autonomously
• Global thinking

Personal Competences:

• Technical expertise: The candidate should have a good understanding of GAAP, accounting regulations, as well as experience with complex reinsurance accounting issues and transactions
• Organizational skills: The candidate should have strong organizational skills and be able to manage their team and workload effectively
• Communication skills: The candidate should have excellent communication skills, both verbal and written, and be able to effectively communicate accounting concepts and ideas to team members and stakeholders
• Diligence: The candidate should have an elevated level of diligence and be able to accurately review financial statements and reports to ensure their accuracy and compliance
• Global thinking

Managerial competences (if applicable):

• Leadership: As the head of the regional team, the candidate should have strong leadership skills and be able to motivate and guide their team towards achieving their goals
• Critical thinking skills: The candidate should have strong critical thinking skills and be able to identify and address accounting issues and challenges as they arise
• People skills: The candidate should have strong people skills and be able to work effectively with team members and stakeholders at all levels of the organization

Required Education 

• Bachelor / completed commercial apprenticeship (ideally in re-/insurance company) or equivalent Financial and / or accounting education