Fortitude Re is hiring a
Senior Associate

Summary

Join our team at Fortitude Reinsurance Company Ltd. as a Senior Associate, Accounting Operations and contribute to the company's mission of providing legacy reinsurance solutions. As a key member of the accounting operations team, you will be responsible for financial transactions related to monthly accounting operations, ensuring accuracy and timeliness. With a strong background in accounting or finance, you will have the opportunity to work with a talented team and make a meaningful impact on the company's success.

Requirements

• University degree in Accounting or Finance
• Internationally recognized accounting designation (CPA, CA) is preferred
• A Minimum of 2 years of relevant post-qualification experience within re/insurance is preferred

Responsibilities

• Ensure all transactions are accurately recorded and processed in a timely manner
• Address and resolve discrepancies or issues related to financial transactions
• Maintain the general ledger, ensuring all financial transactions are recorded accurately and promptly
• Assist in the preparation and posting of journal entries, including month-end and year-end closing entries
• Conduct regular reviews and reconciliations of general ledger accounts to ensure accuracy and completeness
• Perform detailed account reconciliations for various balance sheet accounts, including bank reconciliations
• Investigate and resolve discrepancies identified during reconciliations
• Ensure reconciliations are completed in accordance with established timelines and procedures
• Assist in the preparation of financial reports, including monthly, quarterly, and annual financial statements
• Support the preparation of management reports and analysis to aid in decision-making
• Ensure compliance with internal controls, accounting policies, and regulatory requirements
• Identify opportunities for process improvements within accounting operations to enhance efficiency and accuracy
• Assist in the implementation of new accounting systems, processes, and procedures
• Collaborate with cross-functional teams to streamline workflows and improve operational effectiveness
• Ensure adherence to internal controls and compliance with accounting standards and regulations
• Assist in the preparation of documentation and schedules for internal and external audits
• Support the implementation of audit recommendations and address any findings
• Work closely with other members of the accounting team to ensure coordinated and efficient operations
• Provide guidance and support to junior team members as needed
• Participate in team meetings and contribute to the continuous improvement of accounting operations
• Participate in special projects and initiatives as assigned by the Accounting Operations Manager or Director
• Provide support for ad hoc financial analyses and reporting as required

Benefits

• Unlimited PTO policy
• Up to 12 paid company holidays
• Up to 16 hours per year of paid volunteer time
• Competitive 401(k) plan - US Employees Only
• Paid parental leave
• Learning and Development Stipend
• Mental Health and Wellbeing support
• Health, vision, dental, and life insurance with additional access to health and wellness programs
• Flexible working environment