Financial Reporting Analyst

**Job Summary**
- Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.Reporting to Financial Controller, the Financial Reporting Analyst will be mainly responsible for analyzing IFRS 17 functions related to insurance framework, dealing with actuarial teams to provide accounting and technical practice focusing on reporting area, designing financial closing reporting processes as well as delivering other ad-hoc task when required.**Job Accountabilities**
- As Financial Reporting Analyst, your role will involve:
- Independently collate and analyze data using pre-determined financial modeling and accounting tools, methods and formats and make recommendations to support the department's decision-making process.
- Analyze the accounting methodology prescribed in IFRS 17 and evaluate its impact on the financial statements.
- Design financial closing reporting processes and relevant reporting controls under IFRS 17.
- Act as account manager and analyze account information to identify and reconcile discrepancies and/or complete research on financial data to be included in management reports.
- Ensure understanding of other financial and regulatory reporting standards as they relate to Insurance.
- Review and interpret information from multiple financial data sources and advise internal team of appropriate action to fulfill procedural, regulatory and local & global statutory requirements.
- Provides strong technical and operational support to internal business groups.
- Undertake investigations and inspections of financial data, processes, and practices in accordance with established procedure and local & international standards to identify potential or actual compliance issues and recommend appropriate action.
- Collaborate with the team to ensure that accounting processes and procedures are followed and completed to support and reinforce key business objectives.
- Provide support for various types of general and/or sub-ledger transactions relevant for Group reporting as well and local Globally Accepted Accounting Principles reporting.
- Perform close related ledger tasks, e.g. accruals, provisions, journals postings.
- Prepare accounts reconciliations on timely basis in accordance with Group internal control guidelines.
- Maintain one or more ledger categories/chart of accounts as a regular part of daily work.
- Perform and update SOX controls in line with Group internal guidelines.
- Perform ad hoc tasks as and when required

**Job Qualifications**
- To be successful in this role, you will need:
- 2 or more years of experience in a finance role in the financial service sector
- Qualified or part qualified actuary
- Proven capabilities in delivering business transformation projects and programs, Finance Transformation projects and / or Financial Operating Model would be an advantage.
- Good understanding of IFRS 17 requirements, economic or market issues and the ability to interpret their impact.
- Highly numerate
- Strong communications skills and evident working with people and teams from different ethnic backgrounds.
- Strong presentation skills and proficiency in the use of PowerPoint, Word and Excel
- Excellent communication skills, including the ability to explain technical issues to non-experts.
- Experience of dealing with actuarial teams

**Why Zurich**

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great

Join us as we constantly explore new ways to protect our customers and the planet.
- Location(s): AE - Dubai
- Remote working: No
- Schedule: Full Time
- Recruiter name: Leigh Jeremy Jaye Santander