Accountancy & Audit Jobs

A leading international Insurance Manager is seeking a suitable candidate for an Account Executive position in Bermuda. The successful applicant will be responsible for the management of client insurance programs around the world.

Preferred candidates will meet as much as possible of the following requirements:
• University degree and a recognized professional accounting qualification (ACA, CA, CPA or similar)
• A minimum of two years of professional post qualification experience
• Strong knowledge of IFRS/GAAP
• Prior experience with insurance/investment accounting standards preferred
• Knowledge of ILS structures would be an asset
• Candidates with prior experience/knowledge of the Bermuda/international insurance market would have an advantage
• Strong written and verbal English communication skills.

This is a FT/staff-based role in Bermuda. Compensation offered is competitive and commensurate with the responsibilities of this position. Salaries in Bermuda are paid in USD equivalent with maximum payroll tax deduction of 5.25%.

Please send application to frank@bermuda4u.com

This will be an excellent opportunity for a qualified Accountant with reinsurance industry experience to join our client’s office in Bermuda.

The successful candidate will join a team of professionals responsible for providing accounting services related to reinsurance transactions. We are seeking as much as possible of the following in a preferred applicant:

- Completed CA, ACCA or CPA designation
- 2+ years of PQE in a similar role within the reinsurance industry
- Advanced Genius experience, including interface level experience, contract entry and monthly close processes
- Technical knowledge of reinsurance treaties and terminology
- Working knowledge of US GAAP

Primary duties may include:
- Account for reinsurance capital market products
- Quality review of premium & claims bookings before releasing to accounting system
- Processing pro rata reinsurance bordereau
- Assist cash processing team with allocations and amendments
- Assist with monitoring and controlling reinsurance balances due to the company
- Perform monthly closing procedures for the reinsurance accounting system, including reconciliations and analyses
- Develop reinsurance system reports required for monitoring underwriting results
- Reconcile collateral position on a monthly basis
- Assist with the preparation of group reporting consolidation package and GAAP financial statements as it relates to reinsurance balances
- Assist with the year-end financial statements audit process as it relates to reinsurance balances

Please send application to frank@bermuda4u.com

Our client, a leading Bermuda-based Information Technology company, require an experienced financial controller. The successful candidate will take responsibility for accurate and timely preparation of all financial, statutory, and management accounts, and improve financial processes and procedures.

Job Description:

Duties include:

• Preparation of monthly management accounts (P&L, balance sheet, cash flow forecasts)
• Assisting the Financial Director with preparation of the annual budget
• Balance sheet reconciliations, maintenance of fixed asset register and associated schedules
• Credit control and debt collection
• Cash management and forecasting
• Preparation of annual accounts and arranging and overseeing the annual audit
• Managing and training a small accounting team

Requirements:

• A professional accounting qualification (CA, ACA)
• A minimum of 2 years’ experience in a similar role
• Experience of US GAAP and SEC compliance
• Knowledge of accounting software and Microsoft Office

Send application to: jobs@bermuda4u.com

As an audit senior for a Big 4 firm you will be assigned to the audits of primarily financial services firms operating within Bermuda focused on Insurance and Investments. Key attributes for the role include:-

• Ability to communicate effectively with the client and develop a working relationship.
• An ability to work within a team and to communicate effectively with the team.
• An understanding of the accounting and disclosure issues associated with each client.
• A consciousness of deadlines and effective communication of potential issues to the client and senior management.

Requirements:

• An international accounting designation (ACA, CPA, CA or ACCA or equivalent).
• Prior audit experience is highly advantageous.
• Financial services experience, specifically in insurance and/or investments is also an advantage.
• IT proficiency with audit software and major applications such as Microsoft Office.
• Knowledge of UK/US/Canadian GAAP and IFRS.

Send application to: jobs@bermuda4u.com

Our clients are providers of administration services for funds and hedge funds domiciled in Bermuda. The successful candidate will:-

• Prepare the valuation of their assigned funds on a weekly/monthly basis as applicable.
• Be responsible for accounting and reconciling their funds for review by senior management.
• Will be the main contact for auditors and regulatory authorities in relation to the funds and liaise accordingly.
• Be able to work in a team environment and communicate effectively.
• Must be extremely deadline conscious and have a flexible approach to working hours to ensure assigned tasks are completed to deadline.

Requirements:

• An accounting designation is preferred (ACA, ACCA, CPA or equivalent) OR an appropriate level of experience in fund/hedge fund accounting.
• Experience of working in a deadline orientated environment.
• Above average communication skills and experience of working in a team environment is advantageous.
• Proficiency with Microsoft Office applications and with accounting software packages.

Send application to: jobs@bermuda4u.com

An international investment management company with an office in Bermuda is looking to recruit an experienced Management Accountant. The successful applicant will reporting to the Financial Controller and will be primarily responsible for the monthly management accounts, and assisting with budgeting and forecasting.

Job Description:

Duties include:

• Preparation of timely and accurate monthly management accounts
• Assisting with budgets and forecasts
• Reporting monthly performance against budgets
• Monthly reporting of KPIs, interpretation, and analysis

Requirements:

• Professional accounting qualification (e.g. ACCA, CA, CPA, CIMA)
• Demonstrable experience in the delivery of management accounts
• Good communication skills, and attention to detail
• Computer literate

Send application to: jobs@bermuda4u.com

Our client is seeking to source account executives for its expanding captive management operations in Bermuda. The successful candidate will be assigned several captive insurance companies across a variety of industries. The successful candidate will be expected to perform the accounting duties for these companies including (but not restricted to):-

• Preparing management financial statements to deadline (monthly/quarterly).
• Prepare annual GAAP audited financial statements.
• Liaise with auditors and regulatory authorities as appropriate.
• Perform and account for the accounting transactions required for each company.
• Communicate effectively with client staff.
• Prepare additional financial reports and engage in project work as requested by clients/senior management.

Requirements:

• An internationally recognized accounting qualification (ACA, ACCA, CPA or equivalent).
• Prior experience of insurance/reinsurance and/or risk management is preferred.
• Sound accounting technical knowledge and familiarity with the requirements of UK/US/Canadian GAAP and IFRS.
• Effective communication skills both written and verbal.
• Proficiency with IT applications and specifically Microsoft Office.

Send application to: jobs@bermuda4u.com

Job Description:

The candidate will be required to manage, on a day-to-day basis, a portfolio of captive insurance companies. Key duties include:-

• Preparation of management financial statements on a monthly/quarterly/annual basis.
• Preparation of GAAP audited financial statements as required.
• Liaison with regulatory authorities and auditors as required.
• Possible attendance at board meetings of the parent companies of the captive insurance companies.
• An ability to work effectively in a team structure.

Requirements:

• A professional accounting designation (ie ACA, ACCA, CPA or equivalent).
• Prior experience of insurance, risk management or captive insurance would be an advantage.
• A high level of self-motivation.
• A familiarity with US, UK and IFRS GAAP would also be an advantage.
• Proven IT skills and experience of Microsoft Applications.

Send Application to: jobs@bermuda4u.com

Job Description:

The company provides qualified accountancy personnel to many and varied companies in the Bermuda market who require accountancy services for specified periods. Therefore key attributes for this role include:-

• Flexibility and an enjoyment of different challenges.
• An ability to deal with and indeed enjoy an ever changing work environment.
• A flexible approach to work hours and locations.
• The candidate must be a self-starter and have the ability to organize themselves effectively.
• The candidate must also have the ability to liaise with staff of all levels.
• Also the candidate must be able to market the company’s services effectively to existing and new clients.

Requirements:

• Preferably a business based degree and/or equivalent experience.
• A professional accounting designation.
• Excellent verbal and written communication skills.
• Proven proficiency with accounting and the major Microsoft applications.

Send application to: jobs@bermuda4u.com

Job Description:

Our client is seeking managers for their financial services Audit & Advisory Practices in Bermuda. The role will require the management of teams of audit staff to complete audits on insurance and/or investment clients to deadline. The successful candidate must be able to report effectively to partners and display an appropriate level of accounting expertise.

Requirements:

• An internationally recognized accounting designation (ACA, CPA, ACCA or equivalent).
• 1-5 years experience in an audit supervisory role.
• Financial services experience and specifically insurance and investments.
• Proven ability to present at partner and board level.
• Knowledge of UK/US/Canadian GAAP and IFRS.
• An understanding of the requirements of the Sarbanes-Oxley Act.
• The successful candidate must have a flexible attitude to working hours and travel.
• Familiarity with audit software and the Microsoft Office Suite.

Send application to: jobs@bermuda4u.com