Published on
10Aug17
EMEA
Paris
France

Senior Controller – Central Accounting and controls

Job offer
Finance & Accounting
Group

The Senior Controller will be responsible for the management and supervision of central group cost recharges and support on all other department activities on an as needed basis.

About SCOR

SCOR is the 4th largest Reinsurance Company worldwide, following a profit-driven underwriting policy and practising selectively across all branches of reinsurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.

The Group’s strategy is based on a development model driven by three entities: SCOR Global P&C (Property and Casualty reinsurance), SCOR Global Life (Life reinsurance), and SCOR Global Investments (asset management)

About the team

SCOR created a new department Central Accounting and Controls. In the beginning it will consist of 3 people including the Central Accounting & Controls Officer. This department covers the following activities: 

 

Central Accounting

  • Management and supervision of central group recharges
  • Central owner of the Group Chart of Accounts
  • Monitoring of the investment accounting outsourcing partner
  • Contribution to Group Finance Projects

 

Internal Controls enhancement and monitoring

  • Ensure that operational controls for multi GAAP reporting (IFRS, Local Statutory, SII, etc) are properly documented and implemented consistently across the HUBs
  • Manage the regular process to update the ICS documentation for Group Finance processes
  • Monitor GIA recommendations and support their timely implementation

 

Key duties and responsibilities

The Senior Controller will be responsible for the management and supervision of central group cost recharges, e.g. regarding group, divisional, regional and bilateral services, FX/investment results and IT cost recharges. In an international group like SCOR with many locations worldwide these recharging mechanisms are extensive and important. They need to comply with regulatory and tax rules in different countries.

The process to determine compliant recharge amounts (quarterly accruals and yearly true-up) is complex and involves frequent interactions with many departments in different locations worldwide as well as with divisional and central functions. The documentation of all recharges needs to comply with relevant regulation and tax rules.

You will also support the Central Accounting & Controls Officer in all other department tasks on an as needed basis.

The responsibilities of this position can evolve according to the Group’s requirements. 

Required experience and Education

Essential

  • Minimum four years of working in a financial reporting team of a publicly traded company or Big 4 audit company
  • Good understanding of financial accounting and reporting processes, if possible with specific experience in group recharging processes
  • Expert user in Microsoft Excel
  • Professional use of Microsoft PowerPoint
  • Team player, collaborative spirit
  • Excellent French and English

 

Desirable

  • Proven work experience within insurance industry
  • Proven work experience with group recharging mechanisms

 

Personal Competencies

  • Project management experience
  • Good communication skills
  • Conscientious, curious and enthusiastic
  • Well organised, efficient and autonomous
  • Analytical and thorough
  • Able to identify and summarise the main issues in a clear, unambiguous and simple language
  • Ability to communicate and forge constructive relations across the various entities of the Group
  • Flexible and reactive in order to respond to a constantly evolving environment.
  • BAC +5 in finance
  • At least four years in reporting department of publicly traded company or Big 4 audit firm 

Start date

10/08/2017

Duration