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FINANCE ANALYST - SENIOR

Remote: 
Full Remote
Contract: 
Full time
Experience: 
Mid-level (2-5 years)
Work from: 
Philippines

Offer summary

Qualifications:

Bachelor’s degree in Accounting, Business Administration, Finance or similar field, Strong analytical skills, attention to detail, and understanding of financial systems.

Key responsabilities:

  • Handle cash application and reconciliation
  • Review and validate insurance policies and claims
  • Prepare financial reports including bordereaux and journal entries
  • Collaborate with teams for monthly and quarterly financial goals
Arch Global Services (Philippines) Inc. logo
Arch Global Services (Philippines) Inc. Large https://www.archcapgroup.com/
1001 - 5000 Employees
About Arch Global Services (Philippines) Inc.
Arch Global Services offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company. Arch Global Services (Philippines) Inc. (AGSI) is a subsidiary company of Arch Capital Group Ltd. (ACGL). ACGL is a Bermuda-based company that provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. AGSI is a Philippine based company with headquarters in Manila and a satellite office in Cebu. AGSI provides support to subsidiaries of Arch Capital Group Ltd. in areas of Information Technology, Finance, Actuary, Claims processing, BPO services etc. WHAT CAN YOU EXPECT FROM OUR COMPANY? • A values driven culture where you are given the chance to build a career while doing something you love • A great chance to work with the industry's finest professionals. • Performance recognition and opportunities for training and development • Be a part of a growing company with a focus on customer support and excellence in execution
See more Arch Global Services (Philippines) Inc. offers

Job description

Company Description

The finance analyst is responsible for collection, organization, interpretation, analysis, recording, documentation and dissemination of financial information. The candidate will process and reconcile finance related transactions with a strong focus on accuracy, timeliness, customer service and the ability to work in a fast-paced environment. The candidate will provide support during night shift corresponding to Bermuda working hours and be part of the Finance team.

Job Description

The finance analyst will be responsible on the following business activities:

Cash application

  • Recording cash payments in Accounts Receivable system
  • Applying cash to open receivable transactions.
  • Conduct research and resolve discrepancies with errant payments.
  • Communicate with internal and external customers to obtain support for proper direction of incoming payments.
  • Reconcile processed work by verifying entries and comparing system reports to balances
  • Review and analyze reports.
  • Prepare cession statements and process payments.

Underwriting

  • Reviews and validates the insurance policy for its accuracy and correctness in the underwriting system
  • Ability to settle any issues and recommend solutions
  • To work closely with the underwriting team in the completion of monthly closes

Claims

  • Will assist in the review of claims and validate supporting documents
  • Will perform monthly/quarterly analysis
  • To work closely with the underwriting team in the completion of monthly close

BDX reporting

  • Prepares and draft bordereaux reporting for review

Financial Reporting

  • Prepares and draft bordereaux reporting for review
  • Assist with journal entries
  • Assist in the preparation of Insurance Premium Tax filling
  • Implement GAAP standards and Sarbanes-Oxley (SOX) audit requirements
  • Provide customer service to internal and external customers
  • Assist with various projects that entail analysis and reconciliation
  • Assist in the quarterly management reports (preparation, review and analysis of reports)
  • Meet various deliverables for monthly and quarterly financial close
  • Collaborate with both onshore and offshore teams to meet departmental goals

Qualifications
  • Excellent communication and interpersonal skills
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
  • In-depth knowledge of and experience with reporting packages and financial systems
  • Insurance experience is desired but not a mandatory requirement
  • Basic understanding of project management concepts and understanding of insurance terminology preferred
  • Strong financial and analytical skills
  • Great Plains general ledger knowledge

Additional Information
  • Bachelor’s degree in Accounting, Business Administration, Finance (or equivalent discipline)
  • Obtained or in the pursuit of a recognized accounting/auditing qualification (CPA)

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Hard Skills

Basic Accounting PrinciplesProject CollaborationProject ManagementFinancial AnalysisMillennium SoftwareInsurance Law

Other Skills

  • Verbal Communication Skills
  • Problem Reporting
  • Analytical Skills
  • Microsoft Excel
  • Detail Oriented
  • Customer Service
Are you interested?

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