job description
Join COCOGEN as an Accounting Associate specializing in insurance and reinsurance accounting in the vibrant heart of Bali, Indonesia. This is a unique opportunity to contribute to a dynamic financial team while enjoying the work-life balance of one of the world’s most sought-after destinations.
In this role, you will play a pivotal part in managing insurance accounting processes, ensuring accurate and timely reinsurance reporting, and enhancing financial records to drive operational efficiency. Your expertise will directly impact the company’s General, Property & Casualty (GPW), Cession, and Loss records, while collaborating with cross-functional teams to meet Peer Review Turnaround Time (TAT) targets.
We are looking for a detail-oriented professional with a passion for financial accuracy and a proactive approach to process improvement. If you thrive in a structured yet innovative environment and are eager to grow your career in international accounting standards, this role is for you.
Responsibility
- Manage and reconcile insurance accounting transactions, ensuring compliance with GAAP and IFRS standards.
- Prepare and submit reinsurance reports accurately and within strict deadlines.
- Maintain and enhance GPW, Cession, and Loss records to support financial audits and reviews.
- Collaborate with underwriting and claims teams to verify data integrity and resolve discrepancies.
- Develop and implement process improvements to streamline reporting and reduce turnaround time (TAT).
- Assist in month-end and year-end closing activities, including journal entries and account reconciliations.
- Support internal and external audits by providing documentation and clarifications as needed.
- Stay updated on industry regulations and best practices in insurance accounting.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification is a plus.
- Minimum 2 years of experience in insurance or reinsurance accounting.
- Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Microsoft Excel (pivot tables, VLOOKUP).
- Strong understanding of GAAP, IFRS, and Solvency II frameworks.
- Excellent analytical, problem-solving, and attention-to-detail skills.
- Ability to work independently and meet tight deadlines in a fast-paced environment.
- Fluent in English (written and verbal); knowledge of Indonesian (Bahasa) is a plus.
- Experience with financial reporting tools (e.g., Power BI, Tableau) is advantageous.