Munich Re is a leading insurance and technology services provider focused on innovation and client solutions. The Accounting Analyst will manage accounts receivable, provide administrative support for accounts payable, and generate financial reports while ensuring compliance with policies and procedures.

Responsibilities

• Manage the cash collection of a group of brokers and client companies
• Monitor and record receipts from brokers and client companies, ensure any cash application issues / challenges are escalated to permit quick resolution
• Coordinate with internal and external teams to address any account discrepancies
• Build positive working relationships with clients and effectively respond to request and suggestions
• Generate monthly aging reports and manage distribution thereof
• Prepare monthly and quarterly account reconciliations
• Review purchase documentation for completeness and compliance with policies and procedures, process invoices for appropriate vendors, suppliers and other external parties
• Monitor account statements and liaise with business units and vendors to address inquiries and resolve account discrepancies
• Match purchase orders with supplier invoices, verify pricing and quantities against receiving information
• Prepare monthly accruals and other journal entries and perform account reconciliations and financial analysis for AP and other applicable accounts

Skills

• Recent accounting graduates are encouraged to apply
• 1-3 years of previous Accounts Payable or Account Receivable experience is an asset
• Proficiency in Microsoft Office (Excel, Power BI, Word, PowerPoint)
• Strong written and verbal communication skills
• Provide outstanding client service and a commitment to teamwork
• Well-organized with a proven ability to work independently, escalate issues when appropriate and proactively identify issues which may cause processing delays
• Ability to deal with individuals at all levels in an organization with professionalism and efficiency and using verbal and written communication appropriate for critical and time-sensitive issues

Benefits

• An engaging and collaborative environment that promotes continuous learning and development
• A hybrid work environment that combines weekly in-office and remote days
• A great compensation package including an annual company bonus
• Competitive company-paid flexible health and dental benefits, starting on your first day
• Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
• Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
• Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
• Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
• Employee Referral Program and Recognition Program

Company Overview