Position Summary:
We are seeking a skilled Transactional Accountant to join the Central Transactional Accounting team within the Finance Services division of the Finance Factory. This role is responsible for managing a defined scope of accounts, ensuring the excellence of accounting operations — including posting in Accounting Systems, process automation, and continuous enhancement.
The successful candidate will organize and steer day-to-day accounting activities, maintain robust internal controls and procedures, monitor performance, and actively contribute to the digital transformation of accounting processes through AI-enabled tools and automation.
Key Result Areas:
Accounting Postings & Bookings:
- Record operations and transactions in Accounting Systems in accordance with group internal and regulatory requirements and deadlines, under local GAAP, IFRS, tax, and legal requirements.
- Ensure operations and transactions from Feeder Systems are accurately recorded in Accounting Systems by investigating and resolving any discrepancies or issues.
- Clear all open item transactions in Balance Sheet Accounts on a timely basis.
- Justify and document all open items resulting in open balances.
- Perform and document bank reconciliations.
- Review accounting journals for monthly close, identifying and resolving booking discrepancies.
- Support external audits and ensure timely closure of related findings.
AI Readiness & Process Automation:
- Leverage AI-powered tools and automation solutions (e.g., robotic process automation, intelligent document processing) to streamline transactional accounting workflows.
- Identify opportunities to apply AI and data analytics to improve accuracy, reduce manual effort, and enhance reporting quality.
- Collaborate with IT and digital transformation teams to pilot and implement AI-driven accounting solutions.
- Stay current with emerging technologies, AI trends, and best practices in finance automation.
- Contribute to the development of automated reconciliation, anomaly detection, and predictive analytics capabilities within the accounting function.
Experience Requirements:
- Total Experience: 5 to 8 years of progressive experience in Accounting and Finance functions.
- Relevant Experience: Hands-on experience in Transactional Accounting, General Accounting, Accounts Payable (AP), Account Reconciliations, and Month-End Closing activities.
- Team Management: Individual Contributor (IC) role with no direct people management responsibilities.
- Preferred Industry: Experience within the Insurance industry, Shared Services, Global Business Services (GBS), or Finance Factory environment will be an added advantage.
Academic & Professional Qualifications
- Education: Master's Degree in Accounting, Finance, Commerce, Business Administration, or a related discipline.
- Preferred Academic Background: Strong educational foundation in Accounting, Finance, Economics, or a related field.
- Professional Certifications: ACCA, CPA, CMA, CA, or equivalent professional accounting qualifications are preferred but not mandatory.
- Additional Advantage: Exposure to IFRS, local GAAP, and financial reporting standards through academic studies or professional experience will be beneficial.
Key Skills & Competencies:
Technical Skills
- Strong accounting proficiency under local GAAP, IFRS, and tax regulations.
- SAP knowledge preferred; proficiency in SAP modules relevant to transactional accounting.
- Advanced Microsoft Excel skills (pivot tables, VLOOKUP, macros, data analysis).
- Familiarity with Solvency II Regulation.
- Exposure to or willingness to learn AI-enabled finance tools (e.g., RPA, intelligent automation platforms, data visualization tools).
- Ability to consolidate large volumes of data into structured and simplified outputs.
Soft Skills & Behavioral Competencies
- Strong analytical and problem-solving mindset with a results-oriented attitude.
- Good understanding of accounting principles and local regulatory requirements.
- Excellent written and verbal communication skills in English (mandatory).
- High networking skills — ability to liaise effectively with members of other functions and across organizational levels.
- Openness and flexibility to address challenges from various perspectives.
- Ability to work effectively in a remote work environment and across global, multicultural teams.
- Strong organizational skills including attention to detail and the ability to prioritize and multitask.
- Customer service orientation — experience in customer service is welcome.
- Capacity to learn, take initiative, and drive innovation in technology and practices.
AI Readiness Competencies:
- Digital Curiosity: Willingness to explore and adopt AI tools, automation platforms, and emerging technologies in finance.
- Data Literacy: Ability to interpret data outputs from AI/ML models and translate insights into actionable accounting decisions.
- Change Agility: Comfort with evolving processes and the ability to adapt workflows as AI-driven solutions are introduced.
- Collaboration with Technology Teams: Ability to articulate accounting requirements to IT/digital teams and participate in AI solution design and testing.
- Continuous Learning: Commitment to upskilling in AI, automation, and digital finance through available training and certifications.
Language Requirements
- English: Mandatory (written and verbal fluency)
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.