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Our client provides customized reinsurance business solutions, including quota share reinsurance and excess of loss reinsurance to the property and casualty industry through US and Bermuda subsidiaries. Maiden is currently seeking a Financial Accountant. The successful candidate will be primarily involved in the financial reporting and accounting relating to specific divisions and subsidiaries. He/she will be part of a team responsible for financial reporting for the Group. Key Responsibilities: Assisting in the preparation and analysis of the monthly, quarterly and annual Financial Statements and SEC Reporting Assisting in the Reinsurance, Investment and Financial Accounting Maintaining accounts and preparing reconciliations and workpapers Maintaining good internal control procedures and ensure compliance with Sarbanes Oxley regulations Supporting the cash management and treasury process Liaising with internal and external Auditors Minimum Qualifications, Skills, & Experience: Professional accounting designation (i.e. CA/CPA/ACA) Solid current knowledge of SEC and US GAAP requirements as it applies to Reinsurance and Investments A minimum of 2 years post qualification experience, including some experience in reinsurance accounting Prior experience with Bloomberg or IDC would be a definite asset Must be able to work overtime as required at peak periods Demonstrated ability to work under pressure and meet tight deadlines Excellent computer skills with proficiency in Microsoft Office Suite Excellent oral and written communication, time management and analytical skills Assist in the production of ad-hoc reports and projects as required
Salary: Highly Competitive tax free package
Our client is a subsidiary of one of the largest multi-line insurers in the property/casualty field and is seeking Qualified Accountants to undertake the administration of portfolios of insurance and reinsurance companies, including captives. This is a highly responsible position requiring a strategic thinker and highly motivated individual. Specific job functions include: Day to day administration of a portfolio of insurance and captive management accounts; Providing accounting services; Liaising with clients, attorneys, accountants and portfolio managers. The ideal candidate must possess: A recognized professional accounting designation preferably with experience as an accountant or auditor for captive insurance companies; Self-motivation with strong interpersonal and organizational skills; A high degree of computer literacy-proficiency in Excel, Word and generic accounting software; Ability to meet deadlines and work under pressure; Ability to clearly communicate verbally and in writing. Our client will offer a competitive remuneration package tailored to the successful candidates qualifications and experience.
Salary: Competitive Tax Free package
Our client is seeking a highly motivated individual to become part, of its fast-growing, IT Advisory Services business line. Delivering business improvement services and IT advice to our existing client portfolio, plus recognizing opportunities to grow the department will be integral parts of this challenging and diverse role. Focused on the insurance, reinsurance, banking and asset management sectors we provide the full range of in the assurance or advisory in nature, In addition to assurance-related engagements such as financial attestation and SAS 70 engagements, our IT risk advisory services focus on IT governance and effectiveness; IT program management and assurance; security and controls of Enterprise Resource Planning (ERP) implementations; and business intelligence and information analysis. Responsibilities: Coordinate, plan and deliver IT audit procedures and work with the team and the client to perform risk assessments, design innovative audit approaches, plan engagement objectives, manage the execution of field work and draft and deliver audit reports while complying with professional standards and addressing the risks inherent in the engagement. Generate new business opportunities by participating in market facing activities and developing thought leadership materials. Demonstrate excellent project management skills, inspire teamwork and responsibility with engagement team members, and use current technology and tools to enhance the effectiveness of deliverables and services. To qualify, candidates must have: A bachelors degree in accounting, finance, business, computer science, information systems, engineering, or other related field. A professional designation, such as a CA, CPA, ACA, CISA, CISSP, or equivalent. A minimum of five (5) years of experience working as an IT auditor or IT risk adviser for a public accounting firm, a professional services firm or within industry; previous managerial experience strongly preferred. Strong analytical, interpersonal and communication skills. A dedication to teamwork and leadership. Integrity within a professional environment
Salary: Competitive Tax free package
Our client is seeking a qualified Senior Corporate Accountant to provide local and group management with accurate and timely accounting information and to maintain and develop accounting systems and procedures to ensure adequate accounting and control for various accounting functions and reports. Major responsibilities: Production of monthly, quarterly and annual financial reporting for management including trend and variance analyses, commentaries and profitability reports for customer groups, products and divisions. Participating in formulating income and expense budgets and forecasts. Consolidating and summarising profit and loss and capital expenditure budgets. Production of external regulatory reports and consolidation reports in line with very tight deadlines. Providing business decision support and providing value added analysis to business partners. Developing clear and informative methods of presenting financial data and undertaking special projects and studies of a financial nature. Supervising, developing and/or training staff and business partners when required. Minimum qualifications: Bachelor's degree and an internationally recognised accounting qualification (e.g. CA). CFA designation or graduate degree would be an advantage. Four to eight years post qualification experience including two years audit experience. Minimum three years financial services industry experience with banking experience preferred. Advanced knowledge in Excel spreadsheet development, accounting controls, budgeting, financial analysis and consolidations. Demonstrated experience in the application of the following topics within the financial services industry: investment and fee accounting, cost/benefit analysis, reconciliation's, interest analysis, financial controls. Demonstrated knowledge in the application of BSI reporting including Basel 2 and the application of International Financial Reporting.
Salary: Competitive tax free package plus banking benefits
Our client (a major banking institution in Bermuda) has a challenging career opportunity available in the Finance Division for Corporate Accountants to maintain and develop accounting systems and procedures, ensuring adequate accounting and control for various accounting functions, and providing accurate and timely accounting statements and reports. Major responsibilities: Production of monthly, quarterly and annual financial reporting for management including trend and variance analyses, commentaries and profitability reports for products and divisions. Preparing income and expense budgets and forecasts. Consolidating and summarising profit and loss and capital expenditure budget. Preparing special financial and statistical reports and analyzing unusual items on financial or control reports. Developing clear and informative methods of presenting financial data and undertaking special projects and studies of a financial nature. Reconciling cash, suspense and investments accounts, and assisting with any compliance issues including reviewing profitability results for integrity. Minimum qualifications: Bachelor's degree and an internationally recognised accounting qualification (e.g. CA). CFA designation or graduate degree would be an advantage. One to four years' post qualification experience including audit. Experience. Advanced knowledge in spreadsheet development, general accounting, budgeting, reconciliations, design of computerized procedures, GL and payables system functionality, report writing, and application of International Financial Reporting Standards(IFRS). Strong oral and written communication skills and presentation skills.
Salary: Competitive tax free package plus banking staff benefits
Acumen Services Ltd. is seeking to fill the post of Senior Accountant(s): The responsibilities will include but are not limited to: Provide accounting and financial consulting services to Bermuda based organizations Perform ad hoc and special projects Work autonomously with minimal supervision and quickly adapt to dynamic work environments The successful candidates should possess the following: CA, CPA or ACCA accounting designation with a proven record of progressive responsibility Big 4 firm audit experience and excellent technical accounting knowledge Strong interpersonal and client management skills A strong proficiency in the use of Microsoft Office applications and industry standard accounting software Must be confident, personable and prepared to work long hours as and when required including Bermuda public holidays.
Salary: Competitive
Our client is a specialty insurance and reinsurance provider, and is the centre of competence for alternative risk transfer business within the Group. Our client invites applications for the position of Accountant, working out of the Hamilton office in Bermuda. The role reports to the CFO, North America and will be responsible for a range of transaction and financial accounting functions of the Bermuda legal entity and certain of its affiliates. Specific Duties: - Calculating and posting the accounting entries for a portfolio of alternative risk transactions - Oversight of the local operating cash and investment accounts, including reconciliation to the SAP general ledger - Upkeep of the SAP ledger for local operating entities - Assistance with all matters in connection with the year-end financial audit and compilation of data required by international regulators - Assistance with internal control sign-off and process documentation - Ensuring the accuracy and timeliness of all financial reporting of the Bermuda legal entity and its affiliates, including preparation and filing of annual statutory financial statements - Responsible for certain financial accounting tasks for the group including consolidation entries, intercompany reconciliations, revaluation and FX, deferred tax, reconciliations and variance analysis - Supporting the CFO, North America, in financial closings and ad-hoc requests - Assisting in special projects as they arise Qualifications: - CA, CPA, ACA or other equivalent accounting designation - A minimum of three years experience in the (re)insurance or financial services industries - Experience of multi-national accounting frameworks including IFRS - Knowledge of SAP would be a valuable asset - Strong technical ability and working knowledge of (re)insurance accounting - Excellent communication, task management and problem-solving skills Working in a dynamic and fast-paced environment the successful candidate must be detail oriented and highly organized. The candidate must be self-motivated and be prepared to work flexible hours to meet deadlines which may include evenings, weekends and public holidays. In addition, the candidate must be willing to travel as necessary.
Salary: Highly Competitive tax-free, plus bens
Responsibilities include:- Preparation of monthly management accounts package. Ensure accounting entries for consolidation of group companies performed in a timely fashion. Preparation of annual budget for holding company and Ensuring foreign currency transactions revalued and entered accurately into general ledger. Maintenance of general ledger for holding company. Ad hoc projects as assigned by senior management. Requirements for the role include:- A recognized accounting qualification eg ACA, ACCA, CPA, CA etc. Degree qualified preferably in a related field. 5+ years PQE. Insurance/reinsurance experience preferred. SOX experience preferred. Experience of a multi-company, multi-currency, consolidation environment. Excellent communication skills and proven experience of communicating at board level. Proven organizational skills and ability to work with limited supervision.
Salary: Highly Competitive, plus bonus, plus bens
Our client is Big 4 audit firm in Bermuda that has a requirement for Audit Seniors for its September 2012 intake. Our client provides audit and assurance services to both the insurance/reinsurance and investment sectors and successful candidates can expect to be engaged on a variety of clients including listed reinsurance/insurance companies, captive insurance managers, international banks, and fund administrators through to smaller businesses in these areas. Requirements for the role include:- ACA, ACCA, CA or equivalent. Educated to degree level. Financial services experience is an advantage. Exposure to US GAAP is an advantage. Big 4 or medium sized firm background preferred. Our client is offering a starting salary of c$72,000 USD, tax-free, discretionary bonus, health insurance, and relocation assistance*. Our client places high emphasis on training and development and a full program of initial training will be provided along with ongoing tailored development and support. *Relocation assistance includes provision of one return flight during the duration of the contract, provision of work permit, initial accommodation for a period following arrival, a relocation allowance.
Salary: c$72k, plus bonus, plus full relocation assistance
