Analyst, Loan and Insurance Accounting

• Assist in analyzing financial results, preparing variance analysis and ensuring timely and accurate financial and management reporting.
• Accounting for Fixed Assets and optional Insurance products, this includes but not limited to
• Calculation and booking of commissions on sale of insurance products
• Management of Insurance cash settlement processes with Vendors.
• Monitor controls around accounting of all loan products and optional Insurance products
• Assist branch network with accounting related queries for optional products.
• Work closely with Cash reconciliation team to ensure that all cash is accounted for appropriately.
• Perform account reconciliations by ensuring that guidelines and policies around accounting processes are adequate and effective, and all balances are substantiated by proper documentation.
• Present financial results for the option insurance oversight committee; and implement new regulations working closely with to external vendors and legal department.
• Continually review existing procedures (establishing new policies where needed) to incorporate change in reporting and accounting requirements.
• Support the reporting team during external / internal audits

• Bachelor’s degree in Accounting or Finance.
• A professional accounting designation, a plus.
• Relevant work experience (5 years or more), at a large financial institution and working for a multinational corporation.
• Detail oriented with excellent problem solving and strong analytical skills.
• Data mining experience desired.
• Strong accounting fundamental skills.
• Ability to network and communicate effectively across levels and departments.
• Team player but must have the ability to work independently and meet strict timelines.
• Solid oral and written communication skills.
• Proficient in MS Office, specifically advanced skills in Excel.

Fairstone