Accountant III at AIG

Mexico City, Mexico City, Mexico

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

University Degree with Accounting major or equivalent
3 to 5 years relevant post qualification experience
Hands on experience in a Local and USGAAP reporting role
Strong analytical background with strategic thinking capabilities and attention to detail
Solid understanding of accounting, treasury, internal controls, financial systems, and processes
Ability to communicate effectively with all levels of management both verbally and in writing
Comfortable working in a fast-paced, high-energy environment
Ability to multi-task, consistently meeting deadlines on multiple projects and activities
Work effectively in a team environment and in building collaborative relationships with peers and with other stakeholders
People Managerial skills
Proficiency in English is required
Proven experience in reporting to the CNSF mainly for RR’s Reports and all the regulatory requirements for Insurance institutions (a Plus)
Change Management experience
Experience Insurance Industry (a PLUS)
Strong preference for working with shared service centers
Internal controls experience

Responsibilities

Prepare all period end closing financial reporting activities in the US GAAP and Local GAAP ledgers for the Mexico entities in conjunction with FC to ensure all reporting deadlines are met
Prepare and support month end and quarter end reporting activities
Prepare analytical review including variance analysis of month end financial results with the Local Reporting Manager and provide support for major movements ensuring that the results are complete, accurate and meaningful
Prepare supporting documentations for statutory accounts to assist with external audit and reviews
Present to the GL Accounting Lead the timely and complete compliance to local statutory
Work closely with GL Accounting Lead and the Business colleagues to resolve issues and communicate changes
Review and meet with GL Accounting Lead to discuss KPIs and prepare the dashboards that includes to ensure Balance Sheet Reconciliations, Intercompany balances and other schedules are completed on a timely and accurate basis
Work with the GL Accounting Lead and the Local Reporting Manager in preparing key deliverables for the Business and for the External Stakeholders as requested by regional management and HQ
Supports and collaborate with general ledger, accounts payable, invoicing, accounts receivable, intercompany transactions, tax, and fixed assets teams
Supports the interface between the department and other divisions/subsidiaries
Ensure accounting standards and policies are adhered to, including processes completed by Local and FC Teams

Skills

US GAAP

Local GAAP

Period End Close

Financial Reporting

Variance Analysis

Intercompany Reconciliations

Balance Sheet Reconciliations

Statutory Reporting

External Audit Preparation

GL Accounting

Accounts Payable

Accounts Receivable

Fixed Assets

KPI Dashboards

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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