Accounting Manager at AIG

Mexico City, Mexico City, Mexico

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

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
Advanced English

Responsibilities

Manage 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
Ensure accounting standards and policies are adhered to, including processes completed by FC
Coordinate and review of month end and quarter end reporting activities
Responsibility for Statutory Account preparation and filing working closely with FC as needed
Provide supporting documentations for statutory accounts preparation to assist with external audit and reviews
Work closely with FC and the Business colleagues to resolve issues and communicate changes
Review and meet with FC to discuss KPIs and participate in dashboard reviews to ensure Balance Sheet Reconciliations, Intercompany balances and other schedules are completed on a timely and accurate basis
Ensure timely and complete compliance to local statutory
Interact as necessary with government agencies, financial institutions and industry organizations. Be able to clearly articulate AIG’s position on key matters and issues
Ensure an effective internal control environment. Coordinate the planning and lead the execution of local internal and external audit work
Coordinate and monitor the team's efforts to fulfill SOX audit and inquiries from Corporate and external auditors
Coordinate and ensure control owners perform the SOX test controls and support them
Collaborate with the Management of cash flow and local treasury activities
Manage other activities, attending to requests for statistical information both for US and local authorities as well as other ad hoc requests that may arise from time to time
Manages and develops the Controlling staff
Responsible for project management as well as applications implementation, documentation and user training
Manages staff and supervisory staff who work on the following diverse activities: financial and management reporting, general ledger, accounts payable, invoicing, accounts receivable, intercompany transactions, taxation, fixed assets and inventory management, cash management, including interest costs and foreign exchange exposure, purchasing and payroll as well as related internal controls
Sets goals and establishes priorities within the department
Provides support and advice to staff concerning procedures, systems and priorities
Liaises with all finance team and all areas of the company to achieve the expected result

Skills

Key technologies and capabilities for this role

US GAAPLocal GAAPPeriod End CloseBalance Sheet ReconciliationIntercompany ReconciliationStatutory ReportingExternal Audit CoordinationInternal Audit CoordinationFinancial ComplianceKPI Analysis

Questions & Answers

Common questions about this position

What are the main responsibilities of the Accounting Manager role?

The role involves overseeing period end close, Balance Sheet and Intercompany reconciliations, Statutory Reporting, and coordinating internal and external audits for AIG Mexico legal entities. It also includes managing staff, ensuring compliance with US GAAP and Local GAAP, and collaborating with shared services and local finance teams.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this Accounting Manager position?

This information is not specified in the job description.

Does the role involve managing a team?

Yes, the Accounting Manager manages and develops the Controlling staff and supervisory staff working on financial reporting, general ledger, accounts payable, invoicing, and other areas.

What experience makes a strong candidate for this role?

Strong candidates will have expertise in US GAAP and Local GAAP reporting, period-end closing, statutory compliance, audit coordination, SOX controls, and staff management in a finance environment.

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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