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Accountant: ACE Limited/ACE INA

Job ID296628
Company NameACE Limited/ACE INA
Job CategoryInsurance
LocationPhiladelphia, PA
Position TypeFull-Time, Employee
Experience2-5 Years Experience
Date PostedOctober 28, 2009 (Reposted Nov 26)

ACE Group

The ACE Group of Companies is one of the worlds leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide and offices in more than 50 countries.

ACE serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.

Details of this critical opening follow:

JOB SUMMARY:

This position will mainly be responsible for monthly interfaces and cash reconciliations within ACE Global Treasury. In addition, this position will actively participate in projects including but not limited to, integration of other regions/business units into Global Treasury. Critical factors to success include: customer service oriented, results and detail oriented, meet deadlines, ability to work in a team, multitask, willingness/desire to learn and develop, flexible, ability to learn processes outside of own in order to serve as backup, ability to thrive in fast pace environment.

RELATIONSHIPS AND SCOPE:

This position reports directly to the Assistant Vice President, Global Treasury. This position is responsible for the timeliness, accuracy and completeness of the duties listed below and will need to interact effectively with other business and operational units across the ACE organization.

DUTIES AND RESPONSIBILITIES:

1. Perform the following processes:

* Ensure various monthly interfaces of Quantum subledger to PeopleSoft general ledger are performed timely and accurately

* Quantum static data setup and backup for counterparty setup

* Account reconciliations, including but not limited to the following:

1. Cash

2. Sweeps

3. Notional pool accounts

4. Miscellaneous deposits

5. Investment operations suspense

* Various recurring monthly journal entries

* Intercompany settlements

* Key control questionnaires

* Credit Quality Letters

* Stub period reporting

* Financial reporting

* Research and resolve issues as they arise, documenting resolution

* Meet all deadlines, as communicated in reporting calendar

* Ensure key processes are adequately documented

* Identify process improvements

* Special projects such as, integration of other business units into Global Treasury

MINIMUM QUALIFICATIONS:

1. Four year degree in Business, with a major in Accounting or Finance

2. 1+ years of related experience

3. Must demonstrate an orientation to results

4. Ability to work effectively in a team environment

5. Strong adaptation to change

6. Good computer skills, e.g. Excel

7. Good communication and interpersonal skills

8. Good analytical skillsACE offers a competitive salary plus cash bonus, equity opportunities and a comprehensive benefits package including life, health, dental, vision, a generous retirement savings plan with a generous company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.

Sound like the right job for you? For consideration, please apply below. If you would like additional information about the ACE Group, please visit our website at www.acelimited.com




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