Senior Finance Operations Analyst

We are seeking talented finance professionals to join a newly created team as part of a unique collaboration between EY and SCOR. In this role, you will be employed by EY while working within the finance and accounting function of SCOR, a leading global reinsurer renowned for its innovative range of reinsurance and insurance solutions. As SCOR establishes its new Shared Business Platform (SBP) in Bucharest, you will play a crucial role in supporting their accounting operations, specializing in IFRS and Solvency II standards.

As a global leader in risk management, SCOR applies the “Art and Science of Risk” to help societies withstand shocks, close protection gaps, and adapt to emerging threats like climate change and cyber risk. With operations in over 160 countries and a reputation for innovation, sustainability, and integrity, we empower our clients—and our people—to shape a safer, more secure future.

Join us in a collaborative environment where "The SCOR Way" emphasizes core values such as integrity, courage, collaboration, and a commitment to client and societal welfare. SCOR fosters an inclusive workplace that values diversity and supports the growth of all employees, including those with disabilities.

As part of EY Romania, you will benefit from over 30 years of expertise in advising businesses, with nearly 1,000 professionals across Bucharest, Cluj-Napoca, Iași, and Timisoara. Our deep local knowledge, combined with the strength of the EY global network, allows us to deliver exceptional service tailored to our clients' needs. Our commitment to integrity, respect, and exceptional client service shapes our culture and guides our actions.

We prioritize career development through internal mobility, globally recognized certifications, and continuous professional growth, all while promoting a healthy work-life balance. As part of this project, we will offer approximately 50 career opportunities for finance and accounting managers, specialists, and juniors interested in developing a career in finance.

Skills and attributes for success

• Bachelor’s degree in Accounting, Finance, or a related field; professional certification (e.g., CPA, ACCA) preferred
• 3-6 years of experience in accounting within the insurance industry
• Advanced proficiency in accounting software (e.g., SAP) and MS Excel
• Strong analytical skills, leadership abilities, and a deep understanding of IFRS standards and regulatory requirements
• Excellent communication and interpersonal skills, with the ability to mentor junior staff and collaborate with cross-functional teams

Your key responsibilities

 Accounting Tasks:

• Oversee journal postings for both technical and non-technical topics, ensuring accuracy and compliance with accounting standards
• Manage cash settlement processes, leading closing activities in accounting systems (e.g., SAP, OMEGA), including complex foreign exchange runs and open item resolution
• Review and approve journal entries and adjustments made by junior staff, providing guidance and training as needed

Reconciliation:

• Lead reconciliations for intercompany operations and bank reconciliations, ensuring accuracy and resolving discrepancies efficiently
• Oversee the reconciliation of general ledger accounts with data from source systems and technical accounting tools, ensuring compliance with regulatory requirements

Analysis and Reporting:

• Prepare and review comprehensive analysis memos (e.g. claims movements, unusual technical events) providing insights to senior staff
• Conduct in-depth baseline results analysis, focusing on new, renewed, and canceled business, including technical results and IFRS17 KPIs
• Generate detailed reports and perform advanced analysis on FX movements, tax balances, and expense trends, presenting findings to stakeholders

Audit & Compliance Support:

• Provide support to local finance teams for internal and external audit requests, preparing audit documentation and addressing queries effectively

Systems:

• Technical accounting tool: OMEGA (SCOR proprietary system)
• Accounting tool: SAP GL
• Reporting / Analysis tool: Business Object
• Consolidation reporting: SAP BFC

What We offer You:

Our promise is that on an Exceptional Experience at SCOR and EY Romania through:

• Career growth: We offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional developement.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• All In leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
• Flexibility through Hybrid Working – We value work-like balance, and wellbeing initiatives that help you thrive both personally and professionally
• Competitive remuneration package: You’ll be rewarded for your individual performance and contribution. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions

Are you ready to shape your future with confidence? Apply today.  

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