Senior Accountant

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk, through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

OdysseyRe is rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

Position Summary

The Corporate Senior Accountant will work with the team responsible for preparing U.S. GAAP financial statements and underlying schedules, notes etc, as well as prepare corporate accounting journal entries and execute internal controls over financial reporting.

Essential Duties

• Prepare quarterly and annual U.S. GAAP-compliant financial statements, including supporting schedules like cash flows and disclosures.
• Develop and prepare management reports and presentations containing financial results, trends, and key performance indicators for senior leadership.
• Prepare quarterly and annual local GAAP financial statements for a subsidiary, including supporting schedules like cash flows and disclosures.
• Collaborate cross-functionally with internal departments (e.g., Actuarial, Tax, Treasury, Legal) and external stakeholders (e.g., auditors, regulators) to gather and validate financial data.
• Execute and monitor internal control procedures to ensure the integrity of financial reporting and compliance with SOX requirements.
• Support the monthly and quarterly close process, including journal entries, account reconciliations, and variance analysis for financial statement line items.
• Assist in the implementation of new accounting standards and process improvements to enhance reporting efficiency and accuracy.
• Lead internal and external audits, providing necessary documentation and responding to audit inquiries.
• Perform other related duties and special projects assigned to support the goals and objectives of the Corporate Accounting team and the broader organization.

Skills, Knowledge and Abilities

• Essential to demonstrate expertise in accounting principles and practices
• Strong knowledge of U.S. GAAP is required; familiarity with IFRS 17 and U.S. STAT accounting is preferred.
• Experience in financial statements preparation and reporting is essential. Exposure to consolidation and related reporting is preferred.
• A solid understanding of insurance accounting principles, with the ability to apply this knowledge to ensure accurate and meaningful financial reporting, is preferred.
• Advanced proficiency in Microsoft Excel and strong overall PC skills.
• Experience with SAP General Ledger and Wings insurance statutory reporting software is preferred.
• Excellent planning and organizational abilities, with keen attention to detail.
• Strong oral and written communication skills, with the ability to convey complex financial information clearly.
• Ability to effectively handle multiple projects simultaneously in a deadline driven environment.
• Comfortable working with senior executive leadership on financial presentations and results analysis.

Experience & Education Requirements

• Bachelor’s degree from an accredited university in accounting
• 5+ years of accounting experience in the financial compilation and reporting role is required; insurance and / or reinsurance industry experience and/or Big 4 or top national public accounting experience in financial sector is required.

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