Americas Senior Cost Controller
- Employer
- SCOR
- Location
- Paris, France
- Salary
- Competitive
- Closing date
- Mar 3, 2025
View more categoriesView less categories
- Job Function
- Other
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Responsibilities
Key duties and responsibilities
The Senior Cost controller will be responsible for Americas region. As such he will have the following tasks in his mandate:
Contribution to planning process
Contribution to the quarterly landing & closing
Contribution to the local reporting and analysis needs
Contribution to Group Purchasing process
Contribution to IntraGroup Recharges
Adhoc analysis and reporting
Contribution to T&S initiatives as appropriate (including revamp of Expense Performance team processes review and optimization)
Contribution to good-practices identification and development across Expense Performance team
Contribution to harmonization of process and reports used Worldwide
Qualifications
Required experience & competencies
Experience:
Minimum 10 years in Controlling (a strong background in Finance and Accounting are welcome)
Extensive understanding of costs planning and cost modelling,
Robust understanding of reporting processes,
Preferred: Industry knowledge of Insurance/reinsurance business
Preferred: Good knowledge of IFRS 17 impacts on management expenses reporting.
Personal Competencies:
In addition of being able to synthesis information and being rigorous , the candidate will have to demonstrate his ability to be autonomous, to operate in a complex environment , to be customer/client oriented , solution oriented , source of ideas and have a good sense of initiative and a strong team spirit. Moreover, he will have to understand the local specificities of the different countries where SCOR operates in Americas and its impacts on management expenses: economic situations, regulatory constraints (e.g. BEAT tax), currency fluctuation, etc.
Competencies
Ability to analyze and reduce complicated factual contents to the essentials,
Excellent communication skills - able to communicate clearly and concisely verbally and in writing,
Excellent interpersonal skills - able to build constructive relations across the Group,
Soft skills
Conscientious, curious and enthusiastic,
Well organized, efficient and autonomous,
Team player, collaborative spirit,
Trustworthy, honest and high ethical and personal standards.
Digital Competencies:
Very good Excel skills (pivot table / power query / power BI)
Preferred: good skills on SAP (FI-CO, BPC, Analysis For Office, PaPM, Ariba)
Required Education
Master Deegree (bac + 5) in Finance / Management Control
About Us
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
Key duties and responsibilities
The Senior Cost controller will be responsible for Americas region. As such he will have the following tasks in his mandate:
Contribution to planning process
- Serves as central contact for Management Expenses within the Americas region
- Collect budget needs for building costs, mandatory Fees, audit fees and challenge distribution and consistency of budget for other areas
- Support Group cost controllers for planning activities (Strategic Plan, Operating Plan, Forecast)
- Support Operational cost controllers in management expenses budget production
- Facilitates communication between local entities, Operational Controllers, GCCB and COMEX Stakeholders
Contribution to the quarterly landing & closing
- Establish and provide corporate and business functions with forecast figures and comments for US Life
- Prepares accrual for US Life and US P&C entities
- Ensure that bookings are accurate and allocated to the correct business perimeter and correct account
- Ensure the quality of bookings working closely with accounting department to facilitate and speed up analysis
- Ensure the accuracy and completeness of quarterly accruals. In particular ensure that the level of accrual in the balance sheet is continuously accurate.
- Monitor budget deviation within the Region and contribute to monitor Group experience variance.
- Provide Group and business with qualitative comments on Actuals vs Budget and vs previous year by comex-function within the Region
- Provide our clients with a clear view of Americas expenses via relevant presentation, reporting, variance analysis, etc.
Contribution to the local reporting and analysis needs
- Support legal entities of the Region to establish ther budget / plan, ensuring consistency with Group process.
- Provide Region CFO and Legal Entities Finance Director with a quarterly Expense Memo
- Provide local management all information related to management expenses needed to make decisions : provide input to Board presentations
- Be the key pivot between Regional stakeholders and Group stakeholders, understanding economic situations, answering local regulatory requirement (e.g. BEAT tax), reflecting Regional challenges in Group reporting and analysis.
Contribution to Group Purchasing process
- Support users (mainly for the correct allocation of expenses to GL account and business area of expenses)
- Support local Accounting Departement and facilitate the validation workflow whenever it's needed to reduce the delay in bookings and suppliers payments
- Contribute to the validation process of commitments
- Contribute to the evolution / improvement of the purchasing process. In particular ensure the relevant information needed for cost controlling duties is available / easy to use
Contribution to IntraGroup Recharges
- Maintain and documente recharges keys used for the Group and Divisional Recharges
- Maintain and document SLA set-up and related recharges keys
- Help in identify any service provided by Americas entities which may be recharged to other entities
- Ensure legal contract are available for any SLA
- Provide analysis and qualitative comments on recharge variances
Adhoc analysis and reporting
- Present and provide any expense owner and management (Group or local) with all analysis / information needed to help them having a clear view on expenses to accurate decision
Contribution to T&S initiatives as appropriate (including revamp of Expense Performance team processes review and optimization)
Contribution to good-practices identification and development across Expense Performance team
Contribution to harmonization of process and reports used Worldwide
Qualifications
Required experience & competencies
Experience:
Minimum 10 years in Controlling (a strong background in Finance and Accounting are welcome)
Extensive understanding of costs planning and cost modelling,
Robust understanding of reporting processes,
Preferred: Industry knowledge of Insurance/reinsurance business
Preferred: Good knowledge of IFRS 17 impacts on management expenses reporting.
Personal Competencies:
In addition of being able to synthesis information and being rigorous , the candidate will have to demonstrate his ability to be autonomous, to operate in a complex environment , to be customer/client oriented , solution oriented , source of ideas and have a good sense of initiative and a strong team spirit. Moreover, he will have to understand the local specificities of the different countries where SCOR operates in Americas and its impacts on management expenses: economic situations, regulatory constraints (e.g. BEAT tax), currency fluctuation, etc.
Competencies
Ability to analyze and reduce complicated factual contents to the essentials,
Excellent communication skills - able to communicate clearly and concisely verbally and in writing,
Excellent interpersonal skills - able to build constructive relations across the Group,
Soft skills
Conscientious, curious and enthusiastic,
Well organized, efficient and autonomous,
Team player, collaborative spirit,
Trustworthy, honest and high ethical and personal standards.
Digital Competencies:
Very good Excel skills (pivot table / power query / power BI)
Preferred: good skills on SAP (FI-CO, BPC, Analysis For Office, PaPM, Ariba)
Required Education
Master Deegree (bac + 5) in Finance / Management Control
About Us
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
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