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General Accountant

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Munich Re

2mo ago

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Accounting & Tax
  • Madrid

AI generated summary

  • You need a degree in finance or accounting, MS-Office and SAP expertise, analytical skills, strong communication, team spirit, good English, and readiness for more responsibilities.
  • You will manage vendor invoices, reconcile accounts, oversee expense administration, support payroll processes, handle travel expenses, and assist with quarterly financial close and tax reporting.

Requirements

  • Degree in administration, finance or accounting, preferably with professional experience in accounting
  • Expertise in MS-Office, particularly Excel, and in SAP tools
  • Analytical skills and accuracy in dealing with figures
  • Self-confident approach combined with a high degree of dedication to working effectively and independently
  • Strong communication skills and team spirit
  • Good knowledge of English (written and spoken)
  • Being prepared to take more responsibilities in a growing general accounting hub

Responsibilities

  • Check, post and pay incoming vendor invoices (national and international)
  • Issue outgoing invoices (national and international)
  • Keep vendor data updated in the general ledger
  • Quarterly vendor control account reconciliation
  • Correct documentation and storage of all payment supporting documents
  • Weekly expense administration: check correct posting in the general ledger and arrange for payments
  • Monthly uploading the payroll run into the general ledger and arranging for payment
  • Monthly monitoring and reconciliation of MR Madrid bank account balance
  • Quarterly interbranch account reconciliation
  • Local point of contact for travel expenses (Concur)
  • Provide support with MR Bogotá postings
  • Provide support to the Madrid and Bogotá team with quarterly close-off.
  • Support our tax expert with correct reporting and payment of Spanish taxes
  • Ensure both the Accounting and Concur manuals and guidelines are updated
  • Being prepared to participate in projects and working groups globally

FAQs

What is the job title for this position?

The job title is General Accountant.

Where is the position located?

The position is located in Madrid, Spain.

What company is hiring for this role?

The hiring company is Munich Re.

What are the main responsibilities of a General Accountant at Munich Re Madrid?

Main responsibilities include checking, posting, and paying incoming vendor invoices, issuing outgoing invoices, maintaining vendor data, conducting quarterly reconciliations, managing payroll uploads, and providing support for interbranch accounts and tax reporting.

What qualifications are needed for this position?

A degree in administration, finance, or accounting is preferred, along with professional experience in accounting.

Are there specific software skills required for this job?

Yes, expertise in MS-Office, particularly Excel, and in SAP tools is required.

What languages are necessary for this position?

Good knowledge of English, both written and spoken, is necessary.

Is there an opportunity for career growth in this role?

Yes, there are opportunities for career mobility and growth within the organization.

Does Munich Re offer any benefits to their employees?

Yes, Munich Re offers a competitive salary, retirement provision, promotions for work-life balance, and hybrid working arrangements.

Is teamwork emphasized in this role?

Yes, strong communication skills and a spirit of teamwork are important for this position.

What kind of projects might a General Accountant participate in?

A General Accountant may participate in global projects and working groups.

Is prior experience in accounting required?

Professional experience in accounting is preferred for this position.

What type of working culture does Munich Re promote?

Munich Re promotes a culture of diversity, equity, inclusion, and continuous learning.

How does Munich Re view the importance of diversity in the workplace?

Munich Re believes that diversity fosters innovation and resilience, enabling the company to act braver and better.

Will the General Accountant be involved with tax reporting?

Yes, the General Accountant will support the tax expert with correct reporting and payment of Spanish taxes.

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Munich Re

Pushing the boundaries of insurability to help the world advance with confidence.

Finance
Industry
10,001+
Employees

Mission & Purpose

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business. Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics. We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals. Our corporate culture is defined by performance, mutual respect and trust. All this makes us an attractive employer providing global career development opportunities and prospects.