Are you committed to bringing your best to life every day?
At MLC Life Insurance, we're proud of our history of protecting Australians for over 135 years. We provide flexible, affordable, and innovative insurance products to almost 1 million Australians. We're Australian-led and managed, and part of a global network through our partnership with one of the world's leading life insurers, Nippon Life Insurance Group.
We're driven by a powerful purpose, providing our customers and their families with a Promise for Life to be there when they need us most - and that's a great purpose to bring us together at work every day.
We work hard to deliver a total customer experience that keeps our customers and partners at the forefront of all our decisions. We're a values-driven business that strives for high performance and growth as we look towards the future.
The Role
We currently have an opportunity to join our Customer Finance team as an Accountant in a permanent position. This opportunity is open to work from our Melbourne city office in conjunction with our hybrid work from home options.
As an Accountant, you will be accountable for the financial control of customer MoneyIn-MoneyOut (MiMo) at MLC Life Insurance. The team is responsible for reconciling and reporting the MiMo bank and suspense accounts and providing support and guidance to the Operations teams to remediate outstanding items.
Your responsibilities will include:
• Period-end financial close procedures, including the preparation and review of:
- General Ledger bank and suspense reconciliations
- Adjusting journal entries
- Data analysis, investigation and clearing outstanding transactions
• Ensuring customer money is reconciled and that unallocated items are cleared in accordance with regulatory obligations
• Working with various stakeholders across the MLC Life business to identify root cause of reconciliation items and implementation of an appropriate action plan.
• Proactively manage risk; meet all policy and compliance requirements; perform controls; adhere to Process and Procedures pertinent to role; and escalate events, issues or breaches as they are identified (risk accountability forms part of all roles, as everyone is responsible for managing risk and compliance).
About you
• Candidates must have an undergraduate accounting qualification.
• Candidates must have completed or commenced their CA or CPA or have commensurate experience.
• Strong proficiency in Microsoft Excel with the ability to manage and analyse large datasets
• Candidates must have proven experience working in a finance function in a similar role, with proven experience in financial accounting
• Ability to appropriately consider priorities and the impact of solutions on stakeholders
• Proven experience handling large volume reconciliations ideally within a customer facing high volume sales business.
• Proven experience in financial control month/year-end processes with the ability to analyse and investigate complex reconciliations
• Strong communication skills both written and verbal with the ability to tailor communications to all levels within and external to the business.
• Ability to construct processes with appropriate focus on controls, identify process improvements and apply those practically.
Bringing our best to life - why join us?
• We do work that makes a genuine difference to our customers, partners and community.
• We have a supportive, inclusive and flexible team culture, including hybrid working.
• We support your growth and development, and careers across our business units and teams that are as unique as our people.
• We reward and celebrate our successes, through our incentive and recognition programs.
• We offer tools, resources and benefits to support your wellbeing, including additional lifestyle leave and our Family Life hub.
• We connect and celebrate our diversity at work through our social committees and employee groups, and we contribute to our community with paid volunteer leave and through our sustainability commitments.
Should an applicant be the preferred candidate, background checks (including Federal Police Checks, Employment checks, ASIC banned and disqualified persons and Bankruptcy checks) will be completed prior to the candidate's employment being confirmed. The outcomes of the background checks do not automatically bar candidates, however they will be assessed against the inherent requirements of the position.
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