Financial Accounting Expert

We are looking for a Financial Accounting Expert, based in Munich.

Your Team
Join the dynamic Global Financial Reporting & Closing Team at Allianz Commercial, where we drive excellence in financial reporting and ensure timely and accurate closing processes. Our team is dedicated to delivering high-quality financial insights that support strategic decision-making and enhance business performance.

We foster a collaborative and innovative environment, encouraging professional growth and development. Be part of a team that is integral to shaping the financial future of Allianz Commercial.

The Impact You Will Have
As a member of the Financial Closing & Reporting Team you will support our IFRS, Solvency II and HGB reporting; and strengthen our governance.

We offer you challenging and varied tasks in an international and multicultural working environment. As part of your job, you will participate in and lead international projects and change efforts working together closely with colleagues from various branches and subsidiaries across the globe.

Some Of Your Specific Responsibilities Could Include

• Financial Closing Coordination: Plan and coordinate the Allianz Commercial group monthly global IFRS financial closing, ensuring timelines are met and tasks are completed accurately and professionally.
• Reporting and Estimation: Prepare and distribute the Allianz Commercial global segment overview results estimation to senior management, including the CFO, and ensure compliance with external reporting requirements for IFRS, HGB, and Solvency II.
• Governance and Controls: Actively manage governance topics, including drafting and updating guidelines, coordinating ICOFR governance, and implementing new controls globally.
• Service Management: Draft, update, and negotiate service level agreements, monitor outsourced services, and ensure appropriate controls are implemented and performed, such as investment accounting and Italy Branch.
• Quality and Compliance: Coordinate and perform internal quality controls, manage the Finpedia process, and ensure compliance with reporting requirements while supporting related projects.
• Communication and Liaison: Liaise with international subsidiaries and branches of Allianz Commercial, answer financial closing-related questions from Allianz Group Accounting, and be a point of contact for internal and external auditors.
• Projects and Process Improvement: Participate in international finance projects and change management initiatives, assist in the development and improvement of processes, and implement internal controls in an agile environment.

What You'll Bring To The Role

• At least 5-7 years of professional experience in international accounting, finance or controlling (preferably in an insurance or auditing company)
• A strong educational background in finance and/or accounting, preferably a Master's degree in finance
• Very good knowledge of IFRS and experience in dealing with complex accounting issues
• Knowledge of HGB, tax regimes and corporate tax rules
• Excellent written and oral communication skills in English
• Advanced MS Office skills (including Word, Excel and PowerPoint).
• Pronounced analytical skills and the ability to navigate complexity:  effectively document, make sense of, analyze root causes of complex issues, processes and data (flows), respond to complex/ambiguous situations by identifying and initiating appropriate remediation and follow ups
• A can-do attitude and the ability to come up with new initiatives and ideas and you are a highly organized, self-motivated team player who is able to work under pressure

Ideally You Will Also Have

• Demonstrated experience in IFRS, HGB, Solvency II reporting
• Proven experience in managing cross-functional projects and leading change in an international and agile environment
• Very good SAP FI / SAP BW knowledge
• Strong communication and presentation skills: ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing)
• Excellent written and oral communication skills in German would be a plus
• A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

88292 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?
Let's Care About Everything That Makes You, You
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us.
Let's care for tomorrow.

People With Disabilities
We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email

Recruitment Agencies:

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid