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Department: Operations
Division: Administration / Accounting
Location: Madrid
Type: 8 month Fixed Term Contract
Role Overview
Provide support and assist with all aspects of the Financial Accounting, Tax and Treasury functions. Complete a variety of accounting and technical functions pertaining to the company’s coinsurance and reinsurance risks.
Key Responsibilities
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- Ensure statutory and taxation compliance requirements within LSM, LMIE, LSSL Spanish branches are met.
- Work closely with the Finance Department in the head office to ensure consistency, develop and maintain practices, and drive ongoing improvement of business practices and performance.
- Collaborate with internal departments, providing excellent service, support and advice where applicable.
- Coordinate with external stakeholders such as auditors, brokers, insurance companies, and public administration to provide reporting, documentation,
and tax information.
- Prepare month‑end journals and balance sheet reconciliations for accounts including VAT, Fixed Assets and Intercompany accounts (future role).
- Handle banking & treasury activities: process treasury related journals at month‑end, reconcile balance sheet accounts, set up standing orders and manual payments, including international payments.
- Prepare and file VAT documentation monthly and keep abreast of developments in VAT regulations to ensure compliance.
- Submit withholding tax documentation to Rosclar and obtain residence certificates to avoid double taxation for international reinsurance payments.
- Manage the corporation tax process for the branch and keep abreast of regulatory developments to ensure compliance.
- Assist with the submission of annual regulatory obligations and process treaty distribution for translation to Spanish regulators.
- Act as liaison during the monthly clo
📌 Financial Credit Risk Accountant (Madrid)
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