Accounting Analyst

WHO WE ARE

 

At Coface, we make trade happen everyday.

Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world.

With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring — all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy.

Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions.

Shape the future of trade with us. Join our Happeners!

 

 

 

 

Accounting Analyst

Location: Mexico City (Hybrid – 2 days onsite, 3 days remote)

Job Summary

The Accounting Analyst is responsible for ensuring the accuracy, completeness, and efficiency of financial and accounting operations within an insurance‑focused environment. This role manages key accounting processes, including transaction posting, account reconciliations, and maintaining reliable financial records. By applying local regulatory requirements (CNSF/AMIS) and international standards (IFRS), the analyst ensures compliant, transparent, and high‑quality financial reporting.

The position supports core operational activities such as premium and claims accounting, accounts payable/receivable, accruals, and insurance‑specific adjustments. The analyst is expected to maintain strong knowledge of local GAAP, insurance regulations, and IFRS—particularly standards related to insurance contracts and financial instruments—to ensure proper recognition, measurement, and reporting of financial data.

Through consistent execution of reconciliations, journal entries, analytical reviews, and internal controls, this role contributes directly to financial stability, regulatory compliance, and operational excellence.

The ideal candidate has strong insurance accounting knowledge, excellent analytical and numerical skills, attention to detail, and the ability to work efficiently in a fast‑paced environment. Clear communication, accountability, and accuracy are essential.

Key Responsibilities

• Monitor the monthly operational closing process, ensuring timely reconciliation of operational, technical, and insurance‑related accounts.

• Validate, approve, and release invoices and payments in accordance with internal controls and policies.

• Generate, analyze, and reconcile financial information in SAP, including local GAAP and IFRS data.

• Prepare and submit regulatory reports (RRs) to the CNSF with accuracy and timeliness.

• Perform monthly reconciliations for insurance and service entities, ensuring complete and accurate balances.

• Support the administration and reconciliation of agent commissions (as needed).

• Reconcile key insurance accounts, including premiums, claims, commissions, and investments.

• Assist in preparing Financial Statements aligned with internal, local, and IFRS reporting requirements.

• Analyze financial and balance sheet variances, providing clear explanations and documentation.

• Prepare and post IFRS‑related journal entries, including adjustments, accruals, and valuations.

• Support internal and external audits by providing documentation and addressing observations promptly.

• Maintain and strengthen internal controls, ensuring compliance and continuous process improvement.

Skills & Qualifications

• Knowledge of insurance accounting (required)

• SAP experience, including report creation (intermediate; advanced preferred)

• Experience in operational and technical account reconciliations

• Understanding of commission and insurance technical accounts

• Knowledge of IFRS standards

• Familiarity with local insurance regulations (CUSF, LISF)

• English fluency

Education

• Bachelor’s degree in Accounting

Experience

• Minimum 3 years of experience in the insurance industry

Skills & Qualifications

• Knowledge of insurance accounting (required)

• SAP experience, including report creation (intermediate; advanced preferred)

• Experience in operational and technical account reconciliations

• Understanding of commission and insurance technical accounts

• Knowledge of IFRS standards

• Familiarity with local insurance regulations (CUSF, LISF)

• English fluency

Education

• Bachelor’s degree in Accounting

Experience

• Minimum 3 years of experience in the insurance industry

What We Offer

• Flexible hybrid work model
• Career development in a global, inclusive environment
• Ongoing training and learning opportunities
• Competitive benefits exceeding legal requirements

 

Location: Ciudad de México/Mexico City (Hybrid – 2 days onsite, 3 days remote