Senior Forensic Accountant

The Role

The role of Senior Forensic Accountant is to resolve financial insurance losses, including but not limited to, business interruption, product recall, product guarantee, cyber, fidelity and stock, by investigating claims through the detailed analysis and review of accounting records, third party information and general enquiries.

Through the methodical analysis of financial data and public information, you will be required to evaluate and identify the real economic impact of the insured incident, enabling the instructing party to minimise risks, protect assets and make informed decisions.

Upon completion of the review, the role is extended to assessing the quantum, negotiating the quantum with brokers, lawyers, accountants, and corporate management.

Throughout the process, you will be required to work closely with the claimant and the adjuster, at times on your own otherwise as part of the larger accounting team. You may be required to work with other consultants retained by the adjuster, such as construction consultants and engineers, to help ensure that the loss measurement is aligned to the reinstatement timeline.

The role will not be limited to financial documents. You will need to look beyond the numbers. This may include researching market trends, industry information and conducting interviews with business owners, employees, vendors, and customers.

Key Responsibilities

• Investigate and assess insured financial losses from inception to settlement.
• Provide support and advice to policy holders in relation to their losses.
• Examine claims forms, policies and endorsements, client instructions and other records to determine coverage in the event of a financial loss.
• Service current clients.
• Build relationships and undertake marketing activities to grow client base.
• Investigate insurance claims by interviewing claimants and witnesses, obtaining official reports, inspecting physical damage, comparing claim information with evidence presented.
• Set loss reserves.
• Perform detailed analysis and review of financial and non-financial information.
• Prepare reports by collecting and summarising information.
• Identify potential litigation when appropriate.
• Present evidence and serve as an expert witness at legal proceedings.

Required Skills

• ACA or ACCA qualified accountant.
• Past Forensic Accounting experience will be beneficial.
• Professional and positive outlook.
• Work with minimal supervision.
• Strong analytical skills.
• Strong negotiation skills.
• Exceptional verbal and written communication skills.
• Exceptional attention to detail.
• Strong organisational and interpersonal skills.
• Team player.