Description

Position Summary:

The Statutory Senior Accountant will be responsible for preparing journal entries to support timely financial statement close and ensure all activity recorded in line with Statutory Accounting principles (SAP). Assist in the preparation of quarterly and annual statutory filings, including core financial statements, supporting schedules and footnote disclosures. This position will also support the monthly general ledger closing process, as well as any other support that is necessary within the Finance Department.

Essential Functions:

• Prepare journal entries to support timely financial statement close and ensure all activity recorded in line with Statutory Accounting principles (SAP).

• Conduct monthly and quarterly account reconciliations to ensure accurate reporting.

• Review journal entries and account reconciliations prepared by junior accounting staff.

• Prepare accurate, timely financial statements in accordance with our established schedule and with input from the rest of the accounting department.

• Analyze financial statements for discrepancies, variances and other issues that should be brought to the management’s attention.

• Assist in the preparation of quarterly and annual statutory filings, including core financial statements, supporting schedules and footnote disclosures.

• Prepare all Statutory to GAAP adjustment entries in support of preparation of financial statements presented on both a statutory and GAAP basis.

• Assess technical accounting issues related to Statutory accounting regulations for appropriate financial treatment.

• Support both GAAP and SAP financial statement audit activities.

• Review all inter-company transactions and generate invoices as necessary.

• Other responsibilities include but are not limited to participation in special projects, or ad hoc analyses as assigned. Provides leadership, coaching, and/or mentoring to subordinates in a group.

Qualifications

Required Education and Experience:

• Bachelor's degree in Accounting
• At least 5 years of experience as an accountant
• At least 2 years experience as a senior accountant
• In-depth understanding of SAP and GAAP.
• Property and casualty Insurance industry experience

Preferred Qualifications:

• CPA preferred.
• Experience with EAS general ledger and EFS Statutory reporting software.

Essential Skills:

• Must be detailed oriented and organized with the ability to ensure accuracy and completeness of all processed or reviewed financial transactions.
• Excellent analytical and problem-solving skills
• Excellent verbal and written communication skills along with good interpersonal skills
• Ability to multi-task and adapt to changing priorities.
• Experience in MS Office (Outlook, Teams, with Proficiency in Excel)