Accountant, Financial Reporting, Tax Accountant

Accountant (# 8356)

The main function of an accountant is to analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. A typical accountant is responsible for analyzing and communicating financial information for clients.

Job Responsibilities:

• Prepare, examine or analyze accounting records, financial statements or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
• Develop, implement, modify, and document recordkeeping and accounting systems.
• Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements.
• Prepare forms and manuals for accounting and bookkeeping personnel and direct their work activities.

Skills:

• Verbal and written communication skills, attention to detail, and critical thinking.
• Ability to work independently and manage one's time.
• Ability to apply accounting and mathematical principles to work as needed.
• Ability to analyze business trends and project future revenues and expenses.
• Knowledge of federal, state, and company policies, procedures and regulations as related to accounting.
• Previous experience with computer applications, such as Microsoft Word, Excel and PowerPoint, and any other related accounting software.

Education/

Experience:

• Bachelor's degree in accounting or related financial discipline required. An advanced degree in a financial discipline is preferred.
• 5-7 years financial and/or accounting experience required.

Position's Contributions to Work Group:

• Support work volume related to two US based Insurance Companies and in general to month end closing team.
• Ensure timely payment of premium taxes, assessments and fees.

Why this Role?

• Opportunity to work in and supported by a team based environment.
• Ability to gain experience in a niche segment (insurance).
• Mentorship and potential growth opportunities.

Typical task breakdown:

• Compilation of NAIC Statutory Basis Financial Statements.
• Booking of Journal Entries into Oracle.
• Performance of Account Reconciliations.
• Research and analysis of financial transactions.
• Coordination and process of premium tax payments, as well as assessments and fees for the US based Insurance Companies.

Interaction with team:

• Coordination of activities.
• Support work volume amongst team members.

Team Structure:

• Statutory reporting team is currently constructed with a Statutory Accounting Manager and 3 experienced staff. The Statutory Accounting Manager reports to the Regional Controller and works with the Senior Accounting Manager. The Statutory team works together with the Insurance closing team on key accounting processes in addition to the Work environment.

Work environment:

• In office, team-based environment.

Education & Experience

Required:

• Years of experience: 5-7 years required. Will accept a candidate who has more than 7 years of experience if they are the right candidate.
• Degree requirement:
  Bachelors degree required, preferably in Accounting/Accounting Concentration. As long as the candidate has accounting experience in their career, a bachelor's degree in another field will suffice.
• Do you accept internships as job experience:
  Yes.
• Are there past or additional job titles or roles that would provide comparable background to this role:
  Staff Accountant, Senior Accountant, Auditor.

Top 3

Skills:

• Ability to work independently.
• Able to use IT based tools (i.e. Microsoft applications, ERP systems).
• Ability to communicate clearly and concisely.

Additional Technical Skills(Required):

• Knowledge of GAAP accounting and month end closing processes.
• Strong ability to use Microsoft Excel, Word, and Power BI. Ability to use ERP based accounting systems (i.e. Oracle).
• Application of financial analytical skills (Desired).
• Knowledge of NAIC statutory accounting principles for insurance companies.

Soft Skills (Required):

• Works well in a team environment.
• Ability to apply critical thinking and analytical skills.
• Strong written and verbal communication skills (Desired).
• Can present issues and possible solutions to problems.

Disqualifiers/Red Flags/Over qualifications:

• Insignificant time at multiple employers.
• Lack of financial reporting experience.
• Less than 5 years experience.

Travel Requirement:
None

Export Control Requirements:
No