Accounting Manager​/Controller

Finance and Accounting Manager (Controller Track)

Raleigh, NC $-$ 1 month ago

In 1971, the North Carolina Forestry Association’s Self Insurer’s Fund was started, with plans to be a major force in the workers compensation insurance market, specializing in the wood products industry. It pioneered stable, competitive rates and introduced safety programs designed to keep our insureds safe in dangerous working environments. In 1999, the North Carolina Forestry Association’s Self-Insurer Fund became the North Carolina Forestry Association’s Mutual Insurance Company.

Shortly after, in 2000, the name changed for a final time to Forestry Mutual Insurance Company.

The Mutual is owned by the policyholders and guarantees them outstanding value through stable, competitive rates and a myriad of extensive loss control services. To keep this promise, the Mutual has the flexibility needed to adapt to changing economic conditions. The Mutual strives to take advantage of new opportunities as a business, while keeping the safety and success of our policyholders at the forefront of our mission.

• Responsible for managing accounting data and ensuring data integrity and accuracy for $21M insurance organization
• Assists CFO with researching and reviewing and maintaining new software packages including: general ledger package, expense report package, any other financial software packages
• Guides financial decisions by establishing, monitoring, and enforcing policies and procedures and maintaining written documentation for these policies.
• Protects assets by establishing and monitoring internal controls.
• Responsible for reconciling general ledger detail for both the Company, subsidiary, and Holding Company
• Prepares monthly financial statements for both the Company, subsidiary, and Holding Company utilizing both GAAP and Stat principals
• Prepares NAIC quarterly and annual Statements (Yellow book) including disclosures
• Work in the banking system to initiate ACH payments and confirm transations
• Work with TPA to balance investments and prepare Schedule D pages and footnotes
• Prepares and implements budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
• Prepares special reports by collecting, analyzing, and summarizing information and trends.
• Prepares and files appropriate tax returns and regulatory documents as needed
• Complies with federal, state, and local regulatory requirements as well as GAAP and NAIC principles.
• Maintain asset and depreciation schedules
• Works with Actuaries, Auditors, and Consultants to provide timely data
• Assists with HR and payroll related tasks
• Protects operations by keeping financial information and plans confidential.
• Contributes to team effort by accomplishing related results as needed.
• Cross trains with Staff Accountant on daily functions to serve as back-up
• Assist in special projects as necessary
• Reports to the CFO
• Manages and mentors one direct report

• Managing Processes, Financial Software, Developing Standards, Audit, Accounting, Corporate Finance, Tracking Budget Expenses, Financial Skills, Analyzing Information, Developing Budgets, Performance Management.
• Six plus years of progressive accounting experience in Insurance.
• BS Finance/Accounting or BA Math.
• CPA.
• MBA a plus.

• Mid-Senior level

• Full-time

• Accounting/Auditing and Finance
• Insurance