Financial Accountant

Recruiter
Altitude Staffing
Location
Columbia
Salary
Competitive
Posted
09 Jun 2018
Closes
20 Jun 2018
Sector
Insurance
Contract type
Permanent
Hours
Full time
Job Description

A key member of the finance team that is responsible for technical accounting and reconciliations. This role will support the finance team in the completion of financial statements in accordance with generally accepted accounting principles (GAAP) and statutory accounting principles (SAP) and SOX controls.

Key Responsibilities:

?? Responsible for reinsurance billing and maintaining relationships with reinsurance brokers and affiliates

?? Prepare payment requests

?? Perform balance sheet reconciliations and resolve any discrepancies; create journal entries and adjustments when necessary

?? Prepare collateral calculations and interact with reinsurers to ensure adequate funding

?? Perform analytical review of financial results for assigned business and prepare commentary or explanations for period development

?? Provide responses for questions concerning financial results

?? Prepare profit sharing commission calculations related to conrtacts

?? Prepare Schedule F for annual regulatory reporting

?? Assist with preparation of reports and statements for various state and regulatory filings

?? Assist and provide support for internal/external audits and budget processes

?? In addition to key responsibilities, you may be required to undertake other duties from time to time as the company may reasonably require. Experience in operational accounting close work, performing data review and calculation of technical results

Required Skills:

?? Bachelor's degree in accounting or finance required, CPA and MBA preferred

?? Knowledge and experience in reinsurance accounting

?? Strong working knowledge in general ledger systems such as CODA

?? Must have good working knowledge of US GAAP and SSAP accounting

?? Have advanced Excel skills including pivot tables and complex formulas

?? 5 to 7 years accounting experience preferably in insurance industry

?? Strong analytical, problem solving and troubleshooting skills

?? Sound organizational skills

?? Accuracy and attention to detail is critical

More searches like this