Financial Accountant

Summary of Responsibilities:

Performs routine general ledger accounting and/or budgeting and cost accounting. Assists in the creation of financial statements and provides financial reporting and financial variance analysis. Prepares journal entries on a day-to-day basis to properly record financial transactions. Prepares monthly, quarterly and annual financial statements, as well as additional financial reporting. Participates on departmental initaitives and projects. Works under direct supervision and is responsible for making an established range of decisions, escalating to manager when necessary and updating manager on a regular basis.

Position Responsibilities:

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  Performs the routine general ledger accounting responsibilities for life insurance subsidiaries, on both a statutory and a GAAP basis.

• Prepares routine monthly, quarterly and annual financial statements and additional financial reporting, for distribution to management, the Board of Directors, regulators and rating agencies.

• Provides monthly financial variance analysis of selected general ledger accounts, and escalates comments to department leadership.

• Assists in the implementation and maintenance of effective processes and procedures for completing and improving work.

• Assists management in identifying and developing analysis tools necessary to help manage the business.

• Identifies accounting issues impacting the Company and notifies appropriate personnel.

• Maintains working knowledge of current statutory and GAAP accounting principles.

• Performs routine account reconciliations in order to ensure the integrity of financial data.

• Participates as a resource on special projects, including testing of new systems and processes.

• Leverages operational excellence to identify, evaluate and implement changes to improve efficiency and reduce risk.

• Performs other duties as assigned by management.

Selection Criteria:

Work Setting:

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  This position works in an office setting and remains in a continuous stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings. Position requires substantial movement of wrists, hands and fingers for continuous computer work.

Educational Requirements:

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  Bachelor’s degree in accounting and/or finance-oriented field.

Computer Skills and Knowledge of Hardware & Software Required:

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  Proficient in general ledger accounting and spreadsheet applications.

• Working knowledge of word processing and presentation applications.

Certifications & Licenses (i.e., Series 6 & 63, CPA, etc.):

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  Certified Public Accountant or MBA preferred.

Position Demands:

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  Extended hours required during peak workloads or special projects.