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Sr. Accountant of Financial Reporting Job from TelecomCareers
Sr. Accountant of Financial Reporting | Global Life Insurance Co. | New York NY 10292 USA |
Job Description:
In this role, the selected candidate will perform general ledger account analysis and reconciliations for both balance sheet and income statement accounts to provide supporting information for the monthly / quarterly financial GAAP and Statutory financial statements. Job ID:SASSRCH86796Job Title:Senior Accountant, Financial ReportingPosted For:Global Life Insurance Co.Salary Range:$90,.00 to $100,.00Location:New York, New York 14Minimum Requirements:Minimum 4 years of related business experience in the Health / Life Insurance Industry Strong written and oral communication skills both internally and with external partiesDemonstrated ability to make decisions using sound judgmentDemonstrated strong commitment to deliver timely resultsAbility to manage multiple projects with multiple deliverables simultaneouslyAbility to evaluate processes and controls to develop recommendations to enhance.Ability to adapt to changing business priorities and environments.Ability to work effectively with associates from across the Group Profit Center and with Corporate Knowledge:  Strong knowledge of GAAP and Statutory Accounting  principles including experience in the preparation and filing of quarterly and annual statutory statements and related schedulesGroup Insurance Industry knowledgeStrong knowledge in use of MS Excel including Macros and Pivot tablesWorking knowledge of MS Word, MS Access and the use OLAP software such as EssbaseKnowledge of accounting/internal control procedures development and documentation.Working knowledge of Peoplesoft General Ledger and Accounts Payable Modules Working knowledge of mainframe IT systems an asset Education:Bachelor’s Degree with a major  in AccountingCertified Public Accountant Designation – Preferred but not required Other Requirements: Required to work overtime to achieve quarterly closing and regulatory reporting schedulesApplicant must meet ALL of these requirements.Description:Position Objective: The overall objective of this position is to support the Statutory and GAAP (Generally Accepted Accounting Principles) Insurance Accounting and Financial Reporting functions of the Group Profit Center.  Responsibilities include preparation of journal entries and supporting schedules, reconciliation of key accounts and analysis of financialdata included in the development of Group Profit Center monthly and quarterly financial statements.   In addition, the position will require the preparation and submission of Group Profit Center information for various annual statement exhibits and state regulatory filings in conjunction with Corporate Statutory Reporting timelines.  This position is responsible for preparing supporting documentation and workpapers for the internal and external auditors and assisting in the completion of audits as required.   Finally, the position will look to identify, communicate and implement process improvement projects to enhance accounting and reporting controls and provide efficiencies in the financialreporting process.Major Opportunities and Decisions:The position requires a good understanding of Statutory and GAAP accounting.  To be successful in this position, the employee should possess a detail oriented mindset to ensure accuracy of data contained in general ledger, account reconciliations and workpapers that supporting financial statements; as well as, develop a good understanding of multiple types of group insurance coverage to provide pertinent financial analysis to profit center management and product line strategic business units (SBU).  Developing strong computer skills especially in the use of MS Excel, PeopleSoft General Ledger and Essbase.  The position requires the ability to prioritize work to perform and complete multiple tasks and projects within specific deliverable timeframes. In connection with COMPANY's overall finance functions, this position will be required to interface with numerous COMPANY associates both within the Group Profit Center and outside the Group Profit Center. Principal Accountabilities:Perform general ledger account analysis and reconciliations for both balance sheet and income statement accounts to provide supporting information for the monthly / quarterly financialGAAP and Statutory financial statements.Actively supports Group product line accounting operations and financialreporting processes through communication with Product area teams to determine financial data needs and providing the necessary information through the preparation of accurate product line journal entries and analytics.Preparation of accurate and timely financial information schedules supporting Annual Statement Exhibits and various state regulatory filings. Activity requires interaction and coordination with Product Area, Corporate Statutory Reporting and Group ActuarialIdentify, communicate and perform process improvement projects to enhance accounting and reporting controls and provide efficiencies in the financialreporting process.Support annual audit process and assist in the development and enhancement of internal control procedures through documentation of procedures and maintenance of worksheet controls.Develops and maintains advanced financialreporting and analytical tools via PeopleSoft, Essbase, PeopleSoft Queries and MS Excel Pivot Tables and MacrosDimension: Total Group Profit Center premiums - $3 billionMajor Group Product Lines of Business – 8Annual Statutory Exhibits and Regulatory filings prepared - 40The above description includes most significant duties performed.  However, other occasional work assignments not mentioned are assumed to be included.  Management reserves the right to assign and/or reassign duties and responsibilities at any time.
Categories: Unspecified





New York



Contact Name: -
Job Code: 32959485

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