The primary responsibility of the Senior Financial Accountant is to organize, coordinate, monitor, record, process and analyze both GAAP and STAT financial data and systems to ensure all required financial information is accurately recorded in the correct accounting period; and then to report this financial data to the Parent Company, the NAIC, all the states the Companies are licensed in, and any reporting agencies according to the appropriate financial reporting /accounting guidelines and principles

1. DAILY ROUTINE :(List in detail all the duties performed daily.)

• Ensure that the files from the various systems have been entered into the General Ledger.
• Complete various analyses and/or comparison of accounts to isolate any necessary corrections or adjustments.
• Complete any entries for payments, reclassifications, corrections or adjustments as needed.
• Supervise administrative personnel on general correspondence, balancing, organizing financial records, filing systems and any other reporting issues.
• Work together with other departments to resolve any financial/accounting/reporting related issues. ( General Accounting, Commission Accounting, Actuaries, Legal, Tax, Reinsurance agreements)
• Monitor accounting systems and processes or any issues or problems that need to be resolved with the Information Technology department or with any other departments.

1. PERIODIC ROUTINE :( LIST IN DETAIL ALL THE DUTIES PERFORMED ON A REGULAR BASIS LESS THAN DAILY SUCH AS WEEKLY, MONTHLY, QUARTERLY, ETC.)

• Coordinate the Month-End close with various departments and with Information Technology departments in to make sure all entries are done on time.
• Complete reviews of various accounts and make or facilitate any necessary corrections.
• Complete monthly/quarterly reports to aid in analysis of financial trend date.
• Prepare GAAP/STAT entries.
• Prepare monthly, quarterly and annual Corporate templates from financials and send to appropriate personnel.
• Prepare quarterly and annual Statutory reporting for the NAIC and the States as well as any reporting agencies.
• Coordinate the distribution of the quarterly and annual Statutory reporting via hardcopy and electronic or internet filings.
• Automate processes as the opportunity arises. (via Excel or Access)
• Offer back-up to Assistant Controller of Financial Reporting by cross training on their responsibilities.

1. OCCASIONAL DUTIES :(LIST ALL THE DUTIES PERFORMED ON OTHER THAN A REGULAR BASIS.)

• Various reports or analyses as determined by Sr.Vice President of Financial Reporting.
• Organize storage of financial data.
• Some exposure to Reporting Agencies, NAIC and State insurance agencies and internal departments.

Required Skills

TANGIBLE SKILLS:          

• Advanced Excel and Lotus spreadsheet skills.
• Good Computer based skills.
• Past experience with accounting system change-over to new systems.
• Extensive financial reporting and analysis skills.

INTANGIBLE SKILLS: 

• Ability to work well with other departments to aid in more efficient financial reporting functions and tools and foster goodwill between departments.
• Takes direction well yet is able to work independently without constant guidance.
• Shows initiative in daily interactions and workload.

Required Experience

1. EDUCATION: Bachelor’s Degree in Accounting, Certified Public Accountant preferred.
2. EXPERIENCE: Prefer 10 years’ experience in accounting and financial reporting.  Life/Health insurance accounting preferred.

TANGIBLE SKILLS:          

• Advanced Excel and Lotus spreadsheet skills.
• Good Computer based skills.
• Past experience with accounting system change-over to new systems.
• Extensive financial reporting and analysis skills.

INTANGIBLE SKILLS: 

• Ability to work well with other departments to aid in more efficient financial reporting functions and tools and foster goodwill between departments.
• Takes direction well yet is able to work independently without constant guidance.
• Shows initiative in daily interactions and workload.