POSITION OVERVIEW

Subject matter expert performing complex finance functions including, but not limited to accounting, financial reporting, or analysis with minimal instruction or guidance.  Utilize general accounting and financial principles and techniques to support various activities within and outside of financial management covering complex assignments with diverse scope.

DEPARTMENT OVERVIEW/EXPECTATIONS

The mission of the Financial Management Team is to act as stewards for the financial strength of the company, and proactively influence our financial position to support the execution of the company’s strategy in a way that embodies the company’s core values.  The Financial Management Team will:

• Facilitate the understanding and management of risks and opportunities, communicate these in a clear and timely manner, and provide reliable and actionable business insights.
• Understand current best practices and emerging industry trends to meet ongoing measurement and reporting requirements.
• Ensure an efficient, effective and evolving control framework that mitigates risk.
• Creatively and critically think about our processes, systems and services to continuously improve the quality of information used in decision making.
• Operate as an effective team of diverse, talented professionals who value continuous learning and reward strong performance.
• Build strong relationships and collaborate across the company to guide the execution of the Company strategy.

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RESPONSIBILITIES

• Participates in processes to ensure accuracy and completeness of financial records
• Supports internal and external audit requests
• Keeps apprised of the changing accounting and regulatory landscape through research of technical guidance
• Documents business processes, identifies controls and deficiencies in business processes, and tests identified controls
• Verifies the accuracy of journal vouchers and accounting classifications, and completes associated account reconciliations
• Offers leadership and direction to others and may have supervisory responsibilities
• Identifies, recommends and implements ongoing process improvements
• Applies accounting knowledge and has direct responsibilities for the completion of:
  • Quarterly accruals for insurance companies, including but not limited to Actuarial, Tax, Intercompany reinsurance
  • Coordination of intercompany accounting and reconciliations between Penn Mutual and affiliates
  • Statutory and GAAP consolidation
  • Tracking of quarterly close entries to ensure timely completion
  • Collaboration with other business areas to understand their accounting needs, and enhance processes
• Complies with all company and site policies and procedures
• Performs various other related duties, assignments and special projects as assigned

Required Skills

• Strong data analysis skills including the ability to work with pivot tables, advanced formulas and modeling
• Ability to effectively communicate with all levels and present information (written and verbal) clearly, consistently and accurately
• Strong critical thinking and problem solving skills
• Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
• Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
• Ability to work with others in a collaborative team environment

Required Experience

• 5 years of related accounting experience
• Public Accounting experience strongly preferred
• Life insurance statutory and GAAP or broker-dealer accounting experience is required
• GL conversion experience would be beneficial

EDUCATION/LICENSES/PROFESSIONAL DESIGNATIONS

• Bachelor’s degree in accounting
• Master’s degree in accounting is a plus
• CPA is strongly preferred

SALARY LEVEL = 21

ALL ASSOCIATES EXEMPLIFY OUR PENN MUTUAL VALUES: 

ACTING WITH INTEGRITY—We have the conscious intention to do the right thing.

RESPECTING ONE ANOTHER—We see each other’s distinctiveness as a valued asset.

FOCUSING ON RELATIONSHIPS—We foster meaningful connections with others.

SUSTAINING OUR LEGACY—We are trusted guardians for what we promise.

A SHARED SENSE OF BELONGING—We evoke our place as part of a world that we influence and influences us.

FOR LEADERSHIP ROLES WITHIN PENN MUTUAL, WE BELIEVE THE BELOW CHARACTERISTICS ARE ESSENTIAL: 

EXECUTION FOCUSED—Gets it done.  Drives progress and results towards strategic objectives.

STRATEGIC–Sees the big picture. Challenges boundaries, takes risks and innovates to execute and advance Penn Mutual’s strategy.

AUTHENTIC–Keeps it real. Is principled, transparent, trustworthy and accountable.

DECISIVE – Makes the call. Demonstrates courage, confidence and a bias for action.

EMPOWERING – Develops people. Sets clear expectations, delegates effectively and encourages risk taking.

INFLUENTIAL – Sets the tone. Inspires, motivates and persuades others through their decisions and actions.

PENN MUTUAL IS COMMITTED TO EQUAL EMPLOYMENT OPPORTUNITY (EEO). WE PROVIDE EMPLOYMENT AND ADVANCEMENT OPPORTUNITIES TO ALL QUALIFIED APPLICANTS AND ASSOCIATES, ACCORDING TO APPLICABLE LAWS. THIS IS REFLECTED IN OUR PRACTICES FOR HIRING, PLACEMENT, PROMOTION, TRANSFER, DEMOTION, LAYOFF, TERMINATION, RECRUITMENT, COMPENSATION, SELECTION OR TRAINING, AND ALL OTHER TERMS AND CONDITIONS OF EMPLOYMENT.  ALL EMPLOYMENT-RELATED DECISIONS AND PRACTICES ARE FREE FROM UNLAWFUL DISCRIMINATION.  THIS INCLUDES: RACE, CREED, COLOR, NATIONAL ORIGIN, ANCESTRY, CITIZENSHIP AGE, GENDER (INCLUDING PREGNANCY), SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, DOMESTIC PARTNERSHIP OR CIVIL UNION STATUS, MARITAL STATUS, GENETIC INFORMATION, DISABILITY, RELIGIOUS OBSERVANCE OR PRACTICE, LIABILITY, VETERAN STATUS OR ANY OTHER CLASSIFICATION PROTECTED UNDER APPLICABLE LAW.

LEADERS MAY, AT THEIR DISCRETION, CHANGE THE RESPONSIBILITIES IN THIS POSITION DESCRIPTION AT ANY TIME DUE TO REASONABLE ACCOMMODATION AND/OR OTHER BUSINESS REASONS.

• Strong data analysis skills including the ability to work with pivot tables, advanced formulas and modeling
• Ability to effectively communicate with all levels and present information (written and verbal) clearly, consistently and accurately
• Strong critical thinking and problem solving skills
• Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
• Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
• Ability to work with others in a collaborative team environment