Senior Financial Accountant

2 weeks ago

Cincinnati, United States Western & Southern Life Full time

Overview:

Summary of Responsibilities:

Performs complex Enterprise financial accounting and/or budgeting and cost accounting, reporting and analysis. Prepares journal entries on a day-to-day basis to properly record financial transactions. Prepares regulatory, external and internal financial reporting. Prepares financial analysis, presenting results to departmental and shared service leadership. Participates as a subject matter expert on technical accounting matters and as a team leader/member on special projects. Works with minimal supervision and is responsible for making an established range of decisions, escalating to management when necessary.

Responsibilities:

Position Responsibilities:

  • Prepares complex general ledger accounting entries for life insurance subsidiaries and non-life entities, on both a statutory and GAAP basis.

  • Executes comprehensive variance analysis of financial results for business unit and shared service leadership.

  • Partners with organizational peers to present results to department leadership and BU analysts to support business unit decision-making, budget analysis and strategic initiatives.

  • Prepares regulatory, external and internal reporting for distribution to management, Board of Directors, regulators and rating agencies.

  • Leads targeted departmental initiatives and is a resource on large-scale enterprise initiatives. Leads coordination with external stakeholders on department projects (i.e., auditors).

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

  • Identifies accounting issues impacting the insurance and non-life companies, researches and escalates issues.

  • Maintains technical accounting expertise of other statutory and GAAP accounting principles. Formalizes results in technical accounting memos.

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

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

  • Performs other duties as assigned by management.



Qualifications:

Selection Criteria:

  • Typically having two to five years of related experience.

  • Demonstrated working knowledge, understanding and experience interpreting, utilizing and applying statutory and GAAP accounting rules and regulations. Cite examples that demonstrate proficiency in this area.

  • Demonstrated ability to analyze and interpret financial statements and apply a broad business perspective in summarizing results.

  • Demonstrated experience successfully acting as the lead on projects as well as a resource to other accountants.

  • Proven excellent verbal and written communication skills and experience communicating to and influencing opinion in large and small groups.

  • Demonstrated successful experience in problem-solving situations.

  • Must provide examples from work experience of going above and beyond the call of duty to assist team members.

  • Cite examples of self-motivation and proactive personal development.

  • Demonstrated ability to adapt communication styles and successfully articulate technical information to associates as well as various levels of management.

  • Proven agility handling multiple priorities within a fast-paced financial environment.

  • Demonstrated ability to handle confidential information with integrity and maturity.

  • Demonstrated commitment to quality, emphasizes the need to deliver quality products and/or services; defines standards for quality and evaluates products, processes and/or services against those standards; builds quality into each step of the process.

Work Setting:

  • 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:

  • Bachelors degree in accounting and/or finance-oriented field.

Computer Skills and Knowledge of Hardware & Software Required:

  • 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.):

  • Certified Public Accountant or MBA, preferred.

Position Demands:

  • Extended hours required during peak workloads or special projects.

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