Staff Accountant

2 months ago

Little Ferry, United States Group1001 Full time

Group 1001

is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary:

The Staff Accountant will contribute to the efficient and effective workings of the accounting department by executing daily tasks with a strong attention to detail. This role will utilize strong accounting knowledge, time management skills and effective problem solving to ensure success.

Key Responsibilities:

Strong understanding of all transactional finance including but not limited to Interest calculations, intercompany transactions, Debt and Equity investments, Cash, Banking, Trade activities etc. This role will require that the candidate possess the ability to operate within a deadline driven environment and be able to multitask not only their day-to-day responsibilities, but also conduct special ad hoc requests/projects as they arise. Support monthly/quarterly/year end close processes by preparing journal entries for multiple entities assigned and reconcile all balance sheet accounts. Prepare and journal entries and other transactions in the accounting system while preparing and maintaining relevant supporting workpapers. Prepare GL account reconciliations while maintaining relevant supporting workpapers. Responsibility for timely monthly, quarterly, and annual close adhering to a close schedule. Organize and prepare supporting information and reports for annual financial audit and work with outside auditors. Work with 2 systems – (1) Asset Management subledger and (2) Accounting / consolidation system and ensures reconciliation between both systems. Document any process or policy changes to ensure procedures are up to date for someone else to back up work. Additional projects as assigned.

Core Competencies:

Accountable - Accepts responsibility for their work and goal attainment for their teams. Action-Oriented - Maintains a sense of urgency to complete a task and seeks information rather than waiting for it. Active Listening - Attentively listens to others, understanding what is said and repeating what was heard. Collaboration - Process of working with multiple individuals to complete a task or achieve a goal. Communication - Communicates effectively and efficiently both verbally and in writing. Consistency - Ensures the same process is used when making decisions to eliminate perceived inequalities. Creative - Ability to develop something unique that would not naturally evolve on its own, think outside the box. Detail Oriented - Pays attention to details and learns to understand causes and not just effects. Efficient - Ability to work and identify processes with the least amount of waste (time, materials or other resources) possible. Execution - Seeing projects through to completion and meeting deadlines. Multi-Task - Execute on more than one task at the same time. Organized - Prioritize tasks in an efficient way to support the attainment of larger company goals. Problem-Solve - Assesses situations quickly and provides creative solutions for resolution. Relationship Building - Investing in relationships to best achieve shared results. Results-Oriented - Ability to focus on desired outcomes while determining how goals can be achieved. Strategic - Ability to generate ideas based on unique business insights and opportunities intended to create a competitive advantage. Time Management - Ensures performance helps maintain desired service levels.

Qualifications:

Bachelor’s degree from an accredited university or college in Accounting or Finance 2 – 6 years of experience in a role with similar responsibilities; experience in a Financial Services or Insurance environment a plus Knowledge of Generally Accepted Accounting Principles Proficiency in Microsoft Excel Previous experience with Workday a plus Previous experience with Investment or insurance accounting a plus

Compensation:

Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $64,000/year in our lowest geographic market up to $80,000/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Benefits Highlights:

Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. #J-18808-Ljbffr

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