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Senior Accountant

2 months ago

Louisville, United States Sompo International Holdings Ltd Full time
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Accountant in our Finance Accounting team.

The Senior Accountant will actively participate in various aspects of the monthly/quarterly close process and other ad-hoc projects as assigned. The successful candidate will have excellent interpersonal communications skills, solid knowledge of IFRS and GAAP accounting standards, Company's ledger system (e.g. SAP), be able to work independently as well as lead teams, support the maintenance and future configuration of these environments and the affected stakeholders. The Senior Accountant will report to the AVP of Financial Accounting.

Location: This position will be based out of our Louisville, KY office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you'll be doing:
  • Prepare and post journal entries for all designated entities, while ensuring adequate supporting documentation is provided. Key areas include cash, fixed assets, accruals, debt, intercompany loans, prepaid expenses, capital contributions/dividends to/from subsidiaries, other assets/liabilities, and various expense related areas
  • Prepare monthly, quarterly, and annual Balance Sheet account reconciliations
  • Perform operating intercompany reconciliations/settlements and partner with team members to drive continuous improvements over the intercompany reconciliation and settlement process
  • Perform in-depth G&A fluctuation analysis
  • Perform Balance Sheet and Income Statement monthly variance analysis by entity
  • Oversee claims payment and funding activities for our Third-Party Administrators (TPAs)
  • Monitor and reconcile TPA monthly activity
  • Perform data integrity checks within systems and report/resolve discrepancies promptly
  • Prepare supporting schedules and supplemental reports
  • Continuously drive automation of reporting data
  • Proactively participate in continuous process improvements within the North America Finance team and the broader Global Finance organization
  • Interact daily with the Accounts Payable, Business Services, Financial Planning & Analysis, Technical Accounting, and Treasury departments
  • Assist in project work, including performing testing over system integration data feeds and evaluating data for accuracy, completeness, and classification
  • Actively participate AD Hoc Projects, including accounting policy/procedures documentation and KPI Metrics
  • Proactively leverage systems (SAP, BlackLine, Tagetik) and assist the Financial Accounting team to challenge existing processes
  • Continuously drive change and acceleration of the monthly/quarterly close process
  • Engage and align with key stakeholders to increase awareness of change initiatives
  • Assist with internal/external audit requests and maintain controls documentation
What you'll bring:
  • Bachelor's degree in finance, accounting, or MIS with business concentration
  • CPA, MBA, and/or Masters in Finance preferred
  • 7+ years' experience supporting software within a large corporate environment
  • Strong awareness of IFRS Accounting Standards and US GAAP
  • Self-motivated and exhibits ability to build strong relationships with management and team members at various levels, both locally and remotely (US, Bermuda & UK)
  • Ability to analyze processes and to develop improvements
  • Detail oriented and logical/disciplined approach to problem solving
  • Can manage work effectively, is flexible and adaptable to a rapid changing environment
  • Demonstrate positive attitude and strong interpersonal skills, should be able to effectively collaborate and interact with others
  • Takes the initiative to improve processes and to resolve problems
  • Ability to manage multiple initiatives simultaneously, prioritize functions, and meet deadlines
  • Demonstrates strong analytical, verbal, written, interpersonal, prioritization, and time management skills
  • Insurance/Reinsurance knowledge preferred
  • Additional working hours are required at peak periods
  • Strong knowledge of SAP General Ledger Accounting System is preferred
  • Experience with a reconciliation/journal tool (i.e., BlackLine) is a plus
  • Advanced proficiency Microsoft Office products (Excel, Access, PowerPoint), including ability to parse and analyze and interpret large data outputs
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits


In today's world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.