Senior Financial Accountant

2 weeks ago


Raleigh, North Carolina, United States James River Management Company Full time
Position: Senior Financial Accountant (Finance)

Company Overview:
James River Management Company is a prominent player in the excess and surplus lines sector, operating across various states and providing innovative solutions tailored to the unique needs of commercial property and casualty clients. Our commitment to excellence is reflected in our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork.

Job Summary:
The Senior Financial Accountant will play a crucial role in the preparation of financial statements in accordance with statutory and GAAP standards. This position involves managing daily financial reporting activities that support informed decision-making regarding the company's financial future.

Key Responsibilities:
1. Uphold and demonstrate the Core Values of Integrity, Accountability, Communication, Teamwork, Innovation, and Customer Service.
2. Assist in the preparation and entry of monthly and quarterly journal entries.
3. Contribute to the creation of internal and external monthly financial statements and annual audits.
4. Aid in the preparation and completion of annual and quarterly statutory financial statements.
5. Support cash application processes, accounts receivable, accounts payable, and bank account reconciliations.
6. Ensure compliance with internal controls and accounting policies, including SOX requirements, to maintain audit readiness.
7. Interact with regulatory authorities as needed.
8. Assist in the preparation of reinsurance reports and manage outstanding receivables.
9. Maintain systems and controls to ensure data integrity and enhance company value.
10. Participate in financial planning and analysis, including budgeting and forecasting.
11. Provide timely and accurate support to the Controller to meet the company's financial needs.
12. Engage in various special projects and compile necessary reports.
13. Adhere to all internal and external regulations and policies.

Qualifications:
- Bachelor's Degree in Accounting, Finance, or a related field is required.
- A minimum of three years of experience in corporate or public accounting or finance roles is required.
- Progress towards CPA designation is a plus.
- Experience in the Property and Casualty Insurance industry is preferred but not mandatory.

Skills and Abilities:
- Proficient understanding of GAAP, ledger management, account reconciliation, and audit procedures.
- Knowledge of statutory accounting and reinsurance accounting is advantageous.
- Excellent written and verbal communication skills.
- Strong analytical skills with meticulous attention to detail.
- High initiative and motivation with a strong work ethic.
- Ability to work effectively under pressure and manage multiple deadlines.
- Proficient in MS Office applications, particularly Excel.

Job Family: Finance
Job Sub Family: Accounting
Pay Type: Salary

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