Financial Analyst

5 days ago

Fremont, Michigan, United States A-Line Staffing Solutions Full time
Job Summary:

The Financial Analyst will be responsible for performing routine general ledger accounting, assisting in the creation of financial statements, and providing financial reporting and financial variance analysis. This role will also involve preparing journal entries on a day-to-day basis to properly record financial transactions, and assisting in the preparation of monthly, quarterly, and annual financial statements, as well as additional financial reporting.

Key Responsibilities:

• Perform routine general ledger accounting responsibilities for life insurance subsidiaries, on both a statutory and a GAAP basis
• Assist in the preparation of routine monthly, quarterly, and annual financial statements and additional financial reporting for distribution to management, the Board of Directors, regulators, and rating agencies
• Provide monthly financial variance analysis of selected general ledger accounts, and escalate comments to department leadership, as needed
• Assist in the implementation and maintenance of effective processes and procedures for completing and improving work
• Assist management in identifying and developing analysis tools necessary to help manage the business
• Identify accounting issues impacting the company and notify appropriate personnel, when needed
• Maintain working knowledge of current statutory and GAAP accounting principles
• Complete fixed assets reporting, including analyzing Construction in Progress accounts, recording assets, organizing annual physical inventories, reconciling physical inventory report and fixed asset systems, retiring assets, preparing monthly depreciation journal entries, and preparing monthly fixed asset reports, such as Roll Forward Schedules, Construction in Progress analysis, Fixed Asset reports, and depreciation expense reports
• Participate in the administration of unclaimed property reporting functions
• Perform routine account reconciliations in order to ensure the integrity of financial data
• Participate as a resource on special projects, including testing of new systems and processes
• Leverage operational excellence to identify, evaluate, and implement changes to improve efficiency and reduce risk

Requirements:

• 2-3 years of professional accounting experience required
• Demonstrated knowledge and understanding of statutory and GAAP accounting principles
• Proven ability to analyze and interpret financial statements
• Ability to cite examples of applications of accounting principles to business situations
• Strong MS Excel skills, including experience utilizing V-Lookups and supporting large dataset management and reporting functions
• Demonstrated, successful experience in problem-solving situations
• Proven experience handling multiple priorities in a fast-paced environment
• Demonstrated commitment to quality, emphasizing the need to deliver quality products and/or services
• Demonstrated ability to adapt communication styles and effectively communicate technical information to associates at various levels
• Proven excellent verbal and written communication skills, with experience communicating with large and small groups
• Insurance industry background preferred
• Bachelor's Degree in Accounting, Finance, or other related field required; Master's Degree in a related field and/or Certified Public Accountant (currently certified or pursuing certification) preferred

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