Senior Financial Reporting Specialist

2 weeks ago

Chevy Chase, Maryland, United States GEICO Full time
Job Overview

The Controller division is in search of a detail-oriented and driven professional to undertake a comprehensive range of sophisticated accounting functions aimed at ensuring the accuracy and timeliness of general accounting records. This division is responsible for adhering to GAAP and Statutory financial reporting, which encompasses financial statements, disclosures, analyses, and various regulatory submissions.

As a Principal Accountant, your role will involve executing intricate accounting tasks for financial, regulatory, and management reporting, alongside preparing account analyses and reconciliations. Beyond routine responsibilities, you will be tasked with investigating new accounting standards and contributing to automation initiatives. Additionally, you will provide guidance to other accounting personnel in meeting their deliverables.

Work Environment

This hybrid position necessitates an on-site presence three days a week at designated office locations.

Key Responsibilities:
  • Preparation of journal entries in the accounting system, ensuring appropriate documentation and calculations are obtained for each entry.
  • Conducting account reconciliations and performing thorough reviews of balance sheet accounts to facilitate process enhancement and standardization.
  • Assisting in the implementation of new accounting standards and regulatory mandates.
  • Compiling reporting data to support disclosures for inclusion in regulatory filings.
  • Contributing to ongoing improvement, automation, and internal control initiatives aligned with corporate strategies, including driving the automation of specific accounting tasks.
  • Preparation of various state filings and surveys.
  • Providing mentorship and training to fellow accounting staff members.
  • Supporting special projects, initiatives, and ad-hoc requests.
Required Qualifications:
  • Bachelor's degree in accounting, finance, business administration, or a related field.
  • A minimum of four years of experience in public accounting or a relevant corporate accounting setting.
  • Outstanding communication skills, both written and verbal.
  • Ability to work independently as well as collaboratively within a team.
  • Proficiency in managing multiple responsibilities and meeting deadlines.
  • Strong organizational, analytical, and problem-solving capabilities.
  • Capacity to learn and apply technical accounting and procedural information.
  • Able to thrive in a fast-paced, dynamic environment with competing priorities.
  • Willingness to work overtime during peak periods.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio, VBA).
Preferred Qualifications:
  • CPA certification.
  • Experience in designing and maintaining effective internal control structures.
  • Proven ability to lead cross-functional teams in support of organizational and continuous improvement projects.
  • Prior experience in insurance accounting.
  • Familiarity with Workday Financials general ledger application.
  • Experience with Wings Annual Statement reporting software.
  • Knowledge of accounting systems and automation projects.
Compensation:
The annual salary range for this position is $98,000 to $154,000. This range serves as a general guideline, with multiple factors influencing the final compensation offered to the selected candidate.

Benefits:
As an Associate, you will benefit from our Total Rewards Program designed to secure your financial future and promote your health and well-being, which includes:
  • Comprehensive Medical, Dental, and Vision Insurance with no waiting period.
  • Paid Vacation, Sick, and Parental Leave.
  • 401(k) Plan.
  • Tuition Reimbursement.
  • Paid Training and Licensures.


The equal employment opportunity policy of the GEICO Companies ensures fair and equal employment opportunities for all associates and job applicants, irrespective of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability, or genetic information, in compliance with applicable laws.

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