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Senior Accountant

1 month ago

Minneapolis, Minnesota, United States SFM Mutual Insurance Companies Full time
About the Role

The Senior Accountant at SFM Mutual Insurance Companies will be part of the Finance Team, providing high-quality financial services to the entire organization. This role involves executing accurate and timely financial statements and regulatory filings, participating in the annual budget process, and driving accurate journal entries.

Key Responsibilities
  • Drives accurate and efficient journal entry posting and creates all relevant supporting documentation.
  • Reconciles general ledger account balances to source systems and documents, resolving discrepancies for future alignment.
  • Reviews account balances for large variances or unusual amounts.
  • Prepares financial statements, schedules, and analysis to support financial, tax, and regulatory reporting requirements following Statutory Accounting Principles (SAP).
  • Trains and mentors finance team members on system capabilities, partnering to explore and implement enhancements to processes.
  • Reviews the work of other finance team members and provides learning opportunities to further enhance knowledge, accuracy, and efficiency.
  • Assists in annual budget process and budget variance reports.
  • Supports Company's external auditors by providing documentation and validation of process and data.
Requirements
  • Bachelor's degree in accounting and/or finance, or related field with significant relevant experience.
  • Five or more years' experience of insurance accounting (Statutory Accounting) or similar GAAP experience.
  • CPA designation preferred.
  • Insurance industry experience is a plus.
  • Advanced knowledge of insurance accounting practices and applicable tax requirements highly desirable.
  • Strong knowledge in GAAP.
  • Proficiency in the use and navigation of financial accounting systems, Microsoft Office suite, regulatory software, and other analytical tools.
  • Excellent math and analytical capabilities.
  • Demonstrated commitment to accuracy; able to work through details while maintaining focus on overall objective(s).
  • Demonstrated ability to work in a fast-paced environment with changing priorities.
  • Must be organized with the ability of manage multiple priorities and deadlines.
  • Ability to apply discretion and maintain confidentiality.
About SFM Mutual Insurance Companies

SFM Mutual Insurance Companies is an employee-centric organization that values its employees as the reason for its success. We believe that our employees are the reason why SFM is the leader in the field of Workers' Compensation Insurers.

We offer a hybrid work schedule, a semi-paperless environment, and a range of benefits, including affordable medical, dental, and vision insurance, flexible hybrid work environment, and opportunities for annual gainshare bonus.

Join us and discover why SFM employees choose to grow their careers here.