Job Description
AD Accounting Reporting The Hartford•3.6 Hartford, CT Job Details Full-time $102,800•$154,200 a year 23 hours ago Qualifications Data quality checks Accounting systems Financial close processing Master's degree in business administration Systems integration IBM Planning Analytics CPA Data analysis reporting Bachelor's degree in finance AI tools proficiency Accounting experience within insurance industry Financial statement analysis SOX Financial performance report preparation Finance Consolidated financial statement preparation Analysis skills Bachelor's degree GAAP Financial workflow efficiency improvements Quality issues Data quality monitoring Quality improvement Balance sheet reconciliation Financial statement interpretation Closing the books Variance analysis reporting Process improvement planning Bachelor's degree in accounting Senior level
Full Job Description Job Details Location:
Hartford, CT Category:
Finance Employment Type:
Full time, Hybrid Job Ref:
R2625727-168 AD
Accounting Reporting•FA07AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals•and to help others accomplish theirs, too. Join our team as we help shape the future. This position is within the Accounting Operations group of the Corporate Controllers organization and is primarily responsible for the GAAP financial close. The team interacts with various business partners to ensure that GAAP financials for the Property and Casualty segments are accurate by Line of Business and on a consolidated basis. This role has great opportunity to gain exposure to multiple departments in the Finance organization and will be a key contributor to the monthly financial close process. Also, as part of the team, this role will be challenged to identify process improvements opportunities and empowered to implement solutions. This role will have a Hybrid work arrangement, with the expectation of working in an office ( Hartford, CT ) 3 days a week (Tuesday through Thursday). Responsibilities include:
Review, validate and understand underlying data components in certain administrative systems to ensure proper reporting of information, and support Line of Business Finance, Reinsurance and Actuarial teams with any questions. Review financials statements by segment for reasonableness. Serve as a quality reviewer of work prepared by others, identifying issues and resolving variances. Compare period actuals to outlook and prior periods and investigate material variances to understand key drivers for the movement; and to determine if adjustments are needed. Develop, maintain, and run various system allocations and reports from the general ledger and TM1. Perform monthly reconciliations of complex balance sheet accounts. Identify sources of all account activity and propose recommendations to resolve issues, where applicable. Review key balance sheet and income statement line items for reasonableness, research material changes from prior period/quarter to explain the variances. Contribute to quarterly and annual GAAP reporting deliverables, with a focus on accuracy, completeness, and audit readiness. Support various audit needs including those to support The Hartford's policies, SOX, internal audit, external audit, or other regulatory bodies. Understand and identify improvement opportunities for the existing processes, workflows, and procedures ensuring documentation is comprehensive enough to manage the accounts and resolve any issues. Lead and participate in projects impacting the administrative systems which include updates to existing platforms, integration of newly purchased applications, and special projects as a result of acquisitions or divestitures. Lead and participate in special projects requiring accounting expertise, generative AI, conduct ad-hoc analyses as needed, and provide solutions Qualifications:
Bachelor's degree in accounting, finance or related field, CPA, or MBA a plus. Big Four experience a plus. Minimum of 5 years' experience preferably with a history working in insurance accounting and/or public accounting. Critical thinking, analytical and quantitative skills; attention to detail. Ability to learn quickly and work independently, but also to contribute as part of a team. Strong communication, technical accounting, and problem-solving skills. Willingness to be flexible and able to successfully balance multiple competing priorities. Highly motivated and able to take ownership for meeting personal goals and objectives. Experience with financial systems:
general ledger, financial reporting, administrative systems etc. Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is: $102,800•$154,200 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
