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Trustmark
Sr. Financial Reporting Accountant I
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Based on Illinois data
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What they do
A Financial Reporting Accountant prepares financial statements and reports needed for a business to comply with regulatory requirements. Organizes and presents financial reports to company managers. May assist with preparation of company tax filings; may provide reports and point of contact for auditors during an external audit of a company.
$95,817 / year median in Illinois
-1% projected decline
Job Description
at Trustmark in Lake Forest, Illinois, United States Job Description Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities. About the role Responsible for preparing internal, external, and regulatory reports related to financial statements on a statutory and GAAP basis. Works closely with financial data, ensuring accuracy and compliance with relevant accounting standards. Analyze financial statements and reports to identify trends, variances, and key performance indicators. Consolidates financial data from various business units to present a comprehensive view of the organization's financial position. Ensures compliance with applicable accounting standards (e.g., GAAP or STAT ) and regulatory requirements. Assists external auditors as needed.
Reconciles GAAP financial statements and maintains Excel GAAP financial statements.
Prepares Trustco Statement of Cash Flows quarterly.
Completes D&T Codification Accounting and Disclosure checklist for the noninsurance companies and all requests needed for all audited financial statements.
Researches GAAP pronouncements to determine impact on Trustmark financials.
Coordinates with internal and external auditors during audits, providing necessary documentation and explanations. +
Compile data, ensuring completeness and accuracy; and detailed documents support the reports. +
Key Accountabilities:
+Statutory Reporting:
Completes more complex quarterly and annual statutory filings. For all NAIC filings, accountable for the more voluminous and complex schedules, exhibits and Notes. Identifies, initiates, tests and implements process improvements to make more efficient. +GAAP Accounting and Reporting:
Prepares and consolidates quarterly and annual financial statements for the non-insurance entities. Maintains and communicates configuration changes.Reconciles GAAP financial statements and maintains Excel GAAP financial statements.
Prepares Trustco Statement of Cash Flows quarterly.
Completes D&T Codification Accounting and Disclosure checklist for the noninsurance companies and all requests needed for all audited financial statements.
Researches GAAP pronouncements to determine impact on Trustmark financials.
Coordinates with internal and external auditors during audits, providing necessary documentation and explanations. +
Audited Financial Statements:
Prepares GAAP and aids with all other insurance legal entity audit reports as needed.Compile data, ensuring completeness and accuracy; and detailed documents support the reports. +