Accounting Manager, Domestic Auto
Assurant - new york city, NY
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Overview of Position Assurant has an exciting opportunity for an Accounting Manager for our Domestic Auto segment! As an Accounting Manager you will be responsible for managing a team of accountants who will collectively own the domestic auto results by client. This individual must possess critical thinking, analytical and problem-solving skills and is a trusted individual who can be counted on to provide consistent, high-quality results, and who will function as the point of contact with the business and FP&A for client results. What will be my duties and responsibilities in this job? Lead, manage, and develop team of accountants with a dedicated focus on monthly/quarterly results. Act as a subject matter expert on individual clients that includes risk structures, remittance types, change in products. Identify, propose, and support implementation of continuous improvement opportunities with a focus on reducing manual process risk and increasing team capacity. Evaluates the accounting impact of changes in risk structures, products, enhancements to meet the business demands and leads the cross-functional working group that facilitates the successful implementation and documentation of those accounting changes. Develops a monthly analytical review process that positions the domestic auto team to proactively identify errors and report material changes in client results. Partners and collaborates extensively with the business, FP&A, program accounting and actuarial to understand and document client results. Perform analysis by client on high-risk areas such as DAC, 606 disclosures, fee income. Develop and maintain reports that provide a comprehensive view of client results for both GAAP and STAT and applicable legal entities. Understands moderately complex warranty accounting and documents the "why" behind the transactional activities. Develops documentation to provide knowledge transfer to accounting teams of client contracts and key accounting implications, client conversions and/or enhancements. Performs other related duties as required to promote the overall process improvements, efficiencies, and effectiveness to support our internal and external customers. Responsibility for the work of others Total accountants: 10 with 4 onshore and 6 offshore Responsibility for managing project resources Financial Responsibility Support in management of overall Domestic Auto cost center budget. What are the requirements needed for this position? Education: College degree in accounting, plus CPA, chartered accountant or equivalent designation required: CPA / ACA / ACCA / CIMA Experience: Minimum of 5 years of experience in an Accounting/Finance leadership role Property and Casualty Insurance experience Effectively managing teams remotely Knowledge and Skills: Strong technical acumen; US GAAP knowledge including knowledge of insurance accounting principles and revenue recognition standard. Proven experience in improving processes and controls. Solid understanding and experience with internal control frameworks Excellent verbal and written communication skills Experience in preparing consolidated financial statements. Ability to manage numerous projects/deadlines and prioritize workload accordingly. Ability to work collaboratively across departments and overcome challenges. Strong Microsoft Office skills Experience leading teams and assessing and developing talent. What other skills/experience would be helpful to have? Knowledge of US GAAP accounting for Insurance companies, and revenue recognition principles CPA preferred. Insurance Accounting 2 years public accounting experience Experience in Insurance Accounting Proficient use of advanced Excel Familiarity with basic SQL query applications Experience with SOX control framework #AssurantProudMS Pay Range: $84,100.00 - $140,500.00 Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position. Expected application deadline is 10/28/2024 If date is blank then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis. Helping People Thrive in a Connected World Connect with us. Bring us your best work and your brightest ideas. And we'll bring you a place where you can thrive. Learn . For U.S. benefit information, visit . For benefit information outside the U.S., please speak with your recruiter. What's the culture like at Assurant? Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America's Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way. Company Overview Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world's leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products. Equal Opportunity Statement Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.
Created: 2024-10-29