FBS - Accounting Associate

Job Title

Our Client is one of the United States' largest insurers, providing a wide range of insurance and financial services products with gross written premium well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our Client is part of one the largest Insurance Groups in the world.

Team Function

Is responsible for the expense planning and management of expenses for the Office of General Counsel, Risk, Procurement, Real Estate and People, Communication and Culture team.

The team prepares annual plans for each team and then reports and manages expenses in relation to plan communicating with the ExCo and their teams.

Prepares and maintains general and subsidiary ledgers, financial records; prepares financial statements and reports for assigned companies; analyzes and interprets accounting records.

Role Description

This role will function as the associate responsible for monthly review, analysis and report preparation for the Office of the General Counsel expenses.

Duties include reviewing expenses in SAP, journal entries, monthly actual to plan reporting and preparing annual expense plan.

Reconciliation of bank and general ledger accounts. Identifies adjustments, corrective action, and prepares documentation in support of the reconciliation.

Prepare and analyze financial statements, various reports, and financial records for assigned books of business or companies.

Prepares, processes, and validates recurring and miscellaneous accounting entries (journals / payments).

Maintains general and subsidiary ledgers and records for assigned companies.

Prepares reports and statements for various state and regulatory filings for assigned companies.

Performs other duties as assigned.

Promotes safety at all times and complies with safety / ergonomic standards as outlined in relevant company published manuals.