Accountant

Lead Accountant – Corporate AccountingWhy choose us? Are you ready to take the next step in your career? Join us for an exciting opportunity at Albertsons Companies, where innovation and customer service go hand-in-hand!At Albertsons Companies, we are looking for someone who's not just seeking a job, but someone who wants to make an impact. In this role, you'll have the opportunity to lead, innovate, and contribute to the growth of a company that values great service and lasting customer relationships. This position offers the chance to work in a fast-paced, dynamic environment that's constantly evolving.What you will be doingThe Lead Accountant – Corporate Accounting with a Self-Insurance Accounting focus is a senior individual contributor responsible for overseeing the complex accounting, reporting, and analysis of the company's financial statements and self-insurance programs. This role operates at an equivalent level of an Accounting Manager but without direct HR responsibility for staff.The position provides functional leadership and day-to-day oversight of offshore resources, ensuring high-quality deliverables, adherence to internal controls, and timely completion of accounting activities. The Lead Accountant partners closely with cross-functional teams including Financial Reporting, Risk Management, FP&A, and external captive/claims administrators and actuaries to support financial reporting, forecasting, and compliance.Success criteria (6–12 months):Success in this role will be demonstrated by strong ownership, sound judgment, and a consistent focus on accuracy, along with the ability to deliver high-quality results and actionable insights in partnership with stakeholders.Specifically:Demonstrates ownership of the assigned Corporate Accounting responsibilities and oversight of the self-insurance accounting function, delivering accurate, timely, and well-supported financial resultsApplies a strong understanding of GAAP, self-insurance reserves and actuarial inputs, ensuring appropriate interpretation and application within financial reportingMaintains reliable and well-supported budget and forecast models that align with actual results and underlying business driversProactively identifies trends, risks, and variances, and helps facilitate informed discussions with FP&A, Risk Management, and executive leadership, including thoughtful recommendationsDemonstrates a high level of accuracy and attention to detail, with a focus on quality, completeness, and proactive issue identificationEffectively provides direction and support to offshore resources, contributing to improved quality, consistency, and efficiency of outputsEnhances and standardizes processes, including strengthening documentation, controls, and identifying opportunities for improvement or automationExercises sound judgment and increasing independence in navigating complex issues, appropriately involving stakeholders as neededEffectively manages competing priorities and delivers results during critical reporting and budgeting cycles, maintaining both timeliness and qualityMain responsibilities:Accounting & Financial ReportingLead the accounting and close processes for self-insurance reserves, including workers' compensation, general liability, other retained risk programs, and other assigned Corporate Accounting period close activities.Review and analyze actuarial reports; translate findings into accurate financial statement entriesEnsure proper recording of loss reserves, IBNR (incurred but not reported), and related accruals in accordance with US GAAPPrepare and review journal entries, account reconciliations, and financial statement disclosuresSupport multiple quarterly and annual reporting requirements, including audit deliverablesOperational Oversight (Offshore Coordination)Provide day-to-day direction, prioritization, and quality review of work performed by offshore accounting resourcesEstablish clear processes, documentation, and performance expectations for offshore teamsAct as the primary point of contact for issue resolution, escalations, and workflow optimizationDrive continuous improvement and standardization of processes across global teamsPerform detailed reviews to ensure accuracy and completeness of work; proactively identify and resolve errors before impacting financial resultsAnalysis & Business PartnershipPartner with Risk Management to understand claim trends, program changes, and exposure adjustmentsCollaborate with FP&A on forecasting and variance analysis related to self-insurance costsDevelop and maintain analytics to monitor reserve adequacy and financial impactsProvide insights to leadership on trends, risks, and opportunitiesPlanning & Budget AccountabilityThis role serves as the primary owner of self-insurance budget and forecast models, with responsibility for accuracy, insights, and alignment with business leadershipAccountable for the integrity and accuracy of self-insurance budget and forecast modelsOwn and maintain budget models related to self-insurance programs, ensuring alignment with financial results and underlying assumptionsMonitor actuals versus forecast and identify key variances, trends, and potential risksUpdate forecasts based on claims activity, actuarial updates, and evolving business conditionsPartner with FP&A, Risk Management, and leadership to refine assumptions and adjust forecasts as appropriateProvide clear, actionable insights and recommendations to support understanding of financial impacts and trendsSupport alignment with leadership on key assumptions, risks, and opportunities impacting the budgetEnsure transparency and clear communication of changes and impacts to stakeholdersControls & ComplianceEnsure strong internal controls over financial reporting, including SOX compliance where applicableMaintain documentation of key processes, assumptions, and judgmentsSupport internal and external audits, including preparation of audit schedules and responses to inquiriesProcess Improvement & LeadershipIdentify opportunities for automation, efficiency gains, and system enhancementsLead or participate in cross-functional projects related to insurance accounting or financial transformationServe as a subject matter expert (SME) on self-insurance accounting policies and practicesWe are looking for candidates who possess the following:Bachelor's degree in Accounting, Finance, or a related field. CPA strongly preferred.Minimum 7 plus years of progressive accounting or finance experience.Advanced Microsoft Excel skills, including complex formulas, data analysis, pivot tables, and financial modeling.Experience working with ERP systems such as SAP, Oracle, Workday, PeopleSoft, or similar platforms.Experience with reporting, analytics, and visualization tools such as Power BI, Tableau, Alteryx, or equivalent preferred.Experience developing, maintaining, and owning budgets and forecasts for complex liability-based or insurance-related programs.Demonstrated ability to analyze actual results versus forecast, identify key variances, and explain underlying business drivers.Experience partnering with FP&A and business stakeholders to develop assumptions, evaluate risks, and refine forecasts.Strong analytical skills with the ability to transform financial and operational data into actionable business insights and recommendations.Experience identifying automation opportunities and implementing process improvements through technology solutions.Demonstrated experience leading projects, processes, or teams without direct people management responsibility.Experience coordinating and reviewing work performed by offshore, shared services, or outsourced accounting resources preferred.Proven ability to provide functional leadership, direction, and quality oversight to team members or offshore resources without direct reporting authority.Experience effectively managing competing priorities and deadlines in a dynamic environment with multiple stakeholders.Strong collaboration skills with the ability to build productive relationshipsDemonstrated ability to influence decisions through expertise, sound judgment, and data-driven recommendations.Strong knowledge of U.S. GAAP and financial reporting requirements related to loss reserves, accrual accounting, and contingent liabilities.We also provide a variety of benefits including:Competitive wages paid weeklyAccess to up to 50% of your earned wages before payday, via our partnership with StreamAssociate discountsHealth and financial well-being benefits for eligible associates (Medical, Dental, 401k and more!)Time off (vacation, holidays, sick pay). For eligibility requirements please visit myACI BenefitsLeaders invested in your training, career growth and developmentAn inclusive work environment with talented colleagues Balducci's Food Lover's Market