Accounting Manager

Requisition ID: 96829 At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today. Position Specific Description Palms Insurance is NextEra Energy, Inc.’s wholly-owned insurance subsidiary that provides coverage for both affiliated and non-affiliated risks. The Palms finance team is an integral part of developing strategy for managing risk and executing strategy for growth. We are seeking an Accounting Manager to join our dynamic team. This role offers an exciting opportunity to work within the Property and Casualty Insurance sector. The Accounting Manager, specializing in Statutory and Investment Accounting, is responsible for overseeing the financial reporting, compliance, and accounting functions related to statutory requirements and the company's investment portfolios. This role ensures accurate and timely financial reporting, adherence to relevant regulations, and effective management of investment accounting activities. Job Responsibilities Prepares financial reports that are in compliance with GAAP and SAP, in a timely manner, to accurately reflect the financial position of the Company Prepare and review statutory financial statements and reports in accordance with regulatory requirements and accounting standards. Manage the monthly, quarterly, and annual close processes. Ensure compliance with statutory accounting principles (SAP) and regulatory requirements. Monitor changes in accounting regulations and implement necessary adjustments to financial reporting processes. Lead the annual external audit Oversee the Investment accounting process including valuation, income recognition, and reconciliations. Maintain current knowledge and expertise related to statutory accounting principles and regulatory reporting requirement Collaborate with other departments to streamline processes, improve financial performance, and meet business objectives Strong knowledge of Statutory Accounting Principles (SAP) and regulatory requirements Excellent analytical, problem-solving, and organizational abilities Strong communication and interpersonal skills, with the ability to interact effectively at all levels within the organization SAP or other large ERP experience Advanced MS Excel (Pivot tables, VLOOKUPS, SUMIF) Ensures financial data integrity through the implementation and maintenance of a strong control environment Manages professional staff, and effectively communicates and executes performance management Performs other job-related duties as assigned Job Overview Employees in this job manage and coordinate a unique accounting function and lead complex accounting projects. Job Duties & Responsibilities Prepares financial reports that are in compliance with GAAP and FERC, in a timely manner, to accurately reflect the financial position of the Company Provides accounting oversight to businesses and departments within the Company and ensures proper controls are in place for accurate financial reporting Ensures financial data integrity through the implementation and maintenance of a strong control environment Keeps abreast of, and applies GAAP, SEC regulations, and relevant company policies, practices, and procedures Manages professional staff, and effectively communicates and executes performance management Performs other job-related duties as assigned Required Qualifications Bachelor's Degree Experience: 8+ years Supervisor/Management Experience: 2+ years Preferred Qualifications Certified Public Accountant (CPA) Master's Degree NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Employee Group: Exempt Employee Type: Full Time Job Category: Finance, Accounting & Business Analytics Organization: Palms Management Services, LLC Relocation Provided: Yes, if applicable NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to View email address on click.appcast.io providing your name, telephone number and the best time for us to reach you. NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 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