Manager, Financial Reporting
$115k - $160kPenn National Insurance
Manager, Financial Reporting
The Manager, Financial Reporting is responsible for the management of the financial reporting function. The incumbent manages the preparation and analysis of the internal and external financial reports, regulatory and compliance filings and state and local premium taxes.
This is a hybrid role reporting to the Harrisburg, PA office.
Position competencies include coaching and influencing, facilitating change, ability to grow and adapt, conflict management, strategic planning, and embraces data analytics.
Essential duties and responsibilities include developing, directing and coaching assigned staff, leading by example in communicating with staff, developing, implementing, and monitoring practices, procedures and guidelines for reporting, reconcilingment, interpretation and analysis of accounting information, evaluating staffing needs, assigning work and mentoring employees to ensure full utilization of staff, determining training emphasis, developing educational programs and materials for Financial Reporting staff and delivering training, managing the corporate accounting function responsible for the statutory and GAAP financial reporting including individual company, consolidated and combined financial statements; comprehensive internal results management and board of directors reporting; regulatory financial filings including quarterly and annual statements; audited financial statements; various general ledger entries and reconciliations; and proper allocation of expense to line of business and expense groups, managing the internal preparation of various state and local premium tax returns, completing and/or ensuring that staff completes ad hoc assignments or projects on time and with the appropriate level of resources and quality in order to ensure optimally meeting the objectives of the assignment or project, maintaining the general ledger system including the monthly and annual closing process, opening new periods and changing workflow approvals, responsible for preparing and/or posting entries and preparing, reviewing, and approving account reconciliations, and identifying the key tasks and resources needed to achieve strategic objectives.
Additional responsibilities include keeping abreast of statutory reporting requirement changes, accounting automation concepts, GAAP practices and principles and industry trends in order to be able to adequately lead or train staff, remain technologically current and apply the latest technology to an accounting system(s), procedural problem and issue of financial reports, actively seeking information (from coworkers, leaders, customers, competition, technologies, and regulations) to understand the rationale and implications for changes, treating new situations as opportunities for learning or growth; actively seeking to identify and communicate the benefits of changes; collaborating with others to implement changes, may serve on ad-hoc teams relating to incumbent's functional area. This could include leading the team, reviewing requirements, coordination of the test results verification and resolution of issues, and performing other duties as may be assigned by the Director, Financial Reporting.
Special relationships include supervising the Financial Analyst and Senior Accountant, and interacting with all levels of internal staff as well as external entities such as auditors, various state insurance departments, and local municipalities.
Qualifications include a bachelor's degree in accounting required, CPA, CPCU or MBA preferred, AIAF insurance designation preferred, minimum of five years of experience in public accounting (auditing insurance companies) and/or insurance accounting required, previous supervisory experience preferred, high level of knowledge relating to statutory insurance accounting and finance principles preferred, high level of knowledge relating to GAAP insurance accounting and finance principles, strong analytical and problem-solving skills, strong organizational skills, strong communication skills with evidence of dedication to quality service and customer focus, and proficiency in Microsoft Excel, Word and Outlook.
The compensation has been carefully determined by considering a variety of important factors, including skill sets, experience, training, and certifications. With these considerations in mind, the estimated hiring range is $115,000 - $160,000. Additionally, you may be able to participate in our annual incentive program, depending on eligibility under the plan.
Job requirements include being able to perform computer-based tasks and access digital information necessary for job duties, including through the use of assistive technologies, completing computer-based tasks and utilizing office equipment as needed to perform essential job functions, accessing and entering information accurately using automated systems, communicating effectively with internal and external clients using telephone, electronic, or other communication systems, presenting information to individuals and groups, interpreting and applying concepts that may or may not be based upon established guidelines, maintaining acceptable attendance and adhering to scheduled work hours, having a valid driver's license and being able to operate a motor vehicle.
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