Senior Accountant

Cleveland, Ohio
Not Specified
Sep 18, 2016
Nov 17, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_Senior Accountant_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.

PositionSenior Accountant

LocationOH, Cleveland

DescriptionResponsible for specific tasks included in finance which could include, reinsurance accounting, general ledger, account analysis, and compliance. Duties include but are not limited to:
  • Ensure the accurate and timely recording of intercompany activity, including current, long-term and investment / equity based entries.
  • Perform account reconciliations and investigate unusual items
  • Analyze complex intercompany legal documents to ensure that entries are booked according to US GAAP, along with understanding the possible impact to statutory ledgers.
  • Work closely with the financial systems team to continue to maintain tables, ensuring proper eliminations within Oracle.
  • Assist in preparation of month-end reports including but not limited to FX flux analysis, foreign currency derivatives, Currency Translation analysis and Other Comprehensive Income roll forward
  • Assists in the timely preparation of filings which include the annual statement and compliance
  • Reinsurance accounting, including the timely collection of reinsurance recoverables
  • Assisting in the data preparation used in the internal actuarial analysis
  • Review and book intercompany invoices, follow escalation procedures for invoices requiring special authorizations or unusual charges. Perform research, make corrections and otherwise resolve questionable payables items in a timely in order to ensure that expenses and payables are recorded accurately.
  • Support customers in the business units, functions, and foreign affiliates by resolving issues related to out of balance entries, miscellaneous billings, providing training on intercompany processes when needed, provide detail behind intercompany balances, communicate process and date changes as well as escalate issues where needed.
  • Perform routine activities including journal entries, account reconciliations, financial statement preparation, and other month-end close activities.
  • Provide oversights related with Intercompany Accounts Payable processes including duplicate payments review, and monthly reconciliation related to invoice output.
  • Act as liaison between internal and external teams by providing guidance, providing transaction support, handling inquires, resolving issues and communicating policies, procedures and guidelines.
  • Continually evaluate the processes and systems utilized and prepare well researched recommendations for enhancements.
  • Maintain and complete an accurate set of Standard Operating Procedures for assigned processes, ensure adherence to those procedures. Review and approve SOPs maintained by the outsourced intercompany business partner.

    Open Date9/16/2016

    Position RequirementsRequirements:
  • Bachelor's Degree in Business with a major in Accounting
  • Advanced Degree, CPA or CMA
  • Minimum 2 years public accounting experience
  • 5 -7 years of experience in financial consolidation, corporate and general ledger accounting.
  • Proficient in Microsoft Office Suite application.
  • Proficient in Enterprise Resource Planning Software (Oracle) and Financial Reporting Software (Discoverer).
  • Ability to multi-task and work under pressure to meet deadlines.
  • Ability to work independently, identify problems and propose viable solutions
  • Must be flexible and have demonstrated skills to work effectively in a team-oriented environment. #LI-Post


    Req NumberACC-16-00067


    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.