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Financial Reporting Specialist

Sarasota, FL 34232

Posted: 01/12/2023 Job Type: Permanent/Direct Hire Industry: Accounting and Finance Job Number: 21316 Pay Rate: $ 80000.00 - $ 96000.00

Job Description

iMPact Business Group is searching for a Financial Reporting Specialist for our client in Sarasota, FL for a permanent opportunity.  This individual will support the Controller/Assistant Controller in the process of producing accurate and timely financial management reports including, but not limited to, internal and external monthly financial statements, annual audits, and annual budget. 
  • Prepares, reviews and ensures timely submission of monthly financial statements on a statutory and GAAP basis.
  • Prepares, reviews and ensures timely submission of quarterly and annual statutory financial statements.
  • Acts as a key representative and contact in the annual external audit.
  • Works with the internal auditor as required and directed by Controller/Assistant Controller to assist in external audits and to complete internal audit reviews.
  • Prepares and reviews external reinsurance reports monthly.
  • Assists in the analysis and understanding of reinsurance contracts.
  • Prepares and reviews and ensures timely submission of reports required by regulatory agencies.
  • Assists Controller/Assistant Controller to create, review and assure compliance with all Managing General Agency contracts.
  • Reviews and assists in preparing consolidated budgets and forecasts.
  • Oversees and maintains systems and controls which verify the integrity of all systems processes and data, and enhance the company value.
  • Reviews budget vs. actual analysis monthly.
  • Assists in the review and oversees the preparation of the tax provisions on a quarterly and annual basis.
  • Ensures federal and state income taxes are accurate.
  • Provides cost-saving and cost-containment reviews.
  • Facilitates a wide variety of special projects and compiles a variety of special reports in an accurate and timely manner.
  • Responds to Controller/Assistant Controller and/or others as assigned with accurate and timely work to facilitate financial needs.
  • Assists in supervising, mentoring, and training accounting staff to further develop skills and knowledge.

Job Requirements

  • Bachelor of Science in Accounting or Finance.
  • Must have a minimum of 5 years of accounting and financial reporting experience.
  • Property and Casualty Insurance Industry experience required; must have an in-depth understanding of industry-specific accounting rules and regulations. A thorough understanding of statutory accounting practices is a must.
  • Strong conceptual understanding and practical knowledge of GAAP and regulatory accounting principles.
  • Must be proficient in Microsoft Office Excel and Word.
  • Must possess strong analytical and interpersonal skills.
  • Strong general ledger, accounts payable, accounts receivable, reinsurance, income tax, and treasury management knowledge.
  • Proficient computer knowledge-specifically with spreadsheets (hardware and software).
  • Strong knowledge of financial information systems.
  • Ability to take ownership of assigned areas and projects, as well as the ability to work well under pressure.
  • Must be able to interface effectively and professionally with all levels of personnel.
  • CPA Preferred
Background check/drug screening required
We are an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and status as a protected veteran.
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