Sr. Accounting Analyst

State FarmBloomington, IL
Hybrid

About The Position

Financial & Regulatory Reporting is seeking a driven professional to join our team! As an Accounting Analyst in Financial Operations, you'll have the unique opportunity to shape and support decision-making throughout the enterprise through insightful financial analysis and reporting. You'll serve as a trusted advisor and strategic partner to executive leadership, collaborating with various teams across State Farm to drive key enterprise priorities. Your work will help advance State Farm's mission, allowing us to better serve our customers in new and impactful ways.

Requirements

  • Bachelor’s degree or higher in Accounting or Finance
  • Understanding of core accounting principles and financial statements
  • Broad business and financial acumen
  • Strong analytical skills and attention to detail
  • Strong written and verbal communication skills with an ability to work with all levels of leadership
  • Learning agility and adaptability to work across multiple teams
  • A high degree of internal motivation, initiative, and curiosity
  • Ability to multi-task and manage competing priorities to meet deadlines
  • Ability to lead and/or represent Financial Operations on projects and initiatives
  • Proficiency in Microsoft Excel, including utilization of advanced formulas and report automation technique
  • Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity

Nice To Haves

  • CPA designation preferred
  • Insurance and/or financial services experience preferred

Responsibilities

  • Preparing and supporting monthly, quarterly and annual financial statements and reports for Property & Casualty, Life, Investment Management/Brokerage and other affiliates.
  • Researching accounting guidance and appropriately applying to our financial reporting.
  • Maintaining proper operation of internal controls.
  • Delivering timely financial analysis and explaining complex topics clearly to help the audience make informed decisions.
  • Collaborating across Financial Operations and the Enterprise to develop ad hoc and routine analysis to enable informed decision-making. This includes analysis of results, proactive identification of trends, and impact analysis on changes affecting trends.
  • Serving as a strategic thought partner for leadership and business areas and offering insights on Enterprise financial and growth results.
  • Representing Financial Operations on projects and initiatives across the Enterprise.

Benefits

  • Compensation is based on a standard 38:45-hour work week
  • Potential yearly incentive pay up to 10% of base salary
  • Annual raise and bonus
  • Robust health and wellbeing programs
  • State Farm pays most of your healthcare premium
  • Multiple healthcare plan options, including a high deductible plan
  • All medical plans provide 100% coverage for in-network preventative care
  • Access to vision, dental, telemedicine, 24/7 mental health professionals
  • Educational benefits like industry leading training programs
  • Top-notch tuition assistance programs
  • Employee resource groups
  • Mentoring
  • Fertility/IVF/adoption assistance
  • College coaching
  • National discount programs
  • Interactive monthly financial workshops
  • Free financial coaching
  • Generous time off policies
  • Opportunity to initially earn up to 20 days annually
  • Parental leave
  • Paid holidays
  • Celebration day
  • Life leave (40 hours/year)
  • Bereavement leave
  • Community service/education support days
  • Matching Gift Program
  • Good Neighbor Grant Program
  • Employee Assistance Fund
  • Plan for retirement using free financial advisors
  • 401(k) plan with company contributions of up to 7% of your salary

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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