Finance Associate

Berkley•Ewing Township, NJ

7d•$70,000 - $85,000•Onsite

About The Position

This role, a key contributor within the Berkley Life Sciences organization will be responsible for maintaining financial records, preparing reports, and ensuring compliance with financial regulations. This role involves working closely with other team members to support the company's financial operations. At Berkley Life Sciences, we insure the future of life science innovators today. We do so by serving as a preferred market for the life science industry around the globe, offering a broad range of sophisticated property & casualty products and services designed to meet our customers’ individualized needs. The company is an equal employment opportunity employer. Berkley Life Sciences professionals cohesively respond to the unique challenges faced by our life science customers. We are looking for talented and dedicated professionals to join our team.

Requirements

Bachelor’s degree in accounting or other business-related field, from an accredited institution.
2 + years of financial/accounting experience in a corporate environment, preferably in the insurance industry.
Proficiency in Excel, Access, Power BI and exposure to AI capabilities.
Exceptional oral and written communication skills. Your communication style is flexible to the situation. You communicate clearly and with a purpose
Calm under pressure. You have excellent organizational skills, integrity, and great follow-through on tasks. You are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization
You have a strong sense of accountability, fun and adventure
A strong customer service bias. You want to get to yes. You are known for your super responsiveness. You can say no and preserve your relationships.
Natural curiosity. You love learning how things work, and you are always looking for innovative improvements
Cultivate a mindset of analytical thinking and become a natural problem solver.
Dive into the world of complex accounting concepts with confidence, documenting your findings with clarity.
Enjoy the process of gathering and interpreting data, turning information into valuable insights.
Advanced proficiency with the Microsoft suite of products.

Responsibilities

Compiles and analyzes financial information to prepare entries to expense accounts and completes corresponding reconciliations.
Prepare balance sheet account reconciliations.
Analyzes expense variances to budget along with changes throughout the year, in total and by department.
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports. Works with the IT team to resolve data inconsistencies.
Monitor Corporate “Monthly Close” dashboard for ‘RED lights’ while working with other Berkley accounting staff to resolve intercompany charges.
Prepare monthly and quarterly reinsurance accounting and reporting.
Process reinsurance cash and premium adjustments into the FRS system.
Assist with monthly review of expense reimbursement submissions using Chrome River database.
Assists in the annual planning process with focus on the annual expense budget and preparing budget data uploads to Vena (budget program).
Streamline existing manual processes by applying technology and analytics to improve the business process.
Ensures that all deadlines are met in accordance with the closing dates set by management.