Manager, Financial Reporting
About The Position
The Manager, Financial Reporting prepares internal, external, and regulatory reports related to financial statements on statutory and GAAP bases. The role works with financial data to ensure accuracy and compliance with applicable accounting standards, analyzes financial statements and reports for trends, variances, and key performance indicators, and consolidates data from business units to provide a comprehensive view of the organization's financial position. The manager ensures compliance with accounting standards and regulatory requirements and assists external auditors as needed. The position leads statutory reporting and manages the preparation of NAIC filing schedules, exhibits, and notes. It reviews quarterly and annual consolidation and elimination work papers, analyzes financial statements for noninsurance entities, and works with business units to resolve discrepancies. The manager is responsible for the MHC legal entity audited report and leads, manages, and reviews preparation of other consolidated financial statements, partnering with the Executive Director on audit requests. The role also reviews financial statement variances and surveys, responds to DOI information requests, and researches STAT and GAAP accounting and reporting questions.
Requirements
- Bachelor’s degree and/or 6–8 years of related experience, or a high school diploma or GED with 8–10 years of related experience.
Responsibilities
- Lead and manage accurate completion of schedules, exhibits, and notes for all NAIC filings.
- Review and analyze quarterly and annual consolidation and elimination work papers, including financial statements for noninsurance entities.
- Work with business units to resolve reporting discrepancies.
- Compile data and ensure completeness, accuracy, and supporting documentation for the MHC legal entity audited report.
- Maintain support received from business units and Corporate for audited reports.
- Lead, manage, and review preparation of remaining consolidated financial statements.
- Partner with the Executive Director on audit requests.
- Prepare and review quarterly financial statements and exhibits for significant, unusual, or unreasonable variances.
- Ensure accurate data is provided to rating agencies and financial institutions and used for Board of Director presentations.
- Review surveys before submitting them to the Executive Director.
- Prepare responses to DOI requests for information or clarification.
- Research STAT and GAAP accounting and reporting questions to support regulatory compliance with new guidance.
Benefits
- Health insurance
- Dental and vision coverage
- Life insurance
- Flexible spending account (FSA) and health savings account (HSA)
- 401(k) plan
- Employee Assistance Program
- Back-up care for children, adults, and elders
- Health and wellness initiatives
- Wellness program that enables employees to participate in health initiatives to reduce insurance premiums
- The position may be eligible for a bonus
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What This Job Offers
Job Type
Full-time
Career Level
Manager
