Accounting Manager, Markel Ventures

Posted 9 Days Ago
Be an Early Applicant
Richmond, VA
7+ Years Experience
Insurance
The Role
Responsible for managing general ledger close, consolidation, and financial reporting processes for Markel Ventures. Support Director on technical accounting matters and strategic projects. Present financial results to management and senior leadership, analyze financial data, and collaborate to improve processes.
Summary Generated by Built In

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. 


Join us and play your part in something special!

This position will be responsible for managing the general ledger close, consolidation, and financial reporting processes of the Markel Ventures segment. This position will also support the Director on evaluating and documenting technical accounting matters and executing on long-term strategic projects in line with the segment’s objectives and priorities. This person will work under general direction from their director.

Job Responsibilities

  • Manage the Markel Ventures finance team through a controlled and timely closing of the Oracle Financial Consolidation and Cloud System (FCCS), monthly Oracle ERP sync, and financial statement preparation
  • Supervise the monthly process for loading Markel Ventures affiliate trial balances into the FCCS consolidation and reporting applications
  • Review and distribute internal financials summarizing results of the Markel Ventures affiliates to Markel Ventures executives
  • Ensure timely and accurate journal entry postings for Markel Ventures holding company and purchase accounting adjustments with appropriate signoff and support to ensure integrity of accounting records
  • Prepare affiliate commentary and present financial results to management and senior leadership, including researching and analyzing financial data to communicate key drivers impacting the account balance fluctuations.
  • Review and oversee preparation of 10-Q/K disclosure schedules and relevant portions of the Markel Group 10-Q/K for completeness and accuracy
  • Assist in maintaining the SOX documentation and remediation of control issues for the Markel Ventures holding company
  • Serve as the primary point of contact for affiliate accounting associates to ensure monthly affiliate financials and other monthly, quarterly, and annual deliverables are prepared appropriately for consolidation and reporting
  • Create reports with appropriate financial information needed to properly respond to ad hoc requests from management and senior leadership of Markel Ventures and Markel Group
  • Collaborate with teammates to continually assess processes and initiate ideas with management to identify, design, and implement process improvements for greater efficiency, effectiveness, and consistency amongst MV operations.
  • Participate in other strategic accounting and business projects as they arise.
  • Participate in researching and analyzing technical accounting issues including, but not limited to, goodwill impairment testing, intangible asset impairment review, purchase accounting for acquisitions, implementation of new accounting standards, and consolidation under ASC 810
  • Lead, recruit, supervise, develop, mentor and provide performance feedback to direct reports for the purpose of achieving functional goals and objectives
  • Work closely with other functional areas, including MV management, to resolve issues and support achievement of business goals
  • Prepare and maintain schedules used to track activity related to equity method investments.

Education and Certifications

  • Bachelor’s degree in accounting required
  • Certified Public Accountant (CPA) licensing required

Work Experience

  • 7+ years of experience in accounting, audit, or finance
  • 2+ years of managing an accounting close process

Skill Sets

  • Strong computer skills including a high degree of proficiency within Excel
  • Experience with Oracle applications, including producing ad hoc queries, preferred
  • High degree of flexibility and responsiveness to change in a fast-paced environment
  • Detail-oriented with strong organizational skills
  • Advanced written and verbal communication skills
  • Ability to prioritize and work on multiple projects simultaneously under tight deadlines
  • Strong research, analytical, and problem-solving skills
  • Ability to work successfully both in teams and independently

US Work Authorization

  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Who we are: 

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. 

 

We’re all about people | We win together | We strive for better 

 

We enjoy the everyday | We think further 

 

What’s in it for you: 

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.  

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.  

  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.  

  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.  

  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.  

 

Are you ready to play your part? 

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. 

 

Caution: Employment scams 

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: 

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses. 

 

We would also ask that you please report any job employment scams related to Markel to [email protected]. 

 

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.  

 

Should you require any accommodation through the application process, please send an e-mail to the [email protected].    

No agencies please.

Top Skills

Oracle
The Company
HQ: Glen Allen, VA
3,519 Employees
On-site Workplace
Year Founded: 1930

What We Do

At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings.

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:
• Agricultural and equine risks
• Reinsurance for large risk enterprises such as oil rigs
• Event cancellation insurance for weddings, concerts, and sporting events
• Inland marine coverage for fine art collections
• Environmental pollution
• Yachts, ATVs, and motorcycles

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility.

Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.

That is the Markel Style.

Jobs at Similar Companies

MassMutual India Logo MassMutual India

Associate

Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana, IND

Outdoorsy Logo Outdoorsy

Maintenance & Grounds Associate - Outdoorsy Hill Country

Insurance • Sharing Economy • Software • Travel
Hybrid
Stonewall, TX, USA
184 Employees
Easy Apply
Remote
United States
73 Employees
115K-135K Annually

Similar Companies Hiring

Outdoorsy Thumbnail
Travel • Software • Sharing Economy • Insurance
Austin, TX
184 Employees
Spark Advisors Thumbnail
Insurance
New York, NY
73 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account