Sr Accountant, Financial Reporting - GAAP

Posted Yesterday
Be an Early Applicant
Hiring Remotely in United States
Remote
72K-94K Annually
Senior level
Insurance
The Role
Supports quarterly and annual consolidated financial statements, SEC filings, disclosures, investment reporting, reconciliations, journal entries, and GAAP compliance. Assists with SOX controls, audits, accounting standards implementation, financial analysis, process improvements, system testing, and finance transformation initiatives. Collaborates with Finance, Actuarial, Investments, FP&A, IT, and other teams while mentoring colleagues and maintaining accurate, timely reporting.
Summary Generated by Built In

UFG is currently seeking a Senior Accountant, Financial Reporting - GAAP who is responsible for supporting the preparation, analysis, and reporting of the Company's quarterly and annual consolidated financial statements, SEC filings, and related financial reporting deliverables. This role ensures the accuracy, completeness, and integrity of financial information in accordance with generally accepted accounting principles (GAAP), SEC reporting requirements, and company policies.

Working closely with Financial Reporting leadership, Financial Accounting, Investments, FP&A, Actuarial, and other Finance teams, the Senior Accountant supports the preparation of financial statement disclosures, supporting schedules, SEC filings, and investment-related reporting. This position also assists with financial analysis, internal controls, process improvement initiatives, and audit support activities. The ideal candidate demonstrates strong financial reporting skills, attention to detail, analytical capabilities, and the ability to work independently while contributing to a collaborative team environment.

Essential Duties & Responsibilities:

Financial Reporting - GAAP

  • Prepare and support the review of quarterly and annual consolidated financial statements, SEC filings (including Forms 10-K, 10-Q, and 8-K), financial statement disclosures, supporting schedules, and related reporting documentation, ensuring compliance with generally accepted accounting principles and SEC reporting requirements.
  • Analyze financial results, balances, and trends and investigate unusual fluctuations or reporting variances.
  • Support investment accounting and reporting activities, including preparation of investment-related schedules, analyses, and financial statement disclosures.
  • Assist with implementation of new accounting standards, accounting policies, and reporting requirements.
  • Prepare select journal entries and account reconciliations related to assigned financial reporting responsibilities.
  • Prepare documentation supporting financial reporting conclusions and disclosure requirements.
  • Maintain current knowledge of financial reporting requirements, SEC developments, industry trends, and best practices.

Governance & Controls

  • Maintain SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
  • Assist with audit requests, including internal controls and testing evidence.

Collaboration & Process Improvement

  • Participate in continuous improvement initiatives aimed at optimizing processes, standardizing reporting, and automating data flow.
  • Mentor other team members by sharing knowledge and modeling best practices in accounting and financial reporting.
  • Support system enhancements and testing related to accounting or financial reporting applications.
  • Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
  • Perform other duties as assigned to support the finance department and company goals.

Job Specifications:

Education:

  • Bachelor’s degree in accounting
  • Certified Public Accountant (CPA) or progress toward certification preferred
  • Master’s degree in accounting or MBA preferred

Experience:

  • 5 years of financial reporting or insurance accounting experience.
  • Prior experience within property and casualty insurance preferred.
  • Experience preparing or supporting GAAP financial statements and related disclosures.

Knowledge, Skills & Abilities:

  • Strong understanding of generally accepted accounting principles and financial statement presentation requirements.
  • Knowledge of SEC reporting requirements and disclosure practices preferred.
  • Strong analytical and problem-solving skills with attention to accuracy and detail.
  • Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
  • Experience with financial systems and subledgers desirable.
  • Excellent communication and collaboration skills across cross-functional teams.
  • Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
  • Demonstrated ability to work both independently and collaboratively in a team setting.
  • Process improvement mindset with ability to identify and implement efficiency enhancements.
  • Critical thinking skills and sound professional judgment.
  • Strong organizational skills and attention to detail.

Working Conditions:

  • General office environment
  • Travel Requirements: Infrequent travel, only as needed

Pay Transparency Statement:

UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $71,598 - $94,396 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data. 

In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes:

  • Annual incentive compensation
  • Medical, dental, vision & life insurance
  • Accident, critical Illness & short-term disability insurance
  • Retirement plans with employer contributions
  • Generous time-off program
  • Programs designed to support the employee well-being and financial security.

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor’s degree in accounting
  • Five years of financial reporting or insurance accounting experience
  • Experience preparing or supporting GAAP financial statements and related disclosures
  • Strong understanding of GAAP and financial statement presentation requirements
  • Strong analytical, problem-solving, communication, collaboration, organizational, and attention-to-detail skills
  • Ability to manage multiple priorities, meet deadlines, and work independently and collaboratively
  • Process improvement mindset and sound professional judgment
  • Advanced Microsoft Excel proficiency, including pivot tables, VLOOKUP, and complex formulas
  • CPA certification or progress toward certification
  • Master’s degree in accounting or MBA
  • Prior property and casualty insurance experience
  • Knowledge of SEC reporting requirements and disclosure practices
  • Experience with financial systems and subledgers
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The Company
HQ: Cedar Rapids, Iowa
1,006 Employees
Year Founded: 1946

What We Do

Founded in 1946 as United Fire & Casualty Company, UFG Insurance (Nasdaq: UFCS) is engaged in the business of writing property and casualty insurance through its insurance company subsidiaries. Headquartered in Cedar Rapids, Iowa, UFG is licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and is represented by approximately 1,000 independent agencies. A.M. Best Company assigns a financial strength rating of “A-” (Excellent) for the members of United Fire & Casualty Group, with a stable outlook, reflecting long-term balance sheet strength.

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