With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
The Senior Accountant performs accounting close functions, applies accounting policies, presents financial results to senior management, prepares quarterly and annual internal and external reports in accordance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting guidance, and performs technical research and analysis.
Responsibilities and Accountabilities
- Prepares monthly journal entries for the accounting close process.
- Collaborates with other departments and/or external service providers to ensure all transactions have been properly recorded.
- Applies accounting policies to financial records of the various Arch MI entities.
- Prepares monthly account reconciliations to ensure accuracy of account balances.
- Performs variance analysis and researches changes on a monthly/quarterly basis to present results to senior management.
- Assists in the preparation of schedules for monthly, quarterly and annual reporting and assists with the annual audited statutory statements.
- Provides assistance, reconciliations, account activity explanations, and other support as required for internal and external auditors.
- Performs research on technical accounting matters and performs other ad hoc analysis as needed.
- Seeks development opportunities for self as well as assisting in the development of others.
Required Skills and Abilities
- In depth knowledge of accounting theory, GAAP and Statutory Accounting Principles.
- Ability to understand and apply standard practices and procedures.
- Solid understanding of month-end closes process and account analysis.
- Advanced knowledge of financial applications, such as Workday Finance.
- Skilled in identifying and resolving moderately complex accounting issues.
- Time management and organizational skills with the ability to consistently meet deadlines.
- Proficient analytical skills.
- Ability to work collaboratively with others within the department and across the Company.
Education & Experience
Required knowledge and skills would typically be acquired through a Bachelor’s degree in Accounting or related fields and a CPA (or requirements for certification met) plus 2-5 years related experience.
#LI-Hybrid
#LI-AT1
Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14500 Arch U.S. MI Services Inc.Top Skills
What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.
ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
