Sr. Technical Accountant

Posted 4 Hours Ago
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La Jolla, Placentia, CA, USA
In-Office
90K-133K Annually
Senior level
Insurance
Reimagining specialty property and casualty insurance with creative solutions that provide better protection.
The Role
The Senior Technical Accountant researches and interprets complex US GAAP transactions, prepares technical accounting memos, supports acquisitions and purchase accounting, and contributes to monthly close. Responsibilities include general ledger reconciliation, journal entry review, SEC filing analysis, audit support, SOX compliance, process improvement, and accounting policy implementation. The role also reviews staff work, mentors team members, and collaborates on cross-functional initiatives.
Summary Generated by Built In

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? https://ir.plmr.com/corporate-profile/default.aspx

We are Hiring!

Location: La Jolla, CA (Hybrid) or Remote


The Details:

The Sr. Technical Accountant will report to the Sr Manager, Technical Accounting and will be responsible for interpreting accounting guidance, developing policies, assisting in accounting for acquisitions, preparing technical accounting memos, and contributing to monthly close responsibilities. As a growth-stage company, we’re seeking a proactive individual who can work independently to identify issues and propose thoughtful solutions. This role also involves collaborating with and mentoring other accounting team members through knowledge sharing and support. A successful candidate will demonstrate strong leadership qualities and foster a positive team dynamic in a deadline-conscious environment that values both performance and well-being. We welcome applicants from all backgrounds and career stages who bring curiosity, initiative, and a collaborative spirit.


What will you do:

  • Support Sr Manager, Technical Accounting with research and interpretation of complex accounting transactions under US GAAP
  • Draft and maintain technical accounting memos to support Company’s position on significant transactions
  • Assist in the implementation of proposed accounting standards and practices
  • Work with independent and internal auditors to provide support for audit requests related to technical accounting matters and ensure compliance with financial reporting.
  • In a preparer capacity, ensure the timely and accurate posting, balancing, and reconciliation of the general ledger for each product assigned.
  • In a reviewer capacity, review the work completed by staff accountants to ensure timely and accurate posting, balancing, and reconciliation of the general ledger.
  • Research and analyze fluctuations between current financial results and prior year, prior periods, budgeted and projected financials.
  • Support purchase accounting, goodwill, and contingent consideration (earnout) accounting, including periodic fair value remeasurement and journal entries
  • Perform technical accounting review of quarterly and annual SEC filings, including cross-note consistency, tie-out to the balance sheet and cash flow, MD&A and use-of-estimates wording, and new accounting pronouncements
  • Recommend opportunities for improvement in accounting systems, processes, and procedures with a goal of increasing efficiency and accuracy.
  • Assists team members with budget activity, proper g/l coding, document preparation, and other accounting-related activities.
  • Contribute to the growth of staff accountants through training, coaching, and collaborative learning
  • Prepare and Review monthly journal entries for accuracy and completeness
  • Assist in efforts to maintain compliance with Sarbanes-Oxley (“SOX”) requirements
  • Participate in special projects, ad hoc tasks, and cross-functional initiatives
  • Perform other duties as assigned, contributing to a supportive and inclusive team environment


What we are looking for:

  • Bachelor’s Degree in Accounting and active CPA license (or equivalent certification)
  • 3–5 years of relevant experience, including at least 3 years in public accounting
  • Strong technical knowledge of US GAAP
  • Proven ability to research and document complex accounting treatments clearly and concisely
  • Strong analytical, problem-solving, and strategic thinking skills
  • Ability to organize, prioritize, and take initiative in a fast-paced environment with internal and external deadlines
  • Ability to manage multiple tasks and responsibilities effectively
  • Strong interpersonal and communication skills
  • Demonstrated ability to work collaboratively in team environments

Preferred Skills and Experience

  • Public accounting experience
  • Familiarity with SOX compliance
  • Experience with acquisitions
  • Insurance industry experience is a plus


We love people who want to: 

  • Build strong relationships through transparency, trust, and respect for each other.
  • Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
  • Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
  • Do the right thing with strong conviction and integrity.
  • Be bold and innovative to help make an impact.
  • Demonstrable track record of working autonomously and driving progress
  • Be intellectually curious, think creatively, and pragmatic

 

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

 

What will you get in return?

  • Full Suite of Medical Benefits 
  • Long Term Financial Incentives – STOCK! 
  • 401k with 3.5% Automatic Fully Vested Employer Contributions 
  • Competitive PTO + Holiday Program
  • Lifestyle Spending Allowance
  • Professional Development Assistance  
  • Career Exploration Opportunities
  • Regular company-wide social events (even virtually!)
  • To learn more visit us at www.plmr.com

 

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.  Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

 

#PalomarPride #Insurancejobs #hiring

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.

No phone calls or agency solicitation please

 

CCPA Job Applicant:

 

Pay Range: $89,500 - $132,500+ Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.

 

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above

 

 

 

 

Skills Required

  • Bachelor's degree in Accounting
  • Active CPA license or equivalent certification
  • 3-5 years of relevant experience
  • At least 3 years of public accounting experience
  • Strong technical knowledge of US GAAP
  • Ability to research and clearly document complex accounting treatments
  • Strong analytical, problem-solving, and strategic thinking skills
  • Ability to organize, prioritize, take initiative, and manage multiple responsibilities
  • Strong interpersonal and communication skills
  • Ability to collaborate effectively in team environments
  • Familiarity with SOX compliance
  • Experience with acquisitions
  • Insurance industry experience
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The Company
HQ: La Jolla, CA
168 Employees
Year Founded: 2014

What We Do

As leaders in risk management for earthquakes, hurricanes, floods and other disasters, we take a fresh perspective on specialty property insurance. Palomar was founded in 2014 by seasoned insurance leaders with a vision for a better way to protect individuals and businesses with innovative specialty property insurance solutions. Our leadership team combines extensive insurance experience and expertise in specialty underwriting, reinsurance, program administration, distribution and analytics. Every home, every business and every neighborhood is unique so Palomar uses more accurate risk measures and an extensive partner network to write tailored, geographically differentiated policies. Our goal is to provide every customer with economic resiliency.

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