SFM Mutual Insurance Companies
Senior Accountant
SFM Mutual Insurance Companies, Minneapolis, Minnesota, United States, 55400
Senior Accountant
SFM - The Work Comp Experts
Work somewhere you love
SFM is unique in that we are small enough that your voice is heard, but has all the benefits and perks of a larger employer. We value your opinion, help you reach your goals, and make it easy for you to maintain work-life balance. We believe that our exceptional and motivated employees are our greatest strength.Find out why our employees rate us a top employer and choose to stay and grow with us. Find out why SFM employees have stayed for 30+ years!
Visit our careers page to learn more about working at SFM
Our benefits include:Affordable Medical, Dental, Vision Insurance, HSA, FSAFlexible hybrid work environmentTraditional and Roth 401(k) plans with company matchCompany contributions to help pay off student loansMonthly home internet allowanceFree life insurance, STD & LTDOpportunities for annual gainshare bonusPet insuranceGenerous PTO9 paid holidaysPaid parental leaveAnnual company-wide volunteer dayDiscounts on gym memberships, fitness apps and weight loss programsHybrid workVisit our careers page to learn more about working at SFM
About SFM
Since 1983, our mission has been to be the workers' compensation partner of choice for agents, employers and their workers. In that time, we've expanded to well over 25,000 customers in the Midwest and grown our offerings to include vocational rehabilitation, loss prevention, medical services and more. Though much has changed through the years, our focus continues to be unrivaled customer service, safety, and providing better outcomes for employers and injured workers.
The role
As the Senior Accountant at SFM, you will be part of the Finance Team providing high quality financial services to the entire organization. You will execute accurate and timely financial statements and regulatory filings, participate in the annual budget process and drive accurate journal entries. Using your accounting knowledge, you will enhance processes and leverage your expertise using various, systems, networks, and resources. You'll collaborate closely with internal and external business partners supporting the accounting needs of the organization.As a team member in the Finance Department, you will serve as a mentor to your co-workers, work with "yellow books" and prepare financial reports in accordance with Statutory Accounting Principles (SAP),GAAP in compliance with regulatory requirements and SFM policies and procedures. SFM is an employee centric organization; we believe that our employees are the reason why SFM is the leader in the field of Workers' Compensation Insurers.Apply today and discover why SFM employees choose to grow their careers here.This position offers a hybrid work schedule so living in or near Minnesota is a must.
What You Will Be DoingDrives accurate and efficient journal entry posting and creates all relevant supporting documentation. Reconciles general ledger account balances to source systems and documents, resolving discrepancies for future alignment. Reviews account balances for large variances or unusual amounts.Prepares financial statements, schedules, and analysis to support financial, tax, and regulatory reporting requirements following Statutory Accounting Principles (SAP).Trains and mentors finance team members on system capabilities, partnering to explore and implement enhancements to processes.Reviews the work of other finance team members and provides learning opportunities to further enhance knowledge, accuracy, and efficiency. Acts as a resource for both SAP and GAAP.Assists in annual budget process and budget variance reports.Supports Company's external auditors by providing documentation and validation of process and data.Champions use of financial expertise to support the achievement of strategic, team, and individual goals, promoting outstanding customer service standards throughout.Stays current and demonstrates a keen proficiency for insurance finance and supporting technical skillsets.Recommends improvements by taking a best practices approach based on evidence of impact and effectiveness.Communicates with internal and external customers and maintains appropriate interactions with all persons.
What We'll Love About You
Bachelor's degree in accounting and/or Finance, or related field with significant relevant experience.Five or more years' experience of insurance accounting (Statutory Accounting) or similar GAAP experience.CPA designation preferred.Insurance industry experience is a plus.Advanced knowledge of insurance accounting practices and applicable tax requirements highly desirable.Strong knowledge in GAAP.Proficiency in the use and navigation of financial accounting systems, Microsoft Office suite, regulatory software, and other analytical tools.Excellent math and analytical capabilities.Demonstrated commitment to accuracy; able to work through details while maintaining focus on overall objective(s).Demonstrated ability to work in a fast-paced environment with changing priorities.Must be organized with the ability of manage multiple priorities and deadlines.Ability to apply discretion and maintain confidentiality.Strong customer service focus, supported by written and verbal communication skills and the ability to interact across teams and management.Ability to work independently and within a team. Sound independent judgment and decision-making skills.Strong written and verbal communication skills that are professional and respectful.Demonstrates positive teaming skills focused on team results.Ability to assimilate, understand and analyze information from a variety of sources.Sound judgment and decision-making capabilities.Must be able to be in office when needed
Physical Requirements
Regular attendance is required. Work takes place in a semi paperless environment within an office setting, either on business premises or other remote location, using standard office equipment such as computers, phones, and photocopiers, which requires being stationary for extended periods of time. Will come into the office when asked to do so.While performing the duties of this job, the employee is regularly required to talk or hear, and maintain concentration and focus. The employee frequently is required to stand; walk; use hands and fingers, handle or feel; and reach with hands and arms and work with close vision. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Work is performed indoors with little to no exposure to extreme outdoor weather conditions.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
SFM Mutual Insurance Company and each of its parent companies, subsidiaries and/or affiliated companies are Equal Opportunity/Affirmative Action Employers. All employment decisions are made without regard to race, color, religion, sex, national origin, age, sexual orientation, marital, familial, or veteran status, medical condition or disability, or any other legally protected classification.
SFM Companies, EEO/AA Employers .
SFM is a participant of E-Verify.
Applicants have rights under Federal Employment Laws.
Join us!! Click Apply Now
#SFMjobs
SFM - The Work Comp Experts
Work somewhere you love
SFM is unique in that we are small enough that your voice is heard, but has all the benefits and perks of a larger employer. We value your opinion, help you reach your goals, and make it easy for you to maintain work-life balance. We believe that our exceptional and motivated employees are our greatest strength.Find out why our employees rate us a top employer and choose to stay and grow with us. Find out why SFM employees have stayed for 30+ years!
Visit our careers page to learn more about working at SFM
Our benefits include:Affordable Medical, Dental, Vision Insurance, HSA, FSAFlexible hybrid work environmentTraditional and Roth 401(k) plans with company matchCompany contributions to help pay off student loansMonthly home internet allowanceFree life insurance, STD & LTDOpportunities for annual gainshare bonusPet insuranceGenerous PTO9 paid holidaysPaid parental leaveAnnual company-wide volunteer dayDiscounts on gym memberships, fitness apps and weight loss programsHybrid workVisit our careers page to learn more about working at SFM
About SFM
Since 1983, our mission has been to be the workers' compensation partner of choice for agents, employers and their workers. In that time, we've expanded to well over 25,000 customers in the Midwest and grown our offerings to include vocational rehabilitation, loss prevention, medical services and more. Though much has changed through the years, our focus continues to be unrivaled customer service, safety, and providing better outcomes for employers and injured workers.
The role
As the Senior Accountant at SFM, you will be part of the Finance Team providing high quality financial services to the entire organization. You will execute accurate and timely financial statements and regulatory filings, participate in the annual budget process and drive accurate journal entries. Using your accounting knowledge, you will enhance processes and leverage your expertise using various, systems, networks, and resources. You'll collaborate closely with internal and external business partners supporting the accounting needs of the organization.As a team member in the Finance Department, you will serve as a mentor to your co-workers, work with "yellow books" and prepare financial reports in accordance with Statutory Accounting Principles (SAP),GAAP in compliance with regulatory requirements and SFM policies and procedures. SFM is an employee centric organization; we believe that our employees are the reason why SFM is the leader in the field of Workers' Compensation Insurers.Apply today and discover why SFM employees choose to grow their careers here.This position offers a hybrid work schedule so living in or near Minnesota is a must.
What You Will Be DoingDrives accurate and efficient journal entry posting and creates all relevant supporting documentation. Reconciles general ledger account balances to source systems and documents, resolving discrepancies for future alignment. Reviews account balances for large variances or unusual amounts.Prepares financial statements, schedules, and analysis to support financial, tax, and regulatory reporting requirements following Statutory Accounting Principles (SAP).Trains and mentors finance team members on system capabilities, partnering to explore and implement enhancements to processes.Reviews the work of other finance team members and provides learning opportunities to further enhance knowledge, accuracy, and efficiency. Acts as a resource for both SAP and GAAP.Assists in annual budget process and budget variance reports.Supports Company's external auditors by providing documentation and validation of process and data.Champions use of financial expertise to support the achievement of strategic, team, and individual goals, promoting outstanding customer service standards throughout.Stays current and demonstrates a keen proficiency for insurance finance and supporting technical skillsets.Recommends improvements by taking a best practices approach based on evidence of impact and effectiveness.Communicates with internal and external customers and maintains appropriate interactions with all persons.
What We'll Love About You
Bachelor's degree in accounting and/or Finance, or related field with significant relevant experience.Five or more years' experience of insurance accounting (Statutory Accounting) or similar GAAP experience.CPA designation preferred.Insurance industry experience is a plus.Advanced knowledge of insurance accounting practices and applicable tax requirements highly desirable.Strong knowledge in GAAP.Proficiency in the use and navigation of financial accounting systems, Microsoft Office suite, regulatory software, and other analytical tools.Excellent math and analytical capabilities.Demonstrated commitment to accuracy; able to work through details while maintaining focus on overall objective(s).Demonstrated ability to work in a fast-paced environment with changing priorities.Must be organized with the ability of manage multiple priorities and deadlines.Ability to apply discretion and maintain confidentiality.Strong customer service focus, supported by written and verbal communication skills and the ability to interact across teams and management.Ability to work independently and within a team. Sound independent judgment and decision-making skills.Strong written and verbal communication skills that are professional and respectful.Demonstrates positive teaming skills focused on team results.Ability to assimilate, understand and analyze information from a variety of sources.Sound judgment and decision-making capabilities.Must be able to be in office when needed
Physical Requirements
Regular attendance is required. Work takes place in a semi paperless environment within an office setting, either on business premises or other remote location, using standard office equipment such as computers, phones, and photocopiers, which requires being stationary for extended periods of time. Will come into the office when asked to do so.While performing the duties of this job, the employee is regularly required to talk or hear, and maintain concentration and focus. The employee frequently is required to stand; walk; use hands and fingers, handle or feel; and reach with hands and arms and work with close vision. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Work is performed indoors with little to no exposure to extreme outdoor weather conditions.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
SFM Mutual Insurance Company and each of its parent companies, subsidiaries and/or affiliated companies are Equal Opportunity/Affirmative Action Employers. All employment decisions are made without regard to race, color, religion, sex, national origin, age, sexual orientation, marital, familial, or veteran status, medical condition or disability, or any other legally protected classification.
SFM Companies, EEO/AA Employers .
SFM is a participant of E-Verify.
Applicants have rights under Federal Employment Laws.
Join us!! Click Apply Now
#SFMjobs