AP Accounting Manager Job at Ledgent Finance & Accounting in Dallas

My client is seeking to add to their team and they are looking for a strong leader! Must have Bachelors degree in Accounting and must have experience leading a Accounting team, 2-3+ years

Salesforce is a PLUS

Direct Hire

**Key Responsibilities:**

1. **Financial Reporting:**

- Oversee the preparation and review of financial statements in compliance with GAAP, IFRS, and statutory accounting principles specific to the insurance industry.

- Ensure timely and accurate monthly, quarterly, and annual financial reporting.

- Coordinate with internal and external auditors to support financial statement audits and regulatory examinations.

2. **Regulatory Compliance:**

- Ensure compliance with all regulatory requirements, including state insurance departments, NAIC (National Association of Insurance Commissioners), and other relevant bodies.

- Prepare and submit regulatory filings, including quarterly and annual statements, premium tax filings, and other required reports.

- Monitor changes in accounting standards and regulatory requirements and implement necessary changes to ensure compliance.

3. **General Ledger and Account Reconciliation:**

- Manage the general ledger and ensure all financial transactions are accurately recorded.

- Oversee account reconciliation processes, including premium accounts, claims reserves, and reinsurance recoverables.

- Ensure accurate and timely monthly, quarterly, and year-end close processes.

4. **Internal Controls and Risk Management:**

- Develop, implement, and maintain internal controls to safeguard assets and ensure the accuracy and reliability of financial data.

- Identify and mitigate financial and operational risks, ensuring compliance with internal policies and procedures.

- Conduct regular reviews of accounting processes and controls to identify areas for improvement.

5. **Financial Analysis and Reporting:**

- Analyze financial results to identify trends, variances, and opportunities for cost reduction and performance improvement.

- Provide financial insights and analysis to support management decision-making.

- Collaborate with actuarial, underwriting, and claims teams to provide financial analysis related to loss reserves, premium income, and other key metrics.

6. **Reinsurance Accounting:**

- Oversee reinsurance accounting processes, including treaty accounting, reinsurance recoverable management, and reconciliation.

- Ensure proper recording and reporting of reinsurance transactions in accordance with relevant accounting standards.

7. **Team Leadership and Development:**

- Lead, mentor, and develop a team of accounting professionals, fostering a culture of high performance and continuous improvement. Will lead a team between (4-7)

- Provide training and guidance on accounting principles, insurance regulations, and internal controls.

- Conduct regular performance reviews and provide feedback to support professional growth.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county, to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.