Liberty Mutual Insurance
Lead Accountant, Technical Accounting
Liberty Mutual Insurance, Boston, Massachusetts, us, 02298
Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications, and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
When you enter a finance and accounting position at Liberty Mutual Insurance, you will find the same dynamic environment and challenges as within other organizations. Yet you will find something more: an opportunity to apply your analytic and technical skills to a company renowned for its integrity and focus on developing its employees' careers.
As a Lead Accountant, you will conduct complex assignments involving maintaining ledger accounts and developing financial statements and reports.
Responsibilities:
Prepare complex financial reports utilizing a broad knowledge of accounting policies and procedures.
Prepare and/or input general ledger entries by utilizing set procedures and various accounting systems.
Research complex accounting treatment and policies by utilizing available technology and other resources.
Research and resolve complex reconciling issues and discrepancies; take corrective measures to prevent.
Provide customer service to internal and external groups.
Review financial reports for accuracy and ensure timely preparation.
Prepare analysis and be prepared to provide explanations for unusual and/or inconsistent trends.
Suggest process improvement initiatives and provide solutions to enhance current processes.
Responsible for efficiently assisting the Accounting Manager in managing the accounting and financial activities pertaining to pensions and post-retirement benefits for the organization.
Collaborate with cross-functional teams and external teams to gather data and ensure accurate and timely recording of pension and post-retirement transactions.
Collaborate with external auditors and consultants during audits and other financial reviews.
Maintain strong relationships with relevant external stakeholders, such as actuaries, auditors, and benefits team ensuring effective communication and timely resolution of any issues or inquiries.
Proactively manage and analyze monthly cash flows to support financial planning and decision-making.
Create monthly financial exhibits highlighting key financial metrics, trends, and variances to provide valuable insights and support informed decision-making.
Qualifications:
Bachelor’s degree (Accounting or Finance) required. CPA or advanced degree in Accounting preferred.
Minimum of 5 years of accounting or finance experience. Pension or post-retirement accounting experience strongly preferred.
Must demonstrate attention to detail in a fast-paced work environment and the ability to adapt quickly to changing conditions to achieve results.
Communicates well with own team and across organizational boundaries to create alignment and ensure the successful completion of shared goals.
Comfortable leading meetings and able to communicate issues and trends to senior management and other groups at the appropriate level of detail.
Possesses a solid understanding of accounting principles.
ERP experience preferred.
About Us
This position may have in-office requirements depending on candidate location.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits, and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable, and inclusive workplace, where all 45,000 employees feel a sense of community, belonging, and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn, and engage.
We value your hard work, integrity, and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:
https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information, or on any basis prohibited by federal, state or local law.
Fair Chance Notices:
California
San Francisco
Los Angeles
Philadelphia
#J-18808-Ljbffr
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications, and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
When you enter a finance and accounting position at Liberty Mutual Insurance, you will find the same dynamic environment and challenges as within other organizations. Yet you will find something more: an opportunity to apply your analytic and technical skills to a company renowned for its integrity and focus on developing its employees' careers.
As a Lead Accountant, you will conduct complex assignments involving maintaining ledger accounts and developing financial statements and reports.
Responsibilities:
Prepare complex financial reports utilizing a broad knowledge of accounting policies and procedures.
Prepare and/or input general ledger entries by utilizing set procedures and various accounting systems.
Research complex accounting treatment and policies by utilizing available technology and other resources.
Research and resolve complex reconciling issues and discrepancies; take corrective measures to prevent.
Provide customer service to internal and external groups.
Review financial reports for accuracy and ensure timely preparation.
Prepare analysis and be prepared to provide explanations for unusual and/or inconsistent trends.
Suggest process improvement initiatives and provide solutions to enhance current processes.
Responsible for efficiently assisting the Accounting Manager in managing the accounting and financial activities pertaining to pensions and post-retirement benefits for the organization.
Collaborate with cross-functional teams and external teams to gather data and ensure accurate and timely recording of pension and post-retirement transactions.
Collaborate with external auditors and consultants during audits and other financial reviews.
Maintain strong relationships with relevant external stakeholders, such as actuaries, auditors, and benefits team ensuring effective communication and timely resolution of any issues or inquiries.
Proactively manage and analyze monthly cash flows to support financial planning and decision-making.
Create monthly financial exhibits highlighting key financial metrics, trends, and variances to provide valuable insights and support informed decision-making.
Qualifications:
Bachelor’s degree (Accounting or Finance) required. CPA or advanced degree in Accounting preferred.
Minimum of 5 years of accounting or finance experience. Pension or post-retirement accounting experience strongly preferred.
Must demonstrate attention to detail in a fast-paced work environment and the ability to adapt quickly to changing conditions to achieve results.
Communicates well with own team and across organizational boundaries to create alignment and ensure the successful completion of shared goals.
Comfortable leading meetings and able to communicate issues and trends to senior management and other groups at the appropriate level of detail.
Possesses a solid understanding of accounting principles.
ERP experience preferred.
About Us
This position may have in-office requirements depending on candidate location.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits, and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable, and inclusive workplace, where all 45,000 employees feel a sense of community, belonging, and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn, and engage.
We value your hard work, integrity, and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:
https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information, or on any basis prohibited by federal, state or local law.
Fair Chance Notices:
California
San Francisco
Los Angeles
Philadelphia
#J-18808-Ljbffr