Senior Accountant, Statutory Financial Reporting
Prosperity Life · New York, NY · 3 wk ago
Accounting$90k–$110k/yrFull-time
About the role
We're looking for a detail-oriented Statutory Financial Reporting Senior Accountant to support the preparation of financial statements in accordance with NAIC Statutory Accounting Principles (SAP).
Responsibilities
- Prepare and record journal entries as part of the monthly, quarterly, and annual close
- Aid in the preparation of quarterly and annual statutory financial statements in accordance with NAIC SAP
- Maintain clear, organized support for reported balances and disclosures
- Perform reconciliations between general ledger balances and underlying source data
- Ensure accuracy, completeness, and consistency of financial information across reporting periods
- Align disclosures and supporting documentation across multiple legal entities
- Ensure documentation meets internal standards and external reporting requirements
- Identify opportunities to reduce manual processes and enhance existing reporting workflows
- Collaborate closely with members of the finance team to support compliance and reporting objectives
- Support external audits by preparing requested schedules, documentation, and explanations
- Take on additional responsibilities as needed to support the broader financial reporting function
Core Competencies
- Statutory Financial Reporting (NAIC SAP): Working knowledge of statutory accounting principles and experience supporting quarterly and annual statutory financial statements
- Close & Journal Entry Management: Hands-on experience preparing and recording journal entries as part of monthly, quarterly, and annual close cycles
- Reconciliations & Data Accuracy: Strong ability to reconcile general ledger balances to source data and identify variances or data issues
- Disclosure & Documentation Alignment: Experience maintaining organized support and ensuring consistency of disclosures and reporting documentation across entities
- Audit Support: Proven ability to partner with internal and external auditors by preparing schedules, documentation, and clear explanations
- Process Improvement Mindset: Proactive in identifying opportunities to reduce manual effort, streamline reporting processes, and improve controls
- Analytical & Problem-Solving Skills: Strong analytical approach with the ability to exercise professional judgment and resolve reporting issues independently
- Advanced Excel Capabilities: High level of proficiency using Excel to support reconciliations, analysis, and financial reporting
- Collaboration & Communication: Clear communicator who works effectively with cross-functional finance partners under deadline-driven environments
Qualifications
- Bachelor's Degree in Accounting
- Strong attention to detail, even under tight reporting deadlines
- Ownership mindset with a continuous improvement orientation
- Well-developed analytical, organizational, and problem-solving skills
- Advanced proficiency in Excel
- Clear and effective written and verbal communication skills
- 2+ years of relevant professional experience
- Experience preparing financial statements and supporting financial reporting processes
- Working knowledge of NAIC Statutory Accounting Practices (SAP)