Analyst, Global Accounting Quality Assurance

Company: Assurant
Location: Vernon Hills
Posted on: October 12, 2021

Job Description:

Assurant has an exciting opportunity for an Analyst, Global Accounting Quality Assurance!

This individual will support Assurant’s Balance Sheet Reconciliation Quality Assurance (QA) team with routine quality assurance reviews of the enterprise portfolio of reconciliations.  The QA Analyst will conduct, monitor, and evaluate testing of all GAAP/STAT balance sheet reconciliations, communicate results, and apply recommended actions for improvements.  

The QA Analyst provides accurate and timely financial information to internal/external customers, Segment and Corporate management, and to regulatory agencies on behalf of Segment and Corporate management. 

The position serves as subject matter expert in the interpretation and application of broad areas of accounting theory, exercises influence to drive results in the accomplishment of goals and plays a leadership role in enhancing existing processes by identifying alternative solutions and leading implementation efforts. 

The QA Analyst is familiar with a variety of accounting process concepts, best practices and procedures and provides guidance and development support to accounting staff. 

The ideal candidate must be able to contribute to the Shared Service strategy and execution by applying knowledge and experience and helping develop internal resources.  

This role will be required to help US and International teams meet their compliance deadlines and address issues as they arise.

Primary Responsibilities

• Participate in the initiating, planning, executing, controlling, and reporting testing activities related to BSR QA processes, applications and system using formal QA methodology.

• Performs the assessment of balance sheet reconciliations for quality, accuracy and related controls and procedure compliance in specialized area.  Supports assessment planning and prioritization and ensures gaps identified are clearly articulated in the monthly report and resolutions are escalated to management.    

• Ability to execute and report on the effectiveness of Assurant’s balance sheet reconciliations across all financial statement lines and functional areas including, Finance, Actuarial, Claims, Tax, Investments, Premium Accounting, business operations, and technology.

• Report findings by writing the observations and recommendations, ensuring alignment with corporate policy and standards and assist Global Accounting with remediation efforts.

• Serve as a change agent for the development and implementation of strategic initiatives across Global Finance organization in designing and implementing best/leading practices across Assurant.

• Work on multiple concurrent projects, managing conflicting priorities to achieve desired outcomes.

• Provides input to and effectively communicates relevant observations and recommendations to management.

• Utilize Blackline and automated audit tools as part of quality assurance process when appropriate.

• Responsible for ensuring all procedural documentation for balance sheet reconciliations, attestations, and quality assurance assessments are accurate and maintained.

• Maintain knowledge of and industry leading practices around audit quality assurance and improvement

• Perform miscellaneous job-related duties as assigned.

Basic Qualifications Required - Experience, Skills and Knowledge:

• CPA or equivalent international professional accounting/finance qualification preferred

• Minimum of 1-3 years of accounting and reconciliation experience

• Data analytic techniques

Travel Required

• 10-15%

Preferred Experience, Skills and Knowledge:

Education:

• Experience in audit practices

• Experience in an insurance accounting environment and working knowledge of U.S. Statutory Reporting requirements.  International regulatory reporting knowledge a plus. 

• Experienced working in a multination environment would be a great advantage

• Experience with ERP and reconciliation tools

• Prior Shared Services or Business Process Outsourcing experience

Knowledge and Skills:

• Strong understanding of US GAAP and management reporting

• Strong understanding of reconciliation concepts and experience in preparing account reconciliations and supporting documentation

• Working knowledge of regulatory requirements (i.e. MAR, SOX, audits)

• Excellent financial analysis skills and judgment

• Experience in leveraging technology to improve Finance processes

• Strong business and finance acumen

• Problem analysis and resolution at a functional level

• Strong documentation skills

• Ability to influence without authority

• Ability to work effectively and independently with other disciplines

• Self-starter with a strong attention to details

• Ability to multi-task, work well under pressure and perform in a fast-paced environment

Assurant Employee Benefits and Value Proposition

We offer a competitive salary and comprehensive benefits to full time and part time employees including medical, dental, STD, LTD, life insurance, 401(k), generous paid time off and much more.

We strive to maintain a professional, yet friendly environment and promote professional and career development for our employees.

Assurant is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

To learn more about our current opportunities and apply online, please visit: http://www.assurant.jobs < http://www.assurant.jobs/ >

Follow us on Twitter! http://twitter.com/AssurantCareers < http://twitter.com/AssurantCareers > (@AssurantCareers)

Keywords: Assurant, Arlington Heights , Analyst, Global Accounting Quality Assurance, Other , Vernon Hills, Illinois