Accountant

Arch Insurance Group Inc.; Greensboro (NC); On-site; USD 52,000 - 76,000; Full time

Benefits offered by this job

Health benefits

401(k) match

PTO 20 days

Paid holidays

Parental Leave

Life & Disability

Student Loan Assistance

Job summary

Arch Insurance Group Inc. in Greensboro, NC is seeking an Accountant to perform accounting close functions, apply GAAP and statutory accounting policies, and present financial results to senior management. The role requires 1–3 years of related experience and CPA eligibility.

The position involves preparing journal entries, account reconciliations, variance analysis, and supporting quarterly and annual reports, including statutory statements. Collaboration with multiple teams is essential.

Qualifications

• Bachelor's degree in Accounting or related field and CPA (or readiness to meet) plus 1–3 years related experience.

Responsibilities

• Prepares monthly journal entries for the close process.
• Collaborates with other departments and external service providers to ensure proper recording of transactions.
• Applies accounting policies to the financial records of Arch MI entities.
• Prepares monthly account reconciliations for balance accuracy.
• Conducts variance analysis and presents results to senior management.
• Assists in schedules for monthly, quarterly and annual reporting, including audited stat ory statements.
• Provides support for auditors and performs ad hoc technical research as needed.

Skills

GAAP

Statutory acct.

Financial analysis

Month-end close

Communication

Education

Bachelor's in Accounting

CPA (or eligible)

Tools

ERP

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

The Accountant performs accounting close functions, applies accounting policies, presents financial results to senior management, prepares quarterly and annual internal and external reports in accordance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting guidance, and performs technical research and analysis.

• Prepares monthly journal entries for the accounting close process.
• Collaborates with other departments and/or external service providers to ensure all transactions have been properly recorded.
• Applies accounting policies to financial records of the various Arch MI entities.
• Prepares monthly account reconciliations to ensure accuracy of account balances.
• Performs variance analysis and researches changes on a monthly/quarterly basis to present results to senior management.
• Assists in the preparation of schedules for monthly, quarterly and annual reporting and assists with the annual audited statutory statements.
• Provides assistance, reconciliations, account activity explanations, and other support as required for internal and external auditors.
• Performs research on technical accounting matters and performs other ad hoc analysis as needed.

Knowledge and Skills

Working knowledge of accounting theory, GAAP and Statutory Accounting Principles. Ability to understand and apply standard practices and procedures. Understanding of month-end close process and account analysis. Knowledge of financial applications, such as ERP. Skilled in identifying and resolving moderately complex accounting issues. Excellent communication and interpersonal skills. Strong time management and organizational skills with the ability to consistently meet deadlines. Strong analytical skills. Ability to work collaboratively with others within the department and across the Company.

Education & Experience:

Required knowledge and skills would typically be acquired through a Bachelor’s degree in Accounting or related fields and a CPA (or requirements for certification met or will be met) plus 1-3 years related experience.

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care

14500 Arch U.S. MI Services Inc.