Accountant III

AmTrust Financial Services, Inc.; Cleveland (OH); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services, Inc. seeks an Accountant III to support Specialty Risk—US entities, focusing on detailed accounting records, journal entries, reconciliations, and GAAP compliance.

The role involves preparing GAAP and regulatory financial statements, intercompany analysis, and assist with special projects and process improvements within a collaborative, multi-entity environment.

Qualifications

• Bachelor's Degree in Accounting; CPA preferred.
• 5+ years of professional experience, with 2-year focus on insurance accounting.
• Strong knowledge and application of US GAAP and internal controls.
• Proficient in Microsoft Excel.
• Experience with Oracle ERP and Hyperion (HFM) or FCCS is a plus.
• Ability to multi-task and meet deadlines; work independently or in a team.
• Strong communication, analytical, organizational and time management skills.

Responsibilities

• Perform routine close activities including journal entries and reconciliations.
• Prepare quarterly balance sheet reconciliations and cash reconciliations.
• Maintain quarterly accrual schedules and intercompany activity records.
• Support corporate team and ad hoc projects, including system enhancements.
• Assist in the preparation of GAAP and Regulatory financial statements.

Skills

US GAAP

Analytical skills

Time management

Interpersonal skills

Problem solving

Communication skills

Education

Bachelor's Degree in Accounting

CPA preferred

Tools

Oracle ERP

Hyperion (HFM)

FCCS

Excel

Job description

Overview

The Accountant III position is part of the AmTrust Specialty Risk -US team. The Accountant III position will be responsible for assisting in the accounting for Specialty Risk legal entities, including but not limited to detailed maintenance of accounting records and related controls, recording journal entries, account analysis and reconciliations, ensuring reported results comply with U.S. generally accepted accounting principles ("GAAP") and assisting in the preparation of GAAP and Regulatory financial statements for multiple entities.

Responsibilities

• Perform routine financial close activities including journal entries, account reconciliations, and financial package preparation
• Perform quarterly balance sheet account reconciliations, cash reconciliations, and investigate unusual items
• Maintain accurate and detailed quarterly accrual schedules
• Ensure the accurate and timely recording and reconciliation of all intercompany activity by researching and resolving differences with other entities
• Provide support to the corporate team, as necessary
• Assist with other ad hoc responsibilities including participation in special projects, such as system implementation and/or enhancements, business integration, internal controls, and ad hoc analyses
• Assist in the preparation of GAAP and Regulatory financial statements.

Qualifications

Required

• Bachelor's Degree in Accounting; CPA preferred
• 5+ years of professional experience, with 2-year focus on insurance accounting
• Strong knowledge and application of US GAAP, and internal controls
• Proficient in Microsoft Office Suite application especially Excel
• Experience with Enterprise Resource Planning Software (Oracle) and Hyperion (HFM) or FCCS a plus
• Ability to multi-task and work under pressure to meet deadlines
• Ability to work independently, identify problems and propose viable solutions
• Must be flexible and have demonstrated skills to work effectively in a team-oriented environment; including ongoing discussions with other departments and being the finance representative.
• Strong initiative, problem solving, and interpersonal skills, plus an orientation toward continuous improvement are required
• Technical accounting knowledge to report on US GAAP and regulatory basis
• Strong communication, analytical, organizational and time management skills

Preferred

• Public Accounting Experience
• Warranty insurance and/or strong technical insurance accounting experience with good understanding of insurance operations

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

What We Offer

• Medical & Dental Plans
• Life Insurance, including eligible spouses & children
• Health Care Flexible Spending
• Dependent Care
• 401k Savings Plans
• Paid Time Off

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices.