Accounting Manager, Corporate Benefits and Reporting

Travelers; Saint Paul (MN); On-site; USD 86,000 - 141,000; Full time

Benefits offered by this job

Health Insurance

401(k) matching up to 5% of pay

Pension Plan - 100% funded by employer

Paid Time Off (PT0) - 20 days + 9 paid

Wellness Program

Volunteer Rewards

Job summary

Travelers is seeking an Accounting Manager, Corporate Benefits, to prepare journal entries, account reconciliations, and payment requests for SEC filings and benefit plan reporting. The role does not manage others but offers growth opportunities.

The ideal candidate has a finance-related bachelor's degree and experience with equity-based compensation and benefit plan accounting. Strong communication and analytical skills are essential.

Qualifications

• Bachelor's degree in finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
• Experience with accounting for equity-based compensation, preferred.
• Experience with accounting and reporting for benefit plans, strongly preferred.
• Excellent communication skills with the ability to consult on projects and present information effectively.
• Ability to influence team members and management.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Manage multiple projects simultaneously and follow through to ensure timely completion.
• Ability to think strategically and use judgement to resolve issues as they arise.
• Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
• Ability to apply basic accounting and financial concepts to financial systems and processes.

Responsibilities

• Compile, review, and analyze complex financial data for variance analysis and trends.
• Develop and validate financial analyses for key performance metrics.
• Prepare and create components of overall business and financial plan, budget, and forecasts.
• Conduct a review for accuracy and completeness and approve internal management based financial reporting.
• Conduct a review external for financial statements which may include GAAP/SEC.
• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review complex documentation to support internal and external audits.
• Maintain compliance with various financial external regulatory requirements and internal accounting policies.
• Participate in projects involving regulatory changes relating to financial reporting.
• May provide coaching, training, and mentoring.
• Perform other duties as assigned.

Skills

Communication skills

Data analysis

Influence

Strategic thinking

Multi-project management

Microsoft Office

Financial Reporting Software

Education

Bachelor's degree in finance or accounting; CPA/CMA considered

CPA or CMA designation

Tools

TM1

Essbase

Hyperion

Microsoft Office (Excel, Word, Outlook, PowerPoint)

Job description

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$85,600.00 - $141,200.00

Target Openings

1

What Is the Opportunity?

Corporate Accounting and Reporting (CAR) is the GAAP and SEC accounting group that creates the Company’s quarterly and annual SEC filings, as well as participating in the review of Environmental, Social and Governance (ESG) reporting. Benefits Accounting is the accounting group that is responsible for calculating, tracking, and reporting activity associated with the Company’s equity compensation expense and fringe benefits. This role, as Accounting Manager, Corporate Benefits, is responsible for the preparation of journal entries, account reconciliations, and payment requests. Additionally, this role is responsible for the preparation of schedules used in external reports for SEC filings as well as filings required by the Department of Labor. The position does not manage others but has the opportunity for growth.

What Will You Do?

• Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
• Develop and validate financial analyses for key performance metrics.
• Prepare and create components of overall business and financial plan, budget, and forecasts.
• Conduct a review for accuracy and completeness and approve internal management based financial reporting, both routine and ad hoc for complete and consistent results with corporate policies and standards.
• Conduct a review external for financial statements which may include ERISA (Employee Retirement Income Security Act), GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review complex documentation to support internal and external audits with some interaction with internal auditors.
• Maintain compliance with various financial external regulatory requirements and internal accounting policies.
• Participate in projects that involve complex analysis and implementation of non-complex, routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
• May provide coaching, training, and mentoring.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor's degree in finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
• Experience with accounting for equity-based compensation, preferred.
• Experience with accounting and reporting for benefit plans, strongly preferred.
• Excellent communication skills with the ability to consult on projects and present information effectively.
• Ability to influence team members and management.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Manage multiple projects simultaneously and follow through to ensure timely completion.
• Ability to think strategically and use judgement to resolve issues as they arise.
• Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
• Ability to apply basic accounting and financial concepts to financial systems and processes.

What is a Must Have?

• Three years of finance, accounting, financial planning, or related experience.

What Is in It for You?

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.