Financial Accountant I/II

Arbella 56 Group; United States; On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Company nurse

Tuition assistance

Diversity & Inclusion Council

Volunteer opportunities

Mentorship programs

Employee development

Job summary

Arbella, a people-first insurer, is seeking a Financial Accountant I/II to join the Accounting group. You will prepare quarterly and annual statutory financial statements in line with GAAP and statutory requirements, draft journal entries, and support balance sheet reconciliations.

You will also assist with the accounting software implementation and audit activities, collaborating with Finance, IT and HR as needed.

Qualifications

• Bachelor’s degree in Accounting and 1–3 years of experience in accounting.
• Strong analytical and communication skills.
• Proficiency in MS Office, advanced Excel skills.

Responsibilities

• Prepares and processes accounting journal entries for routine accounts.
• Reconciles financial balances for balance sheet accounts and resolves discrepancies.
• Assists in preparing quarterly and annual financial statements and cash flow analysis.
• Supports implementation of new accounting software and IT-related accounting tasks.
• Assists internal and external audits and provides requested analyses.

Skills

Analytical skills

Communication skills

Education

Bachelor’s degree in Accounting

Tools

MS Office/Excel

Job description

At Arbella, we’re focused on people. We work hard to attract and retain the best. That means providing a great work environment, encouraging work/life balance, offering flexible work arrangements, and competitive salaries and benefits packages. We invest in our employees and encourage them to grow so that we, too, can grow as a company. Other perks include:

• Company nurse, nutritional counseling, and mental health resources
• Tuition assistance programs
• Opportunities to get involved: Arbella Activities Committee, Diversity and Inclusion Council, and more
• A company committed to community: volunteer opportunities, employee-led community efforts, and the Arbella Insurance Foundation
• Robust training, mentorship, and professional/personal development programs
• Colleagues who genuinely care about each other

Arbella is committed to building a workplace that’s diverse, inclusive, and equitable for everyone. We’ve created a culture that supports a diverse workplace where all are valued for their talents and are empowered to reach their full potential. It’s no wonder our employees have voted Arbella one of the Boston Business Journal’s “Best Places to Work” every year since 2009!

The Financial Accountant I/II is a member of the Accounting group reporting to the Accounting Manager. This individual will work with the Accounting team to prepare quarterly and annual statutory financial statements in accordance with GAAP and statutory accounting requirements and assist with bank and balance sheet account certifications. This will include preparing journal entries and supporting schedules, executing proper controls, preparing detailed reconciliations, and preparing reporting in support of fulfilling the Company’s financial filings on a timely basis. This role will also support our accounting software implementation. They will assist in providing support to accounting management in an effort to support others within Finance, support internal and external routine audits, and other ad hoc tasks as they arise. Candidate will be hired at the appropriate level based on experience.

Key Responsibilities

• Prepares and processes accounting journal entries for routine accounts.
• Works with others in the Company to obtain necessary details behind accounting entries or to resolve any discrepancies.
• Reconciles financial balances for balance sheet accounts to underlying support, and either independently or with the assistance of other team members is able to research and resolve discrepancies in a timely manner.
• Assists in the preparation of the quarterly and annual financial statements and performs additional analysis to prepare and analyze Cash Flows.
• Assists in implementing our new accounting software.
• Has the ability to learn and understand technical aspects of the new system, and become a key contributor to creating system accounting rules and reporting.
• Assists in supporting company-wide IT projects to ensure all financial transactions and reporting are accounted for appropriately.
• Establishes relationships with IT and Actuarial department contacts to ensure the implementation is successful.
• Demonstrates a progressing understanding of statutory accounting and reporting requirements applicable to Arbella.
• Is able to grasp accounting technical guidance of basic accounting scenarios.
• Contributes to team efforts of establishing new procedures within the accounting records.
• Performs research over differences between the new accounting system and source systems.
• Supports internal and external auditors.
• Works with other Accountants to assist auditors to provide them with further analysis or explanations related to the information they need.
• Takes the lead on reconciling our health plan account.
• Establishes relationships with HR department contacts in collaboration efforts to reconcile general ledger accounts.
• Works well in team environment to meet all deadlines and prioritize responsibilities.
• Maintains a high level of detail orientation throughout daily tasks and the ability to research and resolve various reconciling items.
• Maintains in fact and appearance the utmost level of confidence, integrity and trust.
• Maintains an approachable attitude and promotes positive customer service in all dealings internally and externally.

Key Requirements

• Bachelor’s degree with a concentration in Accounting, plus 1 - 3 years of experience in the accounting field.
• Accounting/Systems Implementation experience desirable, but not required.
• Strong analytical and communication skills.
• Proficiency in MS Office, advanced Excel skills preferred.
• This position is not eligible for immigration sponsorship now or in the future.
• Our current reasonable and good faith estimate of the annual salary wage range for this position is approximately $60,000 to $65,000 Financial Accountant I and $75,000 - $85,000 Financial Accountant II based on a variety of factors including, but not limited to, relevant skills and experience, educational background and certifications, performance and qualifications, market demand for the role and other organizational needs.
• Please note: The advertised pay range is not a guarantee or promise of a specific wage.
• Arbella employees are eligible for exceptional benefit and wellness programs including medical, dental, vision, 401k plan, career development, flexible schedules and much more! Check out some of the amazing benefits and programs we offer to all employees.

Voted Boston’s Best Place To Work by the Boston Business Journal since 2009!

People stay when they love a company and its culture—and our average tenure is over 11 years! We take care of our people with the same warmth and dedication that we do our customers. There is an energy here at Arbella. We are a people-first organization, and you feel that from the moment you walk in the door.