Insurance GAAP Accountant III - Close & Controls Expert

Oliver James Group; Jersey City (NJ); On-site; USD 85,000 - 120,000; Full time

Job summary

Oliver James Group seeks an Accountant III to support the Specialty Risk accounting operations and maintain accurate financial records in accordance with U.S. GAAP and regulatory requirements across multiple entities.

You will focus on close activities, journal entries, reconciliations, accruals, and GAAP/statutory financial statements. The role requires a strong technical accounting foundation, insurance industry experience, and collaboration with finance teams.

Qualifications

• Bachelor's degree in Accounting; CPA preferred.
• 5+ years of professional accounting experience, including at least 2 years focused on insurance accounting.
• Strong knowledge of U.S. GAAP and internal controls.
• Proficiency with Excel and ERP systems, with Oracle experience preferred.
• Experience with financial consolidation platforms such as Hyperion HFM or FCCS is a plus.

Responsibilities

• Execute routine financial close activities, including journal entries, account reconciliations, and financial reporting package preparation.
• Perform quarterly balance sheet and cash reconciliations, investigating and resolving unusual or outstanding items.
• Maintain accurate and detailed quarterly accrual schedules.
• Ensure timely and accurate recording and reconciliation of intercompany transactions, researching and resolving discrepancies with other entities.
• Assist in the preparation of GAAP and regulatory financial statements for multiple legal entities.
• Support corporate accounting and finance teams with reporting requirements and other business needs.
• Participate in special projects, including system implementations and enhancements, business integrations, internal control initiatives, and ad hoc financial analyses.

Skills

GAAP knowledge

Internal controls

Analytical skills

Time management

Team collaboration

Education

Bachelor's degree in Accounting

Tools

Oracle ERP

Hyperion HFM

FCCS

Excel

Job description

Oliver James Group seeks an Accountant III to support the Specialty Risk accounting operations and maintain accurate financial records in accordance with U.S. GAAP and regulatory requirements across multiple entities.

You will focus on close activities, journal entries, reconciliations, accruals, and GAAP/statutory financial statements. The role requires a strong technical accounting foundation, insurance industry experience, and collaboration with finance teams.