Senior Accountant

Old Republic Title; Minnetonka (MN); On-site; USD 95,000 - 100,000; Full time

Benefits offered by this job

Comprehensive medical, prescriptions,

401(k) plan with match

Paid time off

11 company holidays

Flexible spending account

Health savings account

Job summary

Old Republic Title is seeking a Senior Accountant in Minnetonka, MN for a hybrid role requiring in-office attendance at least two days per week, including Wednesdays. The role focuses on multi-entity reconciliations, intercompany eliminations, equity accounting, allocations, and subsidiary accounting.

The position demands 5+ years in accounting, experience with consolidation, intercompany transactions, and high-volume reconciliations, plus strong Excel and accounting software skills.

Qualifications

• Bachelor’s degree in finance or accounting and 5+ years of accounting experience.
• Experience with consolidation and intercompany transactions and high-volume financial reconciliations.
• Proficiency with Microsoft Excel and accounting software.
• Experience with title insurance and premium accounting is a plus.
• Workday experience is a plus.

Responsibilities

• Coordinate the month-end close process, including recording complex journal entries and reconciling multi-entity transactions.
• Own intercompany, elimination and equity accounting processes and design allocation rules.
• Understand underwriter premium splits, minority interest calculations, and statutory guidelines with GAAP/regulatory accounting.
• Collaborate with field management and treasury to streamline multi-entity financial workflows.
• Perform account reconciliations for balance sheet accounts and intercompany accounts; provide variance explanations.
• Investigate discrepancies between field records and the general ledger; assist with audits as needed.

Skills

5+ years accounting experience

Consolidation & intercompany

Excel proficiency

Workday experience

Title insurance/premium accounting

Education

Bachelor’s degree in finance or accounting

Tools

Microsoft Excel

Accounting software

Workday

Job description

Job Description:

We are seeking an experienced, highly motivated, organized, detail-oriented Senior Accountant who can manage accounting processes related to multi-entity reconciliations, intercompany eliminations, equity accounting, allocations, and subsidiary accounting. Responsibilities include processing journal entries, completing month end close, audit support, executing internal controls and completing complex account reconciliations.

This is a hybrid position and will require in-office attendance at our Minnetonka, MN location at least two days/week including mandatory Wednesday’s.

Essential Duties and Responsibilities:

• Coordinate the month-end close process, including recording complex journal entries, maintaining a detailed checklist, communicating with subsidiary business partners, and proactively troubleshooting issues as they arise throughout the close. Record and process multi-entity transactions and subsidiary adjustments into the general ledger.

• Own and facilitate the intercompany, elimination and equity accounting processes, including designing new allocation rules and maintaining existing models.

• Pursue knowledge of underwriter premium splits, minority interest calculations, and statutory guidelines, coordinating proper GAAP and statutory regulatory accounting.

• Partner with field management and corporate treasury to initiate process improvements and streamline multi-entity financial workflows where possible.

• Perform account reconciliations for related balance sheet accounts, including high-volume intercompany accounts, providing robust support for all account balances. This also entails providing detailed variance explanations for specific accounts, researching reconciling items, and partnering with the business to identify process improvements as needed.

• Investigate and resolve discrepancies between field transaction records and the general ledger.

• Assist with audits (internal, external, regulatory, or underwriter-driven) by providing entity-specific reports, transaction ledgers, and required compliance documentation.

Knowledge and Skills Required:

• Bachelor’s degree in finance or accounting and 5+ years of accounting experience.

• Experience with consolidation and intercompany transactions and high-volume financial reconciliations, a must.

• Proficiency with Microsoft Excel and accounting software.

• Experience with title insurance and premium accounting, a plus.

• Workday experience, a plus

Communication and Interpersonal Skills:

• Excellent professional written, verbal, listening and communication skills.

• Must be a personable, positive, and professional representative of the company.

• Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along with others, i.e., peers, employees, supervisors, outside customers, and vendors. Lead by positive example.

• Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.

• Actively listens and is mindful of the role body language, gestures and other nonverbal actions can play in communication.

Physical/Mental Demands:

• The ability to work with confidential information.

• The ability to perform under pressure and be flexible with disruptions throughout the workday.

• Repetitive and continual keyboard activity and interaction with display monitors is required.

• Local/daily travel by automobile and overnight business travel by air and/or automobile may be required.

#LI-KT1

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position’s Pay Range :

$95,000 - $100,000/annually

Benefits may include:

• Comprehensive medical, prescriptions, dental and vision plans

• 401(k) plan with a discretionary company match

• Shareholder Purchase and Reinvestment Plan

• Basic life and accidental death and dismemberment insurance premium paid by the company

• Voluntary supplemental life insurance for employees, spouses and dependent children

• Fertility and Family Building Benefits

• Paid Disability benefits

• Paid time off programs

• 11 Company paid holidays per year

• Flexible spending account

• Health savings account (available to High Deductible Health Plan participants only)

• Employee Assistance Program

• Educational Assistance Program

• Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance

• Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge

• Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer