Senior Financial Accounting Analyst/Auditor

State of Ohio; Columbus (OH); On-site; USD 115,650 - 141,350; Full time

Benefits offered by this job

Medical Coverage

Free Dental and Vision Insurance

Paid Time Off, including 11 paid holidays

Education and Development Opportunities

Job summary

The State of Ohio is seeking a candidate for a full-time financial auditing position. Responsibilities include analyzing and reviewing financial statements of insurance companies to ensure compliance with regulations. The ideal candidate should hold an AFE, CPA, or CFE designation, with relevant experience. The position offers a salary of $64.25/hour and comprehensive benefits including medical coverage, paid time off, and development opportunities.

Qualifications

• Accredited Financial Examiner (AFE) designation and 2 years of related experience.
• Certified Public Accountant (CPA) designation and 3 years of experience in relevant fields.
• Certified Financial Examiner (CFE) designation with similar experience.

Responsibilities

• Analyze financial condition of insurance companies for solvency and compliance.
• Prepare and recommend priority levels for companies based on audits.
• Evaluate operational compliance with recommended review implementations.

Skills

Analyzation

Attention to Detail

Results Oriented

Time Management

Written Communication

Education

Accredited Financial Examiner (AFE)

Certified Public Accountant (CPA)

Certified Financial Examiner (CFE)

Tools

Financial Statements

Regulatory Compliance

Auditing

Accounting and Finance

Job description

Organization

Insurance

Agency Contact Name and Information: Kim Lowry 614-644-2681

Unposting Date

Ongoing

Work Location

50 W Town St 50 West Town Street Suite 300 Columbus 43215

Primary Location

United States of America-OHIO-Franklin County-Columbus

Compensation: $64.25

Schedule

Full-time

Work Hours: 40

Union: OCSEA

Primary Job Skill

Auditing

Technical Skills

Interpreting Financial Statements, Regulatory Compliance, Accounting and Finance, Auditing

Professional Skills

Analyzation, Attention to Detail, Results Oriented, Time Management, Written Communication

Job Description

The Office of Risk Assessment is seeking a financially minded candidate with an advanced level of experience analyzing complex financial reports, reviewing and modifying data, and determining appropriate course of action to resolve complex issues.

Key Responsibilities include but are not limited to the following:

• Performs in‑house analysis of domestic and/or foreign insurance companies’ financial condition to determine solvency and compliance to statutes and regulations, contacts companies regarding findings, determines need for subsequent action based on insurance companies’ responses to examinations and analysis.
• Prepares and recommends level of priority for each company and reviews audited financial statements and other financial reports, and periodically conducts reviews of other insurance examiner/analyst findings.
• Evaluates insurance companies’ operations to determine if prior review recommendations have been implemented, assesses company progress toward implementation of prior examination and analysis recommendations, and assumes responsibility for examination and/or analysis reports.
• Conducts, develops and maintains analysis process for use in financial assessment of annual and quarterly statements and maintains regulatory status reports for foreign and/or domestic companies; reviews various financial transactions for appropriateness and compliance to statutes and regulations.
• Performs comprehensive audits of all books, records, assets, liabilities, income, disbursements and operating policies and procedures and examines contracts to determine legality and propriety.
• Represents the Department at meetings with insurance companies and/or outside agencies; provides written and/or verbal response for request for information.

Benefits

• Medical Coverage
• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)

Qualifications

• Accredited Financial Examiner (AFE) designation by Society of Financial Examiners; 2 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
• Certified Public Accountant (CPA) designation by state accountancy board; 3 years experience in accounting, internal auditing, finance, economics or insurance; must provide own transportation; valid driver’s license.
• Certified Financial Examiner (CFE) designation by Society of Financial Examiners; 3 years department of insurance experience and/or consulting experience related to financial solvency regulation; must provide own transportation; valid driver’s license.
• Equivalent of minimum class qualifications for employment may be substituted for experience but not for mandated licensure/designation.

Employment Eligibility

Applicants must be currently authorized to work in the United States on a full‑time basis.

Reasonable Accommodation & Background Check

Ohio Department of Insurance does not discriminate on the basis of disability and complies with the ADA employment regulations. Applicants with questions about access or requiring reasonable accommodation should contact the ADA Coordinator. The final candidate selected for this position will be required to undergo a criminal background check.

EEO Statement

Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

Drug-Free Workplace

The State of Ohio is a drug‑free workplace which prohibits use of marijuana (recreational marijuana/non‑medical cannabis). This position may be subject to additional restrictions pursuant to the State of Ohio Drug‑Free Workplace Policy (HR‑39).