Staff Accountant

Canopius Group; Chicago (IL); Hybrid; USD 60,000 - 75,000; Full time

Benefits offered by this job

Hybrid working

Competitive base salary

Discretionary bonus

Medical, dental and vision insurance

Job summary

Canopius is seeking an entry-level Finance associate in Chicago to support monthly close, reconciliations, intercompany transactions, and statutory reporting. Role involves coordinating with NY operations and UK parent team, with room to grow as experience increases.

You will assist with bank reconciliations, intercompany payables/receivables, and group ledger submissions in a hybrid work environment. The position offers a base salary with benefits and growth potential.

Qualifications

• Experience supporting monthly close processes and reconciliations in a finance environment.
• Understanding of intercompany transactions and settlements.
• Familiarity with statutory reporting and group ledger submissions.

Responsibilities

• Reconciling various bank accounts each month
• Maintaining entries and reconciliations for intercompany payables/receivables
• Assisting preparation of annual and quarterly statutory financial statements
• Preparation of entries and wire requests for monthly settlements
• Support group ledger submissions coordinated by UK parent team

Skills

Business Process Improvement

Change Management

General Ledger Accounting & Reconcili-

Documentation & Records Management

Insurance Industry Expertise

Regulatory Compliance

Process Standardisation & Automation

Tax & Financial Reporting

Tax & Accounting Principles

Job description

The Role

As part of the Finance team in Chicago this role will be supporting both the Chicago operations and the NY Operations. This is an entry level position that performs a critical function with room to grow as experience and efficiencies are developed. The role will be responsible for supporting monthly financial close processes, including account reconciliations, intercompany transactions, and settlement activities, while assisting with statutory reporting and group ledger submissions. This includes accuracy and timeliness of financial records in compliance with internal and external requirements.

Job Description

The Role

As part of the Finance team in Chicago this role will be supporting both the Chicago operations and the NY Operations. This is an entry level position that performs a critical function with room to grow as experience and efficiencies are developed. The role will be responsible for supporting monthly financial close processes, including account reconciliations, intercompany transactions, and settlement activities, while assisting with statutory reporting and group ledger submissions. This includes accuracy and timeliness of financial records in compliance with internal and external requirements.

Responsibilities

• Reconciling various bank accounts each month
• Maintaining entries and reconciliations for intercompany payables/receivables each month
• Assisting preparation of various annual and quarterly statutory financial statements
• Preparation of entries and wire requests for various monthly settlements
• Various UK parent group provided entries and ledger summary submissions

Skills And Qualifications

• Business Process Improvement (Proficiency Level 1)
• Change Management (Proficiency Level 1)
• Control Assurance (Proficiency Level 1)Data Management (Proficiency Level 1)
• Documentation & Records Management (Proficiency Level 1)
• Insurance Industry Expertise (Proficiency Level 2)
• Regulatory Compliance (Proficiency Level 1)
• General Ledger Accounting & Reconciliation (Proficiency Level 2)
• Process Standardisation & Automation (Proficiency Level 1)
• Tax & Accounting Principles and Standards (Proficiency Level 1)
• Tax & Financial Accounting (Proficiency Level 2)
• Tax & Financial Reporting (Proficiency Level 2)

Salary Range: $60,000 - $75,000

Our Benefits

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.

We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.