Staff Accountant

Group 1001; Stamford (CT); On-site; USD 120,000 - 150,000; Full time

Job summary

A leading company, Group 1001, is seeking a Staff Accountant in Stamford, CT. The role involves various accounting responsibilities including financial reporting and analysis. Candidates should possess a bachelor's degree in accounting or finance, with strong Excel and accounting skills. This entry-level position emphasizes attention to detail and integrity within a collaborative finance team.

Benefits

Comprehensive health, dental, and vision insurance

401K plan with matching contributions

Employee Assistance Program

Qualifications

• 1-3 years’ experience in accounting.
• Advanced skills in Microsoft Excel.
• Familiarity with Insurance Statutory Accounting is a plus.

Responsibilities

• Prepare Consolidated Financial Statements (US GAAP).
• Assist in regulatory compliance for state filings.
• Compile and review financial statements and reconciliations.

Skills

Microsoft Excel

Accounting principles

Attention to detail

Education

Bachelor’s degree in accounting or finance

Job description

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Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Stamford, Connecticut-based RVI Group, a Group 1001 company, is a financial services company focused on specialty property and casualty insurance and reinsurance. For over 30 years, RVI Group’s flagship residual value insurance products have protected lessors, investors, and lenders against market value declines in assets and were instrumental in helping clients, who are active worldwide, manage asset risk and lease accounting across multiple asset classes, including passenger vehicle, commercial equipment and commercial real estate.

Position Summary

We are seeking an energetic Staff Accountant to join our Finance team. Responsibilities will include supporting the accounting needs internally within the RVI Group departments, lines of businesses and shareholder; as well as, externally with clients, brokers, vendors, banking partners, investment manager and independent auditors. This individual will also be responsible for assisting the department with various account reconciliations, financial reporting, accounts payable and financial analysis work.

Qualifications include a solid understanding of accounting principles and solid Microsoft Office knowledge with advanced Excel skills working with conditional formulas, pivot tables, and visualization. A familiarity with Insurance Statutory Accounting, general ledger, financial reporting and planning systems is a plus. This individual must have excellent attention to detail, drive to excel, and a willingness to learn.

In addition to the supervisor, this individual will work closely with all members of the Finance team. This Staff Accountant must act with the highest level of integrity, business and personal ethical standards in all aspects of job performance.

Primary Duties And Responsibilities

• Assist in the preparation of Consolidated Financial Statements (US GAAP and US Statutory)
• Assist in quarterly and annual regulatory compliance for filings with the various state department of insurances, NAIC and the State of Delaware
• Participate in monthly, quarterly and annual close processes
• Generate financial reports and management presentations
• Compile and review financial statements
• Prepare various account reconciliations and provide analysis of results/variances
• Prepare SG&A actual vs budget reports and provide analysis of results
• Assist with expense reviews, vendor management and disbursement control
• Assist with financial planning and analysis processes
• Assist in the preparation of premium tax, use tax and property tax returns
• Maintain fixed asset software and add/dispose of new/disposed fixed assets
• Prepare quarterly fixed asset journal entries and reconciliations
• Assist in tracking general and specific accruals and related journal entries
• Assist in other ad-hoc projects and analytical work
  
  

Secondary Duties And Responsibilities

• Assist in maintaining internal controls
• Assist in evaluating and maintaining accounting systems
• Assist in special projects
• Maintain accounting records
  
  

Position Requirements

Education and Experience:

• Bachelor’s degree in accounting or finance required
• Minimum of one to three years’ experience
  
  

Technical Knowledge / Skills:

• Insurance industry experience preferred, but not required
• Excellent organizational skills
• Proficiency in Microsoft Word and Excel with experience in using formulas, pivot tables and charts
  
  

Key Competencies (self-management, collaboration and leadership):

• Ability to learn new tasks and skills quickly; comfortable asking questions and verifying information and requirements
• Ability to initiate continuous improvements to enhance processes or products
• Ability to effectively share and communicate perspectives on information
• Ability to undertake multiple assignments and achieve results independently
• Must be effective in working in a team environment and juggling multiple priorities
• Must have excellent communication skills
• Strong interpersonal and collaboration skills
  
  

Work Location:

This position requires working in the Stamford office two days a week.

Benefits Highlights:

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Insurance

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