RSM US LLP Looking for Accounting Manager – Troubled Company and Receivership at Farmington, CT  Full Time

Risk & Regulatory Consulting

Accounting Manager – Troubled Company and Receivership Practice

JOB DESCRIPTION:

The Accounting Manager will be responsible for managing all aspects of the financial operations and reporting for insurance companies in supervision or receivership. The Accounting Manager’s responsibilities may also include handling employee relations, policies and procedures, employee benefits, payroll, and may perform other administrative duties as required.

JOB DUTIES AND RESPONSIBILITIES:

* Responsible for all aspects of accounting (accounts payable, accounts receivable, billing, general ledger entries, bank reconciliation, reinsurance recoverable, tax preparation and reporting, cash applications, collections, and payroll)

* Responsible for delivering timely and accurate financial processing, month end close, cash management reports, and balance sheet reconciliation

* Responsible for cash management, including performing wire transfers, ACH payments, and monitoring bank activity

* Maintain professional banking relationships

* Coordinate and direct the development and preparation of budgets, forecasts, and projections

* Prepare reinsurance billings and reconciliation of balances due to and from reinsurers

* Administer reinsurance audits in accordance with the reinsurance treaties

* Review payroll taxes and ensure timely payment of payroll and corporate taxes by payroll service

* Prepare and track State Sales & Use Taxes: quarterly; semi-annually; or annually for based on statute priorities

* Review state and federal tax filings

* Prepare various analysis needed for court filings

* Prepare monthly, quarterly, and annual financial statements, bank reports, and various detailed analysis reports, including MISC-1099 for companies in receivership

* Maintain files and comply with record retention requirements and court record destruction orders

* Process payroll using a payroll service

* Gather appropriate information from employees and maintain personnel files

* Set up employees on company e-mail address book for emergency contact purposes

* Maintain employee vacation and pre-receivership and post-receivership records

* Manage the benefit forms with the various agencies

* Negotiate the company’s insurance policies annually or as often as fiscally beneficial (physical damage, liability, worker’s compensation) and oversee the claims submission process to ensure loss control measures are being adhered to

* Attend insurance and receivership training virtually and/or in person

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:

* Thorough knowledge of generally accepted accounting principles, insurance statutory accounting knowledge is a plus

* Strong leadership, management, and organizational skills

* Strong analytical and reasoning abilities with superior numeric skills

* Possess well-developed interpersonal and communication, verbal, and written skills

* Must be result and profit oriented with the ability to balance other business considerations and perform multifaceted projects

* Must be highly motivated and able to function independently and multi-task

* Must be detail oriented

* Ability to manage and direct employees

* Ability to resolve employee conflicts, problems, and complaints

* Expert computer skills – proficient in Microsoft Word, Microsoft Excel, Access, and Outlook with emphasize on using accounting software

MINIMUM ACCEPTABLE TRAINING AND EXPERIENCE:

* Minimum of a Bachelors Degree in Accounting, combined with 3-5 years experience in Accounting

* Insurance Industry experience, MBA, CFA or CPA strongly preferred

* Statutory accounting experience is a plus

* Potential travel up to 25%

Currently, RSM does not intend to hire candidates for entry level positions who will need, now or in the future, RSM sponsorship through any non-immigrant visa category such as the H-1B, H-1B1, E-3, O-1, or TN.

RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [email protected].

The firm offers a competitive benefits package, base compensation, and an employee bonus program for eligible roles based on individual and firm performance per program guidelines. Base compensation ranges can be found between the ranges noted below in the posting, and an actual offer can vary based upon on role, hiring location, and qualifications. For additional information on RSM’s total rewards, visit our website at .

If required by applicable law or client policy, you may be required to be vaccinated for COVID-19 or have an approved accommodation.

You
want your next step to be the right one. You’ve worked hard to get where you
are today. And now you’re ready to use your unique skills, talents and
personality to achieve great things. RSM is a place where you are valued as an
individual, mentored as a future leader, and recognized for your
accomplishments and potential. Working directly with clients, key decision
makers and business owners across various industries and geographies, you’ll
move quickly along the learning curve and our clients will benefit from your
fresh perspective.

Experience RSM US. Experience the power of being understood.

RSM is an equal opportunity/affirmative action employer.
Minorities/Females/Disabled/Veterans.