Skip navigation
Financial Accountant

Financial Accountant

Job Description

Job Description
Job Title: Financial Accountant
Department: Accounting/Finance
Reports To: Manager Financial Reporting
Applies principles of accounting to analyze financial information and prepare financial reports by performing the following duties.
Essential Duties and Responsibilities include the following:
Adheres to all SafeAuto policies and procedures, as outlined in the Associate’s Handbook.
Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting authorized business transactions and organizes the documentation in monthly standard-format binders.
Prepares data for financial and compliance reporting (both external and internal), including quarterly and annual statutory and GAAP filings, premium taxes, results by state, etc.
Distributes expenditures, budget, encumbrances, receipts, and receivables according to schedules.
Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.
Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers (balance sheet reconciliation binder).
Audits details from Administration program (Autopilot), and prepares reports to substantiate individual transactions prior to settlement.
Compile and analyze financial statements for real estate investments to determine trends and significant changes.
Monitors compliance with generally accepted accounting principles and company procedures.
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
Installs, modifies, documents, and coordinates implementation of accounting systems and accounting control procedures.
Reconcile monthly bank accounts.
Prepare information for internal audit, external auditor, Ohio DOI and other auditor requests.
Determines proper handling of financial transactions and approves transactions within designated limits.
Researches & administers reporting for unclaimed funds.
Serves as accounts payable back-up.
Gathering, analysis & reporting of reinsurance data.
Daily A/R balancing of bank results and internal results (cash folders).
Year-end 1099's.
Makes recommendations regarding the accounting of reserves, assets, and expenditures.
Conducts studies and submits recommendations for improving the organization's accounting operation.
Other, related duties, as assigned.

Job Requirements

Bachelor's degree (B. A.) from four-year college or university and three to six years related experience and/or training, or equivalent combination of education and experience.
Financial Accountant I vs. Financial Accountant II
While the positions have similar areas of responsibilities, the Financial Accountant II will be required to handle more complex issues and require less supervision to complete those areas of responsibilities. New hires are place as a Financial Accountant I or II based on accounting experience and skillsets at time of hire.  Promotion to Financial Accountant II is not obtained by experience or time on the job, but rather, performance and exhibited proficiencies.

Job Snapshot

Employment Type Full-Time
Job Type Finance, Accounting
Education 4 Year Degree
Experience Not Specified
Manages Others Not Specified
Industry Insurance
Required Travel Not Specified
Job ID 270
CareerBuilder Tip:
For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using you are agreeing to comply with and be subject to the Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.

Financial Accountant

Enter notes about this job: