Principal Accountant

Job Description Summary

The Controller department is seeking an analytical and highly motivated individual to perform the full range of advanced accounting activities in support of assuring timely and accurate general accounting records. The department supports GAAP and Statutory financial reporting, including financial statements, disclosures, analysis, and various regulatory filings. 

As a Principal Accountant, you will perform complex accounting activities for financial, regulatory and management reporting, and preparing account analyses and reconciliations. In addition to recurring responsibilities, you will be responsible for researching new accounting standards and assist in automation projects. You will also assist with leading other accounting level associates through their deliverables.

Location

This hybrid role involves on-site presence 3 days per week at one of our office locations in Chevy Chase, MD or New York, NY.

Responsibilities:

• Preparation of journal entries into the accounting system which includes obtaining appropriate support and performing calculations for the entries.

• Preparation of account reconciliations and conduct detailed balance sheet account reviews that will support process improvement and standardization.

• Support the implementation of new accounting standards and regulatory requirements.

• Preparation of reporting data in support of disclosures for inclusion in Berkshire’s 10K/Q filings, and GEICO’s quarterly and annual statutory filings.

• Assist with continuous improvement, automation, and internal control initiatives in support of corporate strategies, which includes driving automation of certain accounting tasks.

• Preparation of various state filings and surveys. 

• Assist with guiding and training other accounting staff members

• Support special projects, initiatives, and ad-hoc requests.

Basic Qualifications:

• Bachelor’s degree in accounting, finance, business administration, or another related field

• At least four years of experience in public accounting or an applicable corporate accounting environment

• Exceptional communication skills, both written and verbal

• Must be able to work both independently and in a team environment

• Ability to manage multiple responsibilities and deadlines

• Strong organizational, analytical and problem-solving skills

• Ability to learn and apply technical accounting and procedural information.

• Ability to work in a fast paced, changing environment with competing priorities.

• Overtime is required during peak periods

• Strong Microsoft Office skills (Word, Excel, Powerpoint, Visio, VBA)

Preferred Qualifications:

• CPA license

• Experience designing and maintaining proper internal control structure

• Experience in effectively leading cross function teams in support of organizational and continuous improvement projects

• Previous experience with insurance accounting

• Familiarity with Workday Financials general ledger application

• Wings Annual Statement reporting software experience

• Familiarity with accounting systems and automation projects

 

Annual Salary

$89,000.00 - $138,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

• Premier Medical, Dental and Vision Insurance with no waiting period**
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Reimbursement
• Paid Training and Licensures

*Benefits may be different by location.  Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

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