The Hartford Financial Services Group, Inc

AD Accounting Reporting

The Hartford Financial Services Group, Inc • $102K — $154K *
Hartford, CT 06106Hybrid
Finance & Insurance
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance or related field; CPA or MBA preferred.
  • 5+ years of insurance or public accounting experience.
  • Big Four experience is a plus.
  • Strong critical thinking and analytical skills with attention to detail.
  • Ability to work both independently and as part of a team.
  • Excellent communication and problem-solving skills.
  • Experience with financial systems like general ledger and financial reporting.

Responsibilities

  • Review and validate data in administrative systems to support financial reporting.
  • Conduct quality review of financial statements, identifying and resolving variances.
  • Analyze and investigate material variances between actuals and forecasts.
  • Develop and run system allocations and reports from the general ledger.
  • Perform reconciliations of complex balance sheet accounts and recommend solutions.
  • Review and research significant changes in financial statements to explain variances.
  • Contribute to GAAP reporting deliverables, ensuring accuracy and audit readiness.

Benefits

  • Hybrid work arrangement (3 days in-office).
  • Exposure to various departments in the Finance organization.
  • Opportunity for process improvement and implementation.
  • Involvement in special projects utilizing accounting expertise.
  • Support for audit needs, including SOX compliance and regulatory audits.
Full Job Description
AD Accounting Reporting - FA07AE

This position is within the Accounting Operations group of the Corporate Controllers organization and is primarily responsible for the GAAP financial close. The team interacts with various business partners to ensure that GAAP financials for the Property and Casualty segments are accurate by Line of Business and on a consolidated basis. This role has great opportunity to gain exposure to multiple departments in the Finance organization and will be a key contributor to the monthly financial close process. Also, as part of the team, this role will be challenged to identify process improvements opportunities and empowered to implement solutions.

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT) 3 days a week (Tuesday through Thursday).

Responsibilities include:
  • Review, validate and understand underlying data components in certain administrative systems to ensure proper reporting of information, and support Line of Business Finance, Reinsurance and Actuarial teams with any questions.
  • Review financials statements by segment for reasonableness. Serve as a quality reviewer of work prepared by others, identifying issues and resolving variances.
  • Compare period actuals to outlook and prior periods and investigate material variances to understand key drivers for the movement; and to determine if adjustments are needed.
  • Develop, maintain, and run various system allocations and reports from the general ledger and TM1.
  • Perform monthly reconciliations of complex balance sheet accounts. Identify sources of all account activity and propose recommendations to resolve issues, where applicable.
  • Review key balance sheet and income statement line items for reasonableness, research material changes from prior period/quarter to explain the variances.
  • Contribute to quarterly and annual GAAP reporting deliverables, with a focus on accuracy, completeness, and audit readiness.
  • Support various audit needs including those to support The Hartford's policies, SOX, internal audit, external audit, or other regulatory bodies.
  • Understand and identify improvement opportunities for the existing processes, workflows, and procedures ensuring documentation is comprehensive enough to manage the accounts and resolve any issues.
  • Lead and participate in projects impacting the administrative systems which include updates to existing platforms, integration of newly purchased applications, and special projects as a result of acquisitions or divestitures.
  • Lead and participate in special projects requiring accounting expertise, generative AI, conduct ad-hoc analyses as needed, and provide solutions


Qualifications:
  • Bachelor's degree in accounting, finance or related field, CPA, or MBA a plus.
  • Big Four experience a plus.
  • Minimum of 5 years' experience preferably with a history working in insurance accounting and/or public accounting.
  • Critical thinking, analytical and quantitative skills; attention to detail.
  • Ability to learn quickly and work independently, but also to contribute as part of a team.
  • Strong communication, technical accounting, and problem-solving skills.
  • Willingness to be flexible and able to successfully balance multiple competing priorities.
  • Highly motivated and able to take ownership for meeting personal goals and objectives. Experience with financial systems: general ledger, financial reporting, administrative systems etc.


Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$102,800 - $154,200

About The Hartford Financial Services Group, Inc

The Hartford is an industry leading provider of property and casualty insurance, group benefits and mutual funds. Throughout our rich history of more than 200 years, countless businesses and individuals, including Robert E. Lee, Abraham Lincoln and Babe Ruth, have turned to our company for protection. The Hartford celebrated its 200th anniversary in 2010.

The Hartford Financial Services Group, Inc. Careers

Join the esteemed team at The Hartford Financial Services Group, Inc., a leader in investment and insurance, where we offer more than just job opportunities—we provide a platform for professional growth and innovation. As one of the most respected names in the financial services industry, The Hartford is dedicated to fostering a culture of diversity, leadership, and continuous development.

Work You’ll Do

Embark on a career with The Hartford and contribute to our mission of helping customers achieve amazing financial outcomes. You will have the chance to work alongside a team of experts who are not only skilled in their fields but are also passionate about making a difference.

Transform Your Career

At The Hartford, we believe in nurturing talent through comprehensive training programs and robust career development opportunities. Our commitment to professional growth is evident in our dynamic leadership and diversity training programs that prepare you for the future.

Innovate with Us

Innovation is at the heart of everything we do at The Hartford. Join us and bring your unique perspective to help shape the future of financial services. Our collaborative environment encourages creativity and is the perfect place to advance your skills in groundbreaking ways.

Be Part of a Great Team

The Hartford is not just a company; it's a community. We pride ourselves on a workplace culture that upholds the values of inclusivity and teamwork. By joining us, you’ll work on diverse teams that value your insights and encourage networking and mutual support.

Future-Proof Your Career

With a wide range of job opportunities, from internships to full-time positions, The Hartford offers a path for everyone. Whether you’re just starting out or looking to take your career to the next level, we provide the tools and support needed to succeed. Our benefits package is designed to ensure that our team members are well taken care of, not only at work but in all aspects of life.

Explore Job Opportunities and Internships

Whether you're polishing your resume, preparing for an interview, or seeking to enhance your employment experience, The Hartford has a position to match your skills and ambitions. We are continuously hiring and looking for new talent to join our thriving team.

Stay Connected

Join Our Team Search open positions that match your skills and interest at The Hartford. We look for passionate, curious, creative, and solution-driven team players.

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Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Finance & Insurance
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ
HIG
* Ladders Estimates

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