AmTrust Financial Services

Manager, Accounting

AmTrust Financial Services$87K — $130K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting; CPA preferred.
  • 7+ years of experience in accounting roles.
  • Strong knowledge of US GAAP and internal controls.
  • Proficient in Microsoft Excel, with familiarity with ERP software like Oracle and Hyperion.
  • Ability to multi-task and meet deadlines under pressure.
  • Demonstrated problem-solving skills and independent work capability.
  • Experience in a team-oriented environment, collaborating with various departments.

Responsibilities

  • Manage routine financial close activities, including journal entries and account reconciliations.
  • Oversee the preparation and completion of annual GAAP financial statements for state filings.
  • Perform quarterly balance sheet and cash reconciliations, investigating anomalies as needed.
  • Ensure accurate reconciliation of intercompany activities and resolve discrepancies with other entities.
  • Analyze performance metrics to align action plans with company goals.
  • Participate in special projects, enhancing systems and internal controls as required.
  • Lead cross-functional teams to improve workflow integration and proactive problem solving.

Benefits

  • Contribute to the stability of an organization with a proven track record in the insurance sector.
  • Opportunity to work with cutting-edge ERP systems and analytics tools.
  • Engagement in a variety of financial activities, fostering skill development.
  • Scope to influence financial controls and reporting processes positively.
  • Collaborate with diverse departments, enhancing networking and business knowledge.
Full Job Description
Overview

The Accounting Manager position is part of the AmTrust Specialty Risk -US team. The Accounting manager position will be responsible for assisting in the accounting for Specialty Risk legal entities, including but not limited to detailed maintenance of accounting records and related controls, recording journal entries, account analysis and reconciliations, ensuring reported results comply with U.S. generally accepted accounting principles (7GAAP8) and assisting in the preparation of GAAP and Regulatory financial statements for multiple entities as needed.

Responsibilities
  • Manage/Perform routine financial close activities such as journal entries, account reconciliations, and financial package preparation
  • Manage the preparation and completion of annual GAAP financial statements we file with the state.
  • Review/Perform quarterly balance sheet account reconciliations, cash reconciliations, and investigate unusual items
  • Ensure the accurate and timely recording and reconciliation of all intercompany activity by researching and resolving differences with other entities
  • Analysis of key data and performance metrics to provide thoughtful action plans in alignment with the company mission and execution of goals
  • Assist with other ad hoc responsibilities including participation in special projects, such as system implementation and/or enhancements, business integration, internal controls, and ad hoc analyses
  • Lead & collaborate with teams to develop and oversee implementation of improved workflow integration, efficiencies, and proactive problem solving.
  • Providing leadership, guidance, reinforcement and accountability among teams to ensure smooth and efficient operations and quality output at or above company standards.
  • Provide support to the corporate team, as necessary
Qualifications

Required:

  • Bachelors Degree in Accounting; CPA preferred
  • 7+ years of experience
  • Strong knowledge and application of US GAAP, and internal controls
  • Proficient in Microsoft Office Suite application especially Excel
  • Experience with Enterprise Resource Planning Software (Oracle) and Hyperion (HFM) or FCCS a plus
  • Ability to multi-task and work under pressure to meet deadlines
  • Ability to work independently, identify problems and propose viable solutions
  • Must be flexible and have demonstrated skills to work effectively in a team-oriented environment; including ongoing discussions with other departments and being the finance representative.
  • Strong initiative, problem solving, and interpersonal skills, plus an orientation toward continuous improvement are required
  • Technical accounting knowledge to report on US GAAP and regulatory basis
  • Strong communication, analytical, organizational and time management skills

Preferred:

  • Public Accounting Experience
  • Warranty insurance and/or strong technical insurance accounting experience with good understanding of insurance operations

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

The expected salary range for this role is $87,600- $130,000 annually.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations

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About AmTrust Financial Services

AmTrust Financial Services, Inc. is a multinational property and casualty insurance company. The company provides coverage for small businesses, workers' compensation insurance, extended warranty coverage, specialty risk and extended warranty coverage, and other insurance products. AmTrust Financial Services, Inc. was founded in 1998 and is headquartered in New York City. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol AFSI.
Learn more about AmTrust Financial Services
Size
8,000 employees
Industry
Founded
1998

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