Senior Accountant

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

The Reinsurance Operations Team provides accurate and insightful financial, analytical and claims information. We support the internal and external core reinsurance programs by providing a foundation to establish and enhance strategic product offerings through traditional and alternative reinsurance solutions for our global customers. Additionally, the Reinsurance Team safeguards company assets through proactive identification and management of reinsurance recoverables, the second largest Liberty Mutual asset. As a Senior Accountant, you will conduct complex assignments involving maintaining ledger accounts and developing financial statements and reports.

Note: This is a Hybrid opportunity with compensation dependent on candidate’s geographic location, overall experience, and skill level.

Responsibilities:

• Prepare complex financial reports utilizing a broad knowledge of accounting policies and procedures.
• Prepare and/or input general ledger entries by utilizing set procedures and various accounting systems.
• Oversees functions of the monthly, quarterly and annual book close cycles, monitoring timely completion and escalating issues for resolution.
• Proactively review financial statments for assigned treaties (statement of income, balance sheet, and statement of cash flows).
• Research complex accounting treatment and policies by utilizing available technology and other resources.
• Research and resolve complex reconciling issues and discrepancies; take corrective measures to prevent.
• Direct interaction with internal and external stakeholders.
• Prepare analysis and be prepared to provide explanations for unusual and/or inconsistent trends.
• Suggest process improvement initiatives and provide solutions to enhance current processes.
• Accurately and efficiently performs accounting activities of increasing complexity.
• Creates increasingly complex financial statement schedules, audit support schedules and other reports in a timely manner.
• Performs detailed review of other team members` schedules.
• Researches and applies accounting policy to business issues that arise.
• Establishes, documents and performs internal control procedures to ensure accurate and timely financial reporting.
• Understands how data flows through the financial systems to the accounting function in order to identify issues and take action to address them.
• Continually assesses the business value and efficiency of the work performed, making suggestions for improvements and collaborating with others in implementing them.
• Leads or actively participates in increasingly complex department projects and continuous improvement activities.
• Fosters the development of teammates by sharing expertise and experience through training or reviewing their work.
• Provides feedback on performance.

• Bachelor`s degree (Accounting or Finance) and a minimum of 3 years of accounting or finance experience preferred
• Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results
• Must be able to communicate effectively with teammates and others, leading meetings and interacting with increasingly higher levels of management to gather information and effectively present results/recommendations
• Advanced knowledge of Excel and Microsoft Word is preferred

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.