What are the responsibilities and job description for the Senior Financial Analyst position at 1891 Financial Life?
Company Description
1891 Financial Life, formerly known as National Catholic Society of Foresters (NCSF), is a not-for-profit organization that enriches parishes and communities by fostering positive values and strengthening families through various programs and social events. The company provides life insurance, annuities, and member benefits to Christian families. 1891 Financial Life redirects profits back to its members' parishes and communities through programs and benefits instead of shareholders.
Role Description
This is a full-time on-site role for a Senior Financial Analyst located in Schaumburg, IL. The Senior Financial Analyst is responsible for performance of general ledger accounting, preparation of financial accounts, monthly opening and closing of accounts and preparation of balance sheets. Demonstrates initiative in understanding process flows and controls. Senior Financial Analysts leads the following areas, general accounting, fixed assets and trend analysis.
Essential Duties
- Preparation of the quarterly, annual financial statement and Risk-Based capital statement.
- Prepare various financial reports required by NAIC, State Insurance Department, and company management.
- Coordinate financial schedule preparation associated with the independent audit, reserve valuation, and investment analysis.
- Prepare and analyze general ledger account activity, including Trial Balance, Income Statement statutory adjustment.
- Reconcile and record Investment activity monthly.
- Assist Controller and other department with account/transaction problem resolution
- Review daily systems-generated reports to monitor general ledger transaction processing, including problem resolution of errors.
- Develop and create standard reports via accounting system to support financial reporting needs.
- Monthly sales analysis
- Fixed assets depreciation schedule and maintain Prepaid expense
- Act as back-up to the Staff Accountant and Controller.
Qualifications
- Bachelor’s degree (BA or BS) and two (2) years’ experience in an Accounting role.
- Experience with Financial Statements and Financial Reporting
- Strong attention to detail and accuracy
- Ability to work effectively in a team environment
- Excellent communication and presentation skills
- Insurance Industry experience is a plus
- Professional certification such as CFA or CPA is a plus