What are the responsibilities and job description for the Controller position at Berkley Oil & Gas (a Berkley Company)?
Company Details
Berkley Oil & Gas, (a W.R. Berkley Company) is an insurance underwriting manager providing unique property and casualty products and risk services to customers engaged in the energy sector. Our customers recognize the importance of the expertise we provide and appreciate the opportunity to work with professionals who understand their business. We are in turn committed to delivering innovative products and exceptional service to them, our valued agents and brokers, Berkley Oil & Gas is dedicated in its efforts to be well-informed of the changing dynamics of the industry; support industry efforts to minimize and mitigate risks and hazards in the ‘oil patch’, and to constantly seek ways to improve our products and services to meet customer needs.
Company URL: https://berkleyoil-gas.com/
The company is an equal opportunity employer.
Responsibilities
The Controller will prepare financial statements (STAT and GAAP), provide management information from the general ledger and accounts payable, ensure that the finance department’s needs (customer service/billing, financial reporting) for the Company are met in an efficient manner. The Controller will also oversee reconciliations on general ledger accounts and fixed asset system, and maintain excess loss reinsurance system.
We do not accept any unsolicited resumes from external recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
Berkley Oil & Gas, (a W.R. Berkley Company) is an insurance underwriting manager providing unique property and casualty products and risk services to customers engaged in the energy sector. Our customers recognize the importance of the expertise we provide and appreciate the opportunity to work with professionals who understand their business. We are in turn committed to delivering innovative products and exceptional service to them, our valued agents and brokers, Berkley Oil & Gas is dedicated in its efforts to be well-informed of the changing dynamics of the industry; support industry efforts to minimize and mitigate risks and hazards in the ‘oil patch’, and to constantly seek ways to improve our products and services to meet customer needs.
Company URL: https://berkleyoil-gas.com/
The company is an equal opportunity employer.
Responsibilities
The Controller will prepare financial statements (STAT and GAAP), provide management information from the general ledger and accounts payable, ensure that the finance department’s needs (customer service/billing, financial reporting) for the Company are met in an efficient manner. The Controller will also oversee reconciliations on general ledger accounts and fixed asset system, and maintain excess loss reinsurance system.
- Oversee various activities of the accounting department for the accurate and timely dissemination of financial management records.
- Work with the CFO to plan and establish workflow assignments.
- Monitor monthly close process to assure that financial reporting deadlines will be met.
- Prepare monthly journal entries.
- Keep the CFO apprised of any issues that may impact timely reporting of financial data and any collectability issues.
- Manage state statutory reporting to affiliate companies.
- Prepare detailed checklist of filing requirements by state/due date.
- Manage workflow of staff to ensure timely completion of statutory blanks.
- Coordinate state exams.
- Preparation of Statutory Schedule P.
- Lead contact for external auditors.
- Supervise reinsurance accounting.
- Have a thorough understanding of BRIC cession statements, including cash settlements.
- Provide monthly aging of recoverables by reinsurer.
- Manage treasury functions.
- Monitor reconciliation of all cash accounts, fixed assets, and accrual accounts to make sure reconciling items clear in a timely manner.
- Manage and assist with development of staff.
- Conduct a balance sheet review process to ensure all balance sheet accounts are reconciled timely.
- Prepare GAAP financials and review with the CFO.
- Coordinate Sarbanes Oxley compliance testing.
- Manage annual planning process.
- 5-7 years of experience in insurance accounting and insurance industry knowledge.
- Excellent organizational skills.
- Demonstrated ability to be proactive, complete assignments, and meet deadlines.
- Ability to effectively communicate with all levels of management and staff.
- Ability to successfully work in a fast-paced environment with competing demands on resources, time, and priorities.
- Examine and evaluate an extensive variety of technical instructions and data furnished in written, oral, or mathematical form. Present alternative actions in relation to evaluation.
- Proficient in Microsoft Office, including an excellent working knowledge of Excel.
- Bachelor’s degree in Accounting.
- CPA certification preferred.
We do not accept any unsolicited resumes from external recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
