What are the responsibilities and job description for the Accounting Supervisor position at Colonial Surety Company?
Position: Accounting Supervisor
Location: Woodcliff Lake, NJ
Employment Type: Full-Time, Monday to Friday (On-Site)
About the Company:
Colonial Surety Company, established in 1930, is a property and casualty insurance company offering a wide range of insurance products tailored to specific professionals and industries. We leverage our extensive expertise and embrace technology to provide convenient, direct, and digital access to our expanding portfolio of bond and insurance offerings.
Job Summary:
We are currently seeking a dedicated Accounting Supervisor to join our Accounting team. Reporting directly to the CFO, you will play a pivotal role in supporting Colonial's growth plans. This position offers the opportunity to manage a growing accounting staff and become an integral member of the finance team.
Responsibilities:
1. Compile information and assist in completing NAIC quarterly and annual statements.
2. Review and approve journal entries, reconciliations, and intercompany transactions.
3. Prepare reinsurance bordereaux reports.
4. Oversee and track corporate expenses.
5. Utilize accounting platforms such as Sage Crystal Report, Sage, Positive Pay, or similar systems.
6. Assist in establishing loss reserves.
7. Provide supervision and guidance to two staff members (with potential for additional staff as the department expands).
Qualifications:
- Minimum of 10 years of comprehensive statutory accounting knowledge, including at least 2 years of supervisory experience.
- Deep understanding of property and casualty reporting requirements.
- Bachelor's Degree in Accounting or Finance, or an MBA with a concentration in accounting.
- CPA designation is a plus.
- Proactive and self-motivated with the ability to work independently and manage multiple projects concurrently.
- Prior supervisory experience in accounts payable and accounts receivable functions.
- Strong attention to detail and excellent project management skills to ensure the timely completion of tasks.
Compensation:
- Competitive compensation package.
- Comprehensive benefits including Major Medical, Dental, Vision, and Life Insurance effective from Day 1.
- 401k plan.
- Paid Time Off and Paid Holidays.
Colonial Surety Company is licensed and admitted in all 50 states and US Territories, Treasury Listed, and proudly maintains an 'A' Excellent rating from AM Best Company. To learn more about Colonial Surety Company, please visit our Vimeo page:
