What are the responsibilities and job description for the Accounting Associate position at Factory Mutual Insurance Company?
Overview
FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
Summary:
The Accounting Associate II position prepares, processes, and/or analyzes accounting and/or financial transaction information to support ongoing Accounting, Treasury or other Finance tasks and projects, with limited supervision from more senior accounting personnel and/or management. This position understands how the accounting/treasury processes impact the business.
Schedule & Location:
This is a non-exempt, hourly position that is office-based in Johnston, Rhode Island. The work week is based on 37.5 hours per week and employee has flexibility to work remotely one day per week, on Fridays.
Responsibilities
- Tracks, prepares and processes moderately complex financial transactions accurately and in a timely manner following established procedures and guidelines within a specific area of technical expertise (e.g. payables, receivables, general ledger, financial reporting, cash management, etc.)
- Analyzes and reconciles source information/documentation in financial systems on a regular basis, identifying issues and resolving discrepancies within procedures and guidelines
- Escalates non-routine issues to supervisor/manager, as appropriate
- Prepares analysis, statements or reports from statistical and financial information within area of expertise for management review on a regular basis
- Communications are frequent with individuals representing other departments, and/or representing outside organizations
- Involve obtaining or providing information or data on matters of moderate importance to the function of the department or which may be of sensitive nature
- Checks lower-level Accounting Associates’ work to ensure accuracy and timeliness
- Participates in special projects to provide routine accounting support in more than one area of expertise.
Qualifications
Required Education:
- High School Diploma or equivalent combination of education and work experience will be considered
Highly Preferred Education:
- College Degree
Required Work Experience:
- 3 years of general accounting or clerical accounting experience or equivalent combination of education and work experience will be considered
Highly Preferred Work Experience:
- General accounting or clerical accounting experience in a corporate environment in a mid-to-large size company
Required Skills:
- Familiarity with general accounting principles and practices and thorough understanding of technical operations and accounting techniques within the team’s area of expertise (e.g. payables, receivables, general ledger, reporting, cash management, etc.)
- Proficiency with financial systems and standard software applications (PeopleSoft; Microsoft Excel, Access, PowerPoint, and Word)
- Attention to detail and focus on tasks at hand
- Good analytical thinking and problem-solving skills
- Good communication and customer service skills
- Ability to work in a routine, deadline-driven environment
The hiring range for this position is $29.21 - $41.99 per hour. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Salary : $29 - $42
