What are the responsibilities and job description for the Accounting Manager position at LinkNetwork Ltd?
About the job Accounting Manager
Our client, a well-established, international insurance company based in Los Angeles, is seeking an experienced Accounting Manager to join their finance team. This role will report directly to the Senior Finance Manager and will be responsible for overseeing the financial and accounting functions of their MGA business . The Accounting Manager will play a key role in ensuring the financial stability of the company and its partner insurance carriers through accurate and timely reporting, while also leading the implementation of a new accounting system. In addition to financial oversight, this individual will contribute to strategic corporate initiatives and ensure compliance with reporting.
Key Responsibilities :
- Prepare and review all GAAP and SAP financial reports, including annual and quarterly statements, audited financials, and regulatory filings, ensuring accuracy and timely submission.
- Develop and manage a highly skilled accounting team, providing leadership and support.
- Oversee the accurate and timely recording of all company transactions and ensure consistent reconciliation of accounts.
- Collaborate with vendors, producers, and reinsurers to ensure timely settlement of payables and receivables.
- Analyze key financial indicators such as premiums, claims, expenses, cash flow, and investments.
- Manage financial reporting for month-end, quarter-end, and year-end close, including the preparation of journal entries and filings for management and stakeholders.
- Supervise payroll, accounts payable, accounts receivable, and treasury functions while ensuring compliance with relevant tax regulations.
- Manage accruals, bank reconciliations, and contracts with insurance carriers, customers, and vendors.
- Monitor and maintain company cash balances, perform monthly cash forecasts, and direct treasury management activities, working closely with banks and investment managers.
- Act as the subject matter expert and business analyst for the implementation of the Guidewire insurance system and a new corporate finance / accounting system.
- Work closely with the finance team to enhance planning and reporting functionalities through improved communication and collaboration.
Qualifications :
What They Offer :
