What are the responsibilities and job description for the Senior Accountant of Consolidation and Financial Reporting position at Loews Corporation?
The Senior Accountant of Consolidation and Financial Reporting is a multifunctional position primarily focused on performing the monthly and quarterly consolidation under US GAAP along with the related internal and external financial accounting reporting in accordance with SEC regulations. Additional responsibilities will include aspects of the corporate general accounting and treasury functions as outlined below :
- Post subsidiary monthly feed files along with Loews corporate and subsidiary consolidation entries utilizing Workday financial management cloud accounting platform and take ownership of custom consolidation reports.
- Update and maintain various monthly accounting schedules and weighted average share calculations.
- Analytically review subsidiary financial reports to identify irregular trends and discuss these with subsidiary accounting teams.
- Aid in the preparation of monthly internal management reports and update the subsidiary financial metrics dashboard.
- Lead the roll forward of 10Q / 10K files and other quarterly deliverables within the Workiva financial reporting cloud platform, including XBRL tagging.
- Prepare financial statements and certain sections of the 10Q / 10K including MD&A sections and footnotes, along with related support.
- Maintain monthly consolidation and reporting calendars.
- Collaborate with subsidiary and Loews corporate accounting teams to refresh reporting deliverable request lists.
- Processes regular treasury related transactions and track monthly cash movements.
- Interact with internal and external auditors to address questions related to the quarterly review and year-end audits of financial statements and related disclosures.
- Liaison with Loews Information Technology and third-party consultants on automation and cloud accounting platform enhancement projects.
- Complete non-SEC government quarterly and annual reports.
- Evaluate internal control processes and identify potential weaknesses.
- Review and distribute the Loews common stock buyback report, as necessary.
- Assist with the review, analysis and implementation of new accounting developments.
- This position may also be called upon for support and assistance with researching specific accounting questions, transactions, or special projects.
Qualifications :
Work Arrangement :
This role is based at 9 west 57 street. This is a full-time exempt role with a salary of $87,300k – $109,150k plus an annual bonus and full benefits package. Compensation offered within this range is determined by skills, experience, and organizational pay equity. Loews Corporation offers a high-quality benefits program designed to support the health and well-being of our employees and their families. In addition to standard offerings like medical, dental, vision, and life insurance, retirement savings, and paid time off, Loews includes comprehensive and inclusive family planning / fertility benefits. More details on these and other benefits are offered through our interview process, and we look forward to sharing them with you.
Salary : $87,300 - $109,150