What are the responsibilities and job description for the Accountant position at Ohio Farmers Insurance Company?
The Accountant is responsible for managing financial operations and ensuring compliance with accounting standards and regulations. The role handles responsibilities which include preparing financial reports, analyzing financial data, developing budgets and forecasts, managing financial risks, maintaining internal controls, preparing tax returns, and supporting audits. The role also plays a critical role in ensuring the financial health and compliance of the company, by overseeing the financial operations related to insurance policies, claims, and investments. This role supports in maintaining the financial stability of the company by managing its financial resources and making strategic decisions to optimize financial performance.
#LI-DNI
- Prepares and analyzes financial reports to support decision-making processes and identify areas for improvement.
- Ensures compliance with accounting standards and regulations by implementing and monitoring internal controls and policies.
- Develops and maintains relationships with stakeholders such as auditors, regulators, and other departments to facilitate effective communication and collaboration.
- Manages financial risks by assessing and mitigating risks related to investments, claims, and other financial activities.
- Develops and monitors budgets and forecasts to ensure financial stability and growth of the company.
- Conducts financial analysis and provides insights to management on financial performance, trends, and opportunities.
- Prepares monthly property/casualty and non-insurance financial statements and supplemental reports on both a Statutory and a GAAP basis.
- Leads frequent communication with external customers, including state and federal regulators and auditors, and internal business partners at all levels in the organization, on topics such as responding to their specific questions on regulatory filings, the process used to calculate a journal entry, or questions on what specific expenses are captured in a certain line on a regional income statement.
- Supports audits by providing necessary documentation, data, and information to internal and external auditors to ensure compliance and accuracy.
- Works with business leaders and others within the Finance department to ensure that correct structures (tree based) are in place for accurate reporting within the accounting system.
- 0-2 years of experience in Accounting or a related field.
- Bachelor's degree in Accountancy, Finance and/or commensurate experience.
Location
Hybrid defined as three or more days per week in the office.
Behavioral Competencies
- Ensures Accountability
- Communicates Effectively
- Optimizes Work Processes
- Decision Quality
- Financial Acumen
Westfield celebrates diversity and is committed to inclusion. All qualified applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
