Sr. Accountant

Posted:
7/25/2024, 5:00:00 PM

Location(s):
North Carolina, United States ⋅ Greensboro, North Carolina, United States

Experience Level(s):
Senior

Field(s):
Accounting

Workplace Type:
Hybrid

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Summary

The Senior Accountant performs accounting close functions, applies accounting policies, presents financial results to senior management, prepares quarterly and annual internal and external reports in accordance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting guidance, and performs technical research and analysis  

Responsibilities

  • Prepares monthly journal entries for the accounting close process.

  • Collaborates with other departments and/or external service providers to ensure all transactions have been properly recorded.

  • Applies accounting policies to financial records of the various Arch MI entities.

  • Prepares monthly account reconciliations to ensure accuracy of account balances.

  • Performs variance analysis and researches changes on a monthly/quarterly basis to present results to senior management.

  • Assists in the preparation of schedules for monthly, quarterly and annual reporting and assists with the annual audited statutory statements.

  • Provides assistance, reconciliations, account activity explanations, and other support as required for internal and external auditors.

  • Performs research on technical accounting matters and performs other ad hoc analysis as needed.

  • Seeks development opportunities for self as well as assisting in the development of others.

Knowledge and Skills 

  • In depth knowledge of accounting theory, GAAP and Statutory Accounting Principles. 

  • Ability to understand and apply standard practices and procedures. 

  • Solid understanding of month-end closes process and account analysis. 

  • Advanced knowledge of financial applications, such as PeopleSoft. 

  • Skilled in identifying and resolving moderately complex accounting issues. 

  • Excellent communication and interpersonal skills. 

  • Strong time management and organizational skills with the ability to consistently meet deadlines. 

  • Strong analytical skills. 

  • Ability to work collaboratively with others within the department and across the Company. 

 

Education & Experience

Required knowledge and skills would typically be acquired through a Bachelors degree in Accounting or related fields and a CPA (or requirements for certification met) plus 2-5 years related experience. 

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Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

Arch Capital Group Ltd

Website: https://archgroup.com/

Headquarter Location: Hamilton, Hamilton, Bermuda

Employee Count: 5001-10000

Year Founded: 1995

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Finance ⋅ Financial Services ⋅ Insurance