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Lead Accountant, Financial Internal Controls and Processes

Date: Jul 26, 2022

Location: Erie, PA, US, 16560

Company: Erie Insurance

Division or Field Office:

Controller Division

Department of Position: Cost Analysis & Controls Dept 

Work from:

Corporate Office, Erie PA

 

At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies.  Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.  To attract and retain the best talent, we reward our team members with competitive salaries and a very generous benefits package.

 

Position Summary

  • The Hiring Manager will also consider candidates for a Senior Finance Accountant.  Level of position offered will be based upon the depth and breadth of selected candidate's experience and qualifications.
  • Acts as subject matter expert and maintains & applies a strong working knowledge of SOX/MAR financial reporting and COSO entity level internal control frameworks.  Reviews, prepares, & maintains internal control documentation.  Reviews and performs testing of internal controls in support of management’s evaluation of design and operational effectiveness.  Reviews and performs root-cause analysis of issues and recommends remediation.  Reviews and evaluates SSAE 18/Service Organization Control reports for effectiveness.  Reviews and prepares SOX/MAR/COSO risk assessments.  Identifies internal control improvements as necessary.
  • Maintains a strong working knowledge of various business processes and IT systems/applications.  Evaluates the impact of ongoing changes to each, and provides recommendations for enhanced accounting, risk assessment, and internal control documentation.
  • Maintains & applies a strong working knowledge of GAAP/SAP/SEC/PCAOB/AICPA regulatory guidance to evaluate the effects/impacts of guidance/changes on relevant financial statement risk assessment and control processes.
  • Coordinates & collaborates with multiple business areas, IT, and internal & external auditors.  Facilitates communications among all parties ensuring deliverables are met and pertinent information is exchanged.  Provides training, support, & guidance to accounting and internal control stakeholders, as required.
  • Identifies & recommends process improvements, automation opportunities, & challenges current processes for increased efficiencies and effectiveness.  Coordinates, & completes special projects as required.
  • Previous auditing experience & project management skills preferred.  Demonstrated strong interpersonal skills with a collaboration style and ability to work independently as well as within a team environment required.

Duties and Responsibilities

  • Analyzes, verifies and balances all source data used in the preparation of journal entries, financial statements, reports, schedules and other documents in terms of accuracy, completeness and compliance with requirements.
  • Reviews monthly account and system reconciliations and supporting documentation, monitoring resolution of unreconciled items.
  • Prepares and reviews various journal entries, statistical reports, surveys, supporting schedules, information returns, management reports and financial statements for internal use and external filings in accordance with applicable accounting principles or regulations within the required deadlines.
  • Communicates issues as appropriate.
  • Reviews analytic documentation maintaining evidence of reviews.
  • Maintains and applies a strong working knowledge of various regulatory guidance (SAP/GAAP/SEC/SVO/IRS).
  • Demonstrates analytical and research skills.
  • Evaluates impact of business changes to accounting transactions and systems and implements changes to financial information or related documentation.
  • Researches issues and implements changes for new accounting guidance or regulations.
  • Communicates issues to management as appropriate regarding changes.
  • Coordinates processes for reporting and receipt of supporting documentation from other areas of company, analyzing information as appropriate.
  • Maintains strong understanding of the control environment and adheres to applicable internal controls.
  • Reviews and maintains internal control documentation and testing in accordance with SOX/MAR.
  • Evaluates controls for effectiveness and identifies internal control improvements as necessary.
  • Maintains strong working knowledge of systems and applications and process flows participating in upgrades as appropriate.
  • Identifies process improvements and automation opportunities using data extraction and analysis tools, and coordinates implementation.
  • Evaluates potential vendor solutions and makes recommendations where appropriate.
  • Reviews workpapers for review by internal and external auditors.
  • Communicates with internal and external associates regarding financial activities and issues.
  • Researches technical guidance and evaluates implication, developing and implementing recommended solutions.
  • Recommends process improvements and challenges current processes for increased efficiencies and effectiveness.
  • Serves as subject matter expert regarding accounting principles, regulations or systems across the company.
  • Provides training, support and guidance to lower level accounting staff, as required.
  • Coordinates and completes special projects as required.
  • Performs other duties as required.

 

The first three duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished. 

 

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become clear. 

Competencies

Values Diversity
Nimble Learning
Self-Development
Collaborates
Information Management Skills
Customer Focus
Cultivates Innovation
Job-Specific Knowledge
Optimizes Work Processes
Instills Trust
Ensures Accountability
Decision Quality

Qualifications

Bachelor's degree in accounting, or related field, required. CPA certification preferred. Seven years' experience in accounting or related finance experience, required. In-depth knowledge of spreadsheet, reporting, query and/or database software preferred. Working knowledge of GAAP required, SAP preferred. The position requires the incumbent to work weekends and restrict vacation during peak periods. **Incumbents focused on allocations and balancing systems may substitute eleven years of related experience in lieu of degree.

Physical Requirements

Lifting 0-20 lbs; Occasional (<20%)
Lifting 20-50 lbs; Occasional (<20%)
Lifting Over 50 lbs; Occasional (<20%)
Driving; Rarely
Pushing/Pulling; Occasional (<20%)
Manual Keying/Data Entry; Frequent (50-80%)
Climbing; Rarely