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National Indemnity Company · 2 days ago

FP&A Supervisor

Omaha, NE

Full-time

Hybrid

Mid, Senior Level

3+ years exp

National Indemnity Company, part of the Berkshire Hathaway group, offers exceptional opportunities in a friendly atmosphere. The FP&A Supervisor is responsible for managing financial reporting, supervising a team, and ensuring compliance with GAAP standards while collaborating with senior management.

Financial ServicesInsurance

No H1B

Responsibilities

Manage a team whose overall GAAP financial reporting responsibilities include developing and maintaining technical expertise in GAAP reporting standards, researching and analyzing accounting matters and review responsibility for the GAAP reporting packages required by Berkshire Hathaway in support of its consolidated reporting to the SEC

Coordinates, completes, and maintains various audits, and recommends changes in internal control procedures

Manage and develop accountants at various levels in the performance of duties of this position including identifying and interviewing job candidates and initiating and recommending personnel actions such as hiring, promotions, transfers, discharges, disciplinary measures, salary adjustments, and staffing levels

Support and provide oversight for accountants engaged in financial reporting tasks and internal control compliance (such as but not limited to quarterly preparation of financial statements, supporting work papers and reconciliations for legal entities which include property casualty and life insurance companies including foreign branches and non-insurance companies)

Mentor and assist in the development of other Finance Department accountants and personnel

Collaborate with Finance leadership to provide recommendations for departmental efficiency and effectiveness initiatives

May supervise intern(s) and assign projects and tasks to intern(s)

Reviews federal and state GAAP and STAT quarterly income tax provisions required for the assigned companies

Ensures temporary tax differences and related deferred tax balances and workpapers are prepared and correct

Reviews and approves allocations of expenses to various separate insurance segments and companies

Oversees processing of cash settlements related to reinsurance contracts, cash management for certain underwriting segments, intercompany contracts and billings, and other operational activities

Designs and implements procedures to identify and address variances

Interprets various forms of prepared variance analysis

Ensures unexpected variances are explained and errors are mitigated

Reviews, analyzes, and interprets reinsurance contracts and other reinsurance related information and confirms interpretation and depiction against Statutory and GAAP accounting and financial reporting standards

Qualification

GAAP financial reportingCertified Public AccountantFinancial reporting principlesCertified Project ManagerGeneral accounting principlesMathematical analysisCustomer serviceProblem solvingCommunicationConfidentiality