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USAA · 2 months ago

Financial Accountant Lead - P&C Reinsurance

New Braunfels, TX

Full-time

Onsite

Senior Level, Lead/Staff

$114K/yr - $218K/yr

8+ years exp

USAA is dedicated to empowering its members to achieve financial security through exceptional services. The Financial Accountant Lead plays a crucial role in supporting the accounting and reporting teams, ensuring adherence to accounting standards, and providing expert counsel on financial analysis and reporting.

Responsibilities

Leads adherence to Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (STAT) accounting and reporting research activities and provides appropriate technical accounting interpretation on the application of GAAP and STAT to finance and accounting employees and senior management

Creates, maintains and ensures implementation of appropriate accounting policies and best practices

Evaluates and analyzes proposed transactions for accounting implications and potential impact of proposed accounting standards, and prepares documentation supporting USAA's accounting positions taken on significant or complex transactions

Assesses the impact of new accounting standards to USAA and leads implementation across affected functional areas

Assists with drafting comment letters to the FASB or NAIC on proposed accounting standards and represents USAA on several influential external accounting committees

Accountable for USAA's position with regards to E&Y's technical accounting and reporting inquiries

Identifies and documents accounting and business requirements impacting USAA systems and processes (including up and downstream)

Supports various company or line of business specific initiatives as it relates to assessing accounting, reporting and disclosure implications

Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

Qualification

GAAPSTATCPAAccounting policiesFinancial analysisAccounting processesP&C ReinsuranceStatutory reportingCommunicationTeam leadership

Required

Bachelor's degree in Accounting, Finance, or related field; OR a Bachelor's degree in another field coupled with a Certified Public Accountant (CPA) designation; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree when coupled with a Certified Public Accountant (CPA) designation

8 years of accounting or related work experience performing accounting functions including preparing and reviewing journal entries, account reconciliations and preparing financial results for internal and external purposes or other similar experience required

Subject matter expert knowledge and application of accounting and/or financial services industry data sources

Expert knowledge and application of GAAP and STAT or regulatory accounting practices

Demonstrated ability to partner and communicate effectively with internal and external team members

Expert on financial or accounting data analysis techniques and statistical methodologies

Expert on relevant technical accounting and reporting disciplines

Experience identifying and documenting accounting/financial processes

Experience leading direct or cross-matrixed team members