Senior Accountant - Financial Reporting

Senior Accountant - Statutory & GAAP Reporting

Locations: Chicago, IL (Hybrid)
Compensation: $90,000 - 120,000 base + bonus

A privately held, multi-entity insurance organization with long-standing market presence is seeking a technically disciplined Senior Accountant to join its Financial Reporting team.

This role sits within the corporate finance function and supports both statutory insurance reporting and consolidated U.S. GAAP financial reporting. It is intended for an accounting professional who understands regulated insurance accounting environments and is comfortable operating within structured quarterly and annual reporting cycles.

The Role

The Senior Accountant will play a hands-on role in monthly, quarterly, and annual close processes across statutory insurance entities and consolidated GAAP reporting. This position requires fluency in insurance accounting frameworks, strong reconciliation discipline, and the ability to contribute to financial statement preparation and reporting analytics.

This is not a transactional accounting position. It requires demonstrated experience in financial reporting and regulated accounting environments.

Key Responsibilities

• Execute assigned components of monthly, quarterly, and annual close cycles for statutory insurance reporting and consolidated GAAP reporting

• Prepare and review portions of financial statements, footnotes, and supporting schedules

• Perform detailed account reconciliations and journal entry preparation

• Calculate expense allocations and assist with consolidation of financial information

• Support management reporting packages and perform ad hoc financial analyses

• Identify opportunities to improve reporting workflows and strengthen internal controls

• Document accounting procedures to enhance consistency and cross-training

• Respond to internal leadership and audit requests for financial analytics and reporting support

Required Qualifications

This opportunity is designed for candidates who meet the following minimum criteria:

• Bachelor's degree in Accounting, Finance, or related discipline

• Minimum 3+ years of progressive accounting and/or audit experience

• Property & Casualty insurance experience

• Demonstrated understanding of U.S. GAAP financial reporting

• Working knowledge of insurance statutory accounting principles

• Experience preparing or supporting financial statements

• Strong Excel proficiency (advanced formulas, reconciliations, data analysis)

• Ability to manage multiple reporting deadlines within structured close calendars

Preferred but not required:

• CPA designation (or active progress toward licensure)

• Experience with Oracle Fusion or comparable enterprise ledger systems

Professional Profile

The successful candidate will demonstrate:

• Strong analytical judgment and technical accounting discipline

• Precision and attention to detail in regulated reporting environments

• Ability to operate independently while maintaining transparent communication with leadership

• Comfort working extended hours during quarterly and annual close periods

• A process-oriented mindset with interest in control enhancement and reporting efficiency

Work Environment

This is a hybrid position requiring in-office presence at least three days per week for candidates residing within commuting distance of one of the listed office locations. The role involves regular interaction via in-person meetings, video conferencing, and phone communication, as well as occasional business travel when required.

Who Will Not Be a Fit

This role is not aligned with:

• Professionals without exposure to financial statement preparation

• Candidates limited to AP/AR or transactional accounting experience

• Professionals without exposure to financial statement preparation

• Applicants seeking fully remote arrangements

Why Consider This Opportunity

• Exposure to both statutory and consolidated GAAP reporting

• High visibility within a regulated insurance enterprise

• Opportunity to influence process improvement and internal controls

• Clear trajectory toward senior reporting or accounting leadership roles

Qualified candidates with insurance accounting and financial reporting experience are encouraged to apply using the embedded link. Alternatively, you can email your resume to [email protected]