The Statutory Accounting Manager will oversee statutory financial reporting and ensure compliance will all applicable NAIC regulations. Responsibilities include preparing and reviewing financial statements, managing reporting processes and mentoring and training staff. This position requires a keen eye for detail and a deep understanding of Statutory Accounting Principles (SAP).
Prepares and submits statutory financial statements, including balance sheets, income statements, and cash flow statements, in strict adherence to applicable accounting standards and regulatory frameworks
Reviews and finalizes audit reports, annual reports, and other financial disclosures, ensuring compliance
Stays abreast of updates to statutory accounting standards and regulations, evaluating their implications for the organization's financial reporting obligations
Conducts thorough analysis of financial data to identify trends, variances, and potential risks associated with statutory reporting
Monitors compliance with internal control procedures, proactively identifying opportunities for enhancement and recommending appropriate actions to maintain compliance and operational efficiency
- Proficient communication skills demonstrated in both verbal and written context
- Proven capacity to identify problems, gather data, derive factual insights, and draw sound conclusion
- Analyzing, organizing, and prioritizing tasks effectively while managing multiple deadline
- Analyzing, consolidating, and interpreting accounting data for informed decision-making
- Comprehending and extracting insights from accounting literature, financial reports, and legal document
- Situational analysis and exercising judgment to make critical decision
- Filing, bookkeeping, recording, and computational tasks
