Reconciliation Principal Accountant

Posted Yesterday
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Chevy Chase, MD
98K-154K Annually
Mid level
Insurance
The Role
The Principal Accountant will perform advanced accounting activities including financial, regulatory, and management reporting, develop journal entries, conduct account reconciliations, and assist in process automation. Additional responsibilities involve leading projects and mentoring other accountants.
Summary Generated by Built In

Job Description Summary
The Controller department is seeking an analytical and highly motivated individual to perform the full range of advanced accounting activities in support of assuring timely and accurate general accounting records. The department supports GAAP and Statutory financial reporting, including financial statements, disclosures, analysis, and various regulatory filings.
As a Principal Accountant, you will perform complex accounting activities for financial, regulatory and management reporting, and preparing account analyses and reconciliations. In addition to recurring responsibilities, you will be responsible for assisting in automation projects and leading other accounting level associates through their deliverables. 

Location
This hybrid role involves on-site presence 3 days per week at our Chevy Chase, MD office location.

Responsibilities:
• Preparation of journal entries into the accounting system which includes obtaining appropriate support and performing calculations for the entries. 
• Preparation of account reconciliations and conduct detailed balance sheet account reviews that will support process improvement and standardization. 
• Assist with continuous improvement, automation, and internal control initiatives in support of corporate strategies, which includes driving automation of certain accounting tasks. 
• Assist with guiding and training other accounting staff members
• Support special projects, initiatives, and ad-hoc requests. 


Basic Qualifications:
• Bachelor’s degree in accounting, finance, business administration, or another related field
• At least four years of experience in public accounting or an applicable corporate accounting environment
• Exceptional communication skills, both written and verbal
• Must be able to work both independently and in a team environment
• Ability to manage multiple responsibilities and deadlines
• Strong organizational, analytical and problem-solving skills
• Ability to learn and apply technical accounting and procedural information. 
• Ability to work in a fast paced, changing environment with competing priorities.
• Overtime is required during peak periods
• Strong Microsoft Office skills (Word, Excel, PowerPoint, Visio, VBA)


Preferred Qualifications:
• CPA license
• Experience designing and maintaining proper internal control structure
• Experience in effectively leading cross function teams in support of organizational and continuous improvement projects
• Previous experience with insurance accounting
• Familiarity with Workday Financials general ledger application
• Experience using Cadency and PowerBI
• Familiarity with accounting systems and automation projects

Annual Salary

$98,000.00 - $154,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

#LI-HB1


 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.


 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

  • Premier Medical, Dental and Vision Insurance with no waiting period**
  • Paid Vacation, Sick and Parental Leave
  • 401(k) Plan
  • Tuition Reimbursement
  • Paid Training and Licensures

*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.

The Company
HQ: Chevy Chase, MD
26,259 Employees
On-site Workplace

What We Do

We know you know GEICO, but we want you to know that with us, you’ll find a rewarding career no matter which path you take. Our over 40,000 associates have been unexpectedly delighted to find that their jobs have turned into illuminating careers. You know us for insurance. Get to know us for great careers, too.

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