Lead Financial Accountant (Peoria, IL)

RLI Insurance Company•Peoria, IL

About The Position

We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company. Position Purpose Under managerial oversight, supports the administration of the company’s financial accounting function. Ensures the accurate recording of expenses and other transactions. Prepares financial statements and other internal or external financial packages. Implements new accounting guidance to ensure compliance with statutory or GAAP accounting standards. Provides financial analysis and support for internal and external contacts. Aides in the facilitation of the annual budget process. Acts as a mentor and help guide lower level financial accountants on the team. Manages and oversees special projects as assigned.

Requirements

Typically requires a bachelor’s degree in accounting or a related field; CPA preferred
4+ years of related experience [OR] equivalent level of education and experience
Ability to use analytical methods in accounting processes to understand relationships, check facts, and find creative yet workable solutions.
Ability to communicate findings and recommendations to management on accounting matters, both task oriented and project based.
Ability to exercise sound judgment in making critical decisions.
Ability to research complex issues and communicate findings and recommendations to management on accounting matters.
Ability to adhere to processes and controls.
Ability to provide leadership and guidance to others within the accounting department.

Responsibilities

Generates financial statements monthly, quarterly, and annually while meeting external filing deadlines and requirements.
Lead implementation for new accounting guidance to ensure compliance with statutory or GAAP standards.
Facilitate and prepare schedules and exhibits for external filings.
Provides variance, root cause, and financial analyses for internal and external contacts.
Drive process improvements and ensures consistency of processes across the department by utilizing fact-based and forward-looking perspectives to identify emerging issues and current trends.
Act as a mentor and help guide lower-level financial accountants on the team.
Leads in special projects and other duties as needed.

Benefits

Annual bonus plans
Employee stock ownership plan (ESOP)
401(k) — automatic 3% company contribution
Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
Paid time off (PTO) and holidays
Paid volunteer time off (VTO) to support our communities
Parental and family care leave
Flexible & hybrid work arrangements
Fitness center discounts and free virtual fitness platform
Employee assistance program
Comprehensive medical, dental and vision benefits
Flexible spending and health savings accounts
2x base salary for group life and AD&D insurance
Voluntary life, critical illness, & accident insurance for purchase
Short-term and long-term disability benefits
Training & certification opportunities
Tuition reimbursement
Education bonuses