Senior Staff Accountant

Ryan Specialty • Kansas City, MO

2d • $80,000 - $100,000

About The Position

The Senior Staff Accountant is responsible for preparing and analyzing financial reports and conducting variance analysis to ensure accuracy and compliance. The role assesses financial health, manages revenue recognition, and stays updated on regulatory changes while improving processes and supporting audits. They collaborate with cross-functional teams, participate in projects, support budget management activities, and assist in risk assessment and mitigation strategies for the insurance company. What will your job entail?

Requirements

• Minimum of 3 years of experience in the Accounting and Finance
• Bachelor’s degree required; Finance, Accounting, Business Administration preferred or related field.

Nice To Haves

• Certified Public Accountant (CPA)
• Master's degree Accounting, Finance, Business Administration or related field.

Responsibilities

• Prepares and analyzes financial reports, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with regulatory requirements.
• Manages banking files and monitors bank statements and funding. Manages Accounts Payable and Accounts Receivable, prepares commission reports, and monitors transaction transmissions.
• Conducts variance analysis to compare actual financial performance against budgeted and forecasted figures, identifying key drivers of variances, and recommending corrective actions.
• Analyzes financial data and metrics to assess the company's financial health, profitability, and performance of insurance products and business segments.
• Assists in assessing financial risks and developing strategies to mitigate risks associated with insurance operations, investments, and regulatory compliance.
• Ensures accurate and timely recognition of premium revenue and claims reserves in accordance with accounting standards and regulatory guidelines.
• Stays abreast of regulatory changes in the insurance industry, ensuring compliance with accounting standards, tax regulations, and reporting requirements.
• Identifies opportunities to streamline accounting processes, implement automation, and enhances system functionalities to improve efficiency and effectiveness.
• Assists in the development of annual budgets and financial forecasts, providing insights and recommendations based on historical data and industry trends.
• Coordinates and supports internal and external audits, providing documentation, reconciliations, and explanations as required by auditors.
• Participates in ad-hoc projects and initiatives, such as system implementations, mergers and acquisitions, or financial analyses for strategic planning purposes.

Benefits

• In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
• For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level