Sr. Accountant - Financial Reporting at Aspida Financial Services LLC

Durham, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Mar, 26

Salary

0.0

Posted On

15 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Insurance Accounting, Regulatory Compliance, Analytical Skills, Problem Solving, Communication Skills, Attention to Detail, Collaboration, Excel, PowerPoint

Industry

Financial Services

Description

Description Company Description: Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn. Who We Are: Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida. Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers. What We Are Looking For: We are seeking a Senior Accountant with a focus on financial reporting to join our Controllership team at Aspida. The Senior Accountant will play a critical role in ensuring accurate and compliant financial reporting in accordance with regulatory requirements that are specific to the insurance industry. This role requires a deep understanding of insurance accounting principles, statutory regulations, and reporting standards but you do not have to have industry experience to date – We can provide all necessary training. The Senior Accountant will also have involvement in preparing and reviewing financial reports, coordinating with internal and external auditors, and maintaining effective controls to safeguard the integrity of financial reporting. This role reports to the Director, Assistant Controller and is required to be onsite 3 days a week at our Durham, NC office. What You Will Do: Prepare and file financial statements for the Company, ensuring compliance with relevant regulatory frameworks (e.g., GAAP, NAIC, state insurance departments). Reconcile financial statements with internal financial reports. Prepare journal entries and detailed reconciliations of balance sheet accounts ensuring sufficient, accurate support is provided. Stay abreast of changes in insurance accounting standards and regulatory guidelines, implementing necessary updates to ensure compliance. Collaborate with external auditors during year-end audits and regulatory examinations, addressing audit findings and ensuring timely completion of audit requirements. Collaborate with internal auditors as required throughout the year. Assist with the preparation and filing of statutory insurance filings, including annual statements, risk-based capital reports, and other regulatory submissions. Maintain internal control procedures to ensure the integrity of financial reporting. Analyze financial data to identify trends, variances, and areas for improvement in financial reporting processes. Provide technical accounting guidance to cross-functional teams and support business initiatives with comprehensive financial analysis. What We Provide: Salaried, DOE Long-Term Incentive Plan Full-Time Full Benefits Package Available What We Believe: At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items. Requirements What We Require: BA / BS in business, accounting, finance, or related degree Proficiency in critical software, including advanced skills in Excel and PowerPoint Excellent analytical, problem solving, and communication skills Ability to manage multiple priorities effectively Ability to work well as an individual and also collaboratively with other team members - Listening to and valuing others' opinions Attention to detail and accuracy in financial reporting Preferred Qualifications: MBA / CPA / CFA 3-4 years of relevant accounting and reporting experience, preferably in insurance or financial services Knowledge of insurance accounting principles and regulatory requirements (e.g., NAIC Annual Statement)

Responsibilities

The Senior Accountant will prepare and file financial statements, ensuring compliance with regulatory frameworks, and collaborate with auditors during audits. They will also maintain internal control procedures and analyze financial data for trends and improvements.