Accounting Manager
Orchid Insurance
- Colchester, VT
- Permanent
- Full-time
- Provide advice on compliance requirements, investment regulations and current accounting developments that affect clients
- Give presentations at client, shareholder, and/or Board of Director meetings to review financial information. Prepare and/or review monthly financial statement package and management review for a group of captive clients, in accordance with GAAP, IFRS, SAP and modified GAAP
- Perform all accounting necessary for maintaining captive clients, including preparing and/or reviewing all general ledgers, reconciliation and customized financial and managerial reports.
- Training, oversight and development of teammates.
- Work with all service providers including but not limited to auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs and bankers; acting as client point person to organize and coordinate all matters to effectively manage the captive clients. Prepare and/or review regulatory filings, premium tax returns and NAIC filings.
- Responsible for regulatory interfacing with each domicile – onshore and offshore, consisting of domiciles such as Vermont, Hawaii, Cayman Islands, Arizona, Georgia, Michigan, Delaware, South Carolina, Missouri, Nevada, Colorado, and District of Columbia.
- Responsible or substantive audit review and compliance testing, involving drafting and reviewing of audit reports.
- Monitor cash flow, prepare budgets and ad hoc reports. Work with multiple accounting systems, including MAS 500 and Biznet to prepare financial statements in accordance appropriate accounting basis.
- Maintain appropriate level of confidentiality of information processed.
- Follow all company policies and procedures.
- Other duties as assigned.
- Bachelor’s degree in Accounting or related field
- 5-10 years’ experience in position with similar duties
- Ability to use initiative and good judgment in accomplishing tasks with minimal errors.
- Must possess critical thinking skills.
- Establish and maintain effective work relationships and to function in a team environment.
- Excellent listening, interpersonal and customer service skills.
- Proficiency in use of personal computers, including data entry, word processing and spread sheet applications (Microsoft Office applications).
- CPA designation
- Manual dexterity, arm and upper body range of motion sufficient for use of a keyboard, mouse and telephone 7-8 hours per day.
- Speech and hearing sufficient for in-person and telephone communication 7-8 hours per day.
- Vision sufficient for use of a computer monitor.
- Ability to sit at a desk 7-8 hours per day.
- Possible travel opportunities