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Staff Accountant At JAMES RIVER MANAGEMENT

Location: Richmond, Virginia

Job Description

Who We Are: James River Insurance Company has been named a Top Workplace in Richmond, by the Richmond Times Dispatch, for the 5th Year in a Row. We are seeking talented Accounting and Finance professionals to join our team!

What We Offer: Work/Life Balance, Excellent Compensation and Benefits, Challenging Work and a Collaborative Team Environment.

Job Summary: Assist in the preparation of Statutory & GAAP Financial Statements and handle day to day financial reporting of all activities that will assist management and others in making educated economic decisions about the Company’s future.

Essential Functions:

  • Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service.
  • Assist in the preparation of and entering monthly and quarterly journal entries.
  • Assist in preparing financial reporting such as internal and external monthly financial statements and annual audits.
  • Assist in preparing and completing annual and quarterly NAIC statutory financial statements (Yellow Books).
  • Assist with cash application, A/R. A/P, suspense clearing, bank account reconciliations, etc.
  • Abiding by and enforcing internal controls and accounting policy, including externally required controls for SOX. Ensure audit readiness and compliance.
  • Interacting with and responding to state insurance departments and regulatory authorities if necessary.
  • Assist in preparation of reinsurance reports and remittances, tracking of outstanding receivables, and any related reinsurance accounting.
  • Assist in maintaining systems and controls which verify the integrity of all systems, processes and data and enhance the Company’s value.
  • Assisting with financial planning and analysis including budgets, forecasts, results analysis and capital planning.
  • Respond to the Controller with accurate and timely work to facilitate the Company’s financial needs.
  • Participate in a wide variety of special projects and compile special reports as necessary.
  • Conform with and abide by all internal and external regulations and policies.
Knowledge, Skills and Abilities:

  • Working knowledge of GAAP, ledger, account reconciliation, audit/control procedures, cash, A/P, A/R, payroll, income tax, investment accounting, banking and/or accounting systems
  • Knowledge of Statutory Accounting, Reinsurance Accounting and other aspects of insurance operations a plus
  • Excellent verbal and written communication skills
  • Strong analytical skills with exceptional attention to detail
  • High level of initiative and motivation
  • Strong work ethic with a drive to succeed
  • Proactive self-starter with a bias toward teamwork
  • Ability to work under pressure and manage multiple deadlines
  • Intermediate to Expert level proficiency in MS Office (Word, Excel, Outlook)

Experience and Education

  • Bachelors Degree in Accounting or Finance or related required
  • Experience in accountancy or finance roles preferred
  • Working towards CPA designation a plus
  • Hands-on accounting experience within the Property and Casualty Insurance industry a plus, but not required
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