Accounting Consultant – GAAP Reporting-FIN0001NJ
Job Summary
This position reports to the Director and is part of the GAAP Reporting team, which has responsibility for the SEC reporting process, including the creation, analysis, and filing of the Company’s quarterly Form 10-Qs and annual Form 10-Ks with the SEC, as well as Form 8Ks and other SEC filings. The team is also responsible for the creation and analysis of certain stand-alone financial statements and government reports as well as the development, analysis, and distribution of key financial metrics. The role provides opportunities to collaborate across business units and utilize new technologies, as we strive to continually enhance and improve processes.
This role will perform various responsibilities in a team-oriented environment centered on tasks within external reporting. This role requires a high level of individual contribution to executing and leading team-based projects and bringing them to closure, the quarterly and annual reporting processes, preparing and enhancing analytic procedures, leading process improvements, and collaborating with our business partners. The ability to build relationships across the organization and to exercise considerable latitude in approach and judgment are critical skills to succeed in this role. Additionally, this person will provide advice and direction to less experienced team members.
The GAAP Reporting team is part of Corporate Financial Services, CNA’s corporate controller organization. The group leads CNA’s financial close process, driving efficient accounting and related analysis, along with meaningful internal and external reporting. The group’s responsibilities encompass property & casualty and life & group insurance, reinsurance and corporate accounting as well as technical advisory, financial control, services operations and SEC/GAAP and Statutory reporting.
The ideal candidate is a self-motivated, team-player that possesses a strong analytical mindset and a high degree of accountability for accurately reporting externally on CNA’s financial position and internally to deliver meaningful financial insights that shape the direction of the Company. This role requires strong communication and organizational skills, attention to detail, and the desire to innovate and improve.
Essential Duties & Responsibilities
1. Reviews the quarterly Form 10-Qs and annual Form 10-Ks, including financial statements and related footnotes / schedules for accuracy and to ensure all necessary disclosure requirements are met.
2. Reviews stand-alone financial statements and government reports.
3. Participates in technical accounting research and in determining the proper reporting treatment of complex or unusual transactions.
4. Participates in evaluating the impact of new disclosure guidance.
5. Performs benchmarking analysis against peer financial statements.
6. Investigates financial results, understands and effectively communicates impact to management.
7. Leads process improvement initiatives that enhance the efficiency and accuracy of financial reporting, including furthering use of technology to streamline processes.
8. Works collaboratively within the team, across the department, and individuals external to CNA.
9. Liaison with internal and external auditors and provides necessary support.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
1. Basic knowledge of accounting and industry issues as they relate to the organization.
2. General knowledge of GAAP accounting principles, practices and procedures.
3. Ability to foster and maintain collaborative relationships with peers, subordinates, and other members of management.
4. Strong knowledge of Microsoft Office Suite and other business-related software systems.
5. Detail oriented with strong organizational skills and ability to manage multiple projects effectively.
6. Strong analytical and problem solving skills, and ability to work independently.
7. Effective verbal and written communication skills.
Education & Experience
Bachelor's Degree, preferably in accounting or finance, CPA desirable.
Typically a minimum of five to eight years of related work experience in accounting.
Audit experience in a large public accounting firm preferred.