Staff Accountant

Job Description

  
We are Farmers! 
  
Join a team of diverse professionals at Farmers to acquire skills on the job and apply your learned knowledge to future roles at Farmers. Farmers Insurance also offers extensive training opportunities through the award winning University of Farmers named by Training magazine amongst top 10 corporate training units in the world. Start your career at Farmers today! 
  
Job Summary 

This position develops and maintains technical expertise in IFRS financial accounting and reporting for the life company, monitors and implements needed changes to reporting requirements, prepares or reviews various disclosures, exhibits and schedules included in the annual and quarterly financial statements, prepares and/or reviews analysis for management.  Special and/or Preferred Skills include:

  • Life Insurance Accounting Experience preferred
  • Strong Excel skills, including experience with advanced functions such as pivot tables and v look-ups
  • Experience with SAP preferred
  • Flexible and analytical with a meticulous eye for details
  • Highly organized and independent yet able to work collaboratively
  • Ability to focus heads down for extended periods
  • Desire to research and resolve issues with detective like ability
  • Self-starter and desire to stay busy, i.e., looks for work during slow periods
  • Not afraid of challenging issues and tasks
  • Desire to learn about the life insurance industry and Life insurance accounting
  • Operates with integrity and thrives in a fast-paced environment
  • Strong Communicator with excellent interpersonal skills
Starting Salary: $70,000- $85,000 depending on skill set and experience. 
Location: Bellevue, WA 


Prepares and executes monthly processes including month end accounting close, budget/expense reporting, and Internal Control Framework (ICF) requirements. Analyzes, interprets, and projects financial data; develops recommendations to aid management in short and long-range financial planning, measuring profitability, and evaluating cost control performance; participates on cross-functional teams, delivering on and tracking progress on strategic and tactical initiatives; analyzes state and federal regulations to determine their applicability to the company; performs research on key competitors; analyzes financial records and reports; performs other accounting studies and projects as assigned. 
  
Essential Job Functions 
  • 35% -Validates the accuracy of various monthly/quarterly accounting processes including financial statements, exhibits, schedules and note disclosures for GAAP, IFRS and statutory reporting, budget variance reporting, key performance indicators (KPI) metric reports on financial and operational results. Perform analysis, recommends necessary adjustments, and communicates trends, including providing forecasts as necessary.  
  • 20% -Performs research and analyzes various financial reporting, tax, regulatory guidelines and requirements delivering a summary of key issues along with recommendations to management.  
  • 15% -Participate on Finance and cross functional teams to deliver on strategic initiatives such as product development, systems development, agent/distribution and sales initiatives. 
  • 15% -Prepares ad-hoc reports, analysis, and conducts special projects as necessary. Analyzes existing workflow, ensuring efficient use of resources and participates in implementation of process improvement projects.  
  • 10% -Works with internal and external auditors, and state examiners. Researches and facilitates resolution of issues that arise. 
  • 5% -Provides guidance to fellow staff members regarding department standards and procedures.  
Physical Actions 
  
Required job duties are essentially sedentary in nature, consisting of occasion walking, standing, lifting and/or carrying ten pounds maximum, seeing, speaking, and hearing. 
  
Physical Environment 
  
Required job duties are normally performed in a climate-controlled office environment. 
  
Education Requirements 
  
Bachelors Degree in Accounting
  
Experience Requirements 
  
External candidates should have a minimum of 3 years of prior Accounting experience. The same time-on-job requirement is preferred for internal candidates.  
  
Special Skill Requirement
  • Strong Excel skills, including experience with advanced functions such as pivot tables and v-lookups
  • Experience with SAP preferred
  • Flexible and analytical with a meticulous eye for details
  • Highly organized and independent yet able to work collaboratively
  • Ability to focus heads down for extended periods
  • Desire to research and resolve issues with detective like ability
  • Self-starter and desire to stay busy, i.e., looks for work during slow periods
  • Not afraid of challenging issues and tasks
  • Desire to learn about the life insurance industry and Life insurance accounting
  • Operates with integrity and thrives in a fast-paced environment
  • Strong Communicator with excellent interpersonal skills
Farmers is an equal opportunity employer, committed to the strength of a diverse workforce. 

Schedule: Full-time

Job Posting: 04/09/2019