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Berkley Technology Services · 12 hours ago

Accounting Manager – Banking & Fixed Assets

Urbandale, IA

Full-time

Onsite

Mid, Senior Level

5+ years exp

W. R. Berkley Corporation is one of the largest commercial lines property and casualty insurers in the United States. The Accounting Manager will lead a team responsible for banking and fixed asset operations, ensuring accurate financial reporting and compliance across multiple business units.

Information TechnologyProject ManagementSoftware

No H1B

Responsibilities

Lead a team that is responsible for the day-to-day operations relating to banking, fixed asset/1099’s. This involves working with 50+ business units across W.R. Berkley

Responsible for ensuring and maintaining accurate and timely interfacing of general ledger and financial application software as it relates to these areas

Oversee the day-to-day operations of the banking, fixed asset/1099 teams at BFINS, which involves a team of three direct reports

Work closely with business units to ensure fixed assets and 1099’s are prepared properly

Manage Fixed Assets/Prepaids, Depreciation/Amortization. Oversee asset coding – assist in proper asset coding on invoices and on manually added assets for intercompany transactions

Assist business units in clean-up of assets

Track Work in Process for remodels, capitalized software-new premium/claim system builds. Post monthly depreciation entries and allocations to other business units. Monthly reconciliations

Review Fixed Asset and Prepaid clearing accounts. Ensure any gains/losses on disposals are moved to proper business units

Run Month end close jobs for Asset Manager

Prepare quarterly statutory journal entries for EDP Non-Admitted and Depreciation stat adjustments

Review and help prepare 34,000 1099’s for 53 insurance companies, IRS Tin Matching-bulk & individual, IRS Fire system filings-original & corrections and state 1099 Filings

Oversee team which performs voucher/supplier mismatches, duplicate TIN consolidation, obtain new W9’s

Assistant Corporate Tax Department with collection of 1042 information for payments to foreign vendors

Manage Banking Team – Provide backup support as needed and assist with reviewing and approving Positive Pay exceptions in CashPro

Review and approve monthly deposit journal entries, treasury entries, translation adjustment entries

Review and approve monthly bank reconciliations

Prepare Custodial Bank Reconciliations. Access and download online bank statements. Notify Investment team of differences or cash balances found that may need to be requested

Ensure processes/procedures are documented in a department manual and reviewed on a regular basis

Qualification

AccountingExcelPeopleSoftInsurance1099 ProFocus on ResultsLanguage SkillsAnalytical SkillsComputer SkillsLeadershipAdaptabilityProblem Solving

Required

Bachelor Degree in Accounting from four year college or university

Minimum 5 years accounting experience with 2-3 years in a supervisory role

Advanced skills in Excel and PeopleSoft with the ability to analyze results

Leadership – Establishes direction; motivates, empowers and develops staff; fosters teamwork; manages change and communicates effectively

Adaptability – Adapts to changes in the work environment; able to manage competing demands; accepts criticism and feedback and implements changes; changes approach or method to best fit the situation

Focus on Results – Pursues commitments and deadlines until completion; recognizes and acts on opportunities; takes responsibility for outcomes

Problem Solving – Identifies problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions

Language Skills – Ability to read analyze and interpret business periodicals, professional journals, technical procedures or governmental regulations; ability to write business correspondence and procedure manuals; ability to effectively present information and respond to questions from supervisors/managers, accounting colleagues, corporate clients and other employees

Analytical and Computer Skills – Ability to analyze and compare data; ability to learn and use changing technology and communicate best practices