Due to growth, we have an amazing opportunity – but only if you are looking to take the next step on your accounting career journey. We are looking for an Assistant Controller who will report to the Division Controller of Specialty Group, located in our new state of the art headquarters in Wakefield, MA.
As a specialty insurance underwriting agency, we offer important insurance products that most people do not even know exist. As a leading, global protector of the sports, entertainment and promotional industries, we have an unmatched portfolio of protection from event cancellation and high limit disability to kidnap & ransom and weather, travel and event liabilities. Whether it’s protecting a major sporting event, professional athletes or even an individual entertainer, we’ve got it covered.
If you have accounting experience in a for-profit company (financial sector experience is a plus), have been heavily involved in month-end closing processes, and have experience managing staff and directing the activities of your accounting team we are looking for you!
The Specialty Group has about 150 employees located in MA, NJ, NY, and Europe. We are a subsidiary within Tokio Marine HCC, whose headquarters are in Houston, TX.
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. We have the strength and stability that comes from being a member of the Tokio Marine Group, and over fifty years of growth, profitability, and stability. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company.
Performance Objectives:
Within the first 30 days, you will gain an understanding of the department procedures, systems, and corporate policies, and how the Accounting department operates within the TMHCC Specialty structure through training and interactions with the accounting team and become familiar with our customers, suppliers, and employees from other Tokio Marine HCC subsidiaries.
Within the first 60 days, you will:
• Gain an understanding of our accounting software system, PeopleSoft, as well as our policy administration system, IBM iSeries.
• Review and approve
o employee expense reports
o a selection of month-end close journal entries
o a selection of balance sheet account reconciliations
o bank transactions
• Assist with
o accounting for new derivative business venture
o lease accounting
o implementation of new accounting policies, ensuring compliance with US GAAP and IFRS
o annual budgeting process
o internal and external audit queries
o questions from accounting staff, and directing daily operational accounting activity
• Perform income statement analysis and research variances
Within the first 90 days, you will
• Work independently, meet deadlines, and demonstrate the ability to meet challenges related to job responsibilities
• Contribute to company project to shorten month-end close timeline
• Suggest control and process improvements, including evaluating technology to help with automation of routine tasks and enhanced reporting
Your Skills and Experience:
• Minimum 4-year bachelor’s degree in accounting, finance, a related field or the equivalent education or experience
• 8 years of relevant and progressive experience in accounting with 5 years of leadership
• Certified Public Accountant (CPA) designation preferred
• Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word) and PowerBI
• Experience using enterprise software (PeopleSoft experience a plus)
• Excellent written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
This role will include between 5%-10% travel.
What we offer:
Just as Tokio Marine HCC Group of Companies is customer centric, we are also employee centric offering our employees a competitive salary and employee benefit package, strong learning culture, collaboration, 401K match, paid parental leave, hybrid work schedule*, and an opportunity to love what you do. The Tokio Marine Group of Companies is an equal-opportunity employer. Our office is conveniently located just north of Boston, MA on a scenic campus with cafeterias, gyms, walking trails and close proximity to MarketStreet Lynnfield. Please visit www.tmhcc.com for more information about our companies.
*Our hybrid work schedule – is 4 days in the office and 1 day WFH, if desired, upon successful completion of a training period. Please consider this requirement before applying.
If your experience matches these requirements, please apply WITH A COVER LETTER, expressing why you want to join our team.
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