Senior Financial Accounting Analyst or Financial Accounting Analyst Job at Zurich North America, Schaumburg, IL

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  • Zurich North America
  • Schaumburg, IL

Job Description

The role is for a Senior Financial Accounting Analyst or Financial Accounting Analyst to support our Finance Accounting team performing accounting entries, analysis and reconciliation.

To perform general accounting operations relevant for Group and Statutory reporting, ensuring that accounting processes and procedures are followed and completed to support and reinforce key business objectives. Will communicate and document financial statement impacts to management.

In this role you will be responsible for:

  • Support various types of general and/or sub-ledger transactions relevant for Group reporting as well and local Globally Accepted Accounting Principles reporting
  • Maintain one or more ledger categories/chart of accounts as a regular part of daily work
  • Perform and review SOX controls in line with Group internal guidelines
  • Processes moderate to complex transactions and related activities and able to communicate/document financial statement impacts to management
  • Prepares and reviews complex reconciliations and clears all open items. Processes complex transactions and related activities, including complex collections and settlements
  • Prepares and reviews financial reports and finds and corrects errors
  • Analyzes financial statements, ledger accounts and prepares complex spreadsheets
  • Prepares and monitors budgets and trends, suggests solutions to issues
  • Performs complex accounting research and applies complex accounting theory to transactions
  • Identifies potential process improvements and efficiencies. Develops and presents action plans for process improvement to management
  • Communicates complex concepts and subject matter to supervisors and outside vendors or customers
  • Promotes teamwork and leads or participates in project work streams
  • May oversee analysis performed by less experienced staff
  • Leads or participates in inter-department group teams on complex projects, evaluates potential impact on local reporting units, performs local implementation of changes
  • Business Travel, as required
  • Extended Hours during Peak Periods, as required
  • Pass Applicable Exam/Licensing, as required
  • Regular Predictable Attendance

This role will be filled at either the Financial Accounting Analyst or Senior Financial Accounting Analyst Level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

Basic Qualifications:

Financial Accounting Analyst:

  • Bachelors Degree and 4 or more years of experience in the Accounting or Finance area OR
  • High School Diploma or Equivalent and 6 or more years of experience in the Accounting or Finance area OR
  • Completion of Zurich Finance Development Program, including a Bachelors Degree and 2 or more years of experience in the Accounting or Finance area OR
  • Zurich Certified Insurance Apprentice with 4 or more years of experience in the Accounting or Finance area

OR

Senior Financial Accounting Analyst:

  • Bachelors Degree and 6 or more years of experience in the Accounting or Finance area OR
  • High School Diploma or Equivalent and 8 or more years of experience in the Accounting or Finance area OR
  • Zurich Certified Insurance Apprentice including Associate Degree and 6 or more years of experience in the Accounting or Finance area

Preferred Qualifications:

  • CPA
  • Advanced knowledge and understanding of accounting principles
  • Insurance industry experience
  • Advanced general ledger transactional experience
  • Project management experience
  • Intermediate to advanced Microsoft Office experience
  • Technology experience related to one or more of the following areas: General ledger, financial reporting systems, Business Objects or other query tools
  • Strong written and verbal communication skills

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education. The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $71,100.00 - $154,000.00. The proposed salary range for the Financial Accounting Analyst is $71,100.00 - $116,500.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior Financial Accounting Analyst is $94,100.00 - $154,000.00, with short-term incentive bonus eligibility set at 15%.

As an insurance company, Zurich is subject to 18 U.S. Code

  • 1033.

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

Location(s): AM - Schaumburg

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag:

Job Tags

Full time, Temporary work, Apprenticeship, Work at office, Local area, Remote work, Visa sponsorship,

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