SFM – The Work Comp Experts
Work somewhere you love
SFM is unique in that we are small enough that your voice is heard, but has all the benefits and perks of a larger employer. We value your opinion, help you reach your goals, and make it easy for you to maintain work-life balance. Find out why our employees rate us a top employer and choose to stay and grow with us. Find out why SFM employees have stayed for 30+ years! Visit our careers page to learn more about working at SFM.
Partners with team members to support the financial expertise and reporting needs of SFM. Executes complete, accurate and timely financial statements and regulatory filings. Elevates effectiveness of processes by leveraging knowledge, systems, networks, and resources. Reports in accordance with Statutory Accounting Principles (SAP) and in compliance with SFM policies and procedures.
What You Will Be Doing
1. Drives accurate and efficient journal entry posting and creates all relevant supporting documentation. Reconciles general ledger account balances to source systems and documents, resolving discrepancies for future alignment. Reviews account balances for large variances or unusual amounts.
2. Prepares financial statements, schedules and analysis to support financial, tax, and regulatory reporting requirements.
3. Trains and mentors finance team members on system capabilities, partnering to explore and implement enhancements to processes.
4. Reviews the work of other finance team members and provides learning opportunities to further enhance knowledge, accuracy, and efficiency.
5. Assists in annual budget process and budget variance reports.
6. Supports Company’s external auditors by providing documentation and validation of process and data.
1. Champions use of financial expertise to support the achievement of strategic, team, and individual goals, promoting outstanding customer service standards throughout.
2. Stays current and demonstrates a keen proficiency for insurance finance and supporting technical skillsets.
3. Recommends improvements by taking a best practices approach based on evidence of impact and effectiveness.
4. Communicates with internal and external customers and maintains appropriate interactions with all persons.
What We’ll Love About You
Bachelor’s degree in accounting and/or finance.
Four-plus years’ experience of insurance accounting or similar experience.
Experience working for a workers’ compensation and/or property casualty insurance company preferred.
CPA designation preferred.
Advanced knowledge of insurance accounting practices and applicable tax requirements.
Proficiency in the use and navigation of financial accounting systems, Microsoft Office Suite, regulatory software, and other analytical tools.
Excellent math and analytical capabilities.
Demonstrated commitment to accuracy; able to work through details while maintaining focus on overall objective(s).
Demonstrated ability to work in a fast-paced environment with changing priorities. Organized, able to manage multiple priorities and deadlines.
Ability to apply discretion and maintain confidentiality.
Strong customer service focus, supported by written and verbal communication skills and the ability to interact across teams and management.
Ability to work independently and within a team.
Ability to assimilate, understand and analyze information from a variety of sources.
Sound judgment and decision making capabilities.
Regular attendance is required. Work takes place in a semi paperless environment within an office setting, using standard office equipment such as computers, phones, and photocopiers, which requires being stationary for extended periods of time. While performing the duties of this job, the employee is regularly required to talk or hear, and maintain concentration and focus. The employee frequently is required to stand; walk; use hands and fingers, handle or feel; and reach with hands and arms and work with close vision. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Work is performed indoors with little to no exposure to extreme outdoor weather conditions. Travel as needed.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Since 1983, our mission has been to be the workers’ compensation partner of choice for agents, employers and their workers. In that time, we’ve expanded to a little over 25,000 customers in the Midwest and grown our offerings to include vocational rehabilitation, loss prevention, medical services and more. Though much has changed through the years, our focus continues to be unrivaled customer service, safety, and providing better outcomes for employers and injured workers.
The safety of our employees, both current and future, is SFM’s highest priority. At this time, most of our employees are working remotely due to the current COVID-19 pandemic. Candidates who are selected for this position may be trained remotely and must be able to work from home in a designated work area. Once SFM determines it is safe for employees to return to the office, candidates may be required to work in our Bloomington, MN office.
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SFM Mutual Insurance Company and each of its parent companies, subsidiaries and/or affiliated companies are Equal Opportunity/Affirmative Action Employers. All employment decisions are made without regard to race, color, religion, sex, national origin, age, sexual orientation, marital, familial, or veteran status, medical condition or disability, or any other legally protected classification.
SFM Companies, EEO/AA Employers. SFM is a participant of E-Verify. Applicants have rights under Federal Employment Laws.
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