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Senior Accountant Corporate

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.As a Senior Analyst of Corporate Accounting, you will prepare accounting entries and financial reporting in accordance with Statutory (STAT), US Generally Accepted Accounting Principles (US GAAP), and International Financial Reporting Standards (IFRS). You’ll also complete regulatory filings related to the life insurance companies.What you will do:• Record and maintain journal entries. This includes analysis of data to identify anomalies and possible errors in the financial data• Prepare and file statutory financial statements, including preparation of state department of insurance sundry filings• Continual evaluation of processes and process improvement• General ledger account reconciliations, including inter-company accounts, and the clearing of the reconciling items• Support implementation and operation of technical accounting policies and procedures under the guidance of their manager. Stay abreast of financial reporting and regulatory changes that may impact the business• Support internal and external audit processes as neededWhat you will bring:• Bachelor’s degree in Accounting, Finance, or related field, or equivalent experience• 5+ years relevant accounting experienceWhat will set you apart:• Statutory accounting experience preferred• Intermediate MS Office skills• Strong written and verbal communication skills• Strong problem-solving skills and attention to detail• **Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***What we offer youWe offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.• Medical, dental, vision and life insurance• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup• Tuition reimbursement up to $5,250/year• Business-casual environment that includes the option to wear jeans• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year• Paid volunteer time — 16 hours per calendar year• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.Base Salary Range$0.00 - $0.00The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.Equal opportunity employer • Drug-free workplaceWe are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.• **For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***Job Posting End Date at 12:01 am on:12-13-2024Want the latest money news and views shaping how we live, work and play? Sign up for Empower’s free newsletter and check out The Currency.
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Edmund F. Murphy III
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What You Should Know About Senior Accountant Corporate, Empower

If you're looking to elevate your career as a Senior Accountant Corporate with Empower in Greenwood Village, CO, you're in for a treat! At Empower, we believe that transforming financial lives goes hand-in-hand with giving our team the freedom to transform their own careers. We're proud to offer a flexible work environment that encourages internal mobility and recognizes the importance of work-life balance. As a Senior Accountant Corporate, you'll be on the frontline of preparing accounting entries and financial reporting in line with Statutory, US GAAP, and IFRS. Imagine each day as you dive into maintaining journal entries, reconciling general ledger accounts, and enhancing our processes while only reporting on what matters! Your analytical skills will come into play as you identify any financial discrepancies and support both internal and external audits. With your bachelor’s degree in accounting or finance and at least five years of relevant experience, you’ll bring a wealth of knowledge to our team. If you have statutory accounting experience under your belt, even better! Join us and be part of a culture that celebrates purpose and inclusivity while making a real impact within our communities. Ready to help others achieve financial freedom? Come on board with Empower!

Frequently Asked Questions (FAQs) for Senior Accountant Corporate Role at Empower
What are the primary responsibilities of a Senior Accountant Corporate at Empower?

As a Senior Accountant Corporate at Empower, your primary responsibilities revolve around preparing accounting entries, maintaining journal entries, and ensuring accurate financial reporting in accordance with Statutory (STAT), US GAAP, and IFRS. You'll handle general ledger account reconciliations, support regulatory filings, and work closely on process evaluations and improvements, all while collaborating with internal and external audit teams.

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What qualifications are required for the Senior Accountant Corporate position at Empower?

To qualify for the Senior Accountant Corporate role at Empower, candidates should possess a bachelor’s degree in Accounting, Finance, or a related field along with a minimum of 5 years of relevant accounting experience. Statutory accounting experience is preferred, and having strong communication skills and problem-solving abilities will set you apart among applicants.

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How does Empower promote work-life balance for its Senior Accountants?

Empower promotes a healthy work-life balance for its Senior Accountants by offering flexible work arrangements, generous paid time off policies, and an inclusive environment that values individual well-being. Employees are encouraged to participate in volunteer opportunities, reinforcing a culture that prioritizes personal fulfillment alongside professional commitments.

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What tools and resources will a Senior Accountant Corporate use at Empower?

As a Senior Accountant Corporate at Empower, you will utilize tools such as MS Office for data analysis and reporting, along with other accounting software proficient in maintaining accurate financial records. You'll also have access to ongoing training and updates about financial reporting and regulatory changes, ensuring you stay current in your field.

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What benefits does Empower offer to its Senior Accountants?

Empower offers a comprehensive benefits package for its Senior Accountants, including medical, dental, and vision insurance, a robust 401(k) plan with company matching, tuition reimbursement, generous leave policies, and the option for paid volunteer time. The company's focus on diversity and inclusion ensures a supportive workplace environment for all employees.

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Common Interview Questions for Senior Accountant Corporate
Can you explain your experience with statutory accounting as a Senior Accountant Corporate?

In my previous roles, I handled statutory accounting by preparing and filing financial statements according to specific regulatory requirements. I stayed updated on relevant laws and worked closely with regulatory bodies to ensure compliance. I believe that my proactive approach and attention to detail are critical for success in statutory accounting.

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What strategies do you use for maintaining accuracy in financial reporting?

I maintain accuracy in financial reporting by implementing thorough checks and balances, conducting regular reconciliations, and utilizing accounting software that minimizes human error. I also proactively seek feedback from my team to ensure that any discrepancies are addressed promptly.

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How familiar are you with GAAP and IFRS standards?

I am well-versed in both GAAP and IFRS accounting standards gained through my extensive experience in corporate accounting. I have consistently applied these standards in my previous roles to ensure compliance and accurate financial reporting, adapting to changes in regulations as necessary.

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Describe a time you identified an error in financial data. How did you address it?

In a previous position, I noticed discrepancies in reported revenue figures during a quarterly review. I conducted a detailed analysis and traced the error back to a misallocation in journal entries. I promptly communicated my findings to management and led a collaborative effort to correct the entries and enhance our processes to prevent similar issues in the future.

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How do you prioritize your tasks when facing tight deadlines?

When facing tight deadlines, I prioritize my tasks by assessing urgency and importance. I create a detailed schedule outlining important milestones and allocate time blocks to complete each critical task. Communication with my team is key, ensuring we align our priorities and support each other to meet deadlines effectively.

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What tools or software are you proficient in as a Senior Accountant Corporate?

I am proficient in various accounting software, including [specific software previously used], and intermediate in MS Office tools such as Excel for modeling and analysis. I also have experience with enterprise resource planning (ERP) systems which streamline financial data and reporting.

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How would you handle differences in accounting regulations between jurisdictions?

To handle differences in accounting regulations between jurisdictions, I stay informed of both local and international standards, actively engaging in professional development opportunities. I collaborate with legal and compliance teams to ensure that all financial reports meet the necessary regulatory requirements, ultimately maintaining transparency and accuracy.

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What is your approach to process improvement within an accounting team?

My approach to process improvement includes analyzing current procedures, identifying bottlenecks, and seeking input from team members. I encourage a culture of continuous feedback to foster innovation and efficiency, implementing best practices, and training to ensure everyone adapts to new processes smoothly.

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How do you ensure compliance with financial regulations?

I ensure compliance with financial regulations by keeping up with legislative changes and participating in continuous training. Additionally, I reinforce compliance through thorough documentation, regular audits, and communication with regulatory bodies to stay aligned with their expectations.

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Why do you want to work at Empower as a Senior Accountant Corporate?

I admire Empower's commitment to transforming financial lives and its culture of inclusivity and flexibility. I believe my values align with the company’s mission, and I am excited about the opportunity to contribute to a team that prioritizes personal growth, community engagement, and effective financial practices.

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To empower financial freedom for all.

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DATE POSTED
December 10, 2024

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