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Accounting Manager

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

Who is Verisk Marketing Solutions?

Verisk Marketing Solutions helps marketers create exceptional experiences for their customers and prospects by targeting the right person, with the right message, at the right time. We do this with the highest standards for data security and respect for the consumer’s privacy, preference, and permission. Our consumer insights and data solutions are designed to help marketers continuously maintain a real-time view of customers and prospects as those consumer’s profiles and behaviors are changing over time. Whether our customers are seeing a consumer for the first time or have a long-standing relationship with her, we help them improve the reach, timing, relevance, and compliance of every engagement. We take pride in helping our customers understand and apply our solutions and data to improve their digital marketing strategies in new and creative ways. When our customers win, we win.

Position Overview

We are looking for an experienced Accounting Manager to oversee our accounting operations and ensure the integrity of our financial data.

The Accounting Manager will be responsible for managing the day-to-day accounting functions, preparing financial reports, and leading a team of accountants. This role requires strong leadership skills, a deep understanding of accounting principles, and the ability to work collaboratively across departments.

Key Responsibilities:

  • Oversee and manage the general accounting functions, including accounts payable, accounts receivable, and general ledger.
  • Prepare, review, and analyze financial statements and reports.
  • Maintain internal controls and ensure compliance with accounting policies and regulations.
  • Lead month-end and year-end close processes for multi-entity organization.
  • Coordinate audits, prepare audit schedules, and provide audit support.
  • Monitor and analyze accounting data to identify and resolve discrepancies.
  • Develop and implement accounting policies, procedures, and systems to improve efficiency.
  • Supervise and mentor accounting staff, providing guidance and professional development.
  • Collaborate with other departments to support overall company goals and objectives.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field. CPA preferred.
  • Minimum of 8 years of accounting experience, with at least 4 years in a supervisory role.
  • Strong knowledge of accounting principles, financial reporting, and regulatory requirements.
  • Proficiency in accounting software and Microsoft Excel.
  • Experience with Oracle ERP systems is a plus.
  • Strong knowledge of ASC 606.
  • Experience with subscription billing is a plus.
  • Excellent problem-solving, organizational, and communication skills.
  • Ability to lead a team and manage multiple priorities in a fast-paced environment.
  • What We Offer:
  • Competitive salary and comprehensive benefits package.
  • Opportunities for career advancement and professional development.
  • A supportive and collaborative work environment.

#LI-LM03

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 

 

 

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What You Should Know About Accounting Manager, Verisk

At Verisk Marketing Solutions, we're on the lookout for an Accounting Manager who is ready to roll up their sleeves and dive into the heart of our financial operations. Located in Oakbrook Terrace, IL, this position is perfect for someone with a passion for numbers and a knack for leadership. Here, we believe in creating exceptional experiences, not just for our clients but also for our team members. As the Accounting Manager, you'll have the opportunity to manage the day-to-day accounting functions, oversee accounts payable and receivable, and ensure that we have clean and accurate financial reporting. The world of analytics is evolving, and so are we! Your experience in accounting, coupled with your strong knowledge of compliance and internal controls, will play a critical role in helping us achieve our goals. You’ll not only supervise and mentor a dedicated team of accountants but also collaborate with various departments to enhance our overall efficiency. At Verisk, we’re committed to fostering a supportive and innovative workplace culture where your ideas can thrive. If you're excited about the intersection of finance and technology and ready to help shape our company’s financial future, then this is the perfect opportunity for you!

Frequently Asked Questions (FAQs) for Accounting Manager Role at Verisk
What are the main responsibilities of the Accounting Manager at Verisk Marketing Solutions?

The Accounting Manager at Verisk Marketing Solutions is responsible for managing the general accounting functions, including accounts payable, accounts receivable, and general ledger. They prepare and analyze financial reports, oversee month-end and year-end close processes, coordinate audits, and ensure compliance with internal controls and accounting policies.

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What qualifications are required for the Accounting Manager position at Verisk?

To qualify for the Accounting Manager position at Verisk, candidates should hold a Bachelor’s degree in Accounting or Finance, with a CPA preferred. They must have a minimum of 8 years of accounting experience, including 4 years in a supervisory role, as well as strong knowledge of financial reporting and regulatory requirements.

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What software skills are necessary for the Accounting Manager at Verisk Marketing Solutions?

The Accounting Manager at Verisk Marketing Solutions should be proficient in accounting software and Microsoft Excel. Experience with Oracle ERP systems is a plus, and familiarity with ASC 606 and subscription billing is advantageous for the role.

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How does the Accounting Manager contribute to team leadership at Verisk?

The Accounting Manager plays a vital role in team leadership by supervising and mentoring accounting staff, providing guidance, and fostering professional development. Their leadership ensures that the team operates effectively and contributes to Verisk's overall financial health.

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What opportunities for professional development does Verisk offer the Accounting Manager?

Verisk offers several opportunities for professional development, including career advancement programs, ongoing training, and a collaborative work environment. Employees are encouraged to enhance their skills and grow within the company.

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Common Interview Questions for Accounting Manager
What accounting software are you proficient in and how do you use it in your daily tasks?

I am proficient in various accounting software, including Oracle and QuickBooks, along with Microsoft Excel. I use these tools to manage and report on financial transactions, analyze data for discrepancies, and prepare comprehensive financial statements.

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Can you explain your experience with month-end and year-end closing processes?

Absolutely! I have led monthly and yearly closing processes in my previous roles, ensuring accuracy in financial reporting by coordinating with different departments, reconciling accounts, and addressing any discrepancies to meet deadlines efficiently.

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How do you ensure compliance with accounting policies and regulations?

I ensure compliance by staying up-to-date with current accounting standards and regulatory requirements. I implement rigorous internal controls and regularly review financial processes and reports to identify areas for improvement.

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Describe a time when you identified and resolved a discrepancy in financial data.

In a prior role, I noticed a consistent discrepancy in the accounts payable entries. I conducted a thorough investigation, identified software input errors, and collaborated with the team to adjust processes, effectively eliminating the issue.

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How do you handle leading a team in a fast-paced environment?

Leading a team in a fast-paced environment requires clear communication and delegation. I prioritize tasks, support my team by providing necessary resources, and maintain open lines of communication to ensure everyone feels confident in their roles.

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What experience do you have with financial reporting and analysis?

I have extensive experience in financial reporting and analysis, including preparing monthly financial statements and conducting variance analyses. I believe that thorough analyses provide valuable insights to support better decision-making.

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How do you measure the success of your accounting team?

I measure success through performance metrics such as accuracy of financial reporting, meeting deadlines, and the overall efficiency of processes. Continuous feedback and professional development also play crucial roles in fostering a successful team.

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What strategies do you use to mentor less experienced accountants?

I employ a hands-on approach by providing guidance through real tasks, setting up regular check-in meetings to discuss challenges, and encouraging continuous learning through professional development resources.

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Can you describe your experience with audits?

I have coordinated several internal and external audits, preparing audit schedules, and supporting auditors with documentation. My proactive approach helps drive audits to be smooth and efficient.

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Why do you think teamwork is important in accounting?

Teamwork is vital in accounting because the accuracy and integrity of financial data rely on collaboration. It fosters communication, allows for the sharing of diverse ideas, and ensures comprehensive oversight of accounting functions.

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To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

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Full-time, on-site
DATE POSTED
December 5, 2024

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