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Insurance Accounting Manager
JOB DESCRIPTION
- Manages the monthly financial close, including required adjusting entries, reconciliations, and financial analysis of Greystar’s insurance accounts. Oversees and approves financial transactions and information in preparation for entry into various financial statements and accounting reports by checking calculations, reviewing basis for figures, balancing and reconciling figures, and making exceptions as necessary.
- Oversees management of the day-to-day cash transactions of each insurance program (Property, General Liability, Workers Compensation, and Health Insurance). This includes but is not limited to daily oversight of bank accounts, entering transactions into Oracle on a timely basis, managing the intercompany bill-backs and accounts payable process, reviewing and approving wire/ACH transactions, and ensuring completion of monthly bank reconciliations.
- Partner closely with the risk management team and our Captive Manager to implement and manage a Captive Insurance program.
- Collaborate with our third-party insurance brokers on reconciling fees, loss funds, and payments.
- Ensures customer satisfaction by managing the timely completion and distribution of financial reports to clients and key business leaders, assisting in resolving discrepancies and variances in actuals-to- budget, and responding to requests, questions, and issues related to the ongoing financial performance of Greystar’s insurance programs.
- Contributes to the annual business planning and budgeting process by managing historic and predictive financial data, as well as managing budget and financial models.
- Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
Knowledge, Skills, Abilities:
- Demonstrated ability to write and communicate effectively to prepare and explain financial data to business leaders and managers, team members, clients, internal and external auditors, and other business contacts.
- Demonstrated proficiency in word processing, spreadsheet, database management, and corporate accounting in order to complete required reports. Expert in Excel. Oracle experience preferred.
- Demonstrated ability to work collaboratively with others in a dynamic and fast-paced environment.
- Ability to be a self-starter, think independently, and collaborate with multiple departments. Strong organizational skills are necessary.
- Driven; a quick study with internal drive to make a difference in a high-growth organization – a self- starter that requires minimal direction. Works well independently and can successfully build and maintain cross-functional relationships.
- An understanding of insurance accounting and experience in supporting the accounting or controllership function for an insurance company strongly preferred.
- A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).
- Undergraduate degree in accounting, finance, or business is required.
- 4+ years of relevant accounting experience is required.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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Company Updates
THE GREYSTAR STORY
In 1993, when Founder, Chairman, and CEO Bob Faith set out to build Greystar, he envisioned the need for a rental housing industry leader — a blue-chip company that operated with the highest integrity and character in delivering world-class services to residents, property owners, and investors.
With a winning strategy and a focus on people, Greystar continues to meet that need, guided by the Mission of enriching the lives we touch by doing things the right way.
Over the years, Greystar has learned what’s important to people when it comes to a place to call home. That’s why we continually strive to provide beautiful living environments and innovative services that enhance the living experience. We take pride in knowing that our homes are inviting places for residents to celebrate life’s important moments.
WHAT SETS US APART
At Greystar, we care about our residents, clients, and partners – and it shows. Our focus on people, genuine relationships, and shared values has created a unique and defining company culture.
Our team members are key to that culture, so we also strive to hire the best people in the business. “Our Core Values and our people are at the heart of everything we do,” says Bob. “Though times and technology may change, it’s our people who have made Greystar the global leader in rental housing.”
Diversity, Equality & Inclusion
At Greystar, we’re committed to doing the right thing. Our Core Values foster an environment of diversity, equality, inclusion, and belonging, and create the framework that guides everything we do. Our company-wide Diversity, Equality & Inclusion effort isn’t something that’s led by a person or division – it is an effort that is driven by the entire business and guided by our team members.