Senior Accountant (Fully Remote)

Position Description: Who We Are

NIP Group www.nipgroup.com is a rapidly growing financial service provider offering specialized financial solutions across a variety of industries. We deliver a comprehensive suite of services including financial reporting, accounting, investment management, and consulting.

Our culture empowers and encourages employees to be innovative, collaborative, and forward-thinking. If you are interested in being part of a growing, entrepreneurial-spirited organization, wed love to hear from you!

About the Position

We are seeking a highly motivated and detail-oriented Senior Accountant to join our team. The Senior Accountant will be responsible for ensuring accurate and timely financial reporting for all entities, including monthly reconciliations, journal entry processing, combination/consolidation, accrual review, current and deferred income tax reporting, and other tasks needed to complete the monthly financial reporting process. This role offers an exciting opportunity to work in a rapidly growing company that offers excellent career growth potential.

What Youll Do

As the Senior Accountant, your responsibilities will include:

Leadership and Team Management
• Provide coaching to staff accountants, offering context and explanations for complex transactions, and ensure appropriate delegation of responsibilities with the Assistant Controller group.

Revenue Recognition and Reporting
• Manage all aspects of revenue recognition, including premium recognition, earned and unearned revenue reconciliation, and adherence to US GAAP ASC 606, Revenue Recognition.

Accounts Receivable and Treasury Functions
• Monitor customer accounts for non-payments or delayed payments, providing support for collection efforts in line with US GAAP requirements.
• Oversee treasury functions such as managing deposits, ACH transitions, and check payments, coordinating with the Accounts Payable team.

Journal Entries and Reconciliations
• Handle regular journal entries, including monthly accruals, consolidation entries, intercompany balances, and other entries needed for financial reporting.
• Manage monthly bank reconciliations and daily cash management across all entities.

Investment and Fixed Asset Management
• Assist in managing company investment accounts, ensuring monthly reconciliations and compliance with US GAAP, GASB, and US Statutory accounting.
• Monitor and update the fixed assets schedule.

Financial Reporting and Audits
• Support the compilation, review, and filing of annual reports for company entities.
• Assist with the annual audit process, providing necessary information to external auditors, reinsurance partners, and regulators.

Other Key Responsibilities
• Monitor and record deferred items (e.g., premium receivables, direct bill balances, taxes) each month.
• Serve as back-up to other finance team members, including covering for Senior and Staff Accountants as well as the Accounts Receivable and Accounts Payable teams during absences.

What Were Looking For

Education and Experience
• Undergraduate degree in Accounting or Finance required.
• 5+ years of related experience preferred.
• Pursuit of industry certifications (e.g., CPA) or advanced degrees (e.g., MBA) is highly encouraged.

Competencies
• Strong working knowledge of accounting principles and procedures, including US GAAP, GASB, and US Statutory reporting.
• Advanced proficiency in Microsoft Excel, Word, and Outlook, with the ability to quickly learn new systems.
• High ethical standards and detail-oriented, with a focus on meeting reporting deadlines.
• Excellent communication skills, both written and verbal.
• Self-starter with effective organizational, time management, and problem-solving skills.

What You’ll Receive

At NIP Group, we recognize that there are many factors contributing to your overall satisfaction both at work and in your personal life. For that reason, we provide a perfect mix of compensation, benefits, company culture, and resources to ensure your everyday happiness. Below are some benefits that youll receive:
• Competitive compensation to reward you for your hard work every day.
• A progressive Paid-Time Off program for you to enjoy time out of the office, including time off for volunteering and life events.
• Group Medical, Dental, Vision, and Life insurance to encourage a healthy lifestyle.
• Pretax Health and Dependent Care Spending Accounts to ease taxes on spending.
• Discounts in retail and entertainment to enhance your life outside of work.

Location: Woodbridge Township, NJ, US

Offer Expires: 2025-01-24 03:10:21

Job Posting Language: en

Benefits:

  • Dental Coverage
  • Paid Time Off
  • Health Insurance

Qualifications:

  • Undergraduate degree in Accounting or Finance required
  • Pursuit of industry certifications (e.g., CPA) or advanced degrees (e.g., MBA) is highly encouraged
  • Strong working knowledge of accounting principles and procedures, including US GAAP, GASB, and US Statutory reporting
  • Advanced proficiency in Microsoft Excel, Word, and Outlook, with the ability to quickly learn new systems
  • High ethical standards and detail-oriented, with a focus on meeting reporting deadlines
  • Excellent communication skills, both written and verbal
  • Self-starter with effective organizational, time management, and problem-solving skills

Responsibilities:

  • The Senior Accountant will be responsible for ensuring accurate and timely financial reporting for all entities, including monthly reconciliations, journal entry processing, combination/consolidation, accrual review, current and deferred income tax reporting, and other tasks needed to complete the monthly financial reporting process
  • Leadership and Team Management
  • Provide coaching to staff accountants, offering context and explanations for complex transactions, and ensure appropriate delegation of responsibilities with the Assistant Controller group
  • Revenue Recognition and Reporting
  • Manage all aspects of revenue recognition, including premium recognition, earned and unearned revenue reconciliation, and adherence to US GAAP ASC 606, Revenue Recognition
  • Accounts Receivable and Treasury Functions
  • Monitor customer accounts for non-payments or delayed payments, providing support for collection efforts in line with US GAAP requirements
  • Oversee treasury functions such as managing deposits, ACH transitions, and check payments, coordinating with the Accounts Payable team
  • Handle regular journal entries, including monthly accruals, consolidation entries, intercompany balances, and other entries needed for financial reporting
  • Manage monthly bank reconciliations and daily cash management across all entities
  • Investment and Fixed Asset Management
  • Assist in managing company investment accounts, ensuring monthly reconciliations and compliance with US GAAP, GASB, and US Statutory accounting
  • Monitor and update the fixed assets schedule
  • Financial Reporting and Audits
  • Support the compilation, review, and filing of annual reports for company entities
  • Assist with the annual audit process, providing necessary information to external auditors, reinsurance partners, and regulators
  • Monitor and record deferred items (e.g., premium receivables, direct bill balances, taxes) each month
  • Serve as back-up to other finance team members, including covering for Senior and Staff Accountants as well as the Accounts Receivable and Accounts Payable teams during absences

Benefits:

  • Competitive compensation to reward you for your hard work every day
  • A progressive Paid-Time Off program for you to enjoy time out of the office, including time off for volunteering and life events
  • Group Medical, Dental, Vision, and Life insurance to encourage a healthy lifestyle
  • Pretax Health and Dependent Care Spending Accounts to ease taxes on spending
  • Discounts in retail and entertainment to enhance your life outside of work

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