Division or Field Office:
Department of Position: Financial Reporting Department
Corporate Office in Erie, PA
At Erie Insurance, you're not just part of a Fortune 500 company; you're also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia. To attract and retain the best talent, we reward our team members with competitive salaries and a very generous benefits package.
Under minimal supervision, performs complex accounting functions to organize, analyze, track and report financial activities on both a statutory accounting principles (SAP) and generally accepted accounting principles (GAAP) basis.
Leads the controls, analysis and reporting for ERIE's capitalized asset portfolios including fixed assets, leases, construction in progress, and capitalized software. This position works closely with business and process owners to ensure completeness and accuracy of data for internal and external reporting.
Individual is involved in the month-end close and monthly, quarterly and annual reporting cycles to ensure the accuracy and timely delivery of ERIE's internal and external STAT and GAAP financial reporting.
Individual's duties can vary and span preparation, analysis, documentation and review functions to achieve deliverables and objectives.
Maintains working knowledge of GAAP/SAP/SEC/PCAOB/AICPA regulatory guidance, business process flows and systems/applications. Researches and analyzes issues and implements changes for new accounting guidance or regulations.
Identifies and recommends process improvements and automation opportunities and challenges current processes for increased efficiencies and effectiveness.
Coordinates and completes special projects as required.
Duties and Responsibilities
Analyzes, verifies and balances all source data used in the preparation of journal entries, financial statements, reports, schedules and other documents in terms of accuracy, completeness and compliance with requirements. Prepares and/or reviews monthly account and system reconciliations. Prepares analytic documentation.
Prepares various journal entries, statistical reports, surveys, supporting schedules, information returns, management reports and financial statements for internal use and external filings in accordance with applicable accounting principles or regulations within the required deadlines.
Prepares and maintains internal control documentation and testing in accordance with SOX/MAR. Evaluates controls for effectiveness and identifies internal control improvements as necessary.
Maintains and applies a strong working knowledge of various regulatory guidance (SAP/GAAP/SEC/SVO/IRS). Demonstrates analytical and research skills. Evaluates impact of business changes to accounting transactions and systems and implements changes to financial information or related documentation.
Researches issues and implements changes for new accounting guidance or regulations.
Coordinates receipt of and analyzes supporting documentation from other areas of the company.
Maintains strong understanding of the control environment and adheres to applicable internal controls.
Maintains strong working knowledge of systems and applications and process flows participating upgrades as appropriate. Identifies process improvements and automation opportunities using data extraction and analysis tools, and coordinates implementation.
Prepares workpapers for review by internal and external auditors. Communicates with internal and external associates regarding financial activities and issues. Researches technical guidance and evaluates implication and develops recommended solutions.
Recommends process improvements and challenges current processes for increased efficiencies and effectiveness. Provides guidance regarding accounting principles or regulations across company. Provides training, support and guidance to lower level accounting staff, as required.
Coordinates and completes special projects as required. Performs other duties as required.
The first three duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.
This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become clear.
Ability To Learn And Follow Procedures
Ability to Manage Complexity
Developing And Maintaining Relationships
Planning And Organizing
Bachelor's degree in accounting, or related field, required. CPA certification preferred. Five years' experience in accounting or related finance experience, required. In-depth knowledge of spreadsheet, reporting, query and/or database software preferred. Working knowledge of GAAP required, SAP preferred. The position requires the incumbent to work weekends and restrict vacation during peak periods.
Incumbents focused on allocations and balancing systems may substitute nine years of related experience in lieu of degree.
Lifting 0-20 lbs; Occasional (< />
Lifting 20-50 lbs; Occasional (< />
Lifting Over 50 lbs; Occasional (< />
Pushing/Pulling; Occasional (< />
Manual Keying/Data Entry; Frequent (50-80%)
Nearest Major Market: Erie
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