Financial Analyst

$76,600 - $105,325/Yr

Unclassified - Frederick, MD

posted 3 months ago

Full-time - Entry Level
Hybrid - Frederick, MD

About the position

The Financial Analyst at Legal & General America plays a crucial role in preparing accurate financial statements and analyses across various accounting standards. This position involves detailed financial reporting, compliance with statutory requirements, and supporting the company's financial operations through research and analysis. The role is hybrid, requiring presence in the Frederick, Maryland office for three or more days a week, and emphasizes a balance between work and life while fostering a positive workplace culture.

Responsibilities

  • Prepare timely and accurate monthly, quarterly, and annual financial statements on US statutory, International, and/or Bermuda statutory accounting bases.
  • Prepare detailed International IFRS consolidations, analysis, and reporting for the corporate holding company.
  • Conduct high-level and detailed analysis of financial statements and subcomponents, particularly against plan and forecasts.
  • Research and analyze financial operations and review findings under the applicable basis of accounting.
  • Prepare position papers for new or newly relevant United States statutory and/or International accounting standards.
  • Assist with implementation of changes in policies and procedures as a result of findings, as necessary.
  • Prepare L&G required monthly and/or ad hoc reporting, including monthly solvency reports, advanced forecasting, debt reporting, subsidiary valuation reports, and other requested reports.
  • Complete special tasks and projects as assigned.
  • Prepare monthly allocation of intercompany corporate expenses/services among entities.
  • Research aspects of accounting as requested by LGA management regarding acquisition opportunities.

Requirements

  • BS in Accounting or equivalent four-year college degree
  • 1-3 years cumulative relevant accounting experience
  • Public accounting experience preferred
  • Financial statement preparation or audit background
  • Insurance industry accounting experience preferred

Nice-to-haves

  • Communication - written & oral
  • Analytical thought process
  • Facility with software reflecting technical requirements of position

Benefits

  • Health, life, and dental insurance
  • 401K with company match up to 6%
  • Pension package
  • 15 vacation days and 10 sick days accrued bi-weekly
  • 9 paid holidays throughout the calendar year
  • Annual Incentive Plan participation with a target payment of 8% of base salary
  • Professional development support and mentorship
  • Opportunities for volunteering and community engagement
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