Specialist, STAT Financial Reporting

$53,500 - $92,500/Yr

Lincoln Financial Group - Atlanta, GA

Full-time - Entry Level

Remote - Atlanta, GA

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

As a Specialist in Statutory Financial Reporting at Lincoln Financial Group, you will play a crucial role in preparing, analyzing, and reporting on financial statements in accordance with statutory accounting principles and standards. This position requires a strong understanding of financial reporting responsibilities and the ability to deliver on routine assignments and projects effectively. You will be expected to leverage your knowledge in statutory financial reporting to ensure compliance with accounting principles and regulatory requirements, while also contributing to the overall financial health of the organization. Your responsibilities will include preparing and analyzing financial statements and supporting schedules according to established accounting and reporting calendars. You will conduct financial analysis on consolidated and business unit results, providing ongoing support to business unit teams and various partners as needed. Participation in accounting close activities, including the preparation of journal entries and account reconciliations, will also be part of your role. Staying informed about current and emerging developments in your areas of responsibility is essential, as you will need to assess their impact and collaborate with management to incorporate new trends into current and future solutions. Additionally, you will identify and research reporting issues that arise from the application of accounting principles and standards, as well as the rules and regulations set forth by the NAIC and other regulators. Your role will involve the preparation, review, and filing of quarterly and annual NAIC financial statements and other regulatory filings. You will also be expected to promote and enhance organizational initiatives by positively influencing and supporting change management within your assigned areas of responsibility. Identifying and communicating process improvements to management that can reduce workloads or improve quality will be a key aspect of your job. Overall, you will be responsible for delivering on routine assignments while applying your knowledge of statutory financial reporting effectively.

Responsibilities

• Prepare, analyze and report on financial statements and supporting schedules according to the accounting and reporting calendars.
• Conduct financial analysis on consolidated and business unit results, providing ongoing support for the business unit teams and various partners as needed.
• Participate in accounting close activities, including the preparation of journal entries and account reconciliations.
• Maintain knowledge on current and emerging developments/trends for assigned areas of responsibility, assess the impact, and collaborate with management to incorporate new trends and developments in current and future solutions.
• Identify and research reporting issues arising from application of accounting principles and standards and rules and regulations of the NAIC and other regulators and assess their applicability.
• Preparation, review and filing of quarterly and annual NAIC financial statements and other regulatory filings.
• Promote and enhance organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned areas of responsibility.
• Identify and communicate to management process improvements that reduce workloads or improve quality for assigned areas of responsibility.
• Perform and deliver on routine assignments/projects while simultaneously leveraging and applying knowledge of assigned areas of responsibility.
• Provide support with the coordination of SOX, MAR and regulatory testing to comply with key controls developed for the group.
• Preparation and/or review of internal management reporting.

Requirements

• 4 Year/Bachelor's degree or equivalent work experience, preferably in Accounting.
• 1 - 3+ Years of experience in Financial Analysis or Reporting that aligns with the specific responsibilities for this position.
• CPA preferred, not required.
• Confident, comfortable communicator with strong written and verbal communication skills.
• Ability to work with others in a team environment.
• Ability to identify and recommend process improvements.
• Demonstrates a sense of urgency and ability to meet deadlines.
• Demonstrate excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
• Ability to use sound judgment and discretion regarding confidential information.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Nice-to-haves

• Prior experience in insurance/financial services.
• Experience working with Hyperion Essbase, SAP Business Objects, PeopleSoft, Workiva, Sovos Statutory Reporting.

Benefits

• Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.
• Leadership development and virtual training opportunities.
• PTO/parental leave.
• Competitive 401K and employee benefits.
• Free financial counseling, health coaching and employee assistance program.
• Tuition assistance program.
• A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations.
• Effective productivity/technology tools and training.