Lincoln Financial Group - Salt Lake City, UT
posted about 2 months ago
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 is designed for individuals who are eager to leverage their knowledge in financial reporting while contributing to the overall success of the organization. You will be responsible for routine assignments and projects that require a keen understanding of financial reporting and accounting principles. Your work will directly impact the accuracy and compliance of financial statements, which are essential for regulatory filings and internal management reporting. In this role, you will conduct financial analysis on both consolidated and business unit results, providing ongoing support to various business unit teams and partners. You will participate in accounting close activities, which include preparing journal entries and performing account reconciliations. Staying updated on current and emerging developments in financial reporting will be essential, as you will need to assess their impact and collaborate with management to incorporate these trends into your work. Additionally, you will be tasked with identifying and researching 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 regulatory bodies. Your responsibilities will also include the preparation, review, and filing of quarterly and annual NAIC financial statements and other regulatory filings. You will have the opportunity to promote and enhance organizational initiatives by supporting change management and departmental initiatives within your areas of responsibility. Your role will require you to identify and communicate process improvements that can reduce workloads or enhance quality in your assigned areas. You will also provide support for the coordination of SOX, MAR, and regulatory testing to ensure compliance with key controls developed for the group. Overall, this position offers a dynamic work environment where you can apply your financial expertise while contributing to the success of Lincoln Financial Group.