Lincoln Financial Group - Washington, DC
posted about 2 months ago
As a Specialist in Financial Reporting (Statutory) 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 managing routine assignments and projects. You will be responsible for ensuring that financial statements and supporting schedules are prepared accurately and timely, adhering to the established accounting and reporting calendars. In this role, you will conduct financial analysis on both consolidated and business unit results, providing ongoing support to business unit teams and various partners as needed. Your participation in accounting close activities will include preparing journal entries and performing account reconciliations. 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 these trends into current and future solutions. You will also 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 regulators. This includes the preparation, review, and filing of quarterly and annual NAIC financial statements and other regulatory filings. Your role will involve promoting and enhancing organizational initiatives by positively influencing change management and departmental initiatives. Additionally, you will identify and communicate process improvements to management that can reduce workloads or improve quality in your assigned areas of responsibility. Overall, this position requires a proactive approach to routine assignments and projects, with a strong emphasis on leveraging your knowledge of statutory financial reporting to contribute to the success of the organization.