Accounting Manager

Vaco
$125,000.00 - $150,000.00 / yr
life insurance
United States, North Carolina, Charlotte
Mar 06, 2025
The Accounting Manager will oversee the accounting functions for our life insurance company, ensuring compliance with industry regulations and internal policies. This role will be responsible for the preparation of financial statements, managing month-end and year-end close processes, and providing financial analysis to senior management. The ideal candidate will have a strong background in public accounting, a deep understanding of the life insurance industry, and experience in leading accounting teams. Key Responsibilities: Manage and oversee the daily operations of the accounting department, ensuring accurate and timely financial reporting. Prepare, review, and analyze financial statements for compliance with GAAP and regulatory requirements specific to the life insurance industry. Supervise month-end and year-end close processes, ensuring all transactions are recorded accurately. Perform financial analysis and provide insights to senior management on financial performance, including variance analysis and balance sheet reconciliations. Ensure compliance with tax regulations, assist with tax filings, and manage statutory filings in accordance with state and federal requirements. Review and maintain records of policy liabilities, reserves, and other life insurance-related transactions. Coordinate and support the annual external audit process, providing necessary documentation and responding to auditor inquiries. Develop and implement internal controls to safeguard company assets and ensure compliance with company policies and regulatory standards. Lead and mentor junior accounting staff, providing training and development opportunities. Maintain strong relationships with external auditors, regulators, and other key stakeholders. Qualifications: Bachelor's degree in Accounting, Finance, or a related field. CPA certification preferred. 5+ years of accounting experience, with at least 2 years in public accounting and 3+ years in a managerial role within the life insurance industry. In-depth knowledge of GAAP, statutory accounting principles (SAP), and life insurance accounting practices. Experience with regulatory reporting and compliance within the life insurance industry. Strong understanding of financial analysis, budgeting, and forecasting. Proficiency with accounting software, ERP systems, and Microsoft Office Suite (Excel, Word). Excellent leadership, communication, and organizational skills. Ability to handle confidential information with discretion and professionalism. Strong attention to detail and problem-solving skills. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.