Senior GAAP Accountant – Financial Reporting & Consolidations, Taxes

Job title: Senior GAAP Accountant – Financial Reporting & Consolidations, Taxes

Company: Preferred Risk Insurance


Job description: We are seeking a highly skilled and detail-oriented Senior GAAP Accountant to join our accounting team. The ideal candidate will be responsible for the preparation and analysis of accurate financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP), with a strong emphasis on consolidation accounting across multiple entities. The person will also be responsible for tax accounting and tax planning strategies.DUTIES & RESPONSIBILITIES:

• Prepare monthly, quarterly, and annual GAAP-compliant financial statements, including balance sheets, income statements, and cash flow statements
• Perform consolidation accounting across multiple subsidiaries, ensuring accurate elimination of intercompany transactions and equity adjustments
• Coordinate with the accounting team to gather and reconcile financial data for consolidation
• Maintain and improve consolidation processes and reporting tools to ensure efficiency, accuracy, and compliance.
• Assist in the preparation of external audit materials and work with auditors during audit cycles
• Ensure timely month-end and year-end close processes
• Analyze and interpret financial data to provide actionable insights and support strategic decision-making.
• Stay current with GAAP updates and pronouncements to ensure continued compliance
• Support implementation of new accounting standards or system enhancements
• Oversee the accounting for income tax, including the preparation of tax provisions, deferred tax calculations, and related financial statement disclosures
• Develop and implement tax planning strategies to minimize tax liabilities and maximize tax benefits, considering potential tax implications of business decisions
• Collaborate cross-functionally with finance and leadership teams to ensure transparency and accuracy in reporting

QUALIFICATIONS REQUIRED:

• Bachelor’s degree in Accounting, Finance, or related field (CPA preferred)
• 5+ years of accounting experience, with at least 2 years in a role focused on financial reporting and consolidations
• Deep understanding of U.S. GAAP, with proven ability to interpret and apply accounting standards
• Experience with multi-entity environments and consolidation processes
• Strong analytical and problem-solving skills
• Proficiency with accounting software (e.g., NetSuite, Oracle, SAP, Sage100) and Excel
• Excellent attention to detail and organizational skills
• Strong verbal and written communication abilities

Preferred:

• CPA certification
• Familiarity with internal control frameworks
• Experience in fast-paced or high-growth environment

Preferred Risk Insurance Services provides a competitive benefits package to all full- time employees. Following are some of the perks Preferred Risk Insurance Services employees receive:

• Competitive Salaries
• Commitment to your Training & Development
• Medical, Dental and Vision Reimbursement
• Short Term Disability/Long Term Disability
• Life Insurance
• Flexible Spending Account
• Telemedicine Benefit
• 401(k) with a generous company match
• Paid Time Off and Paid Holidays
• Tuition Reimbursement
• Wellness Program
• Fun company sponsored events
• And so much more!

Estimated Compensation Range: $80,000/ann-$120,000 per year.*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location. In addition, starting salary may vary by position depending on whether the position is in-office, hybrid or remote.Job Posted by ApplicantPro

Expected salary: $120000 per year

Location: Bedford Park, IL

Job date: Sun, 25 May 2025 22:31:24 GMT

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