Financial Analyst I

Job Description:

Overview

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

Summary

This position plays an important role in supporting Accounts Payable operations, financial controls, reporting, compliance, and special projects. The role performs accounting and analytical activities of varying complexity, identifies and resolves operational and accounting issues, and provides guidance and meaningful insight to stakeholders across the organization.

The position requires knowledge of accounting principles, Accounts Payable and general ledger processes, internal controls, reporting, and the maintenance and administration of expenditure approval workflows. The role is expected to manage competing priorities, exercise sound judgment, and maintain a high degree of accuracy and attention to detail. Strong communication, interpersonal, and customer service skills are critical to effectively supporting internal and external stakeholders. The position works independently within established processes and receives a moderate level of guidance and direction.

Schedule and Location

This position is based in Johnston, RI and follows an office-based work model. Flexibility for remote work one day per week, either Tuesdays or Fridays, based on business needs.

Responsibilities

• Maintains expenditure approval workflows by reviewing organizational and authorization changes and helping ensure workflows remain aligned with established requirements
• Prepares various reporting, compliance, and ad-hoc requests
• Main participant in 1099 reporting
• Research and resolves accounting, payment, vendor, and reporting inquiries from internal stakeholders and external vendors
• Performs periodic monitoring of Accounts Payable activities, identifies exceptions, and supports corrective actions and control improvements
• Supports key Accounts Payable accounting processes and controls, including review of balance sheet account reconciliations and resolution of reconciling items
• Reviews and approves vendor additions and changes, vouchers, and journal vouchers for appropriate support, accounting treatment, and compliance with established controls
• Supports cross-functional initiatives as subject matter expert, system upgrades, integrations, testing, process changes, and departmental improvement projects
• Supports fixed asset accounting, reporting, documentation, training, ad-hoc analyses, and other assignments as needed

Qualifications:

Required Education

• Bachelors Degree in Finance, Accounting, or a related field (a combination of work experience, education and skills will be considered in lieu of a degree)

Highly Preferred Education

• CPA, CMA, or another relevant professional certification

Required Work Experience

• 3+ years accounting experience preferably including Accounts Payable, general ledger accounting, financial reporting, account reconciliations, internal controls, audit support, or related accounting operations

Required Skills

• Knowledge of GAAP and general accounting principles and practices
• Understanding of Accounts Payable and general ledger processes and their impact on financial reporting
• Experience with account reconciliations, internal controls, audit support, and accounting research
• Analytical thinking, sound judgment, and problem-solving skills
• Ability to independently research and resolve accounting and operational issues
• Strong written and verbal communication and customer service skills
• Ability to manage multiple priorities in a dynamic environment while maintaining accuracy and follow-through
• Proficiency with Microsoft Office, particularly Excel
• Demonstrated ownership, initiative, professional judgment, and accountability

Highly Preferred Skills

• PeopleSoft or comparable ERP experience preferred

The final job title, grade, and salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.