Accountant IV, Accounts Payable

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Summary:

Reporting to the Manager, Accounts Payable, this position supports both the day-to-day accounts payable operational functions as well as reporting and analysis of varying complexities. This position regularly provides insights and support to the accounts payable department’s stakeholder constituency, demonstrating a need for strong analytical/problem-solving skills and effective communication. As this role regularly supports a wide variety of customers, interpersonal and customer service skills are critical. Moreover, the ability to multi-task in a fast-paced environment while maintaining accuracy and attention to detail is critical.

Schedule & Location:

This is a full-time office-based position in Johnston, RI. Four days per week of work are required on-site, with flexibility for one remote day per week. Core on-site workdays are Monday, Wednesday, and Thursday. Employees may choose to work remotely either Tuesday or Friday, weekly. 

• Responsible for key accounts payable processes and controls (e.g., monthly balance sheet account reconciliation preparation/review, etc.)
• Ownership of expenditure approval workflow maintenance
• Review and approve vendor additions/changes and vouchers prior to payment ensuring compliance with company policies and established internal controls
• Conduct periodic monitoring to ensure that accounts payable operations are compliant with departmental policies and procedures
• Ensure timely and accurate preparation of audit deliverables for both external and internal audits
• Ensure compliance with all relevant regulations and year-end reporting requirements (i.e., sales and use tax treatment, FM’s capitalization policy, year-end financial reporting support, annual 1099/1042 reporting, etc.)
• Action inquiries and informational requests of varying complexity originating from internal stakeholders and vendors
• Participate as subject matter expert on cross-functional project teams (i.e., system upgrades/integrations, process enhancements, etc.)
• Provide support and strategic insight to the Controllers and Financial Planning & Analysis groups relative to financial reporting and budgeting questions
• Lead departmental projects and initiatives of varying complexity, as assigned
• Support maintenance and reporting of fixed assets

Required Education:

• Bachelor’s degree in Accounting, Finance, or related commensurate work experience

Highly Preferred Education:

• Professional certification (CPA, CMA)

Required Work Experience:

• 5-7 years of progressive accounting experience
• Strong knowledge of GAAP and financial reporting standards

Highly Preferred Work Experience:

• Insurance industry experience highly preferred
• Professional work experience as an Accountant in a mid-to-large corporate environment

Required Skills:

• Proficient with Microsoft Office suite (i.e., Excel, Word, PowerPoint, etc.)
• Sound understanding of accounts payable and general ledger transaction flow
• Excellent analytical and problem-solving skills
• Strong written/oral communication and presentation skills
• Detail-oriented
• Strong ownership and follow-through skills

Highly Preferred Skills:

• Knowledge of PeopleSoft

The hiring range for this position is $90,720-$130,400 annually. The final 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.