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National Indemnity Company

Financial Reporting Supervisor at National Indemnity Company

National Indemnity Company Omaha, Nebraska

Job Description

Company:

BHHIC Berkshire Hathaway Homestate Insurance Company


As a member of the Berkshire Hathaway group of insurance companies, we offer outstanding opportunities for professionals interested in working with a successful company. We offer unparalleled financial strength, stability and "large company" benefits, in addition to an exciting, friendly, "small company" atmosphere.

The Financial Reporting Supervisor, researches, analyzes and interprets statutory and GAAP accounting and financial reporting issues and unique transactions and recommends solutions or conclusions to senior Finance Department management. Assists senior management with the supervision of financial reporting activities including preparation of financial statements and day to day transactional accounting. Maintains current knowledge of accounting standards and communicates updates to management, department staff, Berkshire Corporate accounting, and external auditors/examiners. Coordinates assigned audit activities and inquiries with company personnel and external auditors and regulators.

This position will be with Berkshire Hathaway Homestate Insurance Company in Omaha, NE, and hybrid up to 50% at management discretion. This position is NOT eligible for employer visa sponsorship.

What will you do?

  • Manages team whose overall GAAP financial reporting responsibilities include developing and maintaining technical expertise in GAAP reporting standards, researching and analyzing accounting matters and review responsibility for the GAAP reporting packages required by Berkshire Hathaway in support of its consolidated reporting to the SEC.
  • Coordinates, completes, and maintains various audits, and recommends changes in internal control procedures.
  • Manage and develop accountants at various levels in the performance of duties of this position including identifying and interviewing job candidates and initiating and recommending personnel actions such as hiring, promotions, transfers, discharges, disciplinary measures, salary adjustments, and staffing levels.
  • Reviews federal and state GAAP and STAT quarterly income tax provisions required for the assigned companies.
  • Reviews and approves allocations of expenses to various separate insurance segments and companies.
  • Designs and implements procedures to identify and address variances.
  • Reviews, analyzes, and interprets reinsurance contracts and other reinsurance related information and confirms interpretation and depiction against Statutory and GAAP accounting and financial reporting standards.

What are we looking for?

  • Bachelor's Degree in related field or equivalent work experience required. Post graduate degree such as a Master's or Equivalent work experience. preferred.
  • Two or more years work experience.
  • Certified Public Accountant (CPA) preferred.
  • General accounting principles
  • Personal computer, related software, and basic applications such as Excel and Word
  • Financial reporting principles

Who would excel in this role?

  • Someone who has excellent oral and written communication
  • Has a desire to provide excellent customer service
  • Strong ability to problem solving
  • Excellent mathematical and financial analysis
  • Someone who will maintain strict confidentiality
  • Has exhibited strong supervisory skills including motivation, planning, training, delegation and prioritization
  • Works well with others and independently
  • Works with detail with accuracy
  • Identifies and solves problems
  • Compiles, reviews, and analyzes financial information
  • Willing to work substantial overtime during seasonal demands
  • Responds well to multiple simultaneous priorities

A comprehensive benefits package is available for regular, full-time employees, including health, vision, dental, life and disability insurance as well as a 401(k) with company match. We also proudly offer 100% upfront tuition reimbursement to regular, full-time employees, to further your education. Our Omaha office boasts a complimentary state-of-the-art, on-site gym, a robust wellness program, low-cost downtown parking, and numerous volunteer and networking opportunities with other emerging professionals.

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