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Plymouth Rock Assurance Sr Accountant (Treasury) in Boston, Massachusetts

Plymouth Rock has been awarded the #1 Large Employer in New Jersey in 2021. We would love for you to join our award winning team!

The Senior Accountant, Treasury Operations is responsible for day to day activity relating to treasury operations, cash accounting, cash management and investment accounting. The Senior Accountant will support the Treasury Manager by assisting in preparation of cash forecasts for the enterprise, monitoring daily cash inflows and outflows in the Treasury Management System (TMS) and preparing cash transfers in the TMS. In addition, this position is responsible for completing the monthly investment accounting close, including posting investment journal entries to the general ledger, reconciling balances to the Investment Accounting system and preparation of STAT and GAAP schedules and footnotes.

This is a key role within the organization. This individual will have direct visibility with members of the Enterprise Finance Team, including the Chief Financial Officer, and the Company’s Investment Advisor, SRB. The applicant must be highly motivated and have the ability to work independently and have a strong working knowledge of Investment Accounting standards for GAAP, STAT and Tax accounting. Prior experience with Clearwater Analytics is highly preferred. The applicant for this position must be able to research and implement best practices across all disciplines of the position. The applicant will be relied upon for continuous improvement towards a goal of operational excellence as a provider of service to internal and external customers.

Essential Functions and Responsibilities

  • Works independently with judgment to communicate up when appropriate

  • Represents Finance in meetings with the business

  • Solid understanding of how each Finance function works

  • Ability to explain financial results and drivers to financial statement users

  • Participate in proactive team efforts to achieve departmental and company goals

  • Prepare and review investment accounting journal entries and ledger account reconciliations

  • Prepare and review investment schedules and footnotes for GAAP and STAT financials

  • Use the Company’s Treasury Management system and various banking portals

  • Prepare daily Treasury payments

  • Monitor daily cash balances and funding needs for the Enterprise

  • Enterprise cash forecasting and review

  • Assist with the administration and accounting for the Company’s Intercompany Lending and Cash Pooling program

  • Assist in the preparation and analysis of bank fee budgets and forecasts

  • Participate in the implementation of current and future Treasury and Finance systems

  • Perform other duties to ensure team goals are met

Qualifications and Education

  • Bachelor's degree (B.A.) in Accounting from four-year college or university; and five to ten years related experience

  • Insurance industry experience is highly preferred

  • Prior experience with Clearwater Analytics.

  • Strong working knowledge of general ledger systems; preferably Workday.

  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

  • Proficient personal computer skills including MS Excel, MS Access, MS Word electronic mail, record keeping, routine database activity, etc.

About the Company

The Plymouth Rock Company and its affiliated group of companies write and manage almost $2.0 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs morethan1,900peopleandisheadquarteredinBoston,Massachusetts. Plymouth Rock’s four insurance operations each hold an A.M. Best rating of “A-/Excellent”.

We believe that every person is entitled to equal employment opportunities. We do not discriminate against any employee or qualified applicant for employment on the basis of age, race, color, religion, national origin, ancestry, disability, gender, sexual orientation, gender identity or expression or genetic information. In addition, the state in which you work may protect certain other characteristics. We are committed to treating employees fairly and with dignity and respect, and we unconditionally prohibit discrimination in hiring, terminating, promoting, or compensating any employee on the basis of a qualified individual’s membership in any of these protected classes

Job ID: 2022-3541

External Company Name: Plymouth Rock Assurance

External Company URL:

Street: 695 Atlantic Ave