Note: The job is a remote job and is open to candidates in USA. Palomar is a specialty insurance company serving residential and commercial customers. The Financial Reporting Analyst assists with monthly and quarterly financial reporting, SEC financial statement preparation, internal controls, auditor inquiries, variance analysis, and ad-hoc financial projects.
Responsibilities
- Preparation of monthly and quarterly journal entries related to stock-based compensation, operating expense allocations, etc
- Assist in the preparation of the Company’s monthly financial reporting package and SEC financial statements (i.e. 10-Ks and 10-Qs)
- Participate in internal reporting to executive management by reporting actual financial information compared to expectations and reporting key financial trends and drivers of variances
- Preparation of footnote workbooks to support the SEC reporting process and of the SEC financial statement tie-out
- Performance of internal controls associated with the financial reporting process
- Interface with auditors, provide support and respond to auditor inquiries around financial reporting
- Assist with other SEC-related matters (e.g. 8-Ks, proxy statement, Form 4s, etc.)
- Support special projects and perform ad-hoc analyses as needed
Skills
- Bachelor's degree in accounting
- 1-3 years' experience in public accounting, a combination of public accounting and private company financial reporting experience, or experience in financial reporting for an insurance company
- Deep solid understanding of accounting and financial reporting principles
- CPA or CPA eligible/in-process
- Understanding of consolidation principles
- Experience extracting data from an accounting system (Intacct) and summarizing and analyzing this data would be a plus
- Insurance experience preferred
- Experience with SEC reporting and/or an SEC reporting tool (Active Disclosure) preferred
Benefits
- Full Suite of Medical Benefits
- Long Term Financial Incentives – STOCK!
- 401k with 3.5% Automatic Fully Vested Employer Contributions
- Competitive PTO + Holiday Program
- Lifestyle Spending Allowance
- Professional Development Assistance
- Career Exploration Opportunities
- Regular company-wide social events (even virtually!)
- Bonus Potential
- Participation in our Competitive Long-Term Incentive (LTI) Program
- Competitive annual discretionary bonus program
- Opportunity for annual long-term incentive stock grants
Company Overview