Accounting Specialist - Corporate Finance

at Lincoln Financial Group in Schaumburg, Illinois, United States

Job Description

Alternate Locations: Work from Home; Atlanta, GA (Georgia); Austin, TX (Texas); Bakersfield, CA (California); Baltimore, MD (Maryland); Baton Rouge, LA (Louisiana); Birmingham, AL (Alabama); Boise, ID (Idaho); Boston, MA (Massachusetts); Buffalo, NY (New York); Canonsburg, PA (Pennsylvania); Charlotte, NC (North Carolina); Chicago, IL (Illinois); Cincinnati, OH (Ohio); Clearwater, FL (Florida); Cleveland, OH (Ohio); Columbia, SC (South Carolina); Columbus, OH (Ohio); Concord, NH (New Hampshire); Dallas, TX (Texas); Deerfield Beach, FL (Florida); Denver, CO (Colorado); Detroit, MI (Michigan); Dover, NH (New Hampshire); Durham, NC (North Carolina); Edina, MN (Minnesota); Edison, NJ (New Jersey); El Paso, TX (Texas); Ellicott City, MD (Maryland); Fayetteville, SC (South Carolina); Florence, SC (South Carolina); Fort Lauderdale, FL (Florida); Fort Wayne, IN (Indiana); Fort Worth, TX (Texas); Gainsville, FL (Florida); Glen Allen, VA (Virginia); Glendale, CA (California); Greensboro, NC (North Carolina); Greenwood Village, CO (Colorado); Hartford, CT (Connecticut); Houston, TX (Texas); Huntsville, AL (Alabama); Indianapolis, IN (Indiana); Irvine, CA (California); Jacksonville, FL (Florida); Johnson City, TN (Tennessee); Kansas City, KS (Kansas); Kansas City, MO (Missouri); La Jolla, CA (California); Lexington, KY (Kentucky); Los Angeles, CA (California); Louisville, KY (Kentucky); Lutherville, MD (Maryland); Madison, WI (Wisconsin); Memphis, TN (Tennessee); Miami, FL (Florida); Milwaukee, WI (Wisconsin); Minneapolis, MN (Minnesota); Nashville, TN (Tennessee); New Braunfels, TX (Texas); New York, NY (New York); None; Norwood, OH (Ohio); Omaha, NE (Nebraska); Orlando, FL (Florida); Palm Desert, CA (California); Paramus, NJ (New Jersey); Parsippany, NJ (New Jersey); Philadelphia, PA (Pennsylvania); Phoenix, AZ (Arizona); Pittsburgh, PA (Pennsylvania); Plano, TX (Texas); Plymouth Meeting, PA (Pennsylvania); Portland, ME (Maine); Portland, OR (Oregon); Provo-Orem, UT (Utah); Radnor, PA (Pennsylvania); Raleigh, NC (North Carolina); Richmond, VA (Virginia); Rochester, NY (New York); Rockville, MD (Maryland); Rolling Meadows, IL (Illinois); Rye Brook, NY (New York); Sacramento, CA (California); Salt Lake City, UT (Utah); San Antonio, TX (Texas); San Antonio, TX (Texas); San Diego, CA (California); San Francisco, CA (California); San Ramon, CA (California); Schaumburg, IL (Illinois); Scottsdale, AZ (Arizona); Seattle, WA (Washington); Southfield, MI (Michigan); St. Louis, MO (Missouri); St. Petersburg, FL (Florida); Syosset, NY (New York); Tampa, FL (Florida); Toledo, OH (Ohio); Tucson, AZ (Arizona); Tupelo, MS (Mississippi); US All Regions; US Midwest; US Northeast; US Southeast; US Southwest; US West; Vienna, VA (Virginia); Virginia Beach, VA (Virginia); Walnut Creek, CA (California); Washington, DC (District of Columbia); Westlake Village, CA (California); White Plains, NY (New York); Windsor, CT (Connecticut); Woodmere, OH (Ohio)

Work Arrangement:

Remote : Work at home employee residing outside of a commutable distance to an office location.

Relocation assistance: is not available for this opportunity.

Requisition #: 73375

The Role at a Glance

As the Accounting Specialist, you will be responsible for performing monthly and quarterly accounting processes and preparation of related deliverables. This includes Journal Entry preparation, account reconciliations, process improvements and research as needed. This role will be expected to perform and deliver on routine assignments while simultaneously working on ad hoc projects leveraging and applying knowledge of Accounting responsibility. You will prepare, record, analyze and report standard accounting transactions and ensure the integrity of accounting records for completeness, accuracy, and compliance with accepted accounting policies and principles. In this role, you will also be expected to execute process improvements as identified and be able to work with minimal supervision.

What you’ll be doing

- Prepares, records, analyzes, and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles, and compliance with internal controls and SOX.

- Promotes and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.

- Identifies and communicates to management process improvements that reduce workloads or improve quality.

- Performs standard accounting activities, including preparing, classifying, recording, maintaining, and reconciling the General Ledger accounts, sub-ledgers and subsystems in compliance with accepted accounting policies and principles.

- Recording and maintaining records to support monthly and quarterly accruals, prepaids and other accounting entries as necessary and analyze monthly expenses for variances.

- Supervise and review integrated team members work through review and posting of journal entries, review of reconciliations, and all other areas of assigned responsibilities.

- Determines classifications and records financial transactions applying accounting technique, standard practices and accepted accounting policies and principles.

- Works with management and other internal team members on fixed asset capitalization activities to ensure assets and depreciation are completely and accurately recorded in the General Ledger.

- Works with business partners across the Company to implement accounting solutions to maintain budgetary compliance.

- Identifies, researches and resolves discrepancies or out of balance situations amongst assigned General Ledger Accounts.

- Maintains a thorough understanding of the business operations, financial reporting and the General Ledger structure.

- Assist with the preparation of quarterly and year end work papers to support the Company’s reporting requirements and provides internal and external audit support as needed.

- Ad hoc analysis in support of management.

What we’re looking for

- 4 Year/Bachelor’s degree or equivalent work experience (4 years of experience in lieu of Bachelor’s)

- 2+ Years of experience in accounting that directly aligns with the specific responsibilities for this position

- CPA strongly preferred, not required

- Apply concepts such as percentages, ratios, and proportions to practical solutions.

- Works with mathematical concepts such as averages and/or variances.

- Evaluate trends in data or information.

- Ability to analyze information and evaluate the implications of a course of action or solution.

- Demonstrated strong relationship management skills with internal clients (e.g. management, peers and colleagues); proven ability to develop collaborative approaches.

- Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.

- Strong project management skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.

- Confident, comfortable communicator with strong written and verbal communication skills.

- Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Application Deadline

Applications for this position will be accepted through August 25, 2024, subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique pers