Accounting Supervisor
Kansas City, Missouri, United States of America
Human Resources
24026V
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Business unit
Lockton Management, LLC
Schedule
Full-time
Job type
Standard
Workplace
Hybrid
Your Responsibilities
Responsible for the monthly, quarterly, and annual analysis of the financial statements and other supplemental reports. Ensures all analysis and reporting are accurate and prepared in compliance with Generally Accepted Accounting Principles (GAAP) and Lockton’s policies and procedures. Supervises accounting associates in daily operations of one or more accounting functions, including general ledger and revenue. Establishes and implements productivity and quality standards. Makes day-to-day decisions for the operational business units.
Responsibilities:
• Effectively supervise and provide leadership while promoting a positive team environment.
• Prepare analytical reviews of the financial results, including a monthly cash flow analysis and corporate profit analysis.
• Prepare/review monthly supplemental financial reports.
• Review monthly budget variance reports and narrative analysis and ensure the ledger balances are supported by adequate documentation.
• Review production reconciliation and report monthly prior to distribution.
• Communicate financial results to US Finance Team and/or Series COO.
• Review the balance sheet monthly to ensure reconciling items are resolved on a timely basis and are supported by adequate documentation.
• Ensure new revenue transactions are appropriately documented and executed.
• Review of monthly Producer commission statements for any discrepancies.
• Review and guidance of monthly tasks including broker payments, finder’s fees, journal entries, co-produced revenue/expenses, and balance sheets.
• Research and resolve Producer questions.
• Onboard and educate new Producers and ensure compliance with their member agreements.
• Review the distribution of draw, excess commission, and tax distributions made to Producers.
• Review and ensure compliance with any terminated Producer agreements and effectively partner with the legal team for terminated Producer requests.
• Review quarterly and year-end tax workbooks.
• Review annual audit schedules.
• Review workpapers for the annual budgeting process.
• Partner with US Finance on complex GAAP and operating issues, financial reporting needs and forecasting/budgeting requests.
• Maintain a thorough knowledge of all functional areas and accounting processes with the ability to communicate with management and finance.
• Ensure that all deadlines are set and met and quality and service standards are maintained.
• Ensure compliance with all accounting department policies and procedures.
• Ensures compliance with revenue recognition policies.
• Provide direction and development for Seniors.
• Identify areas for process improvements.
• Assist with the implementation of new accounting policies and procedures.
• Lead project teams focused on accounting or organizational initiatives.
Qualifications
• Bachelor’s degree in Accounting or a bachelor’s degree in Finance with relevant accounting experience.
• 4-6 years of relevant accounting experience.
• Ability to communicate clearly and effectively with people in financial and non-financial roles, including Executives.
• Ability to think critically and challenge processes.
• Ability to convey a professional and positive image and attitude, and foster a team-based environment.
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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