FP&A Supervisor

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 FP&A 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. They assist senior management with the supervision of financial reporting activities including preparation of financial statements and day to day transactional accounting. Maintain current knowledge of accounting standards and communicates updates to management, department staff, Berkshire Corporate accounting, and external auditors / examiners. Coordinate assigned audit activities and inquiries with company personnel and external auditors and regulators.

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

What will you do?

• Manage a 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. Support and provide oversight for accountants engaged in financial reporting tasks and internal control compliance (such as but not limited to quarterly preparation of financial statements, supporting work papers and reconciliations for legal entities which include property casualty and life insurance companies including foreign branches and non-insurance companies). Mentor and assist in the development of other Finance Department accountants and personnel. Collaborate with Finance leadership to provide recommendations for departmental efficiency and effectiveness initiatives. May supervise intern(s) and assign projects and tasks to intern(s).
• Reviews federal and state GAAP and STAT quarterly income tax provisions required for the assigned companies. Ensures temporary tax differences and related deferred tax balances and workpapers are prepared and correct.
• Reviews and approves allocations of expenses to various separate insurance segments and companies. Oversees processing of cash settlements related to reinsurance contracts, cash management for certain underwriting segments, intercompany contracts and billings, and other operational activities.
• Designs and implements procedures to identify and address variances. Interprets various forms of prepared variance analysis. Ensures unexpected variances are explained and errors are mitigated.
• 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?

Someone who would excel is this role would have / be able to

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.