This position is responsible for monthly accounting and insurance related activities within the Risk Management Department including: perform monthly insurance related transaction and close activities, provide detailed analysis of insurance data, trends and ratios; prepare detailed insurance related reports and interpretation of such information; initial drafting of insurance narratives and memos; maintenance and compliance of insurance related policies and procedures, and internal control related activities. The position will also be responsible for liaising with others within the Risk Management and other departments on insurance related accounting matters, and the administration of the insurance claims system.
Primary Duties and Responsibilities:
Perform monthly insurance accounting activities including financial close entries and account reconciliations
Monitor insurance accounts and reconcile claims activities to the general ledger
Perform detailed analysis of various insurance data, including trends and ratio reporting
Prepare insurance related reports with the ability to provide interpretation, and present to upper management
Maintain and monitor of insurance policies and procedures
Monitor and analyze monthly claim variances over multiple coverage polices
Develop communications related to insurance accounting with Risk Management department
Perform internal control related activities, including compliance with SOX 404 requirements
Maintain insurance premium database with procurement and coding responsibilities
Implement regular communications with Risk Management team on insurance related activities and compliance
Liaise with the Controllers Department on insurance accounting and other related activities
Execute administrative responsibilities related to insurance claims system, including weekly payment processing, monitoring of coding and other entries recorded by the Risk Management department
Assist with the execution of other special projects as necessary
Qualifications, Education and Experience:
Bachelor’s degree in Accounting or Finance, CPA with experience in a public accounting firm is a plus
At least 3-5 years of financial business experience, including financial close and reporting expertise
Knowledge of insurance related accounting considered a bonus
Knowledge of internal controls, with an ability to understand policies and procedures
Hands-on experience with financial operating and reporting systems (Oracle is preferred)
Extensive computer skills, especially Microsoft Office Suite (primarily Excel, Word, PowerPoint); needs to have extensive experience with pivot-tables and ability to perform detailed data analysis
Strong analytical and organizational skills;
Strong verbal and written communication skills.
Ability to work effectively independently and as part of a team in a fast moving environment
Ability to multi-task, work under pressure and meet ongoing deadlines
Matson is an Equal Opportunity Employer
Matson is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, AIDS/HIV status, gender identity, gender expression, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.
Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, including, but not limited to, the San Francisco and Los Angeles Fair Chance Ordinances.
Internal Number: Req 851
Matson, Inc. is a publicly traded company on the New York Stock Exchange trading under the symbol MATX. Founded in 1882, Matson is one of the leading U.S. carriers in the Pacific and provides a vital lifeline to the island economies of Hawaii, Alaska, Guam and Micronesia as well as select South Pacific islands and operates a premium, expedited service from China to Southern California. Matson is the parent company of Matson Logistics, which was established in 1987 and extends the geographic reach of Matson’s transportation network throughout the continental U.S with integrated, asset-light logistics services including rail intermodal, highway brokerage and warehousing. Matson is also the parent company of Matson Terminals, which was established in 1921 and provides container stevedoring, terminal and equipment maintenance services for Matson in Hawaii.