Insurance Accounting Lead
Minneapolis, MN - USA
Job Summary
We exist to help people achieve financial clarity. At Thrivent we believe money is a tool not a goal. Driven by a higher purpose at our core we are committed to providing financial advice investments insurance banking and generosity programs to help people make the most of all theyve been given.
At our core we are a membership-owned fraternal organization as well as a holistic financial services organization dedicated to serving the unique needs of our clients. We focus on their goals and priorities guiding them toward financial choices that will help them live the life they want todayand tomorrow.
Job Summary
Serves as the function Lead providing expert technical and operational leadership training and knowledge sharing for team members across Enterprise Accounting & Payable Services. Responsible for ensuring consistent timely and well-controlled processing across multiple systems while strategically managing workload allocation priorities and operational risk within a shared services environment. There are no formal people management responsibilities.
Job Responsibilities and Duties
- Oversee period-end close general ledger accounts payable and account reconciliation activities ensuring accurate complete and timely reporting; establish and enforce standards for process and control design system integrations and service level expectations while guiding resolution of complex issues to deliver scalable well-controlled and compliant operations aligned with business and regulatory requirements
- Owns the delivery and alignment of accounting projects and initiatives establishing standards for process design system implementations and integrations and audit compliance and remediation to ensure scalable well-controlled outcomes aligned with business and regulatory expectations.
- Owns the design standardization an ongoing maintenance of comprehensive process documentation control narratives and business continuity plans ensuring consistency operational excellence and audit readiness across the function.
- Oversee volumes deadlines and risk across transactional processes proactively reallocating resources to address capacity constraints system issues and shifting business demands. Identifies and communicates bottlenecks or process inhibitors to leadership ensuring timely resolution and continuity of transaction flow.
- Leads complex crossprocess accounting and control issues to determine appropriate resolution within existing policy frameworks. Ensure compliance with internal controls accounting policies and audit requirements.
- Coordinates system upgrades enhancements and maintenance initiatives by coordinating with IT and business partners shaping requirements and establishing testing expectations. Monitors progress and communicate updates to leadership on timelines scope changes and potential operational risks.
- Reviews outcomes to ensure data integrity reporting quality and alignment with business needs and drives continuous improvement in system functionality and processes.
- Coordinates shared inbox and communication practices across the function ensuring alignments with service expectations and operational priorities. Leverages insights form inquiry trends to improve processes enhance stakeholder communication and support a consistent and scalable service model.
- Coordinates and optimizes the rotation of responsibilities across the team in partnership with leadership to ensure adequate coverage and continuity of operations. Establishes expectations for cross-training monitors team capability and coverage risks and drives initiatives to build a flexible scalable and resilient accounting function.
- Drive continuous process improvements by identifying and prioritizing opportunities to streamline operations and enhance efficiency. Partners with cross-functional leadership to optimize workflows and leverage technology improving scalability strengthening control and reducing operational risk while ensuring sustainable adoption through standardization and process integration.
- Oversees the integrity completeness and timely reporting of monthly KPIs and risk indicators; validates accuracy and ensures appropriate controls in place with accountability for the review of supporting evidence analysis and remediation activities to sustain an effective control environment.
- Models Thrivents leadership competencies Model the Way Rally the Team and Deliver Outcomes.
- Supports and/or develops an environment in which Thrivent employees and colleagues are focused on continuous improvement exceptional employee engagement and an unwavering commitment to our clients. Shapes and/or supports a culture that represents the Thrivent purpose promise and values ensuring that Thrivents trust and reputation remain strong with its clients.
Job Qualifications
Required:
- Bachelors degree in Finance Accounting Mathematics Business Administration or other related course of study or equivalent work experience.
- Minimum 7 years experience in Finance Accounting or Operations.
- Strong problem-solving skills and attention to detail due to the complexity of the function.
- Strong interpersonal skills and oral and written communication skills to deal effectively with internal and external business partners whether remotely or in person.
- Experience working with auditors and regulators.
- Deep understanding of transaction processing general ledger account reconciliations and controls AP operations and ERP environments.
- Experience leading projects or initiatives requiring crossfunctional coordination and influence.
- Proven ability to manage processes end-to-end with minimal supervision.
- Experience working across multiple systems with high volumes and varied processes.
- Strong operational judgment and execution discipline.
- Demonstrated ability to coordinate workflows and lead without direct authority.
- Resourcefulness ability to think logically work independently to resolve issues and confidently present findings and recommendations.
- Experience in shared services or high-volume environments.
- Experience with different accounting platforms (e.g. PeopleSoft Concur ERPs etc.).
- Advanced technical skills in Excel.
Preferred:
- Preferred candidate will have accounting finance or business experience in a complex financial services organization or large corporate environment.
- Demonstrated success leading operational stabilization and continuous improvement initiatives.
- Organized with the ability to prioritize tasks effectively and multi-task to meet competing deadlines.
- CPA CMA MBA or progress toward certification.
- Well-developed analytical skills and tools; including Power BI and Power Query.
Additional Information
- In office presence 2-3 days a week is highly preferred but required when there are significant process changes or new system implementations. Expected travel to either Appleton WI or Minneapolis MN to facilitate team collaboration sessions.
Pay Transparency
Thrivent provides Equal Employment Opportunity (EEO) without regard to race religion color sex gender identity sexual orientation pregnancy national origin age disability marital status citizenship status military or veteran status genetic information or any other status protected by applicable local state or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation please let us know by sending an email toor calland request Human Resources.
About Company
Thrivent delivers solutions for banking, investments, insurance and giving that let you achieve what matters for you and your community.