Accounting Supervisor

Job Description

Job Description

Summary/Objective

The Accounting Supervisor oversees day‑to‑day accounting operations to ensure accurate, timely financial reporting and compliance with insurance industry regulatory requirements. This role supports the Controller in managing general ledger activities, financial statements, audits, statutory reporting, and internal controls. The Accounting Supervisor plays a key leadership role in mentoring accounting staff and driving continuous improvement within the Finance department.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Provide a workers’ compensation experience that ensures peace of mind for all by listening with empathy, acting with compassion, doing the right thing, and succeeding through collaboration.
• Maintain an engaging work environment by acting and communicating in a manner that cultivates positivity and builds relationships with brokers, policyholders, customers, vendors, co-workers, and management.
• Oversee daily accounting activities including accounts payable and bank transactions.
• Approve journal entries and review reconciliations.
• Maintain general ledger chart of accounts and prepare trial balances.
• Prepare, analyze, and review quarterly and year‑end financial statements.
• Ensure compliance with GAAP, statutory accounting principles (SAP), and applicable insurance regulations.
• Support timely completion of all statutory reporting requirements, including Massachusetts Division of Insurance filings and Workers’ Compensation specific financial reports.
• Maintain strong internal controls to safeguard company assets.
• Assist with the coordination and preparation of year‑end audit materials.
• Provide direction, manage, coach, and develop assigned staff. Provide timely performance reviews based on Company service standards.
• Define and communicate department and organizational expectations as directed by the Controller and the Chief Financial Officer.
• Identify ways to improve department efficiencies and make implementation recommendations to the Controller.
• Assist, when needed, in Finance Department related projects.
• Adhere to and keep current of all company compliance and security policies and procedures.
• Work with other departments to meet company standards.

The above is a description of the ordinary duties of the position. It should be expected that from time-to-time other duties, both related and unrelated to the above, may be assigned and required

Supervisory Responsibility

The Accounting Supervisor oversees the day-to-day operations of their team to ensure the daily work gets done, while providing leadership and direction to their team. Focusing on improving team dynamics, ensuring collaboration, helping team members meet both individual and collective goals, and resolving immediate issues that arise. The Supervisor also plays a crucial role in employee development and job satisfaction.

Work Environment

This job typically operates in a professional office environment with occasional exposure to light noise.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee will need to operate a computer and other office productivity machinery, including but not limited to a phone, calculator, copy machine, and computer printer. This position frequently communicates with regulatory agencies, external auditors, co-workers, and others, and must be able to exchange accurate information in these situations. The employee will need to occasionally move about inside the office and occasionally lift up to 15 pounds.

Position Type/Expected Hours of Work

This is a full-time position. The typical work week is 35 hours. Typical office hours are 8:00am – 4:00pm. However, this position may require additional hours to meet required deadlines.

Travel

No travel is expected for this position.

Required Education and Experience

• Bachelor’s degree in accounting, finance, or related field is required.
• A minimum of 5 years of progressive accounting experience, preferably within insurance, financial services, or a regulated industry.
• Strong knowledge of GAAP; exposure to statutory accounting is a plus.
• Demonstrated experience with month‑end close, account reconciliations, and financial reporting.
• Prior supervisory or team lead experience.
• High proficiency with accounting systems and MS Excel.
• Experience in property & casualty or workers’ compensation insurance is preferred.

This job description is subject to change at any time.

Americans With Disabilities Act

Associated Insurance Management, LLC (AIM, LLC) complies with all aspects of the Americans with Disabilities Act (ADA) and state disability laws. This means that we will not discriminate against qualified individuals with a disability in any phase of the employment relationship including application for employment, hiring, promotion and /or advancement opportunities, termination, compensation, training, and any other conditions or privileges of employment.