Staff Accountant
Job Opportunity at IFG Companies

Posted on Jun 5

Location: Chicago, IL
Job Type: Full Time
Job ID: W4161079


  • Review of footnotes to the GAAP and stat financial statements including

  • Preparation of financial statement footnotes and support

  • Review journal entries prepared by staff accountants and posting those to the general ledger

  • Working with Finance systems to develop reports that eliminate manual feeds of data.

  • Reviewing and writing review comments to improve documentation and support of financial statements.

  • Assisting the financial reporting manager in researching accounting issues including documenting the relevant background, analyzing the issues at hand, analyzing which guidance is relevant, applying the applicable guidance to the facts of the situation, and drafting a proposed conclusion for the accounting manager and controller to consider.

  • Assisting the financial reporting manager in the testing of internal controls

  • Carrying out and documenting internal controls over financial reporting.


  • Preparation of footnotes to the GAAP and stat financial statements including

  • Preparation of journal entries with assistance and oversight from the Qualified Accounting Senior

  • Desire to learn and develop into a high-performing accountant by obtaining knowledge through hands-on training

  • Ability to learn from senior accountants, learn from mistakes, accept feedback, clear review points, and improve upon financial reporting skills

  • If CPA exam has not been passed, then passing the exam would be required within two years


  • Ability to learn new tools including HFM, Oracle Fusion or other tools
  • Ability to learn financial statement assertions and building support for auditors
  • Desire and ability to learn internal controls including: control walk-throughs, designing internal controls, and testing the design and operating effectiveness of controls
  • Ability to work beyond a normal work day schedule as and when necessary to hit financial reporting deadlines
  • Strong desire to increase knowledge and expertise both as an accountant and a professional in the insurance industry
  • Ability to learn how to research and document accounting policies, draft memos, explain those positions in plain English to non-accountants, and assist the controller with building a consensus with senior executives and the external auditors

  • Proficiency with Microsoft programs such as Outlook, Excel, PowerPoint, Word or other data based applications

  • The ability to work independently or in a team structured environment to meet common goals, objectives and deadlines

  • Demonstrate strong attention to detail and commitment to project ownership, accuracy and completion on a timely basis

  • Strong organizational and project management skills

  • Ability to collaborate with all levels of staff and management

  • Ability to organize, prioritize and timely manage large volumes of work and meet deadlines with minimal supervision



  • Physical demands are considered to be that of an office environment, climate controlled, with minimal physical exertion.This position requires prolonged sitting, ability to utilize a computer and interactions with others meetings or via phone.

  • Ability to travel as necessary for business reasons.

We offer a competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, long-term care insurance, education assistance and paid time off.

IFG Companies is an equal opportunity employer committed to a diverse workforce. M/F/D/V

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