About this opportunity
Hanover Insurance Group, Inc. lists this Accounting Manager (Hybrid in Worcester, MA) opportunity in worcester, Massachusetts. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Our Finance team is currently seeking an Accounting Manager in our Worcester, MA location. Position is eligible for Hybrid/Flex work arrangement. This is a full-time, exempt role.
POSITION OVERVIEW:
Responsible for managing all day-to-day accounting team functions, internal controls and quality assurance processes, and monthly/quarterly/annual internal and external GAAP and statutory reporting. This role oversees accurate and timely preparation, review, and analysis of financial information, regulatory filings, internal controls, and disclosures while ensuring compliance with NAIC, SEC, SOX, and company accounting policies. Requires expertise in specialized programs accounting including reinsurance and ensuring all team members are proficient as well. Requires strong team building skills including the ability to motivate, retain and development talent. Responsible for continuous review and improvement of accounting processes, effectively leveraging modern technologies, managing unanticipated situations and problem solving. Requires significant collaboration and communication with management and staff throughout the company, including reinsurance operations/billing, information technology operations and business analysts, P&C accounting, finance, actuarial, HR, and internal and external auditors.
IN THIS ROLE, YOU WILL:
Responsibilities / Essential Functions
Core Accounting & Reporting
Serve as subject matter expert and point person for all accounting, systems and reporting matters. This individual must be able to analyze, review and evaluate financial statement data flows and relevant key controls and to solve issues and any significant variances when they emerge. This includes being able to obtain a strong understanding and full view of the critical financial reporting data path: from front-end inputs, through system-to-system feeds, to back-end conversion to automated and manual journal entries, and to the final reporting deliverables.
Manage day-to-day accounting operations, internal controls, and quality assurance activities, including routine and non-routine reporting deliverables as well as ad-hoc projects.
Oversee monthly, quarterly, and annual close processes and ensure timely reporting deliverables.
Review and approve complex journal entries, reconciliations, and supporting workpapers.
Prepare, review and analyze financial results, investigate variances, and resolve reporting issues.
Insurance-Specific Accounting
Oversee accounting and reporting activities supporting SAP, GAAP, and SEC requirements, as applicable.
Support NAIC reporting, regulatory filings, and insurance industry financial reporting requirements, as applicable.
Serve as subject matter expert for insurance accounting transactions, related systems, and reporting matters.
Financial Reporting & Compliance
Ensure compliance with SOX, SEC, NAIC, SAP, GAAP, and company policies, as applicable.
Partner with internal and external auditors during audits and regulatory examinations.
Research, document, and implement new accounting guidance and reporting requirements.
Maintain and enhance internal control documentation and testing activities.
Process Improvement & Technology
Lead process improvement and automation initiatives driven by strong understanding of end-to-end financial statement data flows, systems and financial reporting outputs.
Experience working with enterprise general ledger systems, such as PeopleSoft General Ledger, Oracle Financials, or equivalent ERP platforms, as well as other financial reporting tools, including Hyperion Essbase, Power BI, or similar tools.
Identify technology opportunities and develop accounting/reporting solutions.
Leadership, Collaboration & Business Partnership
Lead, mentor, develop, and evaluate accounting staff.
Establish team priorities, allocate resources, and monitor performance.
Collaborate with operations, IT, actuarial, finance, HR, and management teams.
Involves others to leverage additional knowledge or skills that lead to increased understanding. Obtains shared commitment to the improvement or success of an event or project.
Communicate complex accounting matters and recommendations to senior leadership building support, agreement and commitment.
Required Skills, Key Success Factors, and Experience
Required Experience & Qualifications
Minimum 5-8 years of progressive accounting and financial reporting experience.
Insurance accounting, public accounting, or a combination thereof preferred.
Bachelor's degree in Accounting or Finance required.
CPA, MBA, or Master's degree in Accounting strongly preferred.
Experience with SAP, NAIC, GAAP, SEC, and statutory accounting principles strongly preferred.
Experience with financial reporting and ERP systems including PeopleSoft, Oracle, SAP, Essbase, Hyperion, Power BI, or similar tools.
Ability to work independently, manage multiple priorities, and meet deadlines.
Leadership & Talent Development
Builds high-performing teams through coaching, mentoring, and development while fostering a culture of technical excellence.
Effectively recruits, retains, and develops talent.
Promotes accountability, collaboration, and continuous improvement.
Learning Agility & Digital Mindset
Demonstrates curiosity and adaptability in a rapidly evolving finance environment
Continuously developing technical accounting, analytical, and digital skills
Analytical Thinking & Business Insight
Analyzes complex financial data and reporting processes.
Identifies issues, evaluates alternatives, and develops practical solutions.
Connects accounting outcomes to business performance and risk management.
Collaboration & Influencing
Build strong partnerships across departments and stakeholders.
Communicates effectively and gains commitment to initiatives and decisions.
Initiative & Continuous Improvement
Proactively identifies risks, opportunities, and process enhancements.
Drives automation, efficiency, and reporting improvements.
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Worksite address
worcester, MA, 01609, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.