Job Description

Job Description and Duties

Come join the Financial Reporting team at State Fund!

The Financial Reporting team has an opening for Insurance Accounting Specialist. Insurance Accounting Specialist will be working in the team carrying out tasks to timely complete the financial close process ensuring that the financial statements are prepared in conformity with accounting practices prescribed or permitted by the California Department of Insurance (CDI) with appropriate internal controls.

In this role, you will:

· Perform month-end, quarter-end, and year-end closing tasks including reconciling account balances, preparing relevant reports with tight deadlines

· Collaborate with various Finance functions; analyze financial variances, present results to upper management

· Resolve accounting discrepancies by investigating root cause of issues including but not limited to following up cross-functionally

· Prepare quarterly and annual CDI filings

· Document and maintain accounting processes, procedures, memos, and guidelines

· Work closely with external and internal auditors, and cross functions to ensure timely deliverable of financial reports

Desired Qualifications:

· CPA a plus

· Knowledge in insurance accounting

· Knowledge in preparing journal entries, T-accounts, financial statements, and reconciliations

· Team player and able to work independently

· Ability to multi-task and manage priorities to meet deadlines

· Excellent fact-finding, summarizing and decision making skills to present findings and propose solutions to management; problem solver

· Dependable, composed, professional, self-motivated and results driven

· Clear and concise verbal and written communication skills

· Proficient knowledge of Microsoft Excel (Intermediate to advanced level), Word, PowerPoint Outlook, Power BI

· Experience with Oracle ERP and SQL

This position may be located in Glendale, Pleasanton, Riverside, Sacramento, San Diego, San Francisco, Santa Ana, Stockton or Vacaville.

New to state candidates will be hired into the minimum salary of the classification or minimum of the alternate salary range when applicable. Placement to alternate salary range may be based on education or experience identified in your state application.

You will find additional information about the job in the .

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

Additional Documents

Special Requirements

Application Instructions

Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.

Final Filing Date: 6/7/2025

Who May Apply

Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply

Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

State Compensation Insurance Fund

Mailing Address

Attn: JC-467018 EC

PO BOX 659015

Sacramento , CA 95865

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

State Compensation Insurance Fund

Talent Acquisition/Staffing

JC-467018 EC

2275 Gateway Oaks Drive

Sacramento , CA 95833

08:00 AM - 05:00 PM

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is required and must be included.
• Degree and/or School Transcripts

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Benefits

State Fund employees are eligible for a number of benefits. Our benefit package includes:

Health Benefits Program (CalPERS), Retirement (CalPERS), Employer Health and Consolidated Benefits Contributions, Dental, Vision, 401(k) and 457 Deferred Compensation Plans, Employee Assistance Program, Group Legal Services Insurance, Holidays, Vacation/Sick/Other Paid Leave, Flex Elect Reimbursement Program, Wellness and Recognition, Alternate Work Schedules, Transit Pass Program, Tuition Reimbursement, Dependent Scholarship Program, Leadership Training, Mentoring Program  

Contact Information

The Human Resources Contact is available to answer questions regarding the position or application process.

Department Website:

Human Resources Contact:
Edina Cole
(800) 499-8668
ECole@scif.com

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.

EEO Contact:
Rosa Gil-Robles
(800) 499-8668

California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

Background Investigation

Prior to employment with State Compensation Insurance Fund, a background investigation (BI) will be initiated.

Job Tags

Holiday work, Permanent employment, Full time, Flexible hours,

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