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Permanent Statutory Accounting Jobs in Kansas (NOW HIRING)

Permanent Statutory Accounting information

What is Permanent Statutory Accounting?

Permanent Statutory Accounting refers to the ongoing process of preparing and maintaining financial records and statements in accordance with statutory accounting principles (SAP), which are rules and guidelines mandated by regulatory bodies, especially in the insurance industry. These principles differ from general accounting standards and are designed to ensure companies remain solvent and financially stable. Professionals in this field are responsible for ensuring compliance with legal requirements, submitting regulatory reports, and keeping accurate, up-to-date records. This work is crucial for organizations to meet state and federal regulations and to provide transparency to regulators and stakeholders.

What is the highest paid accounting job?

In accounting, senior roles such as Chief Financial Officer (CFO) or Partner at a major accounting firm tend to be the highest paid, often earning six- to seven-figure salaries. These positions require extensive experience, advanced certifications like CPA or CMA, and strong leadership skills. Specialized roles in forensic accounting or financial consulting can also command high compensation.

What is the difference between Permanent Statutory Accounting vs Financial Accountant?

AspectPermanent Statutory AccountingFinancial Accountant
CredentialsAccounting certifications (e.g., CPA), knowledge of statutory regulationsAccounting certifications, financial reporting knowledge
Work EnvironmentRegulatory compliance, audit-focused, often within insurance, banking, or corporate sectorsCorporate finance departments, reporting, and analysis
Employer & IndustryInsurance companies, banks, large corporations with statutory reporting needsVarious industries including corporate, finance, and consulting firms

Permanent Statutory Accounting primarily focuses on preparing financial statements in compliance with statutory regulations, often for regulatory reporting and audits. Financial Accountants handle broader financial reporting, analysis, and internal financial management. While both roles require accounting expertise, Permanent Statutory Accountants specialize in statutory compliance, whereas Financial Accountants focus on overall financial health and reporting.

What are some common challenges faced in a Permanent Statutory Accounting role, and how can I prepare for them?

In a Permanent Statutory Accounting role, one common challenge is staying updated on frequent changes in local and international accounting regulations, which can impact financial reporting and compliance. You may also encounter tight deadlines during statutory closing periods and audits, requiring strong organizational and time management skills. Collaborating with cross-functional teams, such as tax, audit, and operations, is essential for ensuring accurate and timely filings. Preparing by developing a keen attention to detail and keeping abreast of regulatory updates can help you succeed in this role.

Can you make $500,000 a year as an accountant?

Permanent statutory accountants typically earn salaries below $500,000 annually, with top executives or partners in large firms reaching higher compensation levels. Achieving a $500,000 salary usually requires advanced roles, extensive experience, specialized skills, or ownership in a firm, often supplemented by bonuses or profit sharing.

Can you make 100,000 as an accountant?

Permanent statutory accountants can earn $100,000 or more annually, especially with experience, certifications like CPA, and working in senior or specialized roles. Salaries vary based on industry, location, and level of responsibility, with senior accountants and those in managerial positions typically earning higher wages.

What are the key skills and qualifications needed to thrive as a Permanent Statutory Accountant, and why are they important?

To thrive as a Permanent Statutory Accountant, you need a strong background in financial accounting, statutory reporting, and knowledge of local and international accounting standards, typically supported by a degree in accounting or finance and a recognized professional qualification (such as ACCA, ACA, or CPA). Familiarity with accounting software (like SAP or Oracle), advanced Excel skills, and experience with regulatory compliance tools are commonly required. Attention to detail, analytical thinking, and effective communication skills help professionals excel when interpreting complex regulations and interacting with auditors or stakeholders. These competencies ensure accurate statutory filings, regulatory compliance, and the financial integrity of the organization.

What does a statutory accountant do?

A statutory accountant prepares and maintains financial statements in accordance with legal and regulatory requirements, ensuring compliance with accounting standards and laws. They often handle audits, financial reporting, and record-keeping for organizations, using accounting software and adhering to deadlines.
What are the most commonly searched types of Statutory Accounting jobs in Kansas? The most popular types of Statutory Accounting jobs in Kansas are:
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What cities in Kansas are hiring for Permanent Statutory Accounting jobs? Cities in Kansas with the most Permanent Statutory Accounting job openings:
AIRCRAFT OVERHAUL LEADER

AIRCRAFT OVERHAUL LEADER

U.S. Department of Defense (DOD)

Mcconnell Air Force Base, KS • On-site

$76K/yr

Other

This job post has expired today. Applications are no longer accepted.


U.S. Department Of Defense rating

7.8

Company rating: 7.8 out of 10

Based on 536 frontline employees who took The Breakroom Quiz

29th of 50 rated military and defense


Job description

This is an Air Reserve Technician (ART) position. ARTs are part of the regular career civil service and enjoy all the benefits granted to Federal employees in the competitive civil service. In addition, ARTs are required to maintain their active membership in the AF Reserve unit where assigned. ARTs receive on average one weekend of military training per month.
Click on "Learn more about this agency" button below to view Eligibilities being considered and other IMPORTANT information.Qualifications:This position is an obligated position. An obligated position is one to which an employee has statutory restoration rights based on active military service, compensable injury or disability when fully recovered, or return rights based on having served an overseas tour(s). Obligated positions may also cover employees who have been on extended leave without pay under certain circumstances. When a position is obligated to an employee it means that he/she has entitlements to that position. During the obligation period, the manager has the option of filling the position on a temporary or permanent basis. In filling the obligated position, the selected employee is required to sign an agreement acknowledging that he/she is aware of the obligation and accepts the fact that he/she may be displaced under reduction in force procedures at a later time.
QUALIFICATIONS: Applicants will be rated in accordance with the OPM Qualification Standard Handbook X-118C for the WG-8800 Aircraft Overhaul Family. Although a specific length of time and experience is not required for most blue-collar positions, you must meet any screen-out element listed, and show through experience and training that you possess the quality level of knowledge and skill necessary to perform the duties of the position at the level for which you are applying. Qualification requirements emphasis is on the quality of experience, not necessarily the length of time.
The screen out element for this position is the ability to perform the work of an Aircraft Overhaul Leader with little to no supervision.
JOB ELEMENTS: Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas:
1. Basic knowledge in the various trades and craft specialties of aircraft maintenance to evaluate/inspect workmanship. Knowledge of the theory, operation, and integration of all mechanical, pneudraulic, electrical, electronic, and other aircraft operating systems.
2. Knowledge of the startup, operation, shutdown, and emergency procedures for the systems and the aircraft; symptoms of normal and abnormal operation; and the inter-relationships between operating systems. Knowledge of associated trades such as sheet metal, painting, aircraft electrical, electronics, and aircraft engine work.
3. Knowledge of supply procedures, applicable publications, tools, equipment and material accounting, security, and documentation procedures. Knowledge of safety regulations, practices, and procedures.
4. Skill to check all functional and support systems, operate engine(s), determine what systems are malfunctioning; and search repair directives, technical orders, blueprints, schematics and diagrams, specifications, and manuals to determine repairs needed.
5. Skill in the use of all tools of the trade, test equipment, test stands, power sources, aircraft instruments, gauges, and controls. Skill in the operation of diagnostic and on-board electronic equipment/systems to identify proper and improper operation of aircraft systems, components, and parts.
6. Ability to analyze guidelines and/or maintenance modification orders to determine material, equipment and personnel needs and to perform technical reviews of guides to locate discrepancies or propose improvements to methods or specifications. Ability to plan and organize work assignments to include determining resources required to accomplish mission. Ability to communicate effectively, both orally and in writing.
OTHER SIGNIFICANT FACTS:
1. This is an Air Reserve Technician (ART) enlisted position. The incumbent is required to meet and maintain Air Force Reserve requirements. Work schedule will be aligned to allow the incumbent to fully participate in unit training assemblies. The incumbent's regular assignments are primarily ART duties; however, the incumbent may also be assigned non-ART duties, generally not to exceed 30 percent of total responsibilities.
2. This position has been designated by the Air Force as a Testing Designated Position (TDP) under the Air Force Civilian Drug Demand Reduction Program. Employee must pass initial and periodic short notice drug testing. Illegal drug use by employees in sensitive positions presents a clear threat to the mission of the Air Force, national security, and public safety.
FUNCTIONAL REQUIREMENTS: Heavy lifting (80 lbs and over). Heavy carrying (45 lbs and over). Reaching above the shoulder. Use of fingers. Both hands required. Hours of walking are approximately 4 Hours/day. Hours of standing are approximately 4 Hours/day. Hours of repeated bending are approximately 4 hours/week. Climbing, use of legs and arms. Both legs required. Operation of special purpose and/or motor vehicles. Near vision correctable at 13 inches to 16 inches to Jaeger 1 to 4. Far vision correctable in one eye to 20/20 and 20/40 in the other. Depth perception. Ability to distinguish basic colors. Ability to distinguish shades of color. Hearing (with or without aid permitted). If it can be otherwise accommodated, a specific physical condition or impairment will not automatically disqualify a candidate.
ENVIRONMENTAL FACTORS: Work is performed in hangar areas, outdoors, in aircraft, and sometimes in hazardous noise areas. Exposed to extremes in heat, cold, humidity and inclement weather. Must work in confined areas and in awkward positions. Exposed to bodily fluids, dirt, grease, and aircraft fluids (oil, hydraulic, fuel, sealants, solvents, and hazardous fluids and gases). Potentially exposed to Hydrazine, Halon, and/or composites and Low Observable (LO). Subject to cuts, bruises, muscle strain, and injury from falls off scaffolds, ladders, and aircraft surfaces. Slippery or uneven walking surfaces. Working around machinery with moving parts. Working around moving objects or vehicles. May be exposed to intake suction and hot exhaust blast. Working closely with others. Working alone.
PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week.
VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.Education:This job does not have an education qualification requirement.Employment Type: OTHER

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