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Subsidiary Accountant Jobs (NOW HIRING)

Tihinsurance

Sr. Accountant

Fort Worth, TX

$70K - $89K/yr

Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. Assist in the development and testing of economic models. * Maintain a ...

City of Elmhurst

Accountant

Elmhurst, IL

$81K - $121K/yr

Prepares and maintains control and subsidiary accounting records; prepares trial balances and financial reports. * Compiles and prepares journal entries and periodic reconciliations of general ledger ...

CRC Group

Sr. Accountant

Fort Worth, TX · On-site

$70K - $89K/yr

Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. Assist in the development and testing of economic models. * Maintain a ...

Tihinsurance

Senior Accountant

Charlotte, NC

$72K - $90K/yr

Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. Assist in the development and testing of economic models. * Maintain a ...

CRC Group

Senior Accountant

Charlotte, NC · On-site

$72K - $90K/yr

Maintain corporate and/or subsidiary accounting systems, which may range from simple spreadsheets to more complex databases. Assist in the development and testing of economic models. * Maintain a ...

Henderson Libraries

00073 Accountant

Henderson, NV · On-site

Prepares and maintains control and subsidiary accounting records; prepares trial balances and financial reports. Maintains financial records for various funding sources, including grants and capital ...

Backroads

Senior Accountant

Berkeley, CA · On-site +1

$90K - $113K/yr

As one of three Senior Accountants at Backroads, you'll support accounting and reporting for ... Prepare or review account reconciliations prepared by foreign subsidiary staff and/or external ...

Backroads

Senior Accountant

Berkeley, CA · On-site +1

$90K - $113K/yr

As one of three Senior Accountants at Backroads, you'll support accounting and reporting for ... Prepare or review account reconciliations prepared by foreign subsidiary staff and/or external ...

Backroads

Senior Accountant

Berkeley, CA · On-site

$90K - $113K/yr

As one of three Senior Accountants at Backroads, you'll support accounting and reporting for ... Prepare or review account reconciliations prepared by foreign subsidiary staff and/or external ...

PinnaclePartners

Accounting Manager

Indianapolis, IN

$85K - $90K/yr

Senior Accountant Indianapolis, North Terms: Direct Hire Compensation: 85-90K Responsibilities ... and review of monthly/daily subsidiary accounting Preparation and/or review of periodic ...

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Subsidiary Accountant information

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$34K

$68.3K

$108.5K

How much do subsidiary accountant jobs pay per year?

As of Jul 6, 2026, the average yearly pay for subsidiary accountant in the United States is $68,326.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,500.00 and $78,500.00 per year, depending on experience, location, and employer.

What is a subsidiary accountant?

A subsidiary accountant is responsible for managing the financial records of a subsidiary company, ensuring accurate reporting and compliance with accounting standards. They often work with consolidation processes, financial analysis, and may use accounting software like SAP or Oracle. Strong attention to detail and knowledge of corporate accounting are essential for this role.

How does a Subsidiary Accountant typically interact with other departments within a corporation?

Subsidiary Accountants work closely with several departments, including finance, operations, and compliance, to ensure accurate consolidation of financial data from their assigned subsidiary. They often coordinate with local management teams to gather financial statements, clarify discrepancies, and ensure all reporting aligns with corporate policies. Effective communication and collaboration are essential, as timely and precise reporting from subsidiaries contributes to the overall financial health and compliance of the parent organization.

Can you make $100,000 as an accountant?

Subsidiary accountants can earn $100,000 or more annually, especially with experience, certifications like CPA, and working in large organizations or specialized industries. Salaries vary based on location, company size, and individual skills, with senior roles and managerial positions typically offering higher compensation.

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

To thrive as a Subsidiary Accountant, you need a solid background in accounting principles, financial reporting, and often a bachelor's degree in accounting or finance. Familiarity with ERP systems like SAP or Oracle, and certifications such as CPA or ACCA, are commonly required. Attention to detail, analytical thinking, and strong communication skills help you manage complex transactions and collaborate across departments. These skills ensure accurate financial consolidation, compliance with regulatory standards, and effective coordination within a multi-entity organization.

What is the highest paid type of accountant?

Chief Financial Officers (CFOs) and senior management accountants tend to be the highest paid in the accounting field, often earning six-figure salaries due to their strategic responsibilities and leadership roles. Specialized accountants such as forensic accountants or those with certifications like CPA or CMA may also command higher salaries depending on experience and industry.

What are Subsidiary Accountants?

Subsidiary Accountants are professionals responsible for managing the financial records and accounts of a subsidiary company, which is a company controlled by a parent corporation. Their main duties include preparing financial statements, ensuring compliance with accounting standards, managing intercompany transactions, and supporting audits. They act as a key link between the subsidiary and the parent company’s finance team, ensuring accurate consolidation of financial data. Subsidiary Accountants also help in budgeting, forecasting, and analyzing financial performance to support business decisions.

What is the difference between Subsidiary Accountant vs Bookkeeper?

AspectSubsidiary AccountantBookkeeper
CredentialsTypically requires a degree in accounting or finance; CPA or similar certifications are commonNo formal certification usually required; high school diploma or equivalent often sufficient
Work EnvironmentWorks in corporate finance departments, handling detailed financial records for subsidiariesWorks in small businesses or accounting firms, recording daily financial transactions
Employer & Industry UsageUsed by corporations with multiple subsidiaries across industriesUsed by small businesses, startups, and accounting services

The Subsidiary Accountant focuses on managing financial records for specific subsidiaries within a larger organization, often requiring formal accounting credentials. In contrast, a Bookkeeper handles daily transaction recording with less emphasis on formal certifications. Both roles are essential in financial management but differ in scope, complexity, and required qualifications.

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

Subsidiary accountants typically earn between $60,000 and $100,000 annually, depending on experience, location, and company size. Earning $500,000 a year is uncommon for this role and usually requires senior executive positions such as CFO or partner in a large firm, along with extensive experience and advanced certifications like CPA or CMA.
More about Subsidiary Accountant jobs
What job categories do people searching Subsidiary Accountant jobs look for? The top searched job categories for Subsidiary Accountant jobs are:
Subsidiary Accountant jobs near you
Infographic showing various Subsidiary Accountant job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $68,326 per year, or $32.8 per hour.

Senior Financial Accountant

Camico Mutual Insurance

San Mateo, CA • On-site

Full-time

Posted 28 days ago

Job description

Description:

The Senior Financial Accountant is responsible for managing monthly close activities, maintaining the general ledger, performing payroll-related accounting, preparing bank reconciliations, supporting external audits, and producing financial reporting for the company and its managed agent operations. The role also supports budgeting, board of directors’ fee administration, and premium/carrier reporting. Strong analytical skills, advanced Excel proficiency, and the ability to work independently in a deadline-driven environment are essential.

Essential Duties & Responsibilities

Month-End Close, General Ledger & Reporting

  • Prepare monthly journal entries and complete assigned account reconciliations within established close timelines.
  • Perform timely and accurate bank reconciliations for all bank accounts, researching and resolving reconciling items.
  • Analyze monthly account activity, investigate variances, and resolve discrepancies promptly.
  • Prepare monthly activity schedules, summary financial reports, and monthly financial statements with supporting documentation for management review.
  • Prepare fixed asset updates, including adding new assets or reviewing depreciation schedules as needed.
  • Prepare payroll-related journal entries, reconciliations, and accruals. Partner with HR regarding payroll adjustments and compliance.
  • Maintain the finance accounting system, including account setup, mapping, and monthly, quarterly, and year-end close activities.
  • Prepare deferred compensation accounting, including documentation management, uploads, reconciliations, and payout coordination.

Audit Support & Reporting Responsibilities

  • Prepare audit schedules and provide detailed support to external auditors during year-end and interim audit cycles.
  • Assist in drafting and compiling supporting documentation for financial reporting requirements.
  • Provide support and prepare schedules for the triannual Department of Insurance audits.

Budgeting & Variance Analysis

  • Coordinate the preparation of the annual operating expense budget and maintain documentation throughout the review process.
  • Upload and reconcile budget data in financial systems.
  • Analyze departmental budget variances and prepare monthly variance reporting; respond to inquiries as needed.

Managed Agent / Subsidiary Accounting

  • Prepare monthly journal entries, account reconciliations, and financial statements for managed agent and subsidiary operations.
  • Submit monthly premium reporting to strategic partners.
  • Prepare and maintain cost allocation calculations and supporting schedules to ensure accurate distribution of shared expenses across managed agent and subsidiary lines.
  • Support financial documentation, reporting requirements, and performance obligations outlined in managed agent and subsidiary agreements.

Qualifications

  • BA in Accounting preferred; CPA a plus; 3–5+ years accounting/financial analysis
  • Strong GAAP accounting knowledge; advanced Excel skills
  • Proficient with accounting systems; highly detail-oriented and analytical
  • Strong communication skills; able to work independently and meet deadlines

Core Competencies

  • Time Management: Prioritizes effectively to meet deadlines.
  • Problem Solving: Uses sound judgment and analytical skills.
  • Process Management: Identifies efficient workflows and improves processes.
  • Technical Skills: Demonstrates strong accounting and system proficiency.

Physical Demands and Work Environment

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. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This position operates in a professional office environment and routinely uses standard office equipment such as computers and phones. The noise level in the work environment is usually moderate.


Requirements: