Staff Accountant – Insurance Programs

Work Location: Remote, unless otherwise necessary for employee to attend meetings, training, etc.

General Definition of Work

Performs intermediate level professional work assisting with the preparation and maintenance of the Associations' financial records, entering revenue information into accounting system, verifying and Associations' financial records, reconciling assigned accounts, and other financial accounts, preparing reports, and related work as apparent or assigned. Work is performed under the supervision of the Controller - Insurance Division.

Position Responsibilities

Data Management & Analysis

• Enters a variety of data into the Association's general ledger; verifies statistical and other records for accuracy and completeness; enters and retrieves sensitive and restricted information into general ledger;
• Prepares and maintains associated files and records; prepares and disseminates various financial reports including but not limited to quarterly financial statements.
• Records deposits for the Association's Property and Liability Insurance (IRMA), Workers' Compensation (GSIWCF), Firefighters' Cancer Programs (FFCBP), and Post Traumatic Stress Disability (PTSD) including liability, workers' compensation, and Firefighters' Cancer Program insurance contributions, deductibles and run-off claims, wire transfers, overpayments, subrogation, salvage and subsequent injury trust funds.
• Records invoice information for IRMA, GSIWCF, FFCBP, and PTSD contributions, audited premiums and workers' compensation large deductible and run-off claims invoicing.
• Reconciles cash and other balance sheet and P&L accounts including but not limited to accounts receivable, accounts payable accounts, paid claims, salvage/subrogation and deductibles for IRMA, GSIWCF, FFCBP, and PTSD on a monthly basis; reconciles contribution and audited premiums for IRMA, GSIWCF, FFCBP, and PTSD on a monthly basis.
• Records and reconciles unit accounts on a quarterly basis for IRMA and GSIWCF.
• Calculates sponsorship fees to ACCG quarterly. Assists with equity share calculations for insurance funds. Calculates overhead fees for IRMA.
• Records and reconciles investment activity on a monthly basis. Assists in the quarterly analysis of insurance funds for management review.
• Develops management reports as needed for additional analysis of the insurance funds financial activities.
• Assists in the membership dividend calculations for the insurance funds.
• Assists with quarterly reports for insurance operations. Records claim reserves & reconcile to semi-annual actuary reports. Assists with providing information to external auditors.

Business Strategy

• Assists in the implementation of plans and strategies between the Association, banks and processing companies.
• Minimal overnight travel may be required for periodic meetings, training events, or conferences.
• Primary responsibility of meeting reporting deadlines and requests from auditors. Quarterly reporting and reporting to the board are time sensitive and deadline driven.

Education and Experience

• Bachelor's degree with coursework in accounting, finance, insurance/risk management, or related field.
• Intermediate (3 years minimum) progressive work experience in which exposure was gained in various functions of corporate accounting; preferably in an insurance-related field.

Knowledge, Skills and Abilities

Thorough knowledge of:

• Performing work tasks in the full cycle of accounting including preparing and recording entries, reconciling accounts and preparing financials.
• Intermediate level experience working with ERP software preferably Microsoft Great Plains, including the financial, payables and sales modules. Ability to create ad hoc reports as necessary in Microsoft Dynamics Management Report Writer is also preferred.
• Accounting terminology, methods, procedures and equipment; ability to prepare complete accurate reports from various accounting data.
• Principles and procedures of financial record keeping and reporting; ability to understand and apply laws and established policies to the maintenance of financial records.

General Knowledge of:

• Insurance accounting principles, practices, rules and regulations in accordance with generally accepted accounting principles.

Demonstrated Ability to:

• Post journal entries and perform mathematical computations and analysis with speed and accuracy.
• Analyze comparative financial statements and provide written analysis with regards to changes in fluctuations between financial periods.
• Write memos to file detailing accounting issues that clearly define an issue, analysis performed, and conclusion reached.
• Use of a variety of office machines; ability to operate personal computers including some knowledge of applicable software packages.
• Use of standard office software applications, specifically Microsoft Office products, including Outlook and Word. Skilled in the use of advanced formulas, pivot tables and enhanced data management and manipulation in Excel.
• Execute deductive reasoning and independent problem-solving skills, understand and follow oral and written directions; ability to establish and follow work procedures.
• Establish and maintain effective working relationships with associates, member organizations and clients, banking institution and processing company representatives and the general public.
• Document & update internal processes. Share information with internal contacts in an accurate and timely manner.

Physical Requirements

• This work requires the occasional exertion of up to 10 pounds of force; work regularly requires sitting, speaking or hearing, using hands and fingers to handle and/or feel, reaching with hands and arms and repetitive motions and occasionally requires climbing or balancing, stooping, kneeling, crouching or crawling, pushing or pulling and lifting;
• Work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; no special hearing perception is required;
• Work requires preparing and analyzing written or computer data, operating motor vehicles or equipment and observing general surroundings and activities; work has no exposure to environmental conditions; work is generally in a moderately noisy location (e.g. business office, light traffic).

Notice: ACCG employees must have a primary residence within the state of Georgia. In addition, employment candidates are subject to a background screening in compliance with established ACCG background check procedures.