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Staff Accountant

2 months ago

King of Prussia, United States Worldwide Insurance Services Full time
Job DescriptionJob Description

We are seeking a Staff Accountant- Treasury to join the team The Staff Accountant - Treasury will be responsible for reconciling claim payments and discrepancies, reporting, month end close and assisting with auditing and testing as needed. They will interact with internal departments as well as external vendors.

Responsibilities:

  • Manage multiple claim payment accounts to include weekly account reconciliations of funding received and claim payments processed; coordination with Claims department to disburse weekly claim payments; reconciliation of funding discrepancies with report analysis and collaboration of IT and Underwriting staff; and communication with various bank to resolve payment issues.
  • Track and investigate weekly claim adjustments and returned payments.
  • Process payment re-issue requests with updated banking information.
  • Perform month end close and assist internal and external auditing process.
  • Assist Staff Accountant II on escheatment process.
  • Prepare and produce various reports requested by internal and external partners.
  • Other duties as assigned.

Requirements:

  • A bachelor’s degree in Accounting, Economics, Finance, or equivalent working experience.
  • 1–3 years accounting experience, preferably in insurance or financial service industry.
  • Experience with international payments (iACH and wires) is preferred.
  • Proficiency with Microsoft Office, especially Excel.
  • Experience with Great Plains is desirable.
  • Ability to work well in a team environment.
  • Ability to organize and problem solve.
  • Excellent communication skills and ability to meet deadlines.
  • Must be able to work independently, prioritize, and multi-task.
  • Attention to detail is key, flexibility and a willingness to perform a variety of support tasks.
  • Employee is required to have at minimum an internet speed of 75 Mbps (standard high-speed internet access).

Working Conditions:

  • Flexibility to work in an office and/or at-home, remote office environment.
  • Overtime and/or schedule flexibility are occasionally necessary in this position.  Individual may be required to attend key business/departmental meetings and/or perform certain business critical job functions outside of normal working hours. 
  • Physical Demands: Must be able to communicate internally and externally through receiving and responding to auditory and visual methods.

Competitive base pay starting at $56,243 annually.

Compensation is based on prior/relevant experience and skill level in a similar role.

This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.