Financial Operations Assistant

3 weeks ago

MagstattleBas, Grand Est, United States Berkshire Hathaway Homestate Companies Full time
About the Role

Berkshire Hathaway Homestate Companies, a leading national insurance group, is seeking a highly skilled Financial Operations Assistant - Disbursement Specialist to join its Accounting team. The ideal candidate will be responsible for managing the disbursement of funds within the organization, ensuring accurate and timely payments, as well as maintaining financial records and supporting overall financial operations. Additionally, the Disbursement Specialist will assist with implementing technology, process, and service enhancements related to accounting functions, leveraging cross-functional workflows between Accounts Payable, Claims Accounting, Procurement, and other Finance teams.

Key Responsibilities
  • Assist with the day-to-day operations of the Company's accounts payable (AP), claim accounting, and procurement functions, ensuring that Company's financial obligations are met accurately, timely, and efficiently. Ensures absolute confidentiality and objectivity regarding all employee and financial data.
  • Assist with the review and approval of weekly, monthly, quarterly, and annual accounts payable functions including Concur invoices and expense reports, 1099-MISC Forms, payee Form W-9s, and related banking information.
  • the monthly producer commissions process and ensures all payments are accurate, disbursed appropriately, and appropriately reconciled.
  • Upholds the highest standards of service and ensures timely and appropriate responses to employee inquiries and requests.
  • Assist with month-end closing procedures, including preparing account reconciliations and creating manual journal entries
  • Assists with development of written procedures identifying appropriate system configurations, internal controls, administrative regulations, and appropriate state, Federal, and legal support for accounts payable, claims accounting and procurement processes; ensures compliance with all national, state, and local regulations.
  • Collaborates on cross-functional workflows to leverage knowledge-sharing between accounts payable, claims accounting, procurement and other Finance teams to improve operational outcomes and relationships across functions.
  • Provide support during internal and external audits, ensuring compliance with audit requirements and addressing audit findings.
  • Prepares variance analyses including actual versus expected; identifies cost saving opportunities makes recommendations for leveraging group buying power to obtain better vendor terms.
  • Assists with development of special and recurring reports by gathering appropriate data from various sources and compiles the data into meaningful information which supports business and department goals.
  • Performs various financial and operational analysis projects as assigned.

Requirements
  • EDUCATION: Bachelor's degree in Finance, Accounting, Business or a related field from an accredited four-year college or university, or combination of education and relevant experience, required.
  • INTERNSHIPS/EXPERIENCE: Minimum of 1 year of relevant work experience or completion of a minimum of one internship cycle in a relevant field.
  • TECHNICAL ABILITY: Possesses solid data analytical skills.
  • COMPUTER SKILLS: Must be highly proficient/advanced in Microsoft Excel and demonstrate proficiency in Microsoft Office suite of applications (Word, PowerPoint), as well as data entry, and be proficient on applicable systems and vendor software programs.
  • LANGUAGE ABILITY: Ability to compile, review, and analyze financial information. Ability to effectively present information and respond to technical inquiries from Company employees, external sources, and regulatory and auditing entities.
  • MATHEMATICAL ABILITY: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. Ability to analyze financial data, perform variance analysis and identify issues and trends.

About Berkshire Hathaway Homestate Companies

Berkshire Hathaway Homestate Companies is a national insurance group with over 50 years of experience. Our company culture is built on relationships, commitment to financial strength, and integrity. We believe in empowering our employees and fostering a collaborative and inclusive work environment. We're proud to offer a competitive salary range of $65,000 - $85,000 per year, depending on experience, as well as a comprehensive benefits package, including health insurance, retirement savings match, and paid time off. If you're passionate about finance and operations, and want to be part of a dynamic team, please apply for this exciting opportunity.

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