Financial Accountant II

2 weeks ago


Livonia, United States AAA Life Insurance Company Full time


Before submitting your application, ensure your resume is current and review the following job specifications thoroughly.
Accountant II

Location: US-MI-Livonia

Job ID:
Type: Regular Full-Time
# of Openings: 1
Category: Accounting/Finance

Position Overview

AAA Life Insurance Company is on the lookout for an Accountant II. This role is crucial for maintaining, controlling, analyzing, reconciling, and investigating the financial activities of the company that impact general ledger accounts. The Accountant II will be responsible for coordinating the data entry into the company's general ledger system and other relevant administrative systems. Furthermore, this position involves processing and analyzing both internal and external reinsurance transactions, along with completing reconciliations of general ledger accounts.

Key Responsibilities
  • Utilizes the OneStream system to develop financial models that serve as the primary tool for generating financial statements and conducting analyses.
  • Maintains subsidiary ledgers for company activities in compliance with statutory accounting principles (SAP) and Generally Accepted Accounting Principles (GAAP), while preparing monthly analyses and reports.
  • Examines computer-generated outputs to identify discrepancies and errors, initiating corrective measures to uphold the integrity of the ledger system. Ensures that account balances are accurately reported and that reconciling items are resolved promptly.
  • Conducts balancing and auditing of accounting transactions across multi-company and multi-state operations.
  • Addresses issues impacting reconciliations with various business units, departments, and financial institutions.
  • Engages in the modification of both new and existing data systems to guarantee compliance with specifications and financial integrity.
  • Prepares audit schedules for internal and independent external audits.
  • Creates and maintains documentation and procedures related to job functions.
  • Responsible for preparing and maintaining reconciliations of general ledger accounts.
  • Processes and formulates complex financial calculations for analysis or input into the general ledger.
  • Reconciles deposit and disbursement accounts with bank statements and corporate product systems.
  • Handles the processing and analysis of internal and external reinsurance transactions.
Qualifications
  • Bachelor's degree in Accounting, Finance, or a related field, or equivalent experience is required.
  • Two to four years of experience in an accounting department.
  • Familiarity with basic data processing.
  • Experience in balancing ledgers to support systems.
  • Proficient in account analysis and reconciliation.
  • Experience in preparing bank reconciliations.
  • Knowledge of GAAP and/or SAP.
  • Experience with automated accounting systems.
  • Proficient in spreadsheet software.
  • Able to research and analyze data effectively.
  • Strong communication skills in a professional environment.
  • Ability to work collaboratively on project teams.
  • Willingness to work overtime or weekends to meet deadlines.

What we offer:

  • A collaborative and dynamic work environment where your passion for people can thrive.
  • Comprehensive Medical, Dental, Vision, Life, and Disability coverage available from day one.
  • Pension Plan.
  • Performance-based incentive plan.
  • 401k plan with company matching.
  • Generous Holidays and Paid Time Off.
  • AAA Basic Membership.

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