Staff Accountant

Alexandria, VA - USA

Monthly Salary: Not Disclosed

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

About Armed Forces Benefit Association (AFBA) and 5Star Life

In 1947 AFBAemerged from the basement of the Pentagon to solve a critical need in support of the military. More than 75 years later our commitment to those who serve and to solving their unique problems remains core to everything we do. Founded to provide military members with a death benefit no one else would we continue to embrace our mission and deliver benefits tailored to the real-life needs of all who serve today including active duty National Guard and first responders. Providing protection to those who go in harms way we ensure survivor and other benefits are available to all who serve defend and protect our great nation no matter what. 5Star Life Insurance Company was founded in service and carry that mission today by committing to serve those who serve from underwriting benefits for military and first responder families to providing coverage to the employees that keep our communities running. Our commitment to our communities rather than the bottom line- drives our business.

We offer a flexible hybrid work environment allowing you to enjoy the best of both worlds with 3 days in the office and up to 2 days working remotely each week. This position is in Alexandria VA

General Description:Assists the Finance Team by supporting the accounts payable function reconciling general ledger accounts on a monthly basis analyzing insurance premium/claims data developing journal entries preparing financial reports and maintaining accurate financial records. Key duties include verifying financial data bank reconciliations assisting with Statutory and GAAP reporting and supporting the premium tax compliance 1099 and regulatory reporting functions.

Essential Duties and Responsibilities

Execute GL closing activities journal entries (accruals reclassifications) and bank reconciliations for monthly quarterly annual financial closing processes.
Prepare and analyze financial statements general ledger reconciliations and identify and research variances.
Ensure adherence to GAAP Statutory Accounting Principles (SSAP) and internal controls; assist auditors and regulators.
Prepares monthly bank reconciliations in a systematic timely and accurate manner
Support year-end preparation of Federal Form 1099s and assist in the timely filing.
Prepare general ledger reconciliations and accounting journal entries as assigned
Maintain accurate financial records and historical documentation for auditing purposes.

Education Licensure Certification and Experience

4 year accounting degree required
Minimum 2 years of hands-on corporate general ledger accounting experience
Must have Advanced Excel skills VLOOKUP Pivot tables SUMIF
Knowledge of Infor Cloud general ledger or ERP accounting software is a plus
Insurance company experience is a plus
Accounts Payable experience

Knowledge Skills and Abilities

Strong organizational skills and ability to prioritize tasks and meet deadlines
Dedication attention to detail and ability to handle significant complex and often time-consuming intercompany allocations of expenses
Strong interpersonal communication and written skills and ability to work effectively with our Finance Team vendors agents and a variety of individuals within the organization to include senior management
Ability to handle confidential company information with sound judgment and discretion
This role requires strong organizational time management and communication skills
Hands-on accounting system skills in general ledger and accounts payable modules

Benefits we offer:

health insurance (medical dental and vision)
flexible spending accounts (medical and dependent care)
401k plan with generous employer match
paid time off
paid holidays (12)
life insurance
short- and long-term disability insurance
employee assistance program
professional development & tuition reimbursement
career growth opportunities
on-site gym and locker rooms (Alexandria VA office only)
friendly collaborative culture

Qualified people of all races ethnicities ages sex genders sexual orientations national origins gender identities marital status religions veterans statuses disabilities and any other protected classes are strongly encouraged to apply. As an equal opportunity workplace we are committed to creating an inclusive environment for all employees. AFBA and 5Star Life Insurance Company endeavors to make reasonable accommodations to the known physical or mental limitations of qualified applicants with a disability unless the accommodation would impose an undue hardship on the operation of our business. If an applicant believes they require such assistance to complete the application or to participate in an interview or has any questions or concerns they should contactHuman Resources().EEO is the Law(Link to external DOL site). AFBA and 5Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.

Required Experience:

Staff IC

About Armed Forces Benefit Association (AFBA) and 5Star LifeIn 1947 AFBAemerged from the basement of the Pentagon to solve a critical need in support of the military. More than 75 years later our commitment to those who serve and to solving their unique problems remains core to everything we do. Fou...