Accounting BSA

Des Moines, IA - USA

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Description:

An Accounting BSA (Business Systems Analyst) plays a crucial role in bridging the gap between accounting teams and IT or system development teams. Their primary responsibility is to ensure that financial systems and processes are aligned with business needs and regulatory requirements. Heres a breakdown of their key responsibilities:

Requirements Gathering & Analysis

Partner with accounting finance and insurance operations to gather and document business requirements.

Analyze insurance-specific workflows: policy administration premium billing claims accounting commissions and reinsurance settlements (ceded/assumed).

Translate business requirements into system designs process maps user stories and acceptance criteria.

System Implementation & Support

Support implementation configuration and testing of ERP and insurance platforms (e.g. SAP FI/CO Oracle Cloud Guidewire Billing/Policy/Claims Duck Creek).

Design and validate system integrations between policy billing claims and general ledger modules.

Create and execute test plans (unit SIT UAT); manage defect triage and remediation; support change control.

Insurance Process Management

Build and optimize accounting processes for premium recognition unearned premium reserves (UPR) loss reserves IBNR claims payments and commissions.

Implement system logic for reinsurance (treaty/facultative; proportional/non-proportional) bordereaux and settlements.

Partner with actuarial and underwriting on loss ratio combined ratio and reserve-related data and reporting.

Data Integrity & Reporting

Ensure data completeness accuracy and reconciliation across sub-ledgers and the GL.

Develop dashboards and financial/insurance KPIs (e.g. written/earned premium trends loss & LAE expenses).

Support statutory and regulatory reporting (e.g. NAIC statements Schedule P Schedule F) and management reporting.

Compliance Controls & Audit

Ensure adherence to GAAP SAP (Statutory Accounting Principles) SOX and state insurance regulations.

Design and maintain internal controls; support audit requests and walkthroughs for insurance-specific areas.

Document end-to-end process controls segregation of duties and data lineage across systems.

Cross-functional Collaboration

Act as a liaison between Accounting IT Insurance Operations Actuarial Underwriting Claims Billing and Compliance.

Facilitate workshops sprint planning and stakeholder alignment; manage expectations and timelines.

Training & Documentation

Create and deliver training for end users on enhancements and new features.

Maintain process documentation configuration guides data dictionaries and SOPs.

Preferred

Experience with data warehouses ETL and integration tools (e.g. Informatica Azure Data Factory).

Skills & Competencies

Accounting Expertise: GL sub-ledgers reconciliations month-end close revenue recognition reserves.

Insurance Knowledge: Policy lifecycle billing claims reinsurance structures statutory reporting.

Technical Skills: SQL Excel (advanced) data modeling APIs/integrations reporting tools (Power BI/Tableau).

Analysis & Problem-Solving: Root-cause analysis process re-engineering control design.

Communication & Stakeholder Engagement: Clear documentation workshops cross-functional alignment.

Project/Change Management: Prioritization risk management change control UAT coordination.

Roles & Responsibilities

Strong understanding of accounting principles.

Experience with ERP systems (e.g. SAP Oracle NetSuite).

Proficiency in SQL Excel and reporting tools (e.g. Power BI Tableau).

Analytical thinking and problem-solving.

Communication and project management skills.

Salary Range- $85000-$105000 a year

Job Description: An Accounting BSA (Business Systems Analyst) plays a crucial role in bridging the gap between accounting teams and IT or system development teams. Their primary responsibility is to ensure that financial systems and processes are aligned with business needs and regulatory require...