Direct Bill Accountant
Job Location:
Monthly Salary:
Posted on:
30+ days ago
Posted on:
Vacancies:
1 Vacancy
Vacancies:
Job Summary
Job Description: Direct Bill Staff Accountant
Job Title: Direct Bill Staff Accountant
Location: The Hive -- Sandy UT 84070
Reports to: Accounting Manager / Controller
Department: Accounting
FLSA Status: Non-exempt hourly
Job Purpose
The Direct Bill Staff Accountant is responsible for managing all aspects of direct bill commission processing reconciliation and reporting. This role ensures accurate and timely recording of commission revenue supports financial accuracy across assigned agencies and maintains compliance with internal accounting procedures. The Staff Accountant contributes to the efficiency and integrity of the agencys financial operations.
Key Responsibilities
1. Cash Receipts & Deposits
Job Title: Direct Bill Staff Accountant
Location: The Hive -- Sandy UT 84070
Reports to: Accounting Manager / Controller
Department: Accounting
FLSA Status: Non-exempt hourly
Job Purpose
The Direct Bill Staff Accountant is responsible for managing all aspects of direct bill commission processing reconciliation and reporting. This role ensures accurate and timely recording of commission revenue supports financial accuracy across assigned agencies and maintains compliance with internal accounting procedures. The Staff Accountant contributes to the efficiency and integrity of the agencys financial operations.
Key Responsibilities
1. Cash Receipts & Deposits
- Monitor daily cash receipts for assigned agencies to ensure accuracy and timely processing.
2. Commission Statement Management
- Download PDF and Excel commission statements from carrier and broker websites.
- Organize distribute and track commission statements for transaction processing.
- Proactively follow up on missing commission statements or unmatched transactions.
3. Transaction Recording & Reconciliation
- Record direct bill transactions at the policy level using reconciliation software and commission statements as source documentation.
- Ensure transactions are recorded in the same accounting month as related cash receipts.
- Reconcile commission activity to identify and resolve discrepancies in a timely manner.
4. Accuracy Compliance & Documentation
- Maintain accurate documentation and records in accordance with agency accounting standards.
- Ensure compliance with internal controls workflows and accounting procedures.
5. Collaboration & Communication
- Communicate effectively with internal accounting staff operations teams and agency partners.
- Provide support and clarification regarding commission discrepancies and reporting questions.
Qualifications
Education & Experience
Education & Experience
- Bachelors degree in Accounting or Finance preferred.
- Minimum of 13 years of accounting or financial operations experience preferably within an insurance brokerage.
- Prior experience with direct bill commission processing strongly preferred.
Knowledge Skills & Abilities
- Proficiency with Applied Epic; experience with reconciliation software such as Comulate or Ascend preferred.
- Advanced Excel and reconciliation skills.
- Strong attention to detail and organizational skills.
- Excellent written and verbal communication abilities.
- Strong problem-solving skills with the ability to manage multiple priorities.
Compensation
- Compensation is based on the experience engagement type and scope of work
Working Conditions
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
About Company
ALKEME is a top-ranked insurance brokerage that provides business, personal insurance, benefits and financial products and services throughout the United States.
