Job Summary:
The General Ledger Accountant is responsible for supporting the accounting team by maintaining accurate financial records, preparing journal entries, reconciling accounts, and assisting with month-end and year-end close processes. This role is ideal for a detail-oriented individual with a strong foundation in accounting principles and a desire to grow within the insurance and catastrophe claims industry.
Key Responsibilities:
General Ledger & Financial Transactions:
- Record and post journal entries for daily transactions, ensuring accuracy and completeness.
- Maintain and reconcile general ledger accounts, investigating and resolving discrepancies.
- Assist in the preparation of financial statements and reports.
- Ensure compliance with GAAP, company policies, and industry-specific regulations.
Month-End & Year-End Close:
- Assist with the month-end and year-end closing process, including accruals and adjusting entries.
- Reconcile bank accounts and other financial accounts.
- Support the preparation of financial statements, balance sheets, and income statements.
- Assist with audit requests and documentation for internal and external audits.
Insurance & Claims Accounting:
- Process financial transactions related to claims payouts, recoveries, and reserves.
- Assist in tracking and reporting insurance claims expenses and revenues.
- Work with claims and underwriting teams to ensure accurate financial data.
Compliance & Process Improvement:
- Ensure compliance with insurance industry regulations and financial reporting standards.
- Identify opportunities for process improvements and contribute to automation efforts.
- Maintain proper documentation and record-keeping for financial transactions.
Qualifications & Skills:
- Education: Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 0-2 years of accounting experience (internship or relevant coursework preferred).
- Technical Skills:
- Proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas).
- Experience with accounting software (QuickBooks, SAP, NetSuite, or similar) preferred.
- Understanding of GAAP and general ledger principles.
- Soft Skills:
- Strong attention to detail and analytical skills.
- Ability to work in a fast-paced, deadline-driven environment.
- Effective communication and problem-solving abilities.