What are the responsibilities and job description for the Advanced Accountant position at BITCO Insurance Companies?
BITCO Corporation is currently seeking an Advanced Accountant to join our Accounting team in Davenport, IA. BITCO provides quality insurance services to special industries including construction, forest products, and oil & gas. This position is eligible for a hybrid work schedule.
Position Summary
As part of the Accounting team, this position prepares, reviews, and analyzes financial information to satisfy internal and external reporting requirements and assists with the planning and implementation of department objectives. This role will focus on managing the company's reinsurance accounting.
Primary Responsibilities
Position Summary
As part of the Accounting team, this position prepares, reviews, and analyzes financial information to satisfy internal and external reporting requirements and assists with the planning and implementation of department objectives. This role will focus on managing the company's reinsurance accounting.
Primary Responsibilities
- Monitor external sources of financial information to ensure timely completion of job responsibilities
- Analyze and reconcile general ledger accounts
- Analyze accounting documents and financial records for fluctuations, trends, and deviations
- Develop and prepare ad hoc reports
- Understand and apply federal, state, and local tax regulations
- Identify changes in procedures needed for accounting processes and maintain related documentation
- Apply and ensure compliance with all financial policies and procedures
- Apply the principles, theories, and concepts of accounting (statutory and GAAP)
- Provide exceptional customer service
- Understand and maintain confidentiality of information
- Maintain an appropriate level of knowledge and understanding of assigned responsibilities
- Efficiently utilize accounting information systems and productivity
- Strong understanding of internal control requirements (COSO) and environment
- Frequently work on several tasks at the same time within assigned deadlines
- Perform other duties as assigned
- Bachelor's degree in accounting or related field
- At least 3-5 years of Accounting experience required
- Strong knowledge and understanding of US GAAP required; with strong knowledge and understanding of statutory accounting preferred
- Knowledge of reinsurance accounting preferred
- Advanced understanding and application of Microsoft Word and Excel
- Advanced understanding and application of accounting information and related systems
- Strong problem solving and analytical ability
- Strong oral and written communication skills
- Ability to work independently and make judgements
- Ability to work additional hours when required
