Accountant II

Job Title: Accountant II

FLSA Status: Exempt

Job Family: Finance Reporting

Department: Finance Reporting

Location: Corporate Office (Fort Wayne)

JOB SUMMARY

Assist the Finance Reporting team with financial records by inputting financial transactions, verifying the accuracy of ledgers, and providing timely and accurate management reports for the company. Also responsible for researching, interpreting, and communicating information related to a variety of investment, reinsurance, asset management, claims, and premium reporting issues.

POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Record investment transactions, reconcile custody statements to corporate ledgers, and prepare monthly, quarterly, and annual investment reports related to the company’s investment portfolio.
• Identify and research data, reconciliation, and reporting issues related to claims, premiums, and billing tables. Work with the IT department to ensure the data is corrected and preventative measures are taken.
• Balance the monthly financial statements to the corporate ledger by recording accrual transactions. Research and resolve any inconsistencies and improve the process when possible.
• Learn and understand the statutory accounting principles used by insurance companies. Upload financial results for quarterly and annual reporting using the statutory reporting software. Upload financial results to dashboards and create financial reports as necessary.
• Upload monthly balances into the budgeting system for reporting. Create budget reports and distribute them to various departments on a monthly basis. Assist in identifying and analyzing variances for each department and record correcting entries as needed.
• Record affiliate reimbursement and chargeback transactions. Ensure proper calculations have been performed and the appropriate authorization is documented. Identify and resolve discrepancies between companies and ensure requested reimbursements are completed.
• Organize and monitor prepaid expenses including identifying and posting re-classes, preparing monthly amortization entries, and reconciling assets to the corporate ledger. Communicate with IT and other departments related to asset tracking and budgeting.
• Prepare and file, as scheduled, estimated tax payments, annual premium tax returns, sales and use tax statements, and other premium reports or assessments.
• Review invoices ready to be paid for proper accounting, authorization, and Indiana sales tax.
• Occasionally reconcile bank statements, claims check statements and investment custodial statements to corporate ledgers. Conduct research to identify and communicate with other personnel to resolve concerns.
• Occasionally document, compute, and process reinsurance transactions. Review claims activity for potential reinsurance applications. Calculate and record reinsurance payables and recoveries.
• Occasionally communicate with finance and customer service personnel regarding billing, accounts receivable, and premium payment issues. Research concerns related to the lockbox, EFT, and other deposit processes.
• Complete other projects as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES

The requirements listed below are representative of the knowledge, skills, and/or abilities required to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Possess good judgment and the ability to perform independent analysis.
• Demonstrate strong detail-oriented and communication skills.
• Demonstrate strong Microsoft Office, especially Excel and spreadsheet, capabilities.
• Effectively interface with external contacts, Brotherhood employees, managers, and department staff members.

EDUCATION AND/OR EXPERIENCE

• Must have a Bachelor’s degree in accounting, finance, or business administration with a minimum of a two-year accounting emphasis.
• Must have 2 – 3 years general business, insurance or related experience.
• Certified Public Accountant (CPA) designation is desired. 
• Chartered Property and Casualty Underwriter (CPCU) designation and/or Associate in Insurance Accounting and Finance (AIAF) designation is desired.

Terms and Conditions

This description is intended to describe the general content of and requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

Because the company’s niche is the church and related ministries market, and because effective service requires a thorough understanding of this market, persons in this position must be familiar with church operations and must conduct themselves in a manner that will neither alienate nor offend persons within this target niche.

Brotherhood Mutual Insurance Company reserves the right to modify, interpret, or apply this position description in any way the company desires. This job description in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position. This position description is not an employment contract, implied or otherwise. The employment relationship remains “at-will”.