Accounting Assistant

About the Role:

The Accounting Assistant plays a crucial role in maintaining the financial health of our organization within the insurance industry. This position is responsible for ensuring accurate financial records, timely processing of accounts payable and receivable, and performing bank reconciliations. The successful candidate will contribute to the preparation of financial reports and assist in the overall accounting functions, which are vital for strategic decision-making. By supporting the accounting team, the Accounting Assistant will help streamline processes and improve efficiency in financial operations. Ultimately, this role is essential for upholding the integrity of our financial data and ensuring compliance with industry regulations.

Minimum Qualifications:

• Associate's degree in Accounting, Finance, or a related field.
• Proficiency in QuickBooks and general accounting principles.
• At least 1 year of experience in an accounting or finance role.

Preferred Qualifications:

• Bachelor's degree in Accounting or Finance.
• Experience in the insurance industry.
• Familiarity with cost accounting and payroll tax regulations.

Responsibilities:

• Perform daily bank reconciliations to ensure accuracy of financial records.
• Process accounts payable and accounts receivable transactions in a timely manner.
• Assist in the preparation of monthly financial statements and reports.
• Maintain accurate records of all financial transactions and ensure compliance with accounting standards.
• Support payroll processing and ensure accurate payroll tax calculations.

Skills:

The required skills such as bank reconciliation and accounts payable are utilized daily to ensure that all financial transactions are accurately recorded and reconciled. Proficiency in QuickBooks allows the Accounting Assistant to efficiently manage financial data and generate reports that aid in decision-making. General accounting knowledge is essential for understanding the principles that govern financial reporting and compliance. Skills in accounts receivable and account reconciliation help maintain cash flow and ensure that all incoming payments are tracked and processed correctly. Additionally, familiarity with payroll tax regulations is crucial for supporting payroll functions and ensuring compliance with tax obligations.