Accounts Receivable and Accounts Payable Specialist

General Summary

The AR / AP Specialist supports the Accounting department by performing daily, monthly, and annual accounts receivable and/or accounts payable duties. The AR / AP Specialist is also responsible for identifying and implementing continuous improvement opportunities in their daily work.

Essential Functions

• Performs all functions supporting accounts payable, including maintenance of corporate credit cards and expense reimbursements and unclaimed funds processes, to ensure timely and efficient payment of corporate expenses.
• Performs all functions supporting accounts receivable, including calls to agents and/or policyholders, to ensure timely and efficient processing of payments received.
• Cross-trains AR / AP associates on assigned job functions as requested; acts as a resource to assist with onboarding new General Accounting associates.
• May assist Accounting Manager in planning and distribution of work to ensure AR and AP activities are handled in an organized and efficient manner.
• Maintains desk manual and training documents with new or updated processes and procedures.
• Supports Financial Accounting team by providing reports and data, as needed, for internal and external reporting.
• Assists in the preparation and execution of tasks related to annual 1099 processing, as requested.
• Maintains and updates workpapers and processes for business and/or procedural changes.
• Completes tasks and compiles information timely and accurately to support internal and external audits and examinations.
• Supports and ensures compliance with Financial Reporting Controls; recommends and implements changes to control design as necessary.
• Manages, researches, compiles, and/or develops work for corporate and departmental objectives and projects as requested or required.
• Performs other duties as assigned.
  
  

Working Conditions

• Sitting for extended periods of time.
• Extended computer usage.
• Regulatory-driven deadlines.
• Occasional work-related stress.
• Occasional travel to conferences and offsite meetings.
  
  

Qualifications

Skills

And

Abilities

• Advanced skills with Microsoft products, specifically Excel, Teams, and Word.
• Continuous improvement mindset.
• Ability to follow oral and written instructions and perform with a minimum of technical support.
• Must possess good interpersonal and communication skills, and an ability to deal with agents, policyholders, and other associates in a professional manner.
• Strong organizational skills.
  
  

Education &

Experience

Requirements

• High school diploma or equivalent.
• Five to 10 years of previous AP and/or AR experience, preferably in the P&C Insurance industry.
  
  

SUPERVISION

Supervision Received

• Limited supervision. The nature of the work is such that it is performed to a large extent on one's own responsibility after assignment, with some choice of method. Occasionally develops own methods.