What are the responsibilities and job description for the Accountant position at Pharmacists Mutual Insurance Co?
Pharmacists Mutual has an opening for an Accountant. This role performs routine accounting functions along with financial and tax reporting duties within the finance department.
Accountant II
- Responsible for moderately complex accounting/finance duties.
- Manages medium to large level accounting functions with direction and assistance, as needed.
Senior Accountant
- Responsible for the most complex accounting/finance duties.
- Manages the most complex technical accounting/finance duties.
- Serves as a subject matter expert for corporate projects impacting Finance team.
- Demonstrates a history of high-quality work, ability to grasp concepts, patterns and underlying issues, and be able to perform financial review and analysis.
- This position includes the roles of a trainer, mentor, coach, and Company representative.
Essential Functions
Essential functions may include, but are not limited to the following:
- Processes investment receipts, purchases and sales.
- Reconciles bank statements to general ledger.
- Records monthly general ledger entries and correcting/adjusting entries as required.
- Prepares monthly financial statements.
- Prepares quarterly and annual statement reports for regulators.
- Completes and files regulatory and management reports as requested.
- Provides requested documentation to actuaries and auditors.
- Completes and files state and municipal premium tax returns as required.
- Completes and files federal and state income tax returns as required.
- Completes reinsurance billings with brokers as necessary.
- Completes reinsurance renewals annually.
- Performs system to general ledger balancing on various general ledger accounts monthly.
Knowledge, Skills and Abilities
- Thorough knowledge of general accounting principles and practices and knowledge of Statutory Accounting Principles.
- Knowledge of processes and procedures related to accounts receivable, accounts payable, general ledger and financial reporting.
- Knowledge of accounting rules and regulations and the policies and procedures of the finance department.
- Reviews financial documents for completeness and accuracy.
- Performs detail work requiring a high degree of accuracy.
- Makes computations and prepares data summaries.
- Analyzes issues from the perspective of the accounting profession.
- Analyzes complex issues and makes critical decisions.
- Interprets, applies and explains applicable laws, codes and regulations.
- Uses initiative and applies innovative thinking.
- Ability to organize and prioritize work.
- Correct English usage, spelling, grammar, vocabulary and punctuation.
- Establishes and maintains effective working relationships in a team environment through written and oral communication.
- Works independently to make critical decisions and analyze complex issues.
- Contributes effectively to the accomplishment of all goals and objectives.
- Obtains and utilizes sensitive information discreetly and objectively.
- Maintains records, prepares reports and conducts correspondence related to the work.
- Skilled in using and maintaining financial software; learns and uses ad hoc reporting systems to query and report on data; and effectively prepares and uses complex Excel spreadsheets.
Experience and Education Qualifications:
Accountant II
- High School Diploma or equivalent and 7 years of related experience; or
- Associates Degree or equivalent and 5 years of related experience; or
- Bachelors Degree and 3 years of related experience; or
- Masters Degree
Senior Accountant I
- High School Diploma or equivalent and 10 years of related experience; or
- Associates Degree and 8 years of related experience; and
- One of the following industry related certifications or similar: Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Management Accountant (CMA), Chartered Property Casualty Underwriter (CPCU), Associate in Insurance Accounting and Finance (AIAF) or equivalent
OR
- Bachelors Degree and 5 years of related experience; or
- Masters Degree and 2 years of related experience
Preferred Qualifications
- Professional accounting designation or high-level insurance designation (CPA, CIA, CMA, CPCU, AIAF or equivalent)
Work Environment
- Primary work environment is in a climate-controlled office setting
- Work may involve travel to attend meetings at other locations
In addition to a competitive salary, eligible employees may receive an annual discretionary bonus and access to our benefits package including:
- Health, Dental, Vision & Life coverage
- 401(k) with Company Match
- Paid Time Off
- 8 Paid Holidays
- Volunteer Time Off
- Paid Parental Leave
- Hybrid/Remote Work Options
- Employee Assistance Program
- Tuition Reimbursement
Pharmacists Mutual Insurance Group is an Equal Opportunity Employer.