Accountant II

Insurance • Wake County, NC

18h • $50,633 - $78,280 • Hybrid

About The Position

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.
Salary Recruitment Range: $50,633 - $78,280
The posting will close at 11:59 p.m. the night before the closing date. This position currently qualifies for a hybrid telework option with routine office and remote workday. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
Mission of the Department of Insurance: The North Carolina Department of Insurance's mission is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect.
North Carolina Department of Insurance offers rewarding careers in a number of different fields that helps us protect consumers and regulate the insurance industry in North Carolina. But that’s not all that we do! NCDOI also investigates insurance fraud. We set standards for and inspect fire stations, regulate engineering codes and work with building inspectors in every corner of North Carolina. If you’re interested in a career that will help make North Carolina a safer and better place to live while working with some of the best professionals in the industry, apply today!
Primary Purpose of the Position: This position will report to the Financial Manager. The position is critical to ensuring that daily financial functions are performed accurately and timely. Position will ensure financial data from other agencies are correctly recorded in NCFS. Discrepancies must be identified and investigated timely. Issues must be rectified quickly based on the source of the problem or escalated to management. Position shall ensure proper audit trail is provided and proper supporting documentation is maintained for financial transactions. This position will assist with the preparation of the Annual Comprehensive Financial Report (ACFR) each year and is a member of the EAGLE Team responsible for performing risk assessments and ensuring the department’s adherence to proper internal controls.

Requirements

• Bachelor’s degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and two years of professional accounting/auditing experience in the preparation of interpretive or analytical accounting. financial statements and reports; or equivalent combination of education and experience.

Nice To Haves

• Experience using North Carolina Financial System (NCFS) and/or other electronic accounting systems
• Experience with applying accounting judgment and theory to a wide variety of situations that are not covered by regulations or precedent
• Experience with executing the fixed asset functions: recording, tagging, and executing physical inventory for an organization.

Responsibilities

• Prepare various journal entries, bank reconciliations, reports and analysis.
• Ensure financial data from other agencies is correctly recorded in NCFS.
• Perform cash management task of preparing positive pay files daily for the Volunteer Safety Workers’ Compensation Fund and the Firefighter Cancer Fund for submittal to the Department of State Treasurer.
• Process Stop Pay and check inquiry requests in CORE Banking system and perform general accounting task of recording monthly STIF interest earnings.
• Execute fixed asset functions: recording, tagging, and physical inventory, along with addressing surplus items in accordance with departmental and state policies and procedures.
• Assist with the preparation of the Annual Comprehensive Financial Report (ACFR) each year and is a member of the EAGLE Team responsible for performing risk assessments and ensuring the department’s adherence to proper internal controls
• Provide additional assistance with routine and non-routine requests for information from various parties.

Benefits

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA
• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level