Accounts Payable/Accounts Receivable Specialist

UFG Insurance•Cedar Rapids, IA

8d•$22 - $25•Hybrid

About The Position

UFG is currently hiring for an Accounts Payable/Accounts Receivable Specialist who will be responsible for payment of invoices for all companies, issuing and printing daily checks, daily disbursement balancing and performing month-end balancing procedures for disbursement by company. This role will assist with the company credit card program, including the approval of employee travel and expense reports for reimbursement through the Concur platform. This position will also perform accounts receivable responsibilities, support payment-related requests from Auditors and other Corporate Finance team members and assist with projects as requested. This role will require 3-4 days on site in Cedar Rapids, Iowa

Requirements

Accounting associate degree or commensurate experience in accounts payable/receivable
2-3 years of accounting experience; both accounts payable & accounts receivable
Proficiency in accounting software
Strong Excel skills
Analytical and problem-solving skills with attention to accuracy and detail
Strong organization and time management skills
Strong attention to detail and accuracy
Ability to handle multiple priorities, meet deadlines, and work effectively in a dynamic environment.
Ability to work both independently and collaboratively in a team setting
Excellent verbal and written communication skills
Critical thinking and problem-solving skills
Self-motivated

Nice To Haves

Prior property & casualty insurance experience preferred

Responsibilities

Process invoices for payment via check, EFT, or credit card. Verify purchase orders, vendor invoices for proper approval and accurate coding by general ledger account, branch & department, and state when required.
Issue daily checks and EFT/ACH’s.
Process manual ACH’s and payroll ACH’s, voids and stop payment of checks through the online banking system.
Effectively communicate with vendors and employees regarding invoices and payments.
Assist with employee Travel and Expense reports in Concur for reimbursement, monitor reports for compliance within the Corporate Travel Policy and proper expense coding.
Assist with the company credit card program, including– review of daily general ledger entries, balance statements and prepare journal entries, request and cancel cards, assist with employee inquires and fraudulent charges.
Complete daily and month end balancing activities and other treasury activities.
Balance the Daily Claims Spreadsheet and resolve reconciling items as appropriate
Assist with Form 1099 corrections and year-end processing
Perform Accounts Receivable responsibilities
Process cash receipt entries
Claims system coding and cash receipts
Preparation of timely and accurate information concerning cash, checks, electronic money and bank deposits
Process foreign cash and code sheets
Research and assist in the resolution of discrepancies related to accounts payable/receivable and balancing issues
Prepare SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
Assist with audit requests, including internal controls and testing evidence.
Participate in continuous improvement initiatives aimed at optimizing processes, standardizing reporting, and automating data flow.
Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
Perform other duties as assigned, including perform back-up functions for Corporate Finance