Senior Accounting Coordinator

Allied Solutions • Batavia, IL

268d

About The Position

The Accounting Senior Coordinator is responsible for ensuring the timely verification and payment of premium and refunds for CPI policies and maintaining accurate files for each transaction. The Senior Coordinator will also generate reports for commission and process commission payments through our general ledger and bank. The Senior Coordinator would process refund payments through our general ledger that communicates with our online banking. Accounting Senior Coordinators are also responsible for creating refund checks and processing incoming premium checks through our general ledger and online banking system. The Senior Coordinator will also reconcile all transactions on a daily basis.

Requirements

• HS Diploma required.
• 5+ years of relevant work experience required.

Responsibilities

• Verify the payment method for each lender and confirm premium amount approved for posting prior to processing in UniTrac.
• Verify the statement of refunds matches what is being posted in Unitrac prior to processing.
• Confirm and organize refund posting statements depending on payment method.
• Maintain accurate files and documentation for each financial transaction.
• Enter refund payment EFT/check in our general ledger.
• Post premium checks received in the mail in Unitrac, enter in the general ledger, and deposit into the bank.
• Generate a daily commission report, check for accuracy and account for any discrepancies.
• Enter monthly remit transfers in the bank and general ledger for commission payments to underwriters.
• Notify lenders of incoming ACH's after premium and refund payments have been processed.
• Confirm that each transaction posted in Unitrac has had a corresponding financial transaction.
• Account for all discrepancies prior to month end.
• Back up on past dues emails to notify lenders that they have loans that need to be funded.
• Process incoming mail from lenders.
• Provide support documentation to lenders when their GL's are out of balance.
• Put together annual external audit samples.
• Reinstate policies that were cancelled in error.

Benefits

• Medical, dental and vision insurance coverage.
• 100% company-paid life and disability coverage.
• 401k options with company match.
• Three weeks PTO by the end of the first year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Merchant Wholesalers, Nondurable Goods
• Education Level: High school or GED