Staff Accountant

Armed Forces Benefits Assoc.•Alexandria, VA

15d•Hybrid

About The Position

In 1947, AFBA emerged from the basement of the Pentagon to solve a critical need in support of the military. More than 75 years later, our commitment to those who serve and to solving their unique problems remains core to everything we do. Founded to provide military members with a death benefit no one else would, we continue to embrace our mission and deliver benefits tailored to the real-life needs of all who serve today, including active duty, National Guard, and first responders. Providing protection to those who go in harm’s way, we ensure survivor and other benefits are available to all who serve, defend, and protect our great nation, no matter what. 5Star Life Insurance Company was founded in service and carry that mission today by committing to serve those who serve, from underwriting benefits for military and first responder families to providing coverage to the employees that keep our communities running. Our commitment to our communities – rather than the bottom line- drives our business. We offer a flexible hybrid work environment, allowing you to enjoy the best of both worlds with 3 days in the office and up to 2 days working remotely each week. This position is in Alexandria, VA General Description: Assists the Finance Team by supporting the accounts payable function, reconciling general ledger accounts on a monthly basis, analyzing insurance premium/claims data, developing journal entries, preparing financial reports, and maintaining accurate financial records. Key duties include verifying financial data, bank reconciliations, assisting with Statutory and GAAP reporting and supporting the premium tax compliance, 1099 and regulatory reporting functions.

Requirements

4 year accounting degree required
Minimum 2+ years of hands-on corporate general ledger accounting experience
Must have Advanced Excel skills – VLOOKUP, Pivot tables, SUMIF
Strong organizational skills and ability to prioritize tasks and meet deadlines
Dedication, attention to detail and ability to handle significant, complex and often time-consuming intercompany allocations of expenses
Strong interpersonal communication and written skills and ability to work effectively with our Finance Team, vendors, agents and a variety of individuals within the organization, to include senior management
Ability to handle confidential company information with sound judgment and discretion
This role requires strong organizational, time management, and communication skills
Hands-on accounting system skills in general ledger and accounts payable modules

Nice To Haves

Knowledge of Infor Cloud general ledger or ERP accounting software is a plus
Insurance company experience is a plus
Accounts Payable experience

Responsibilities

Execute GL closing activities, journal entries (accruals, reclassifications), and bank reconciliations for monthly, quarterly, annual financial closing processes.
Prepare and analyze financial statements, general ledger reconciliations, and identify and research variances.
Ensure adherence to GAAP, Statutory Accounting Principles (SSAP), and internal controls; assist auditors and regulators.
Prepares monthly bank reconciliations in a systematic, timely and accurate manner
Support year-end preparation of Federal Form 1099s and assist in the timely filing.
Prepare general ledger reconciliations and accounting journal entries as assigned
Maintain accurate financial records and historical documentation for auditing purposes.