Staff Accountant

TRANZACT • Fort Lee, NJ

19h • $70,000 - $75,000 • Hybrid

About The Position

TRANZACT is a leading direct-to-consumer insurance services business, specializing in the distribution of Medicare Advantage, Medicare Supplement and Life & Supplemental insurance policies. Our focus is on leveraging our highly skilled team of over 3,000 professionals to deliver innovative solutions for our insurance carrier partners and provide consumers with a best-in-class experience.
We work with some of America’s largest insurance brands to attract, educate and connect with consumers. Our diverse team of analysts, writers, engineers, designers, business leads, data scientists and sales professionals all work together to create thoughtful, data-driven and effective marketing, technology, sales and servicing strategies. These efforts have resulted in TRANZACT earning recognition and winning awards from some of the biggest names in the industry.
When you become part of TRANZACT, you join a team of passionate people who push for excellence, follow through on commitments, and love to succeed together. Our culture rests on a simple principle – “Be Real” – that means being genuine, keeping your word, and having the courage to make tough decisions. Our “Be Real” values resonate and are meaningful to us. We are entrepreneurial, fast paced and empower our people. We know how to make things happen and know that our people are always the source of our success.
Position Summary
The Staff Accountant will be responsible for executing a variety of accounting processes while also providing support with the team working directly with the profitability of the business. The position will interact across the organization with business stakeholders, multiple departments, and clients. The position will offer opportunities to be challenged technically and grow within the organization. The ideal candidate will be self-motivated and driven with high attention to detail. This role is a hybrid role in the office on Tuesdays/Thursdays.

Requirements

• Bachelor’s degree in accounting
• Critical thinking and high attention to detail
• Strong mathematical and analytical skills
• Organized and strong time management skills
• Proficiency in Excel
• Excellent interpersonal, written and verbal communication skills
• 3+ years of accounting experience
• Strong knowledge of GAAP

Nice To Haves

• Experience working with NetSuite a plus

Responsibilities

• Manage the capitalization and reporting of monthly fixed asset and depreciation activity.
• Understand carrier commission statement activity to appropriately allocate payments and provide additional analysis as needed.
• Work with colleagues across the organization to resolve discrepancies.
• Perform month end closing processes including journal entries, account analysis and internal reporting.
• Reconcile general ledger accounts to ensure accurate reporting and ledger maintenance.
• Participate in weekly cash analysis discussions to provide insight into carrier payments.
• Responsible for the daily reconciliation of bank activity.
• Assist with external audit requests.
• Identify opportunities for process improvement including the use of AI and assist in implementing changes to increase efficiency and accuracy in financial operations.
• Perform other duties as required to support the understanding and analysis of the profitability of the company and related lines of business.
• Special projects as needed.
• Participate in and contribute positively to work/team environment.
• Ability to work in a fast-paced environment.

Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits: Savings Plan with annual nonelective company contribution.

What This Job Offers

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