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ELCO Mutual Life and Annuity

Staff Accountant

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Job Description

Staff Accountant ELCO Mutual Life and Annuity - 4.9 Lake Bluff, IL Job Details Full-time $65,000 - $75,000 a year 1 hour ago Benefits Health savings account Health insurance Dental insurance 401(k) Flexible spending account Tuition reimbursement Paid time off Parental leave Vision insurance Professional development assistance Life insurance Retirement plan Paid sick time Qualifications Investment Microsoft Excel Interpersonal skills Corporate accounting Analysis skills Bachelor's degree Attention to detail Licensed Certified Public Accountant (Illinois) Productivity software Manual handling Data analysis software
Full Job Description Staff Accountant Job Title :
Staff Accountant Department :
Accounting Reports to :
Controller Job Type :
Full-Time FLSA status Exempt ELCO's Expectations For All Employees As an ELCO employee you will be responsible for understanding, practicing, and promoting ELCO's Purpose Statement. ELCO will cultivate, nurture, and enhance long standing relationships with insurance professionals and policyholders by being a trusted partner providing tailored solutions to achieve financial goals. You will demonstrate the ability to provide outstanding customer service to both internal co-workers and external insurance professional and policyholders by modeling the following traits:
  • Reliability
  • Accountability
  • Knowledge of ELCO's products
  • Ability to create and sustain positive connections with clients
  • Commitment towards continuous learning to ensure exemplary performance and high-quality work product You will demonstrate an understanding that all successful organizations need for their employees to share pertinent information in a timely manner to the appropriate parties and constantly demonstrate that understanding.
Position Summary The Staff Accountant performs professional accounting and financial analysis responsibilities requiring the application of accounting principles, specialized accounting knowledge, and independent judgment. The position is responsible for analyzing and interpreting financial information, preparing statutory and other financial reporting, supporting investment and reinsurance accounting, performing account reconciliations and financial analysis, and providing accounting expertise in support of ELCO's financial operations.
Job Responsibilities:
Utilizes general accounting and financial principles and techniques, and assists in obtaining, assembling, evaluating, interpreting, recording and analyzing financial data. Thorough knowledge in preparation of vouchers, bank reconciliation, cash flow statement. Preparation of Statutory Accounting Financial Statement for Life Insurance Companies Investment Accounting- compilation and validation of reports , Reconciliation of Custodian details with Clearwater Reports Overseeing Reinsurance Reporting and Billing aspects. Performs and/or assists in performance of financial analysis, as directed. Prepares analytical schedules, analyzes variances and provides analytical support for internal requests. Working collaboratively within the team, across the department and individuals external to ELCO Works directly with the Controller and the CFO to provide timely and accurate financial statement data. Work with the auditors and coordinate the information requests. Reviews of various reports on a daily basis Review and analyze data as a subject matter expert for the Accounting Department. Participate in a wide variety of special projects and compile a variety of special reports. Conform with and abide by all regulations, policies, work procedures and instructions. Provides financial analysis, with emphasis on capital Investments, pricing decisions, and contract negotiations Other duties as assigned
Success Factors:
To be highly organized, detail oriented, able to set priorities and work in a fast-paced environment, manage time effectively and multitask with daily interruptions Solid decision-making skills and excellent problem solver Self-motivated, strong work ethic, positive attitude and ability to take direction Good verbal and written communication skills Thorough knowledge and understanding of accounting concepts and principles Must be able to demonstrate initiative to thoughtfully and fully research and follow-up on non-standard situations to ensure compliance with company policies and procedures Strong analytical skills Ability to effectively manage multiple tasks and to meet deadlines Ability to complete projects and assignments with minimal supervision Willingness to work extra hours during year-end/quarter-end deadlines.
Qualifications:
Bachelor's degree in accounting or finance, CPA preferred or CPA candidate 3-5 years of accounting experience Proven understanding of accounting principles such as cash and accrual accounting Strong knowledge of Microsoft Office Suite and other business-related software systems Advanced Excel skills: VLOOKUP, pivots, graphs, charts, data analysis, etc Finance Services/Insurance background preferred Demonstrated ability in preparing financial statements Experience in statutory accounting of insurance companies will be an added advantage Experience in working on Investment Accounting utilizing Clearwater software
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Physical demands: Constant use of both hands, arms reaching handling/ grasping/fingering while keyboarding, using phone, calculator, and other office equipment, writing instructions, filing and performing other administrative duties.
Employees must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.
    Work Environment:
    The noise level in the work environment is usually minimal.
    Benefits:
    Competitive Pay Annual Bonuses Company contributions towards employee and dependent health, dental and life insurance plans Paid vacation and sick pay 401K Contribution Tuition Assistance Remote Work Opportunities 37-hour work week
    Job Type:
    Full-time Pay:
    $65,000.00 - $75,000.00 per year
    Benefits:
    401(k) Dental insurance Flexible spending account Health insurance Health savings account Life insurance Paid time off Parental leave Professional development assistance Retirement plan Tuition reimbursement Vision insurance
    Experience:
    Corporate accounting: 3 years (Required) Ability to
    Commute:
    Lake Bluff, IL 60044 (Required)
    Work Location:
    Hybrid remote in Lake Bluff, IL 60044

    Benefits

    • Paid Time Off (PTO)
    • Sick Leave
    • Financial Aid/Assistance
    • Professional Development