Senior Accountant

Senior Accountant (Johnston, RI) AIPSO is a management organization and service provider for various insurance industry groups responsible for administering the residual market. We are a national organization that serves local customer needs. Centralization and standardization are key to many AIPSO services because of the inherent economies of scale and other efficiencies. However, our organization is based on customer focus and recognizes the need for flexibility in serving customer groups with diverse interests. Essential Duties & Responsibilities Compile and analyze financial data from various sources to prepare accounting entries for the general ledger. Includes validating and importing information. Cash management monitoring of bank account balances to ensure balances are supportive for Plan needs. Includes an understanding of web-based banking software. Reconcile all monthly insurance details for policy and claim administration and report results to the industry. This includes the monthly reporting to the fronting company to ensure we are in compliance with our agreement. Analyze financial information detailing assets, liabilities, and capital, and prepare balance sheet reconciliations. Reconciliations include proper support to validate the balance in the general ledger account. Prepare quarterly and annual audited financial or statutory statements and accompany workpapers and footnotes. Submit to individual state insurance departments, external audit firm, and various Boards/Committees. Requires familiarity with

GAAP/NAIC

reporting requirements and ability to follow reporting procedures with minimal supervision. Required to use statutory concepts and GAAP principles to ensure reporting is in compliance. Prepares, examines, and analyzes accounting records, financial statements, and other financial reports to assess accuracy and conformance to reporting standards. Education Bachelor's degree (BA/BS) from an accredited college or university majoring in Accounting preferred. Additional appropriate experience may be considered in lieu of a degree. Experience 5 or more years of accounting experience and knowledge of accounting principles and the ability to determine a course of action based on these principles. Skills & Knowledge Proficient in the use of Microsoft Office productivity tools (e.g., Outlook, Word, Excel) to manage work. Effective problem-solving skills, including ability to analyze issues, find the root cause of the problem, and consider a wide range of alternatives before acting. Demonstrate strong verbal and written communication skills, including ability to effectively present information and respond to questions from groups or individuals. Ability to multi-task and demonstrate flexibility while maintaining attention to detail. Demonstrate excellent organizational skills. Ability to work independently and interact professionally and effectively in a team environment. Demonstrate excellent customer service skills by being able to follow directions and interpret customer needs. Exposure to the insurance industry and working knowledge of residual market mechanisms. Salary Range $65,000 - $103,800 Annual. Actual salary for this position will be determined by a number of factors, including the scope, complexity, and location of the role as well as the cost of labor in the market; the skills, education, training, credentials, and experience of the candidate; internal equity and other conditions of employment. AIPSO is an equal opportunity employer. To this end, all employment related decisions are made on a non-discriminatory basis and in full compliance with federal, state, and local laws prohibiting discrimination in employment. This is a non-management position This is a full time position