Account Reconciliations Accountant
Posted 1 week ago by 1751087332
Negotiable
Outside
Remote
USA
Summary: The Account Reconciliations Accountant role at Independence Pet Holdings involves managing balance sheet account reconciliations within the insurance industry. The position requires a detail-oriented individual with a strong accounting background to ensure financial data integrity and accuracy. Responsibilities include preparing reconciliations, resolving discrepancies, and supporting audit requests. The role is remote and classified as outside IR35.
Key Responsibilities:
- Perform monthly, quarterly, and annual reconciliations of balance sheet accounts, including cash, commissions receivable/payable, premium liabilities, prepaid expenses, accrued expenses, intercompany balances, and other insurance-related accounts.
- Investigate and resolve discrepancies in a timely and efficient manner, collaborating with internal teams as needed.
- Ensure all reconciliations are properly supported and documented in accordance with internal controls and audit requirements.
- Monitor aging of reconciling items and follow up on resolution with appropriate departments.
- Assist in the month-end and year-end closing processes by preparing journal entries and supporting schedules.
- Work closely with the general ledger, revenue recognition, claims, and treasury teams to ensure proper accounting treatment of MGA-related transactions.
- Support internal and external audit requests related to reconciliations and balance sheet integrity.
- Identify opportunities for process improvements and automation to enhance reconciliation efficiency and accuracy.
Key Skills:
- Bachelor's degree in Accounting, Finance or equivalent experience.
- 3-5 years Accounting / Finance experience.
- Strong Microsoft Office skills.
- Intermediate Excel Skills.
- Strong attention to detail.
- Ability to manage tight deadlines, organize, and prioritize work independently.
- Superior quantitative and analytical skills.
- Demonstrated skills and capabilities in critical thinking, complex problem solving.
- Excellent verbal and written communication skills.
Salary (Rate): undetermined
City: undetermined
Country: USA
Working Arrangements: remote
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
Detailed Description From Employer:
Account Reconciliations Accountant
Location : Any US
Duration: 6 months; with possible extensions
Established in 2021, Independence Pet Holdings (IPH) is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.
We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach includes our own insurance carrier, insurance brands and partner brands.
Pets Best, a subsidiary of IPH, offers pet insurance and wellness plans for dogs and cats in every state. Founded in 2005 with a mission to provide access to comprehensive animal healthcare at an affordable price, Pets Best delivers flexible coverage, an easy claims process, and excellent customer service.
Job Summary:
We are looking for a detail-driven Account Reconciliations Accountant with experience in the Managing General Agent (MGA) or broader insurance industry. This role is responsible for preparing, reviewing, and resolving variances for a wide range of balance sheet account reconciliations, ensuring the integrity and accuracy of financial data in accordance with GAAP and company policy. . The ideal candidate will have a strong background in accounting, and a keen ability to manage high-volume reconciliations with accuracy and efficiency.
Main Responsibilities:
Perform monthly, quarterly, and annual reconciliations of balance sheet accounts, including cash, commissions receivable/payable, premium liabilities, prepaid expenses, accrued expenses, intercompany balances, and other insurance-related accounts.
Investigate and resolve discrepancies in a timely and efficient manner, collaborating with internal teams as needed.
Ensure all reconciliations are properly supported and documented in accordance with internal controls and audit requirements.
Monitor aging of reconciling items and follow up on resolution with appropriate departments.
Assist in the month-end and year-end closing processes by preparing journal entries and supporting schedules.
Work closely with the general ledger, revenue recognition, claims, and treasury teams to ensure proper accounting treatment of MGA-related transactions.
Support internal and external audit requests related to reconciliations and balance sheet integrity.
Identify opportunities for process improvements and automation to enhance reconciliation efficiency and accuracy
Qualifications:
Bachelor s degree in Accounting, Finance or equivalent experience
3- 5 years Accounting / Finance experience
Strong Microsoft Office skills
Intermediate Excel Skills
Strong attention to detail
Ability to manage tight deadlines, organize, and prioritize work independently
Superior quantitative and analytical skills
Demonstrated skills and capabilities in critical thinking, complex problem solving
Excellent verbal and written communication skills
Contract length 12 months
Preferred Qualifications:
Accounts Payables/ Receivables
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Pivot Tables
Experience in financial services and/or insurance industries
Demonstrated team player with ability to use personal influence and credibility to achieve results through cross-functional collaboration
Experience working in a fast-paced, changing environment