New

Senior Accountant - Insurance

Vaco
$55.00 - $70.00 / hr
United States, New Jersey, Warren
Jan 18, 2025
Senior Accountant Hybrid Work Schedule Responsible for the daily accounting activities related to loss transactions. Primary focus will be directed to ensure that accounting and banking transactions are conducted in accordance with policy, procedures, and contractual guidelines. Specific responsibilities include, but are not limited to the following: Review and certification of daily loss funding transactions and AP vouchers Process Journal Entries in assisting with the monthly/ quarterly closing responsibilities Perform / review monthly reconciliations and variance analysis of claim funding accounts. Address funding/banking issues as necessary Gain working knowledge of various policy/claim management systems Assist with organizing and processing quarterly accrual, reclass and adjustment entries Participate in financial and operational audits of TPAs Ensure TPA documentation and Insurance Certificates are up to date Perform special projects as necessary to support accounting and reporting Proficiently be able to work with and navigate large excel files Maintain professional working relationships with various TPA contacts. Communicate any noncompliance to leaders in a timely manner Work with both External and Internal Auditors ensuring that all work is conducted in accordance with required controls and procedures Identify process improvements and work with the finance, IT and operational teams team to implement the same Qualifications, Education & Experience: Degree in Accounting or Finance required (Minimum of Bachelors) At least 5 years of working experience in an accounting/finance role Reconciliation experience is mandatory Experienced accounting knowledge is required Knowledge, Skills & Competencies: Strong PC skills in Microsoft Office, most notably Excel (Access is a plus) Advanced Excel skills are required (Minimum 5 Years) Proven ability to work independently and within a team environment Must be detailed, organized, motivated, and possess strong analytical skills Excellent verbal and written communication skills Ability to perform and quickly learn new tasks with minimal direction Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.