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Staff Accountant

Company: United Educators
Location: Bethesda
Posted on: May 14, 2022

Job Description:

United Educators (UE) provides liability insurance and risk management services to almost 1,600 members representing K-12 schools, colleges, and universities throughout the United States. With 35 years serving education, we bring deep expertise to our members and focus on delivering an experience that leaves them feeling confident that we understand their needs and offer insights and solutions suited for their unique challenges. These sentiments are echoed in our employee culture, our commitment to diversity, equity, and inclusion enables us to better serve our members and fulfill UEs mission. Currently, we are working in a hybrid-style environment.
Do you have perseverance and grit? Are you resilient in the face of change? Do you enjoy working hard with a team that will support you? Our team takes pride in meeting challenges with resourcefulness and producing high quality work to support ever changing financial needs of the Company. We are looking for a business savvy individual who takes initiative, seeks improvement to processes, and thrives in a fast paced environment. If this sounds like you, apply now.
The Staff Accountant will prepare accounting schedules, exhibits and summaries to reconcile and report financial data. The role will research and resolve outstanding issues and variances in all areas of position responsibility. In addition, the Staff Accountant will ensure regulatory compliance by preparing quarterly and annual regulatory statement schedules and documents, support accounting operations by researching and responding to control exceptions, and prepare invoices and maintain vendor files. This position is expected to work independently, exercise judgement, appropriately handle sensitive information, and effectively collaborate across departments.

MAJOR DUTIES AND RESPONSIBILITES

  • Contribute to the cyclical financial closing of UE and subsidiaries in accordance to department deadlines. Prepares work papers, schedules, and reports to support account balances and transactions. Follows up and resolves outstanding issues and variances.
  • Prepares monthly closing entries required for consolidation of financial statements and verifies accuracy.
  • Develops spreadsheets and reports as required to provide information in a format that is understandable to others.
  • Prepares schedules for quarterly and annual NAIC statements, and files with state insurance departments and regulatory agencies as required.
  • Keeps up to date with current accounting rules and regulations, and proposes changes based on knowledge of these rules.
  • Prepares invoices for Canopy sales and follows up regularly on outstanding receivables.
  • Supports accounts payable by updating vendor files, following up on control exceptions, cutting physical checks, preparing wire transfer requests and following up on inquiries.
  • Prepares and files 1099 forms, Maryland Personal Property tax return and other regulatory reports.
  • Manages and reconciles fixed asset schedule.
  • Participate in or lead the planning and implementation of projects and initiatives.
  • Performs other duties as assigned.
    MINIMUM REQUIREMENTS
    • Three to five years of experience in an Accounting department
    • Accounting degree or related discipline
    • Proficient in Microsoft Excel, Word, and Outlook
    • Working knowledge of computerized accounting systems
    • Excellent written and oral communication skills
    • Knowledge of accounting transactions
    • The ability to thrive in an atmosphere of constant change

Keywords: United Educators, Bethesda , Staff Accountant, Accounting, Auditing , Bethesda, Maryland

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