Staff Accountant
Job description
As the official insurance and risk management company for the worldwide Seventh-day Adventist Church, Adventist Risk Management®, Inc. (ARM) is devoted to finding Adventist professionals who are committed to the success of our clients and our organization. Joining ARM allows you to be part of a team of professionals committed to extraordinary customer service, a culture of diversity and inclusion, while working in a Seventh-day Adventist Christian environment.
You are encouraged to visit our website www.adventistrisk.org to learn more about ARM. We don’t view what we do as just a business; our ministry is to protect the ministries of the Seventh-day Adventist Church. This role serves as the primary owner of the Adventist Risk Management (ARM) placement accounting processes, reconciliations and accounting support for ARM’s Placement team.
In addition, it provides support for daily treasury controls and audit schedules for ARM and its affiliated entities. The role prepares and researches transactions but does not independently approve journal entries or release payments. Hybrid opportunities are available for this position from Silver Spring, MD. ESSENTIAL JOB FUNCTIONS : Serves as the main contact for all ARM Placement team department accounting transaction support.
Prepares monthly reconciliations for placement premium activity and works through outstanding items. Prepares monthly claims reconciliation for placement claims activity and works through outstanding items. Prepare supported journal entries, cutoff schedules, movement explanations and placement audit support for review.
Monitor daily disbursement controls exceptions within bank deadlines and route decisions to an independent approver. Match cleared checks, maintain the outstanding-check log and prepare stop-payment or reissue requests for approval. Assist with designing the accounting Placement structure and processes within ARM’s accounting software.
EDUCATION/EXPERIENCE/CREDENTIALS Bachelor’s degree in accounting or a related field required. Two or more years of progressive accounting experience is preferred. Insurance accounting experience and a CPA or equivalent professional accounting credential are preferred but not required. Candidates without prior insurance experience will be expected to complete introductory insurance education through The Institutes during their first year of employment.
Continuing professional education is supported and encouraged. KNOWLEDGE/SKILLS AND ABILITIES Knowledge of general ledger accounting and account reconciliation procedures. Ability to research and resolve premium-related differences. Strong Excel skills and accuracy in preparing supporting schedules. Ability to meet daily bank deadlines and document exception handling.
Understanding of segregation of duties and independent payment approval. Ability to maintain organized audit evidence and outstanding-item logs. Effective written and oral communication skills. Ability to follow written procedures and escalate unusual transactions. Good working knowledge of denominational organizational structure and culture preferred.
Adventist Risk Management, Inc (ARM) is a 501(c)(3) religious nonprofit corporation based in Maryland. ARM is an equal opportunity employer.
Description copied from Adventist Risk Management's careers page. Read the full posting before you apply.
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