Job Details
Qualifications
- Office experience
Benefits
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Job Description
POSITION DESCRIPTION
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Department: Accounting
Job Title: Accountant
Job Grade: D Job# Acct. 5
Job Status (Exempt or Non-Exempt): Non- Exempt
Company Salary Allocation \*: MSRB \_X\_\_ MWUA \_X\_\_ MRPIUA \_\_X\_\_
\*Check the company or companies that apply.
Reports to (position): Accounting Supervisor
Basic Functions:
This position supports unit general ledger entries and financial statement preparation including expense and income allocations between the three operating entities (MSRB/MWUA/MRPIUA).
Processes checks, receipts, disbursements, makes ledger entries, monthly reconciliations, and monthly financial reports. Provides support for coordination and maintenance of the MWUA
& MRPIUA producer code assignments including updates to the master agent contact spreadsheet and policy system producer information entries.
Duties and Responsibilities:
- Daily – one of the Accounting Unit personnel supporting ACH bank transfer premium payments for MWUA and MRPIUA. Handle as appropriate FTACH and Management
ACH emails.
- Daily integration – policy system reports to general ledger – policy system batches to general ledger – handle daily deposits – bank transfers – monitor cash balances
- Daily – support back out returned ACH payments (if MRPIUA, call agent first) – place returned message in IR and send notice to insured/agent.
- Daily – participate in handling miscellaneous accounting requests – notification of returned checks
- Back up for agent producer code contact spreadsheet – policy system producer entries including new master or sub code agent producer code assignments. Backup for producer licensing review and coordination of actions required for expired licenses.
- Provide back up for coordination with Assistant Manager and MWUA/MRPIUA supervisors on agent acquisition, merger, or closing agreements or communications to coordinate proper handling for approval changes as required.
- Monthly – support the commission check process/ reconcile statements and cash receipts. Support the mailing of commission checks as needed.
- Monthly - support closeout integrations – premiums/losses/billings (policy system to general ledger)
- Monthly – support closeout for accounts receivable, accounts payable, investments, prepaids, reserves, losses, reinsurance, and MWUA non-admitted fee (MSLA).
- Monthly – support unclaimed property (uncashed checks) investigations. Support handling of those uncashed checks not resolved for submission to the state treasurer’s office every 3 years (unclaimed property process).
- Monitor and raise questions where needed for allocation of expenses between the 3 operating entities – provide quality control support on the allocation processes.
- Support asset management for tracking of purchases, disposals, depreciation, location and related information for financial reporting and tax reporting.
- Monthly – support processing and printing of commission statements for MWUA &
MRPIUA.
- Provide support to assist in projects and any annual or periodic examinations by independent parties
- Monthly – support the plans financial officer for preparation of financial statements for all 3 companies (MSRB/MWUA/MRPIUA).
- Perform additional duties as assigned by the chief financial officer and office management.
Job Type: Full-time
Pay: $45,202.98 - $58,050.89 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience level:
- 1 year
- 2 years
- 3 years
- 4 years
- No experience needed
Physical setting:
- Office
Schedule:
- Monday to Friday
Supplemental pay types:
- Yearly bonus
Work Location: In person