General Description: Corp AC Staff Accountant -- Direct Bill is responsible for collecting commissions payable and completing monthly reconciliations for the Corporate Accounting Center.
Process benefits and personal lines direct bill commissions via One-Step in Sagitta. Search clients/policy numbers and enter premiums and commissions from statement received from insurance carrier.
Process commercial lines direct bill commissions through Company Bill in Sagitta. Match up what has been invoiced by Account Managers on Company Bill screen to what appears on statement from insurance carrier. If a discrepancy, research by contacting appropriate account manager.
Process due company statements. Involves researching to make sure money has not already been taken by the insurance carrier on the current statement. If okay to pay, process the statement via One-Step in Sagitta. Complete a check request form and give to Vendor Payables for payment to carrier.
Direct Bill G/L Accounts. Involves pulling the GL report for the suspense account the first of the month and making sure all debits and credits zero out. Must be completed by end of the 2nd working day of the month. What remains should be your accrual for the following month. Prepare an accrual entry for Manager's approval.
Aged Accounts Receivable. Involves researching items on the report that are over $500 and 90 days old. This includes searching in Sagitta for possible double invoicing, items coded to a wrong department, etc. May involve contacting account managers, and carriers to resolve.
Process journal entries as required in Sagitta. Mainly used to move money out of the suspense account to revenue/fee accounts or to other suspense accounts.
Bank Reconciliations -- Make sure all deposits that are in the bank account have been receipted.
Knowledge, Skills and Abilities:
Associates Degree or 2+ years of accounting experience desired; BA/BS a plus
Knowledge of general accounting
Insurance Industry Experience is a plus
MS Office and Excel proficiency required
Strong work ethic with a defined sense of urgency
Organized self-starter that works well in a team environment
Strong attention to detail and retention of pertinent information
Accurate and Fast Data Entry