Summary: Provides support to the Society's financial reporting and accounting operations. Primary focus will be on processing investment transactions, preparing accounting entries, preparing funding requests, reconciling certain investment accounts and processing accounts payable. Provides support to the finance team by carrying out a variety of tasks and procedures in a professional and confidential manner.Essential Duties and Responsibilities:
- Assist the senior accountant with accurate preparation and completion of investment reporting requirements.
- Validate Commercial Mortgage Loan ( CML ) receipts are properly recorded and applied to customer accounts.
- Track Private Equity funding requirements, distributions, and ensures activity is properly processed and reported in the Society's general ledger.
- Prepare monthly reports for the Investment Advisory Group.
- Maintain files summarizing investment activity.
- Prepare month end investment accounting entries.
- Reconcile and resolve certain investment balances.
- Provide regulatory filing support for investment activity.
- Process the Society's general disbursements through its accounts payable system.
- Support the senior accountant in resolving investment transactions discrepancies between the Society's investment system, asset managers, and trustee.
- Perform other duties assigned by the senior accountant and Controller.
Supervisory Responsibilities:This job has no supervisory responsibilities.Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education and/or Experience:Associate degree in accounting or finance; or one to three years of related experience and/or training; or equivalent combination of education and experience.Certificates, Licenses, Designations, Registrations: Successful completion of the Life Office Management Association (LOMA) certifications and designations: Customer Essentials Certificate; Associate, Customer Service (ACS); and Associate, Insurance Regulatory Compliance (AIRC), required.Core Competencies: To perform the job successfully, an individual should demonstrate the following core competencies: Communicates Clearly and Effectively; Achieves Results; Builds Partnerships; Thinks Strategically; and Adapts to and Promotes Change.Technical Competencies:Mathematical Skills: Ability to perform basic math and calculate and apply concepts of simple algebra.Computer Skills: Microsoft Word, Excel, PowerPoint, Outlook, ProFinancial (accounting software), Wings (statement software).Industry Competencies:Experience in an Accounting Department within a financial or insurance organization is a plus.Language Skills:Ability to read, analyze, and interpret general business periodicals, professional journals, and technical procedures. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from individuals and groups.Reasoning Ability:Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds.Work Environment: This position offers a hybrid work environment, allowing flexibility to work both from home and in the office. In-office work may vary based on business needs. While the exact frequency of in-office work is subject to change, the role requires adaptability to meet the evolving demands of the business area. The noise level in the office is moderate, providing a comfortable environment for focused work. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable on-site accommodation may be made to enable individuals with disabilities to perform the essential functions. The organization values work-life balance and strives to maintain a flexible and collaborative environment for all employees.