Accountant-USA-NE
At a glance
Mid-level Accounting role at Starr. 399 Park Avenue-New York, NY · full-time · $90,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Keep the general ledger current by preparing journal entries and supporting monthly and quarterly close work
- Track operating expenses by month, company and department, and review balance sheet accounts each month
- Reconcile carrier settlements and premium bank accounts, then record the entries needed for close
- Help prepare financial statements, management reports and tax packages, and gather records for audits
- Maintain 1099 recipient details and prepare general ledger entries for wire transfers
What you bring
- You have three to five years of accounting experience, preferably in insurance
- You bring expertise using Workday and hold an accounting degree
- You are organized enough to maintain reconciliations, schedules and supporting records
Who this fits
This mid-level accounting role suits someone comfortable with recurring ledger, reconciliation and close responsibilities. You’ll also back up intercompany analysis, billing and payments, and annual tax work.
From the employer
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Major roles and responsibilities of the position include but are not limited to the following:
- Assist in maintaining general ledger and preparing monthly and quarterly journal entries within the required timeframe.
- Assist in maintaining Workday general ledger database, participating in ongoing enhancements, discussing/resolving issues with immediate superior.
- Maintain a spreadsheet for all Operating Expenses by month, by company and by department.
- Reconcile and analyze various balance sheet accounts on a monthly basis.
- Assist with Bank reconciliations
- Responsible for the preparation and reconciliation of all carrier settlement entries including all cash and/or balance sheet entries.
- Act as a back-up for the intercompany receivable and payable account analyses and in the billing, collection, and/or payment of any balances due.
- Assist with the preparation of monthly, quarterly and annual financials and management reports.
- Act as a back-up for preparation of annual Federal and State tax packages; preparation and proper filing of various monthly, quarterly and annual taxation forms and fees and maintain records of schedules of regulatory requirements.
- Gather and produce general ledger reports and work papers needed to prepare various tax schedules.
- Assist all departments in the research and compilation of financial information for all audits, legal and tax requirements.
- Organize and maintain 1099 recipients data and ensure all recipients receive accurate information.
- Reconcile all premium related bank accounts and pass the needed entries in order to complete in time for the monthly close.
- Prepare wire transfer entries for the general ledger.
- Additional assignments/projects that may be assigned by the Director, Agency Accounting or Comptroller/CFO.
Requirements for this role
3-5 years' experience prefer in the insurance industry
Workday expertise
Accounting degree
Organizational skills
An estimated salary range for this role is around $90,000.00
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.