About Armed Forces Benefit Association (AFBA) and 5Star Life

In 1947, AFBA emerged from the basement of the Pentagon to solve a critical need in support of the military. More than 75 years later, our commitment to those who serve and to solving their unique problems remains core to everything we do. Founded to provide military members with a death benefit no one else would, we continue to embrace our mission and deliver benefits tailored to the real-life needs of all who serve today, including active duty, National Guard, and first responders. Providing protection to those who go in harm's way, we ensure survivor and other benefits are available to all who serve, defend, and protect our great nation, no matter what. 5Star Life Insurance Company was founded in service and carry that mission today by committing to serve those who serve, from underwriting benefits for military and first responder families to providing coverage to the employees that keep our communities running. Our commitment to our communities - rather than the bottom line- drives our business.

We offer a flexible hybrid work environment, allowing you to enjoy the best of both worlds with 3 days in the office and up to 2 days working remotely each week. This position is in Alexandria, VA.

About the role:

5 Star Life Insurance Company is seeking a Treasury Accountant to assist in our Treasury Function. This role is essential in performing various cash, disbursement, and cash accounting activities that are critical to the financial operations of the company. The Treasury Accountant will focus on general ledger duties within the department, which includes the entry of daily electronic payments, cash-related journal entries, bank reconciliations, and responding to audit inquiries.

The position also involves preparing cash forecasting and liquidity projections, assisting in the development of cash trend reports and summaries, and contributing to the preparation of monthly key cash performance-indicator metrics reports. Responsibility for complying with state requirements for coordinating the reporting and filing of unclaimed property reports by the required due dates. An element of the position requires timely and accurate production of various assigned state insurance department regulatory filings.

Below are some of the major job responsibilities:

Cash Management and Accounting: Enter and record daily electronic payments, monitor cash levels, analyze cash balances, and prepare bank reconciliations.

Financial Reporting and Compliance: Assist in the preparation of financial statements, month-end closing, and ensure compliance with state requirements for unclaimed property reporting and regulatory filings.

Issue Resolution and Process Improvement: Investigate and resolve payment issues, track and review disbursement activities, and work with internal and external partners on process improvements.

Communication and Coordination: Act as a liaison with other work groups to ensure accurate cash accounting, assist online banking users, and communicate effectively with management regarding cash balance and funding needs.

Administrative and Project Support: Perform various project-related tasks, handle daily administrative duties, and ensure compliance with company data standards and integrity.

EDUCATION AND EXPERIENCE

4-year accounting degree or equivalent combination of education and experience.

Minimum 1-2 or more years of related work experience.

Benefits we offer:

health insurance (medical, dental, and vision)

flexible spending accounts (medical and dependent care)

401k plan with generous employer match

paid time off

paid holidays (12)

life insurance

short- and long-term disability insurance

employee assistance program

professional development & tuition reimbursement

career growth opportunities

on-site gym and locker rooms (Alexandria, VA office only)

friendly, collaborative culture

Qualified people of all races, ethnicities, ages, sex, genders, sexual orientations, national origins, gender identities, marital status, religions, veterans' statuses, disabilities, and any other protected classes are strongly encouraged to apply. As an equal opportunity workplace, we are committed to creating an inclusive environment for all employees. AFBA and 5Star Life Insurance Company endeavors to make reasonable accommodations to the known physical or mental limitations of qualified applicants with a disability unless the accommodation would impose an undue hardship on the operation of our business. If an applicant believes they require such assistance to complete the application or to participate in an interview, or has any questions or concerns, they should contact Human Resources (hr@afba.com) (hr@afba.com). EEO is the Law (https://www.eeoc.gov/sites/default/files/migrated\files/employers/poster\screen\reader\optimized.pdf) (Link to external DOL site). AFBA and 5Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.

Armed Forces Benefit Association

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