Senior Accountant

Armed Forces Benefit Association • Alexandria, VA • 19h ago

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.

Below are some of the major job responsibilities:

Monthly Reconciliation and Reporting

Reconciling member contribution revenue and death claims expenses to subsidiary ledgers.

Preparing related journal entries, reports, and supporting analysis.

Premium and Retention Reporting

Preparing monthly retention and premium reports for policies underwritten by 5Star Life and New York Life.

Handling associated journal entries, census, and bank reconciliation reporting.

National Guard Pool Accounting

Managing monthly accounting for National Guard pools and associations.

Includes journal entries, reconciliations, experience refunds, and census reporting.

Receivables and Payables Reconciliation

Reconciling member receivables, claims payables, experience refund payables, and advanced contributions.

Audit and Year-End Support

Assisting with year-end closing and both internal and external financial audits.

Supporting research and resolution of accounting issues.

Education, Licensure, Certification, and Experience

Bachelor's degree in accounting

Minimum of 5 years related work experience, handling various accounting functions, with a demonstrated track record of accomplishment

CPA, or active CPA candidate

Strong understanding of GAAP accounting and willingness to research and resolve accounting issues

Advanced proficiency in MS Excel a must

Experience in Infor, Lifepro, Fineos applications a plus

Strong analytical skills with ability to analyze and summarize large amounts of financial data and prepare accurate management reports in a timely manner

Self-starter, with the ability to work independently, with minimal supervision

Ability to work cooperatively and collaboratively with employees at all levels in a multi-organization structure, as well as with third parties

Detail oriented and organized in work habits

Ability to consistently meet assigned deadlines

Excellent written and verbal communication skills

Knowledge, Skills, and Abilities

Strong organizational skills and ability to prioritize tasks and meet deadlines

Strong interpersonal, communication and written skills

Ability to handle confidential company information with sound judgment and discretion

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

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