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Senior Accountant
- Armed Forces Benefit Association (Alexandria, VA)
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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
+ 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 ([email protected]) ([email protected]). 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.
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