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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, VA

General Description: Assists the Finance Team by supporting the accounts payable function, reconciling general ledger accounts on a monthly basis, analyzing insurance premium/claims data, developing journal entries, preparing financial reports, and maintaining accurate financial records. Key duties include verifying financial data, bank reconciliations, assisting with Statutory and GAAP reporting and supporting the premium tax compliance, 1099 and regulatory reporting functions.

Essential Duties and Responsibilities

+ Execute GL closing activities, journal entries (accruals, reclassifications), and bank reconciliations for monthly, quarterly, annual financial closing processes.

+ Prepare and analyze financial statements, general ledger reconciliations, and identify and research variances.

+ Ensure adherence to GAAP, Statutory Accounting Principles (SSAP), and internal controls; assist auditors and regulators.

+ Prepares monthly bank reconciliations in a systematic, timely and accurate manner

+ Support year-end preparation of Federal Form 1099s and assist in the timely filing.

+ Prepare general ledger reconciliations and accounting journal entries as assigned

+ Maintain accurate financial records and historical documentation for auditing purposes.

Education, Licensure, Certification, and Experience

+ 4 year accounting degree required

+ Minimum 2+ years of hands-on corporate general ledger accounting experience

+ Must have Advanced Excel skills – VLOOKUP, Pivot tables, SUMIF

+ Knowledge of Infor Cloud general ledger or ERP accounting software is a plus

+ Insurance company experience is a plus

+ Accounts Payable experience

Knowledge, Skills, and Abilities

+ Strong organizational skills and ability to prioritize tasks and meet deadlines

+ Dedication, attention to detail and ability to handle significant, complex and often time-consuming intercompany allocations of expenses

+ Strong interpersonal communication and written skills and ability to work effectively with our Finance Team, vendors, agents and a variety of individuals within the organization, to include senior management

+ Ability to handle confidential company information with sound judgment and discretion

+ This role requires strong organizational, time management, and communication skills

+ Hands-on accounting system skills in general ledger and accounts payable modules

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.