Staff Accountant Commission & Accounts Payable

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 harms 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 :

Supports the Finance Team by administrating vendor payments and agent sales commissions involving processing invoices reconciling accounts preparing financial reports and maintaining accurate financial records. Key duties include verifying expenses managing the accounts payable and commission payment schedules bank reconciliations and ensuring compliance with accounting principles and company policies.

Who We Are Seeking :

A great candidate for this role is detail-oriented highly organized and able to manage complex financial processes with accuracy and discretion. We value individuals who demonstrate strong analytical skills and can independently resolve discrepancies while maintaining clear communication with internal teams and external partners. These qualitiesintegrity problem-solving ability and meticulous attention to detailcannot be taught and are essential for success in our collaborative fast-paced environment. The ideal candidate brings at least two years of hands-on experience in commissions accounts payable and general ledger accounting with advanced Excel proficiency (including VLOOKUP PivotTables and SUMIF). A four-year accounting degree is preferred and familiarity with LifePro and Infor systems as well as prior insurance industry experience is a plus. If you thrive on accuracy accountability and teamwork youll fit right in with our culture of excellence and reliability.

General Responsibilities :

• Manage all commission-related processes including adjustments verification against agreements and maintaining accurate balances in LifePro.
• Research and resolve inquiries on agent commissions while ensuring compliance with compensation procedures and 1099 reporting requirements.
• Perform monthly bank reconciliations general ledger reconciliations and prepare accounting journal entries accurately and on time.
• Review process and execute vendor invoices and payments; reconcile vendor statements and resolve discrepancies promptly.
• Maintain accurate financial records and documentation for audits including year-end vendor payment details for timely 1099 filings.

Benefits we offer :

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 (). EEO is the Law (Link to external DOL site). AFBA and 5Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.

Required Experience :

Staff IC

Key Skills

Account Payable,Invoicing,Accounts Receivable,Accounts Reconciliation,Data Entry,Compliance,Vendor Management,Journal Entries,General Ledger Accounting,Microsoft Excel,Expense Reports,QuickBooks Software,Reconciling,ACCA,Bookkeeping

Employment Type : Full-Time

Experience : years

Vacancy : 1

Yearly Salary Salary : 65000 - 70000