Accounting Associate | Hybrid | Austin, TX

Accounting Associate

By joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve.

Primary Purpose : Responsible for various risk pool client accounting functions including the performance of accounts payable, accounts receivable, bank and investment reconciliation, and other accounting duties according to established procedures. To prepare the necessary reports and communicate the results to management.

Essential Functions and Responsibilities :

• Creates and maintains accurate and complete accounting records and files.
• Prepares bank reconciliations and related journal entries.
• Accounts payable for risk pool clients, including coding checks, verifying signatures, processing checks, filing and related journal entries.
• Interfaces with clients and other staff to collect and prepare financial data.
• Performs monthly reconciliations and various balance sheet account controls to safeguard quality assurance.
• Prepares deposits, posts receipts, and reconciles billing.
• Prepares bank and investment account reconciliations.
• Researches, tracks, resolves, or properly refers accounting or documentation problems and discrepancies.
• Assists with quarter-end closing.
• Run reports out of underwriting system to produce monthly production schedules and journal entries.
• Coordinates with Pool investment managers and reconciles with broker statements.
• Prepares financial statements.
• Assists with PowerPoint development and presentation of material.
• Reconciles various accounts.
• Assist with day-to-day operations of accounting department or special projects as assigned by the Finance Manager or Director.
• Process account collections / receivables.
• Reconcile claims activity between general ledger and claims system and investigate discrepancies.

Additional Functions and Responsibilities :

Qualifications

Education & Licensing : Associate degree in Accounting / Finance from an accredited college or university preferred.

Experience : Three to four (3-4) years of related experience to include two (2) years of accounting experience or equivalent combination of education and experience required. Experience including financial statement preparation and insurance accounting, both statutory and GAAP, preferred.

Skills & Knowledge :

Work Environment

When applicable and appropriate, consideration will be given to reasonable accommodations.

Mental : Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem solving, analysis, and discretion; ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlines.

Physical : Computer keyboarding, travel as required.

Auditory / Visual : Hearing, vision and talking

The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.

Sedgwick is an Equal Opportunity Employer and a Drug-Free Workplace.

If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, consider applying for it anyway! Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience. You may be just the right candidate for this or other roles.

Sedgwick is the world's leading risk and claims administration partner, which helps clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration, and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape.