Junior Accountant

Job Description

Junior Accountant | AAA Life Insurance Company

The Tone:
This is a full-time role at AAA Life Insurance Company, with a hybrid work solution in Livonia, MI. AAA Life is a respected American brand that has focused on Life Insurance and Annuity Products since 1969, serving over 1.8 million policyholders. This role supports daily accounting operations crucial for maintaining financial integrity and earning the trust of policyholders, contributing to a company devoted to protecting the lives of those around us. It offers an early-career professional the opportunity to build hands-on experience in core accounting functions within a collaborative team environment.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid, Livonia, MI

• Team: Part of a team of five.
• Mission: Support daily accounting operations through the accurate preparation, processing, analysis, and reconciliation of financial transactions to maintain the integrity of general ledger and subsidiary ledger accounts.
• Tech Stack: Microsoft Excel, Microsoft Office applications

What You’ll Actually Do
• Transaction Processing: Process daily accounting transactions, including premium collections, deposits, payments, and journal entries, ensuring timely and accurate recording within accounting systems.
• Financial Reconciliation: Reconcile general ledger accounts, subsidiary ledgers, bank accounts, and related accounting systems, investigating and resolving discrepancies in a timely manner.
• Financial Reporting Support: Prepare recurring accounting reports, schedules, and supporting documentation for management review and audit purposes.
• Audit Preparation: Prepare audit schedules and supporting documentation for internal and external audits.
• Accounts Operations: Support both Accounts Payable activities by reviewing invoices and entering payment information, and Accounts Receivable activities by processing incoming payments and researching discrepancies.

The Must-Haves
• Background: Early-Career. Requires 2+ years of college-level coursework in Accounting, Finance, Business, or a related field; or an equivalent combination of education and accounting experience.
• Experience: 1+ years of accounting, bookkeeping, accounts payable, accounts receivable, or related financial operations experience. Experience using Microsoft Excel and other Microsoft Office applications in a professional, academic, or internship setting. Experience preparing, reconciling, or maintaining financial records, accounting transactions, or account balances.
• Skills: Ability to perform standard business math calculations, including percentages, reconciliations, and financial calculations. Attention to detail, organization, accuracy, and a willingness to learn new systems and processes.
• Bonus: Knowledge of Generally Accepted Accounting Principles (GAAP). Knowledge of Statutory Accounting Principles (SAP/STAT). Experience researching and resolving accounting discrepancies. Experience supporting audits through the preparation of schedules or supporting documentation. Experience within the insurance, financial services, banking, or other regulated industry environment.