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Accounting Associate

Job Title: Accounting Associate

Department: Accounting

Reports to: VP of Accounting/Treasurer

Job Type: Full-Time

FLSA status: Non-Exempt

ELCO’s Expectations For All Employees

As an ELCO employee you will be responsible for understanding, practicing, and promoting ELCO’s Purpose Statement.

ELCO will cultivate, nurture, and enhance long standing relationships with insurance professionals and policyholders by being a trusted partner providing tailored solutions to achieve financial goals.

Position Summary

The Accounting Associate performs a wide range of clerical, accounting and bookkeeping functions to support ELCO.

Job Responsibilities

  • Performs bank, register, PCB VS TB and ledger asset reconciliations

  • Assists with building and monitoring of internal accounting controls

  • Checks, verifies and processes payables and sets up vouchers

  • Processes premium payments, additional deposits, policy loans, NSF and policy reinstatements

  • Assists our internal staff with:

  • Calculating tax withholdings

  • Reversal/reissuing of payments

  • Accounting corrections

  • Schedule D and FMV updates

  • Annual and quarterly premium and municipal tax filings

  • Bond interest, reinsurance and mortgage payment accounting

  • Tracks and audits petty cash

  • Assists the HR dept

  • Reviews various reports on a daily basis

  • Processes other miscellaneous transactions.

  • Other duties as assigned

Success Factors

  • To be highly organized, detail oriented, able to set priorities, manage time effectively and multitask with daily interruptions

  • Math aptitude

  • Self-motivated, strong work ethic, positive attitude and ability to take direction

  • Good verbal and written communication skills

  • Quest for continuous learning, LOMA certifications encouraged

  • Customer service skills

Qualifications

  • Minimum of a High school diploma, GED or equivalent skills preferred.

  • Accounting/ bookkeeping experience preferred

  • Demonstrated experience in navigating through complex computer systems (internal as well as Microsoft Office) with minimal assistance required

  • Must be punctual, highly responsible and customer focused

Physical Demands and Work Environment

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

*Physical demands: Constant use of both hands, arms reaching handling/ grasping/fingering while keyboarding, using phone, calculator, and other office equipment, writing instructions, filing and performing other administrative duties. Employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

*Work Environment: The noise level in the work environment is usually minimal.

Benefits

  • Competitive Pay

  • Company contributions towards employee and dependent health, dental and life insurance plans

  • Paid vacation and sick pay

  • 401K Contribution

  • Tuition Assistance

  • Remote Work Opportunities

  • 37 hour work week

Job Type: Full-time

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