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Staff Accountant

Job Title: Staff Accountant
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.

You will demonstrate the ability to provide outstanding customer service to both internal co-workers and external insurance professional and policyholders by modeling the following traits:

  • Reliability

  • Accountability

  • Knowledge of ELCO’s products

  • Ability to create and sustain positive connections with clients

  • Commitment towards continuous learning to ensure exemplary performance and high-quality work product

You will demonstrate an understanding that all successful organizations need for their employees to share pertinent information in a timely manner to the appropriate parties and constantly demonstrate that understanding.

Job Responsibilities:

  • • Preparing quarterly/annual statutory financial statements and schedules/exhibits in compliance with NAIC and other regulatory requirements and monthly internal financial results.

  • Utilizes general accounting and financial principles and techniques, and assists in obtaining, assembling, evaluating, interpreting, recording and analyzing financial data.

  • Thorough knowledge in preparation of vouchers, bank reconciliation, cash flow statement, budget preparation and monitoring of expenses.

  • Performs and/or assists in performance of financial analysis, as directed.

  • Prepares analytical schedules, analyzes variances and provides analytical support for internal requests.

  • Implementing, reporting and communicating the impact of business and accounting related initiatives on assigned processes and financial statements.

  • Working collaboratively within the team, across the department and individuals external to ELCO.

  • Preparation of premium taxes returns, coordinating with external accountants on income tax returns, overseeing annual filings and certificates of authority renewals.

  • Works directly with the VP/Treasurer and the CFO to provide timely and accurate financial statement data.

  • Work with the auditors and coordinate the information requests.

  •  Reviews various reports on a daily basis.

  • Other duties as assigned.

Success Factors:

  • To be highly organized, detail oriented, able to set priorities and work in a fast-paced environment, manage time effectively and multitask with daily interruption

  • Solid decision-making skills and excellent problem solver

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

  • Good verbal and written communication skills

  • Thorough knowledge and understanding of accounting concepts and principles

  • Must be able to demonstrate initiative to thoughtfully and fully research and follow-up on non-standard situations to ensure compliance with company policies and procedures

  • Strong analytical skills

  • Ability to effectively manage multiple tasks and to meet deadlines

  • Ability to complete projects and assignments with minimal supervision

  • Willingness to work extra hours during year-end/quarter-end deadlines.


  • Bachelor’s degree in accounting or finance, CPA preferred or CPA candidate

  • 3-5 years of accounting experience

  • Proven understanding of accounting principles such as cash and accrual accounting

  • Strong knowledge of Microsoft Office Suite and other business-related software systems

  • Advanced Excel skills: VLOOKUP, pivots, graphs, charts, data analysis, etc.

  • Finance background preferred

  • Demonstrated ability in preparing financial statements

  • Experience in insurance companies will be an added advantage

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/typing 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.


  • 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

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