Accounting Professional for Insurance Brokerage

5 days ago


Toronto, Ontario, Canada Navacord Full time

Company Overview

We are a leading insurance brokerage firm, Petrela, Winter And Associates. Our team is dedicated to providing exceptional service and expertise to our clients.

Salary

The salary for this role is approximately $65,000 - $80,000 per year, based on industry standards and location.

Job Description

As an Accounting Associate at Petrela, Winter And Associates, you will be responsible for supporting day-to-day accounting functions. This includes reconciling daily activity reports to ensure accuracy of transactions, training on EPIC (broker management system), assisting in preparation and distribution of various month-end reports, and preparing monthly AR report.

Accounts Receivable (AR)

• Prepare monthly AR report

• Generate and distribute monthly Customer Statements and/or invoices

• Transaction list and batch closing

Accounts Payable (AP)

• Reconciliation of Insurer statements

• Analyze and investigate invoice or commission discrepancies

Payroll

• Assist with payroll function

Bank Reconciliation

• Ensure all Journal Entries are entered into the GL including Direct Bill commissions, CPC, wire & bank-to-bank transfers, write-offs, credit card & bank fees, outgoing payments, returned cheques, and more

Other Duties

• Manage and Maintain all staff RIBO hours and Certificates to comply with RIBO Standards

• Generate Renewal lists and accounting spreadsheets for Producers and Management upon request

• Managing discrepancies for Accounts Receivable, Accounts Payable and Carrier Payments

Requirements

Minimum 2 years experience in accounting or bookkeeping

Post-secondary diploma or degree in accounting

Experience in an insurance brokerage, insurer, or financial services an asset

A collaborative team player with demonstrated initiative, attention to detail, and pace

Ability to work independently & collaborate across the brokerage with key stakeholders

Strong communication, financial, analytical, and organizational skills required



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