Insurance Accountant Jobs in Florida (NOW HIRING)

Description

Franklin Street is currently seeking a Staff Accountant to join our team in Tampa, FL.

The ideal candidate must possess 2-3 years of corporate accounting experience and working knowledge of property and casualty insurance accounting, including Direct Bill commission and premium concepts. A Bachelor's degree in accounting, finance, or related field is required.

Position Overview:

The Staff Accountant will support Franklin Street and our affiliated businesses with accounting services. Successful candidates will be those possessing a background in insurance accounting, with strong systems proficiency, and an enthusiasm for customer service. Supports our culture of being in service to others.

Within that staff accountant role, this position owns the department's Direct Bill and daily cash functions - Direct Bill processing, cash receipts intake and application, deposit log preparation and distribution, and the monthly revenue accrual that feeds the close - while performing the journal entries, reconciliations, and internal-control functions expected across the month-end cycle.

• Follows in-depth U.S. Generally Accepted Accounting Principles (GAAP) to perform a variety of accounting functions for the insurance division and affiliated service companies.
• Prepares monthly journal entries and accruals as part of the close cycle.
• Prepares general ledger and bank reconciliations; researches and resolves reconciling items ahead of the close deadline. Owns the receipts side of the cash reconciliation.
• Processes accounts receivable within the agency management system, coordinating with insurance team to ensure proper application and follow up on outstanding items.
• Responsible for monitoring accounting processes, internal controls, and the agency management system; supports the department's premium-trust and record-retention controls, handling client premium and Direct Bill funds consistent with their fiduciary/trust nature.
• Owns end-to-end Direct Bill processing: receipt of carrier and broker commission, entry, and exception review.
• Follows up on direct bill commissions expected but not yet received from carriers, including endorsement commission that is commonly omitted.
• Processes daily cash receipts - intake, posting, and application to the correct client accounts - keeping application current so funds never sit unapplied.
• Prepares and distributes the daily deposit log; follows up on account manager acknowledgment and escalates persistent non-compliance to the Team Leader.
• Intakes and routes Direct Bill payment notifications, enforcing a single standardized submission channel.
• Produces the monthly Direct Bill revenue accrual and supporting detail for Team Leader review and prepares the close-cycle cash reconciliation for month-end close.
• Maintains and continuously improves the Direct Bill Processing & Analysis Reporting and the streamlined cash receipts process.
• Communicates daily with management; assists Insurance Senior Management and Account Managers in resolving accounting-related issues as needed.
• Documents and cross-trains processes - maintains written procedures for Direct Bill and cash receipt workflows so no function is a single point of failure.
• Works on special projects and performs other duties as assigned.

Requirements

• Minimum 2-3 years of applicable corporate accounting experience required.
• Possesses working knowledge of property and casualty insurance accounting, including Direct Bill commission and premium concepts.
• Bachelor's degree (BA/BS) in accounting, finance, or related field from a regionally accredited college or university or applicable equivalent accounting experience required.
• Proficiency in AMS360 or similar insurance software; NetSuite exposure helpful.
• High level of proficiency in: Excel, Word, Outlook, applicable accounting software, and internet/application software are required along with a willingness and ability to learn new software programs required.
• Broad, in-depth understanding of U.S. Generally Accepted Accounting Principles (GAAP).
• Exhibits highly developed written, oral, and presentation skills (English), both in person and over the phone. Ability to communicate with an internal department and work in a collaborative manner.
• Strong analytical, problem-solving skills.
• Ability to query, manage, comprehend, and provide analysis for large data sets and complex business documents, etc. required.
• Strong work ethic and the ability to hit set deadlines. Demonstrated ability to adhere to strict deadlines on a daily, weekly, monthly basis, including a disciplined daily cash routine.
• Ability to work on multiple assignments, prioritize tasks, and manage rapidly changing assignments in a team environment.
• Must be highly organized and demonstrate a high level of attention to detail, particularly in high-volume cash processing.
• Ability to follow direction and work independently with minimal supervision.

About Franklin Street:

Franklin Street is a family of full-service real estate companies focused on delivering value-added solutions to meet clients' evolving needs. Through a collaborative philosophy of leveraging the resources, expertise, and experience of each of its divisions-Real Estate, Capital, Insurance, Property Management, and Project Management-Franklin Street offers unmatched value and optimal solutions for clients nationwide.

Make your next career move with Franklin Street. With seven lines of business and nine offices across, that perfect opportunity you've been looking for is here. We believe in hiring a mix of experienced and new talent to join our team of professionals.  Whatever your expertise, wherever you are on your career path, Franklin Street is your destination for success.

Learn more about Franklin Street and our award-winning culture at www.FranklinSt.com.

Franklin Street offers competitive salaries, medical - including additional discounts, dental, and vision benefits, disability, and life insurance, 401(K), paid time off, and holiday pay. We also love working together to help the community through our company-sponsored philanthropy events.

Must be able to successfully pass pre-employment (post-offer) drug screen and background check.

Franklin Street and Lighthouse HR Services is an Equal Opportunity Employer: Race, Religion, Color, National Origin, Citizenship, Sex, Sexual Orientation, Gender Identity, Age, Disability, Ancestry, Veteran Status, Genetic Information, or any other classification protected by law.