Staff Accountant - Treasury #HIRING

Staff Accountant - Treasury

Full Time

Salary Range: $34.00 To 50.00 Hourly

All Boston Mutual employees who interact with our policyholders, our producers, and our BML associates embrace the principles of our brand and service philosophy. We are all brand ambassadors. Both our words and our behaviors matter. We share a common service philosophy and pride ourselves in living the BML brand promises every day, one interaction at a time.

The following statements represent what Boston Mutual stands “FOR” – it is what makes us different and better in the market we serve.

• We are FOR being a progressive life insurance company dedicated to offering financial peace of mind to working Americans and their families.
• We are FOR providing practical and affordable products designed for those we serve.
• We are FOR making it easy to secure a level of financial protection with a portfolio of products –beginning with life insurance – via enrollment and billing options at the workplace.
• We are FOR providing a personalized customer experience to our policyholders and producers.
• We are FOR acting in the best interests of our policyholders, producers, employees and the communities in which we live and serve – representing the goodness of mutuality in all we do.

We do our best to:

• Demonstrate a desire to assist
• Listen for understanding and respond empathetically
• Explain things in a manner that is easy to understand
• Be knowledgeable students of our business
• Take full ownership to resolve questions and issues
• Be professional, polite and courteous
• Leave our customers and associates “better than where we found them.

The Staff Accountant - Treasury reports directly to the Accounting Operations Manager. The Staff Accountant - Treasury is responsible for handling all Treasury Operations transactions, accounting, and reconciliation functions using a variety of methods while demonstrating the highest level of professional service. 

The Staff Accountant - Treasury is expected to:

• Create all journal entries to record bank account transactions, including cash receipts, transfers and disbursements for multiple companies.
• Initiate controlled disbursement funding and sweep transactions.
• Review bank transactions and route incoming funds to appropriate business units.
• Handle all aspects of check production including verification, printing, distribution and transmission of positive pay files while following established internal control procedures.
• Encrypt and transmit ACH billing files.
• Verify and release daily EFTs and wires through online banking software.
• Process bank returns and stop payment requests.
• Track and reconcile daily cash transactions and maintain key treasury financial records.
• Perform monthly bank account reconciliations; research and resolve any discrepancies.
• Reconcile Petty Cash and process Home Office check deposits.
• Promptly handle client inquiries and requests, including investigation of unauthorized transactions and fraudulent checks.
• Respond to internal and external audit inquiries, including supporting the annual external audit.
• Assist with Treasury month end responsibilities.
• Must comply with privacy guidelines; will protect the privacy of customer information.
• Other duties and projects as required.

Qualifications:

Education: Bachelor's degree in finance, accounting or business or equivalent work experience.

Experience: Minimum 2 years of accounting, treasury, or similar office experience required.

Knowledge Requirements:

• General Ledger concepts and bank account reconciliations
• Demonstrated proficiency with Microsoft applications, especially Excel
• Ability to multi-task and manage a high volume of daily work with strict deadlines
• Strong attention to detail with excellent organizational and customer service skills
• Effective written and verbal communication skills and the ability to effectively build and extend relationships
• Ability to work both independently and collaboratively within a team environment
• Take initiative and the ability to recommend changes that will improve workflow
• Accounting systems and banking software knowledge desirable
• Insurance Industry knowledge a plus

Hybrid Work Model

Boston Mutual is an equal opportunity employer. Boston Mutual is an equal opportunity employer, and does not discriminate on the basis of race, color, age, religious creed, national origin, ancestry, sex, sexual orientation, gender identity, genetic information, disability, military service, veteran status, family status, pregnancy, or any other characteristic protected by federal or state laws. Boston Mutual is a drug-free workplace.

#LI-Hybrid