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Manager, General Accounting
Manager, General AccountingIllinois Mutual Life Insurance Company • Peoria, IL, United States
Manager, General Accounting

Manager, General Accounting

Illinois Mutual Life Insurance Company • Peoria, IL, United States
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Job Type

Full-time

Description

Job Title : Manager, General Accounting

Department : Financial Services

Reports To : Gregory Johnson

Location : Home Office

Job Type : Full Time

Commitment to Core Values

At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member's contributions :

  • Be honest, reliable and respectful
  • Think of other first
  • Work together to create results
  • Stand out with personal, caring service

Job Summary

The Manager, General Accounting, is responsible for the maintenance of the general ledger ensuring accounts are in balance and all controls are maintained. This individual is responsible for directing the workflow of the entire general accounting department team and assisting department employees as needed.

Primary Responsibilities

  • Recommend or implement and administer accounting policies, procedures and standards, and ensure compliance with regulatory requirements.
  • Direct the design, modification, installation and maintenance of general accounting systems and related sub-systems.
  • Manage policy accounting aspects such as application of incoming premium payments and payment exception processing
  • Oversee accounts payable, accounts receivable including policy premium collections, disbursement requests and check printing services provided to other internal departments
  • Recommend enhancements to reporting processes and systems
  • Manage cash and premium controls reviewing bank files and database changes initiated by support staff
  • Administer general ledger balancing and reconciliation
  • Ensure timely and accurate reconciliation of bank accounts and investigation of any unusual, undocumented and / or transactions not recorded on the general ledger.
  • Ensure accurate and timely regulatory filings, including but not limited to, premium and municipal taxes; abandoned property filings; misc. state licenses, fees and assessments.
  • Assist in the quarterly and annual statement reporting process as needed, including preparation and / or review of misc. filings.
  • Manage performance, achievements, merit increases and attendance of department personnel
  • Attend continuing education webinars / seminars to maintain statutory accounting knowledge.
  • Train new and existing employees as needed
  • Promote and maintain quality customer service, cooperation and communication among the department personnel.
  • Maintain open communication with the Manager, Financial Reporting, Vice President Finance / Controller / Treasurer and internal department management.
  • Build positive relationships and maintain excellent communication with all departments in the Home Office, as well as all external customers.
  • In the absence of the Controller, perform any functions required by senior management, including making income tax deposits.

    • Anticipated Salary : $110,000 - $130,000 (Final salary based on experience)

    Benefit Overview : We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include :

  • Compressed 4 1 / 2-day work week (Half-Day Fridays)
  • No monthly premium cost for employee medical, life and disability insurance coverage
  • Paid time-off accrual, including annual rollover; and paid holidays
  • Competitive 401(k) plan with immediate vesting on Company contributions
  • Discounted on-site employee cafeteria
  • On-site exercise facility and company-provided exercise time
  • Tuition reimbursement and training incentives
  • Access to voluntary dental and vision insurance coverage

    • Qualifications

  • Bachelor's degree required
  • Minimum 5 years of accounting experience required; accounting experience within insurance industry, a plus
  • Ability to motivate employees and foster a positive working environment
  • Ability to work under pressure and remain focused
  • Excellent problem-solving skills
  • Strong verbal and written communication skills
  • Excellent organization and time management skills
  • Tact and emotional maturity
  • High integrity and ability to maintain confidentiality
  • Proficient computer skills including MS Word, Excel and PowerPoint and general Internet; experience with SunGard Enterprise Accounting System helpful

    • Required Competencies (Proficiency Level)

  • External (Strategic) Awareness (2)
  • Customer Focus (3)
  • People Development (2)
  • Leadership (3)
  • Achievement Orientation (4)
  • Integrity (3)

    • This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs.

    Illinois Mutual is an equal opportunity employer.

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    Accounting Manager • Peoria, IL, United States

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