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Operations Accountant

Zionsville, IN | Other
10 Days Ago

Job Description

Job Summary:

The Financial Operations Accountant will be responsible for a variety of detailed accounting and financial reporting activities, including but not limited to, reconciling various system interfaces with the general ledger, analyzing account activity, processing and reviewing tax withholding remittances, and the testing of accounting transactions during new product development or system updates.

The Financial Operations Accountant will work closely with third-party vendors and other departments throughout the organization, including Tax, Policy Administration, Information Technology, and Financial Reporting.

Main Accountabilities:

  • Reconciles the interfaces between the policy administration systems, data warehouses and the general ledger, including but not limited to new business, in-force policy activity, commissions, and other financial transactions.
  • Assists in testing of accounting transactions resulting from new product development or system updates.
  • Prepares both standard and non-standard journal entries, as necessary, to meet the monthly closing schedule requirements.
  • Analyzes and reconciles general ledger accounts. Research and resolve discrepancies and ensure that all accounts are reported accurately and timely.
  • Monitors and clears suspense accounts by working with partners in Policy Administration and Information Technology, as necessary.
  • Work with both external third-party vendors and internal partners to process, review and authorize withholding remittances made to applicable taxing authorities.
  • Executes internal control processes to ensure accurate financial reporting and compliance with regulatory requirements.
  • Assists with special projects, as necessary.


  • Bachelor’s degree.
  • 1-3 years in accounting or finance role.
  • Demonstrate effective communication and interaction skills.
  • Knowledge of Oracle Fusion General Ledger a plus.
  • Knowledge of statutory accounting principles a plus.
  • Demonstrate a general understanding of the life insurance industry and organizational relationships of the company, including functions of other departments in the organization.
  • Must perform duties under deadline pressure with multitasking capabilities.
  • Effective time management and organizational skills.
  • Demonstrate ability to develop and implement successful process improvement strategies.

Skills for Operations Accountant

The job skills required for Operations Accountant include Accounting, General Ledger, Financial Reporting, Internal control, Time Management,and Life insurance etc. Having related job skills and expertise will give you an advantage when applying to be an Operations Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Operations Accountant. Select any job title you are interested in and start to search job requirements.

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Career Path for Operations Accountant

The following is the career advancement route for Operations Accountant positions, which can be used as a reference in future career path planning. As an Operations Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Operations Accountant. You can explore the career advancement for an Operations Accountant below and select your interested title to get hiring information.