What are the responsibilities and job description for the Associate Accountant position at Housing Authority Insurance Group?
Position Overview
Reporting to the Manager of Financial Reporting and Reinsurance, the Associate Accountant assists in the preparation of balance sheets, profit and loss statements, and other financial reports. Responsibilities also include maintenance of fixed asset ledger, journal entries and general ledger account reconciliations. The associate accountant is expected to have strong customer service skills as they work with members across the enterprise, our external members, business partners, auditors and the general public.
Essential Functions
- Responsible for monthly accounting entries and preparation of supporting documentation and reconciliations.
- Maintain fixed assets including ledger entries.
- Responsible for various procedures (e.g., balancing, reconciliations, etc.) to maintain segregation of duties and controls per monthly closing schedule.
- Maintains member surplus balances including ledger entries.
- Assists senior and senior level accounting team and FP&A team with reconciliations, research and general ledger activities.
- Meets reporting deadlines with accuracy through effective time management
- Learns and utilizes accounting and auditing best practices
Job Requirements
- Bachelor’s degree in finance and/or accounting, required
- Proficient in Microsoft excel
- 0-1 years’ experience within finance, preferred
Knowledge, skills and abilities
- Basic knowledge of Accounting/ Finance principles and concepts
- Willingness to learn about property-liability insurance company operations and not-for-profit entities
- Basic understanding of department functions and basic understanding of accounting processes
- Basic analytical problem solving with the ability to identify challenges and solve problems
- Strong communication skills; both written and verbal
- Strong attention to detail and organizational skills
- Team player; builds relationships across the enterprise
- Self-motivated and dependable
- Acts with integrity, is ethical, and maintains professionalism
- Flexible and adaptive
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Work Environment and Physical Demands
- Inside climate-controlled office building
- Prolonged sitting and using a PC
- <10% Travel
- Ability to lift 25lbs
Department Overview
The Finance Team aligns best practice financial concepts and intended outcomes to the benefit and regulation of the HAI Group enterprise, Board of Directors and Strategic Committee. The source of financial decisions, the Finance Team builds partnerships across the enterprise and are seen as value added business partners providing advice and counsel. It is a cohesive team that values honest and open communication. A shared services department, the team produces actions for the successful business outcomes with internal constituents and with banks, brokers and re-insurers using critical thinking and complex problem solving techniques. Empowered to take time to make the right decision, the Finance Team is committed to open, honest communications to all business partners.
Company Overview
HAI Group®[1], is the nation’s leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. Besides insurance, we offer risk management services, online training, and consulting services used by more than 1,500 housing organizations nationwide. Headquartered in Cheshire, Connecticut, HAI Group® was recognized as a Top Workplace from 2020-2025.
Cultural Objective
HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers’ expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.
HAI Group Benefits and Perks
- Bonus program eligibility
- Annual merit program
- Outstanding 401(k) program and non-elective contribution
- Flexible work schedules
- Generous paid time off, paid volunteer days and paid holidays
- Medical, vision and dental Insurance
- Company paid life, AD&D, short-term disability, and long-term disability coverage
- HSA, FSA and dependent care options
- On-Site wellness: Full gym and locker rooms, wellness initiatives, outdoor basketball and tennis court, picnic pavilion area
- Tuition reimbursement and loan repayment
- Professional development
- Community outreach
HAI Group is an Equal Opportunity Employer.
HARRG Inc., reserves the right to fill this position at a level above or below the level included in this posting.
No agency submissions please. Resumes submitted to any HAI Group employee without a current, signed, and valid contract in place with the HAI Group Recruiting team for this position will become the property of HAI Group and no agency fees will be paid.
[1] HAI Group® is a marketing name used to refer to insurers, a producer, and related service providers affiliated through a common mission, management, and governance. Property-casualty insurance and related services are written or provided by Housing Authority Risk Retention Group, Inc.; Housing Authority Property Insurance, A Mutual Company; Housing Enterprise Insurance Company, Inc.; Housing Specialty Insurance Company, Inc.; Innovative Housing Insurance Company Inc.; Housing Investment Group, Inc.; and Housing Insurance Services, Inc. (DBA Housing Insurance Agency Services, Inc. in NY and MI).