HEMIC · 10 hours ago
Manager, Accounting Operations
HEMIC is a recognized leader in the insurance industry, dedicated to supporting the community and its employees. The Accounting Operations Manager is responsible for overseeing accounting operations, ensuring compliance with accounting principles, and leading staff development and operational improvements.
Financial ServicesInsurance
Responsibilities
Plan, direct, and coordinate all accounting operational functions for HEMIC and its subsidiaries
Ensure all premium, cash receipt, claim, and cash disbursement transactions reflected in accounting records, financial statements, and internal and external reports are accurate, complete, timely, and compliant with applicable accounting standards
Oversee invoicing, cash receipts, disbursements, vendor management, collections, cash management and controls, and fixed asset accounting
Review and analyze accounting control reports, work papers, transactional data, workflows, and operational files to ensure compliance, accuracy, quality control, and identify improvement opportunities
Evaluate accounting systems and processes to ensure internal controls are documented, effective, and consistently executed
Identify, investigate, and resolve accounting operational issues
Supervise accounting operations staff, including assessing staffing levels, assigning work, hiring, training, performance evaluations, coaching, discipline, and employee development
Oversee continued training and professional development of accounting operations staff
Oversee the collections function, ensuring timely, effective collections while maintaining a high level of professionalism and respect for policyholders and debtors
Ensure adherence to organizational Core Values, policies, service-level expectations, and State and Federal laws
Establish, maintain, and oversee internal controls over accounting
Manage operational risks related to accounting operations, including regulatory compliance, cybersecurity, and other financial and operational risks
Support audits, examinations, and regulatory reviews as required
Ensure accounting operational directives from leadership are implemented accurately and on schedule
Identify, develop, and implement procedures to enhance operational efficiency, accuracy, and reporting quality
Lead and support accounting projects, including inter-departmental initiatives and system enhancements
Acquire and maintain expertise in the usage, capabilities, and functionality of policy, claims, workflow, and document management systems
Evaluate and oversee the implementation of new bank technologies, products, and services to improve cash efficiency and streamline operations
Manage the Accounting Operations budget and oversee department resources, including equipment and facilities
Monitor expenditures and ensure efficient use of resources aligned with organizational goals
Participate in departmental and cross-functional meetings
Perform additional duties and special projects as assigned
Qualification
Required
Bachelor's degree in Accounting and/or five or more years of progressive accounting experience, including GAAP accounting
2+ years of supervisory or management experience
Strong knowledge of accounting principles, methods, and practices
Ability to analyze financial statements and operational reports
Strong leadership, problem-solving, and decision-making skills
Excellent written and verbal communication skills
High degree of honesty, integrity, and professionalism
Ability to establish and maintain effective working relationships with employees, leadership, policyholders, regulators, and external stakeholders
Preferred
Experience working in a regulated financial services or insurance environment
Experience with statutory accounting and insurance accounting (both statutory and GAAP)
Benefits
401k match
Flex-time
Generous PTO
15 paid holidays
Company
HEMIC
HEMIC is an insurance company that offers workers compensation insurance solutions.
Funding
Current Stage
Growth StageRecent News
2023-09-12
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