About The Back Room
We exist to free our clients' time so they can focus on what they do best — growing their business. We deliver smart, efficient solutions that liberate teams from the everyday admin, and we hold ourselves to the same standard. Time is the ultimate currency, and we treat it like it.
Job Summary
We are looking for a US Senior Accountant with strong experience in insurance accounting to join our team. The ideal candidate will have solid knowledge of US accounting principles, experience handling insurance-related financial transactions, and the ability to manage accounting activities independently.
This role will be responsible for maintaining accurate financial records, performing reconciliations, supporting month-end and year-end close, and preparing financial reports. The successful candidate should be comfortable working with US-based clients and handling sensitive financial information with a high level of accuracy.
Key Responsibilities
- Manage day-to-day accounting activities for US insurance clients.
- Perform bank, credit card, and balance sheet reconciliations .
- Handle accounts payable and accounts receivable , including insurance-related receivables and payables.
- Record and reconcile insurance premiums, commissions, claims, and other insurance-related transactions .
- Monitor and reconcile premium receivables and agency/company balances .
- Review and record insurance commissions and commission payable/receivable transactions .
- Prepare and maintain schedules for prepaid expenses, accruals, and other balance sheet accounts .
- Assist with month-end, quarter-end, and year-end closing activities .
- Prepare and review financial statements, management reports, and account schedules .
- Investigate and resolve accounting discrepancies and unusual transactions.
- Maintain accurate supporting documentation for all accounting activities.
- Assist with audit requirements and provide supporting schedules and documentation.
- Support tax and compliance-related accounting requirements as needed.
- Review accounting entries and ensure transactions are properly classified and recorded.
- Identify opportunities to improve accounting processes and documentation.
- Work closely with US-based clients, finance teams, and other stakeholders to address accounting concerns and provide updates.
Insurance Accounting Responsibilities
The role will have a strong focus on insurance-related accounting, including:
- Premium accounting and reconciliation
- Commission accounting
- Insurance receivables and payables
- Claims-related accounting and reconciliations
- Policy-related financial transactions
- Agency/broker accounting
- Carrier statements and reconciliation
- Premium deposits and cash application
- Accrued commissions and expenses
- Deferred and prepaid insurance-related expenses
- Review of insurance-related general ledger accounts
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field .
- At least 4–6 years of accounting experience , preferably with US accounting exposure.
- Previous experience in insurance accounting, insurance brokerage, or a related financial services environment is highly preferred.
- Strong understanding of US GAAP .
- Hands-on experience with bank and balance sheet reconciliations, AP/AR, accruals, and month-end close .
- Experience preparing and reviewing financial statements and management reports .
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Strong written and verbal English communication skills.
- Comfortable communicating with US-based clients and stakeholders.
- Ability to manage multiple priorities and meet deadlines independently.
Preferred Experience
- Insurance brokerage or agency accounting
- Property & casualty (P&C) insurance
- Commercial insurance
- Insurance premium accounting
- Commission reconciliation
- Carrier statement reconciliation
- Claims accounting
- Experience with insurance management/accounting systems
- Experience supporting US-based insurance companies or brokers
Accounting Software
Experience with any of the following is a plus:
- QuickBooks Online
- QuickBooks Desktop
- NetSuite
- Sage
- Xero
- Applied Epic
- AMS360
- Vertafore
- EZLynx
- Other insurance agency management/accounting systems
This role is open to Philippine citizens currently based in the Philippines.
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