Accounts Payable/Accounts Receivable Specialist

Accounts Payable/Accounts Receivable SpecialistUFG is currently hiring for an Accounts Payable/Accounts Receivable Specialist who will be responsible for payment of invoices for all companies, issuing and printing daily checks, daily disbursement balancing and performing month-end balancing procedures for disbursement by company. This role will assist with the company credit card program, including the approval of employee travel and expense reports for reimbursement through the Concur platform. This position will also perform accounts receivable responsibilities, support payment-related requests from Auditors and other Corporate Finance team members and assist with projects as requested. This role will require 3-4 days on site in Cedar Rapids, Iowa.Essential Duties & Responsibilities:Process invoices for payment via check, EFT, or credit card.Verify purchase orders, vendor invoices for proper approval and accurate coding by general ledger account, branch & department, and state when required.Issue daily checks and EFT/ACH's.Process manual ACH's and payroll ACH's, voids and stop payment of checks through the online banking system.Effectively communicate with vendors and employees regarding invoices and payments.Assist with employee Travel and Expense reports in Concur for reimbursement, monitor reports for compliance within the Corporate Travel Policy and proper expense coding.Assist with the company credit card program, including– review of daily general ledger entries, balance statements and prepare journal entries, request and cancel cards, assist with employee inquires and fraudulent charges.Complete daily and month end balancing activities and other treasury activities.Balance the Daily Claims Spreadsheet and resolve reconciling items as appropriateAssist with Form 1099 corrections and year-end processingPerform Accounts Receivable responsibilitiesProcess cash receipt entriesClaims system coding and cash receiptsPreparation of timely and accurate information concerning cash, checks, electronic money and bank depositsProcess foreign cash and code sheetsResearch and assist in the resolution of discrepancies related to accounts payable/receivable and balancing issuesGovernance & ControlsPrepare SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.Assist with audit requests, including internal controls and testing evidence.Collaboration & Process ImprovementParticipate in continuous improvement initiatives aimed at optimizing processes, standardizing reporting, and automating data flow.Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.Job Specifications:Education: Accounting associate degree or commensurate experience in accounts payable/receivableExperience: 2-3 years of accounting experience; both accounts payable & accounts receivablePrior property & casualty insurance experience preferredKnowledge, skills & abilities:Proficiency in accounting softwareStrong Excel skillsAnalytical and problem-solving skills with attention to accuracy and detailStrong organization and time management skillsStrong attention to detail and accuracyAbility to handle multiple priorities, meet deadlines, and work effectively in a dynamic environment.Ability to work both independently and collaboratively in a team settingExcellent verbal and written communication skillsCritical thinking and problem-solving skillsSelf-motivatedWorking Conditions: General Office EnvironmentTravel Requirements: Infrequent travel, only as neededPay Transparency Statement: UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $22.00 - $25.00 hourly, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data. In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes: Annual incentive compensation Medical, dental, vision & life insurance Accident, critical Illness & short-term disability insurance Retirement plans with employer contributions Generous time-off program Programs designed to support the employee well-being and financial security.