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Staff Accountant

Tennessee Risk Management Trust

Job Description

Job Description

TNRMT is a company that provides both property/casualty and workers' compensation insurance coverage to Tennessee School systems and Tennessee Governmental Entities. The applicant must have:

  • A BS in Business Administration with at least 24 hours of accounting courses or at least 10 years accounting experience in a business office setting.
  • Thorough understanding of GAAP (Generally Accepted Accounting Principles) and GASB (Generally Accepted Governmental Accounting Standards.
  • Must be able to prepare and have a thorough understanding of budgeting and financial statements.
  • Experience with Oracle's NetSuite is preferred but not required.
  • Be familiar with internal controls and procedures.
  • Ensure all reporting is in compliance with GAAP and GASB.
  • Assist with Investment analysis and review the Trust's Cash position constantly.
  • Ensure that bank reconciliations are completed monthly.
  • Maintain a chart of accounts.
  • Reconcile credit card statements on a monthly basis.
  • IRS document Preparation: Maintain records of specific payments issued to attorneys/claimants to allow correct preparation of 1099 forms. Process and issue annual 1099's to all appropriate vendors.
  • Prepare timely and complete financial reports for review on a monthly basis.
  • Prepare and manage the annual budget and other forecasts.
  • Calculate variances from the budget and report significant issues to management.
  • Provide financial analyses as needed.
  • Report the Trusts' financial results to the Board of Directors as needed.
  • Report unclaimed property to the State of Tennessee.
  • Work with and provide any information necessary or needed by external auditors for the annual audit.
  • Monitor investment levels and make sure all are in compliance with investment directives by the State of Tennessee.
  • Ensure compliance with all local, state and federal government laws, rules and regulations.
  • Any other duties assigned by the Trust Administrator
Vacancy posted 5 days ago
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