STAFF ACCOUNTANT

Staff Accountant

GEO provides complementary, turnkey solutions for numerous government partners worldwide across a spectrum of diversified correctional and community reentry services. From the development of state-of-the-art facilities and the provision of management services and evidence-based rehabilitation to the post-release reintegration and supervision of individuals in the community, GEO offers fully diversified, cost-effective services that deliver enhanced quality and improved outcomes.

Responsibilities

Under general supervision, the Staff Accountant is responsible for coding, processing, and classifying all employee medical and benefit invoices as well as a variety of insurance related invoices. In addition, the Staff Accountant is responsible for prepaid insurance reconciliation and annual property insurance journal entry and allocation. Researches solutions and corrects problems.

Primary Duties and Responsibilities

• The Staff Accountant classifies and reviews employee benefits payments and records insurance related accounting transactions. Reviews for accuracy and processes invoices for payment
• Prepares and reviews insurance accounting results and advises management on the meaning of the results.
• The Staff Accountant calculates monthly reserves required utilizing complex excel worksheet and actuarial data.
• Recommends and implements changes to accounts, reports and administrative or data processing systems.
• The Staff Accountant performs monthly and quarterly insurance related account reconciliations through research and analysis and prepares corrected journal entries as necessary.
• Analyzes insurance accounts for accuracy and to ensure proper accruals.
• The Staff Accountant processes annual property insurance allocation and recurring journal entry.
• Ensures all work complies with Sarbanes Oxley procedures.
• Performs other duties as assigned.

Qualifications

Minimum Requirements

• Bachelor's degree in accounting, business, or finance with three (3) years progressive experience in accounting.
• Familiar with standard concepts, practices, and procedures applied to insurance and related accounts preferred.
• Relies on experience and expertise to plan work accordingly and to accomplish the position's goals and objectives. Good critical thinking and analytical skills with the ability to identify and resolve the typical questions and issues that arise as a result of completing daily work activities.
• Good written and verbal communication skills. Ability to interact with a variety of departments to resolve questions and problems.
• Ability to produce reports in a clear and concise manner.
• Ability to work with computers and the necessary software used by the department, typically including the Financial Information System (FIS).
• Must be proficient in Microsoft Office, with strong Excel skills and preferably Smart View/Essbase skills.

The GEO Group, Inc.