Accounting Associate

Axcelus Financial; Philadelphia (Philadelphia County); On-site; USD 55,000 - 75,000; Full time

Job summary

Axcelus Financial is seeking an Accounting Associate to support general accounting, treasury, and financial reporting for Axcelus Financial and affiliate entities. The role covers daily bank activity, timely GL entries, and monthly reconciliations, plus AP payments and documentation of disbursements.

The candidate will participate in month-end closes, assist with 1099 preparations, and support audits and regulatory filings.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• 1+ years experience in a similar role preferred.
• Proficiency with Microsoft Office Suite (Outlook, Excel, Word).
• Strong interpersonal skills and ability to build relationships across teams.
• Willingness to work extended hours as required.

Responsibilities

• Daily maintenance of bank activity and reconciliation to the general ledger.
• Process vendor payments via Brex and outside the AP system.
• Assist month-end/quarterly close with journal entries and reconciliations.
• Support wire/ACH disbursements and policyholder payments.
• Support investment accounting and 1099 preparations.
• Assist with audits and state regulatory filings.

Skills

Interpersonal skills

Cross-functional collaboration

Overtime readiness

Education

Bachelor’s degree in accounting/finance

Tools

Microsoft Office Suite

Excel

Outlook

Word

Job description

Position Summary: This accounting associate position will support various general accounting, treasury, and financial reporting duties associated with Axcelus Financial and various affiliate entities.

Responsibilities

• Daily maintenance of the company's bank account activity:
  • Monitoring daily bank account activity
  • Ensuring activity is entered into the general ledger system on a timely basic
  • Ensuring daily book and bank balances are in balance and investigating/resolving reconciling items
  • Preparing monthly bank account reconciliations
• General accounting and accounts payable functions
  • Initiating vendor payments from the company's Accounts Payable System (Brex)
  • Initiating vendor payments that may occur outside the company's Accounts Payable System (Brex)
  • Organization and maintenance of the company's process for scanning/saving check disbursements and documentation of disbursements that occur outside of the company's Accounts Payable System (Brex)
  • Organization and maintenance of the logging and documenting of check deposits and/or other manual deposits received by the companies.
• Role in the monthly/quarterly close processes to include:
  • Preparation of certain month/end journal entries
  • Preparation of individual general ledger account reconciliations
• Assist in the daily initiation of policyholder disbursement wires and other general company wire and ACH disbursements
• Support investment accounting functions as necessary
• Assist in the preparation of annual 1099 forms
• Assist in fulfilling Audit requests as needed
• Provide assistance as necessary with quarterly and annual state insurance department compliance filings

Desired Skills & Experience

• Bachelor’s degree in accounting, finance, or related field
• Experience of 1+ years in a similar role preferred
• Proficiency in Microsoft Office Suite, particularly Outlook, Excel, and Word
• Strong interpersonal skills; ability to develop positive working relationships within finance team and other teams in the organization
• Willingness to work extended hours as required

NOTE: This job description is not intended to be all-inclusive. Employees may perform other related duties as negotiated to meet the ongoing needs of the organization.