Accounts Payable Specialist

Essent Guaranty, Inc.; Radnor Township (PA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Paid time off

Medical benefits

Dental benefits

Vision benefits

401(k)

Job summary

Essent Group Ltd. in Radnor, PA is seeking an Accounts Payable Specialist to support the accounting team with timely processing of vendor invoices, employee expense reports, and cash disbursements.

The role collaborates with the Treasurer on wire payments and maintains strong internal controls. A bachelor's degree in accounting or finance and at least two years of accounting experience are required; insurance-industry background is a plus.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• 2+ years general accounting experience.
• Insurance industry experience is a plus.
• Strong analytical and communication skills.

Responsibilities

• Process disbursement activities, ensuring timely processing of accounts payable and employee expense reports.
• Coordinate wire payments with the Treasurer.
• Record activity for corporate credit cards and reconcile cash accounts.
• Prepare journal entries and assist with Oracle payable and GL modules.

Skills

Analytical

Organizational skills

Problem solving

Excellent communication

Time management

Attention to detail

Interpersonal skills

Proficiency with Microsoft Office

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle

Job description

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, "Essent") which serves the housing finance industry by offering private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. We are focused on managing risk and dedicated to serving as a strong and fair counterparty. As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry.

Title: Accounts Payable Specialist

Location: Radnor, PA (fully in-office)

The Accounts Payable/Accountant operates under regular supervision to perform activities of the accounting department necessary for the accurate and timely dissemination of financial reports and the accurate timely processing of accounts payable and employee expense reports. As a dynamic and resourceful professional, we will rely on you to perform the following duties:

• Process disbursement activities, ensuring the accurate and timely processing of accounts payable, employee expense reports and cash control.
• Coordinate certain wire payments with the Treasurer.
• Record activity for corporate credit cards.
• Answer vendor and employee inquiries, working with them toward timely resolution.
• Prepare required journal entries associated with cash activities, reconcile cash accounts.
• Assist with maintenance with Oracle payable and general ledger modules and the Concur vendor and employee payment processing modules.
• Maintain strong internal controls in the accounting department, including reconciliation of key accounts to supporting sub-ledger or detail.
• Perform account analyses and assist with the preparation of ad hoc analyses, reports and special projects as needed.
• Assist with the preparation and distribution of documentation for the annual audits, annual budgets and other internal and external reporting as needed.
• Identify ways to continuously improve the monthly accounting close process through technology and process enhancements.
• Maintain accounting records and files.
• Perform other duties as assigned by management.

Minimum Education & Experience Requirements:

• Bachelor's degree in Accounting or Finance preferred.
• Two plus (2+) years of general accounting experience.
• Insurance industry experience and knowledge of insurance statutory accounting principles a plus.
• Demonstrated analytical, organizational, and creative problem solving skills.
• Excellent oral and written communication skills.
• Excellent time management skills with the ability to identify and prioritize tasks.
• Strong attention to detail.
• Excellent time management with the ability to prioritize tasks.
• Well-developed interpersonal skills.
• Proficiency with technology, specifically Microsoft Windows and Office tools (Word, Excel, PowerPoint, Outlook) and accounting systems; Oracle experience a plus.

Our commitment to your success is enhanced by our competitive salary and comprehensive benefits package including paid time off, medical, dental, vision, 401(k) and disability benefits.

We work to maintain a positive environment for our employees, where people can learn and grow with the company.

Essent is an Equal Opportunity Employer.