Cash Disbursement Analyst

Blue Cross Blue Shield of Michigan; Lansing (MI); On-site; USD 52,000 - 76,000; Full time

Job summary

AF Group in Lansing, MI, is hiring for an accounting-focused role responsible for general disbursements, ledger entries, and daily cash management. The position requires strong attention to detail and experience with accounts payable and reporting systems. You will work with internal teams and bank partners to ensure timely payments.

The role emphasizes data integrity, reconciliation, and unclaimed property support, with opportunities to contribute to a broader cash management function.

Qualifications

• Post-secondary education in accounting or related field; includes journal entries and general ledger basics.
• Experience with accounts payable, general ledgers and financial reporting systems preferred.
• Combination of education and work experience may be considered in lieu of credit hours.

Responsibilities

• Balances, validates, prints, and distributes general disbursements for the enterprise.
• Performs all daily, monthly, and quarterly ACH and wires for the enterprise, including inter-company payments and reimbursements.
• Maintains and validates data accuracy in ancillary systems and confidential information.
• Updates policy payments and unclaimed property information in Waypoint/W eb series.
• Responds to internal/external requests regarding check status and copy requests.

Skills

Mathematical calculations

Proofreading

Organizational skills

Oral and written communication

General accounting knowledge

Word processing & desktop software

Spreadsheet applications

Data entry accuracy

Deadline management

Diplomacy and judgment

Education

Associate degree in accounting

Bachelor’s degree in accounting or finance

Job description

Compensation: Competitive Compensation and Benefits Package

About Us

AF Group’s focused and passionate team uses industry-leading best practices, analytics and resources to manage risk and minimize loss for our policyholders while strengthening businesses with our valued independent agent partners.

We strive to continuously increase the long‑term value of our organization by outperforming our industry peers and fostering a culture of underwriting and claims excellence.

Responsible for initiating, printing, and distributing general disbursements for the entire enterprise. Completes routine general ledger entries. Research and updates payee ...

Responsibilities

Check Status

Requests and verifies check stop payment and void requests from all operating units with banking institutions for Refunds, Accounts Payable, Dividends, Commissions ...

Issues required correspondences to payees regarding unclaimed property. Extracts information regarding outstanding checks from Web series for unclaimed ...

Accounts Payable

Determines the number of accounts payable checks issued for Accident Fund General and Accident Fund National disbursements and requests the amounts be ...

Documents

Creates daily reports for management team of cash position for each operating unit. Maintains detailed spreadsheets of cash position for the enterprise ...

Research

Research checks issued for the enterprise. Research policy payments for policy holders in Waypoint.

Data

Maintains and verifies data accuracy in ancillary systems.Maintains confidentiality of information processed.

Quality Assurance

Performs testing of check printing software, Web series, when updates or changes are made to system.

Assist

Assist with inquiries regarding unclaimed property with the reporting states.

Requirements

Education

High school diploma or G.E.D. Minimum of an Associate degree in accounting. Combinations of relevant education and work experience may be considered in lieu of credit ...

Experience

Minimum of three (3) experience in accounts payable, general ledgers and financial reporting systems or equivalent work which provides the necessary skills ...

Knowledge

Basic knowledge of general accounting and bookkeeping methods, including journal entries, general ledger accounts and cost center structures. Basic knowledge of word ...

Skills

Ability to perform mathematical calculations. Ability to proofread documents for accuracy of calculations. Effective organizational skills and the ability to prioritize ...

About Us

AF Group’s focused and passionate team uses industry-leading best practices, analytics and resources to manage risk and minimize loss for our policyholders while strengthening businesses with our valued independent agent partners.

We strive to continuously increase the long‑term value of our organization by outperforming our industry peers and fostering a culture of underwriting and claims excellence.

AF Group (Lansing, Mich.) and its subsidiaries are a premier provider of innovative insurance solutions. Insurance policies may be issued by any of the following companies within AF Group: Accident Fund Insurance Company of America, Accident Fund National Insurance Company, Accident Fund General Insurance Company, United Wisconsin Insurance Company, Third Coast Insurance Company, or CompWest Insurance Company.

View Summary

Company: AF Group

Location: Lansing, USA

Level: Non-Manager

Compensation: Competitive Compensation and Benefits Package

JobFamily:

Industry: Insurance Services

Overview

Responsible for initiating, printing, and distributing general disbursements for the entire enterprise. Completes routine general ledger entries. Research and updates payee information. Supports daily cash management processes and prepares daily disbursement reporting. Contacts include enterprise employees, claimants, policyholders, enterprise vendors Blue Cross Blue Shield cash management team, and bank liaisons.

WORKING CONDITIONS:

Work is performed in an office setting with no unusual hazards.

Responsibilities

• Balances, validates, prints, and distributes general disbursements for the enterprise.
• Performs all daily, monthly, and quarterly ACH and wires for the enterprise, including inter-company payment, vendor, and employees’ expenses reimbursements.
• Determines the number of accounts payable checks issued for Accident Fund General and Accident Fund National disbursements and requests the amounts be swept between companies.
• Requests and verifies check stop payment and void requests from all operating units with banking institutions for Refunds, Accounts Payable, Dividends, Commissions, and Profit‑Sharing checks.
• Creates daily reports for management team of cash position for each operating unit.
• Maintains detailed spreadsheets of cash position for the enterprise.
• Executes routine general ledger journal entries for the enterprise, including, but not limited to, cash entries, loss payment entries, stops and voids, adjusting entries, and re‑classing entries for Accounts Payable disbursement checks.
• Research checks issued for the enterprise.
• Update Web series with daily check status.
• Issues required correspondences to payees regarding unclaimed property. Extracts information regarding outstanding checks from Web series for unclaimed property reporting.
• Update/check status in Tracker for outstanding checks.
• Assist with inquiries regarding unclaimed property with the reporting states.
• Responds to internal and external requests regarding check status and check copy requests.
• Research policy payments for policy holders in Waypoint.
• Request policy payment checks from banking institutions for refund research.
• Completes ad hoc queries of ancillary systems.
• Performs testing of check printing software, Web series, when updates or changes are made to system.
• Maintains and verifies data accuracy in ancillary systems.
• Maintains confidentiality of information processed.
• Balances, validates, prints, and distributes general disbursements for the enterprise.
• Performs all daily, monthly, and quarterly ACH and wires for the enterprise, including inter-company payment, vendor, and employees’ expenses reimbursements.
• Determines the number of accounts payable checks issued for Accident Fund General and Accident Fund National disbursements and requests the amounts be swept between companies.
• Requests and verifies check stop payment and void requests from all operating units with banking institutions for Refunds, Accounts Payable, Dividends, Commissions, and Profit‑Sharing checks.
• Creates daily reports for management team of cash position for each operating unit.
• Maintains detailed spreadsheets of cash position for the enterprise.
• Executes routine general ledger journal entries for the enterprise, including, but not limited to, cash entries, loss payment entries, stops and voids, adjusting entries, and re‑classing entries for Accounts Payable disbursement checks.
• Research checks issued for the enterprise.
• Update Web series with daily check status.
• Issues required correspondences to payees regarding unclaimed property. Extracts information regarding outstanding checks from Web series for unclaimed property reporting.
• Update/check status in Tracker for outstanding checks.
• Assist with inquiries regarding unclaimed property with the reporting states.
• Responds to internal and external requests regarding check status and check copy requests.
• Research policy payments for policy holders in Waypoint.
• Request policy payment checks from banking institutions for refund research.
• Completes ad hoc queries of ancillary systems.
• Performs testing of check printing software, Web series, when updates or changes are made to system.
• Maintains and verifies data accuracy in ancillary systems.
• Maintains confidentiality of information processed.

Requirements

EDUCATION REQUIRED:

• High school diploma or G.E.D.
• Minimum of an Associate degree in accounting.
• Combinations of relevant education and work experience may be considered in lieu of credit hours.

EXPERIENCE REQUIRED:

• Minimum of three (3) years' experience in accounts payable, general ledgers and financial reporting systems or equivalent work which provides the necessary skills, knowledge, and abilities.

OR

• Bachelor’s degree in accounting or finance and one year of experience in accounts payable, general ledgers and financial reporting systems.

SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:

• Ability to perform mathematical calculations.
• Ability to proofread documents for accuracy of calculations.
• Effective organizational skills and the ability to prioritize work.
• Effective oral and written communication skills.
• Basic knowledge of general accounting and bookkeeping methods, including journal entries, general ledger accounts and cost center structures.
• Basic knowledge of word processing, database applications and other desktop software.
• Knowledge of spreadsheet applications.
• Ability to enter alpha/numeric data accurately.
• Ability to meet established deadlines.
• Ability to use diplomacy, discretion and appropriate judgment when addressing callers.