Senior Accountant, AP - Dealer Receivables

Aqua Finance, Inc.; Minneota (MN); On-site; USD 78,000 - 110,000; Full time

Job summary

Aqua Finance, Inc. is seeking a Senior Accountant – Dealer Receivables to ensure accurate accounting, reporting, and oversight of dealer receivables and settlement activity. The role focuses on premium recapture and ancillary products, with an emphasis on controls, automation, and scalable processes.

The candidate will monitor dealer balances, reconcile accounts, support cross-functional initiatives, and ensure compliance with state regulations while delivering timely financial reporting.

Qualifications

• Bachelor’s degree in accounting or commensurate work experience.
• CPA certification preferred/required.
• 4 years of progressive accounting experience, including public accounting/internal controls.

Responsibilities

• Oversee dealer-related receivable balances and settlement activity.
• Design and implement financial controls for premium recapture and ancillary products.
• Monitor and reconcile dealer receivable accounts for accurate reporting.
• Partner with sales to update recapture terms and reporting logic.
• Serve as accounting contact for cross-functional initiatives impacting invoicing, payments and dealer transactions.
• Ensure refunds for ancillary products comply with state regulations.
• Research discrepancies and resolve dealer payment complaints.
• Translate changes into accounting requirements and assess downstream impact.
• Escalate cross-functional risks with recommended solutions.
• Evaluate new accounting processes and conduct accounting research.
• Perform other duties as assigned.

Skills

Data analysis

Advanced Excel

Microsoft Office Suite

Education

Bachelor’s degree in accounting

CPA certification

Tools

Excel

Microsoft Office Suite

Job description

The Senior Accountant – Dealer Receivables is responsible for accurate and timely accounting, reporting, and oversight of dealer-related receivable balances and settlement activity. This role will manage our premium recapture and ancillary products processes by designing and executing appropriate financial controls while driving automation and scalability. Monitor and reconcile dealer receivable accounts to ensure timely and accurate financial reporting for premium recapture and ancillary products

• Partner with sales team to ensure dealer participation recapture terms are appropriate and current including updating reporting calculation logic
• Serve as the primary accounting point of contact for cross-functional initiatives with business partners, dealers and vendors that impact financial reporting, invoicing, payments and dealer transactions
• Ensure customers are refunded for ancillary products in accordance with state regulations and properly tracked within the account
• Research and resolve discrepancies / complaints related to dealer payments
• Identify, implement and manage solutions to improve processes focused around legal and accounting regulations to ensure compliance is achieved
• Support and validate dealer disbursement activity through the Dealer Disbursement Application (DDA) through net settlement
• Translate operational or system changes into clear accounting requirements, ensuring downstream impacts are identified and addressed early
• Escalate cross-functional risks, issues, or ambiguities promptly with clear options and recommended solutions
• May evaluate new accounting processes and perform accounting research on new business transactions to determine appropriate accounting
• Other duties as assigned by Accounting Operations Management

Bachelor’s degree in accounting, or commensurate work experience required

• ~ CPA required
• ~4 years of progressive experience in accounting required
• ~2 years public accounting and/or internal controls experience preferred
• ~ Proficient in the utilization of Microsoft Office Suite
• ~ Advanced Excel skills and experience working with large data sets preferred
• ~ This position is an office-based position where you must be able to sit for long periods of time. The employee will be working on a computer 90% of the time.