Senior Specialist, Accounting Transactions

AAA Mid-Atlantic; Wilmington (DE); Hybrid; USD 54,000 - 76,000; Full time

Benefits offered by this job

Hybrid schedule

Health benefits

401(k) plan with company match

Tuition reimbursement

Paid time off and holidays

Volunteer opportunities

Free AAA Premier Membership

Learning reimbursement

Job summary

AAA Club Alliance is hiring a Senior Specialist, Accounting Transactions to join our team. This role ensures accuracy and integrity in recording, reconciliation, and reporting of financial and insurance-related transactions, supporting month-end close and collaborating with internal departments and external carriers.

The role offers a hybrid schedule (3 days on-site weekly), comprehensive benefits, 401(k) with match, bonus eligibility, tuition reimbursement, and opportunities for development.

Qualifications

• Bachelor's degree in accounting or equivalent combination of education and/or experience in accounting, finance, or insurance operations.
• 3 years of experience in corporate accounting, financial operations, or insurance agency administration.
• Experience working with insurance premiums, commissions, or carrier transactions preferred.

Responsibilities

• Record, reconcile, and report financial information in accordance with company policies, and established procedures.
• Prepare and review journal entries, reconciliations, and monthly accounting reports to ensure accuracy and completeness.
• Reconcile insurance carrier receivables, bank accounts, and premium sweep accounts within prescribed deadlines.
• Prepare, upload, validate, and balance insurance commission and premium transactions within agency management and financial systems.
• Administer and ensure accurate and timely variable compensation and commission payments to sales associates, sub-producers, and partners.
• Maintain detailed accounting records for revenues, receivables, payables, premiums, and commission deposits.
• Investigate, research, and resolve unusual transactions, discrepancies, chargebacks, and exceptions.
• Coordinate with internal departments and external insurance carriers to resolve accounting and operational issues.
• Support month-end and year-end close processes, including general ledger reconciliations and audit support.
• Prepare recurring and ad hoc financial, compensation, and insurance operations reports for management and auditors.
• Document accounting treatment and operational procedures for new or changing processes.
• Recommend process, system, and control improvements to increase efficiency, accuracy, and risk mitigation.
• Train and cross-train team members on accounting, reconciliation, and insurance administration procedures.
• Provide backup support to supervisors and peers and assist with special projects as assigned.
• Other job duties as assigned.

Skills

Accounting principles

Reconciliations

Financial reporting

Excel proficiency

Analytical thinking

Attention to detail

Multitasking

Communication skills

Education

Bachelor's degree in accounting

Tools

Microsoft Excel

Agency management systems

Job description

AAA Club Alliance is hiring for a Senior Specialist, Accounting Transactions to join our team! This role ensures accuracy, integrity in the recording, reconciliation, and reporting of financial and insurance-related transactions. The Senior Specialist provides accounting support, manages insurance premium and commission operations, and safeguards revenue through effective controls, reconciliations, and reporting. This position supports month-end and year-end close processes, interacts with internal departments and external carriers, and assists leadership through process improvement, reporting, and operational oversight.

What We Offer:

As part of our team, you'll enjoy a total rewards package designed to support your well-being, growth, and work-life balance. Our package includes:

• Competitive annual salary; the starting base compensation for this position is: $53,848-$75,593*
• Annual Bonus Eligibility
• Hybrid schedule (3 days on-site weekly)
• Comprehensive health benefits package
• Generous accrued paid time off + 8 paid holidays
• 401(K) plan with company match up to 7%
• Professional development opportunities and tuition reimbursement
• Paid time off to volunteer & company-sponsored volunteer events throughout the year
• Other benefits include a free AAA Premier Membership, Health & Wellness Program, Health Concierge Service, Life Insurance and Short Term/Long Term Disability

* The base pay range shown is a guideline for compensation and ultimate salary offered will be based on factors such as applicant experience and geographic location.

Primary Responsibilities:

• Record, reconcile, and report financial information in accordance with company policies, and established procedures.
• Prepare and review journal entries, reconciliations, and monthly accounting reports to ensure accuracy and completeness.
• Reconcile insurance carrier receivables, bank accounts, and premium sweep accounts within prescribed deadlines.
• Prepare, upload, validate, and balance insurance commission and premium transactions within agency management and financial systems.
• Administer and ensure accurate and timely variable compensation and commission payments to sales associates, sub-producers, and partners.
• Maintain detailed accounting records for revenues, receivables, payables, premiums, and commission deposits.
• Investigate, research, and resolve unusual transactions, discrepancies, chargebacks, and exceptions.
• Coordinate with internal departments and external insurance carriers to resolve accounting and operational issues.
• Support month-end and year-end close processes, including general ledger reconciliations and audit support.
• Prepare recurring and ad hoc financial, compensation, and insurance operations reports for management and auditors.
• Document accounting treatment and operational procedures for new or changing processes.
• Recommend process, system, and control improvements to increase efficiency, accuracy, and risk mitigation.
• Train and cross-train team members on accounting, reconciliation, and insurance administration procedures.
• Provide backup support to supervisors and peers and assist with special projects as assigned.
• Other job duties as assigned.

Minimum Qualifications:

• Bachelor's degree in accounting or equivalent combination of education and/or experience in accounting, finance, or insurance operations.
• 3 years of experience in corporate accounting, financial operations, or insurance agency administration.
• Experience working with insurance premiums, commissions, or carrier transactions preferred.

Knowledge Skills and Abilities:

• Strong understanding of accounting principles, reconciliations, and financial reporting.
• Proficiency in Microsoft Excel and financial, accounting, or agency management systems.
• Demonstrated analytical and problem-solving skills with high attention to detail.
• Ability to manage multiple priorities, work independently, and meet strict deadlines.
• Effective verbal and written communication skills for interaction with internal teams, management, and external partners.

Full time Associates are offered a comprehensive benefits package that includes:

• Medical, Dental, and Vision plan options
• Up to 2 weeks Paid parental leave
• 401k plan with company match up to 7%
• 2+ weeks of PTO within your first year
• Paid company holidays
• Company provided volunteer opportunities + 1 volunteer day per year
• Free AAA Membership
• Continual learning reimbursement up to $5,250 per year
• And MORE! Check out our Benefits Pagefor more information

ACA is an equal opportunity employer and complies with all applicable federal, state, and local employment practices laws. At ACA, we are committed to cultivating a welcoming and inclusive workplace of team members with diverse backgrounds and experiences to enable us to meet our goals and support our values while serving our Members and customers. We strive to attract and retain candidates with a passion for their work and we encourage all qualified individuals to apply. It is ACA's policy to employ the best qualified individuals available for all positions. Hiring decisions are based upon ACA's operating needs, and applicant qualifications including, but not limited to, experience, skills, ability, availability, cooperation, and job performance.

Job Category:

Accounting