Staff Accountant- Chicago IL

Staff Accountant 

Location: Downtown-Chicago, IL
Job Type: Full Time
Remote Work: Hybrid, Minimum 3 days in the office.

 

Description Overview

Old Republic Professional (“ORPRO”) is seeking a detail-oriented Staff Accountant to join our

growing team. The ideal candidate will have a solid foundation in accounting principles, advanced

excel skills, organizational and analytical skills, and an eye for accuracy. As an entry level Staff

Accountant with 1-2 years of experience, you will play a crucial role in maintaining financial

records, preparing monthly financial statements, and ensuring compliance with accounting

policies, procedures, and internal controls. Additionally, you will oversee the billing processes,

including accounts receivable and accounts payable. When processing financial documents, you

may look for ways to improve efficiency and recognize unnecessary expenses.

 

Job Responsibilities

• Assist in preparing monthly reinsurance reports for internal and external reporting.

• Prepare quarterly GAAP financial statements and annual federal income tax return.

• Maintain the integrity of our general ledger and insurance sub ledger; work with system

manager to improve controls and business processes.

• Assistance with maintaining internal controls and working with the internal audit

department as well as external auditors.

• Monthly account reconciliation.

• Manage Special projects.

• Perform general cost accounting and other related duties for the organization.

• Assist Senior Accountant with preparation of quarterly balance sheets, income

statements, and profit and loss statements.

• Assist the accounting clerk with coding of invoices and reconciliation of accounts

payable.

• Reconcile bank accounts monthly, verify deposits, and address inquiries from banks.

• Reconcile cash disbursement accounts, payroll, customer accounts, and other financial

accounts; manage accounts receivable collections.

• Verify and/or complete payment of invoices associated with accounts payable and

ensure payments are charged to the proper accounts.

• Collaborate with internal and external auditors and gather necessary account information

and documents to perform annual audit.

• Maintain knowledge of acceptable accounting practices and procedures.

• Performs other related duties as assigned.

Job Requirements

Bachelor’s degree in accounting related field required.

CPA preferred, but not required.

Must have advanced Microsoft Excel skills.

Exceptional verbal and written communication skills.

Ability to read and analyze financial reports.

Excellent organizational skills and attention to detail.

Proven ability to handle multiple projects simultaneously.

Knowledge of general financial accounting and cost accounting.

Understanding of and the ability to adhere to generally accepted accounting principles.

Strong analytical and interpretive skills.

Effective time management and organizational skills.

Detail-oriented, adaptable, and strategic in decision-making.

Ability to work independently and remain self-motivated in a fast-paced environment.

Experience maintaining confidentiality of work-related information and materials.

Prior experience with Property & Casualty insurance and/or reinsurance a plus.


 

Qualified candidates must submit a resume to

applications@oldrepublicpro.com

 

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