Accounts Payable/Accounts Receivable Specialist

Ufg Insurance - Cedar Rapids, IA

Full-time - Mid Level

Cedar Rapids, IA

Insurance Carriers and Related Activities

About the position

UFG Insurance is seeking an Accounts Payable/Accounts Receivable Specialist responsible for managing the payment of invoices, issuing checks, and performing month-end balancing procedures. The role involves assisting with the company credit card program, processing employee travel and expense reports, and maintaining accurate data entry and expense allocation. The specialist will also handle accounts receivable tasks and support payment-related requests from auditors and the Corporate Finance team.

Responsibilities

• Process AP Invoices for payment via check, EFT, or credit card.
• Verify purchase orders and vendor invoices for proper approval and accurate coding.
• Issue daily checks and EFT/ACH payments.
• Process manual ACHs and payroll ACHs, voids, and stop payments through the online banking system.
• Communicate effectively with vendors and employees regarding invoices and payments.
• Assist with employee Travel and Expense reports in Concur for reimbursement.
• Monitor travel reports for compliance with Corporate Travel Policy.
• Assist with the company credit card program, including approving daily entries and balancing statements.
• Complete daily and month-end balancing activities and other treasury activities.
• Balance the Daily Claims Spreadsheet within the rotation schedule.
• Assist with Form 1099 corrections and year-end processing.
• Perform Accounts Receivable responsibilities, including processing cash receipt entries and claims system coding.
• Research and resolve discrepancies related to accounts payable/receivable and balancing issues.
• Support both internal and external audit processes by preparing documentation and assisting with explanations.

Requirements

• Associate's degree in Accounting or commensurate experience in accounts payable/receivable.
• 2-3 years of accounting experience, including both accounts payable and accounts receivable.
• Proficient in accounting software and strong Excel skills.
• Accurate data entry skills and strong organizational abilities.
• Excellent verbal and written communication skills.
• Critical thinking and problem-solving skills.

Nice-to-haves

• Property & Casualty Insurance experience preferred.