Accounting Associate Job Vacancy in FM Global Plainfield, CT 06374 – Updated today
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Full Details :
Company Name : FM Global
Location : Plainfield, CT 06374
Position :
Job Description : More information about this job:
Overview:
FM Global is a leading property insurer of the world’s largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles
Responsibilities:
Tracking Responsibilities:
Request account updates from collectors according to tracking schedule to ensure the latest account information will be reflected in reports.
Responsible for providing timely updates to Account Teams, including premium status and other related account information.
Maintain complete and accurate Tracker calendar and schedule as agreed with Account Teams and Collections.
Maintain accounts receivable records so that premiums can be collected, identified, and cleared in a timely manner.
Provide accurate reports on incoming payments and invoice status to supervisor per schedule.
Assist the supervisor with other duties as assigned.
Accounting Responsibilities:
Analyze, research, and reconcile large, multi-national, complex payments that may include various currencies.
Ensure accurate and timely allocation of incoming funds payments.
Effectively communicate with Brokers, Insureds, World Reach Partner Companies (WRP), corporate staff and/or operations worldwide to resolve discrepancies.
Process outgoing claims or premium payments in an expedited manner; research and resolve any issues that may arise.
Review open credits due to Brokers, Insureds or WRPs to determine if they are available for payment, arrange payment when applicable and send remittance details.
Work with Collections to research and resolve payment discrepancies.
Import and maintain supporting documentation for A/R related activities to ensure compliance with document retention policies.
Assist the Accounts Receivable Supervisor and/or Manager with other duties as deemed appropriate.
Qualifications:
Qualifications:
Finance/Accounting Degree preferred!
1-3 years experience in accounts receivable, payment application, transactions or related area
Preferred Experience:
PeopleSoft/Oracle
Previous Finance/Accounting/Insurance background
Calendar Management
Working with foreign currencies
Required Skills:
Solid time management skills
Strong organizational abilities
Intermediate Excel
Intermediate Outlook
Excellent oral and written communication skills
Critical thinking and problem-solving capabilities
Attention to Detail
Strong analytical skills
We offer our employees a wide range of benefits including career long learning opportunities, tuition reimbursement, 401 (k), pension, flexible schedules, rich health and well-being programs, generous time off allowances, volunteer days and so much more!
FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Please note that all FM Global visitors, including external candidates interviewing for open positions will be required to be vaccinated and should be prepared to provide proof of vaccination.
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