UFG Insurance is a property and casualty insurer serving businesses through commercial coverage and related risk services. Its offerings include inland marine, commercial property and liability, workers’ compensation, surety, excess and surplus, reinsurance, and businessowners policies. The company works with agents and brokers supporting organizations in fields such as manufacturing, construction, real estate, architecture and engineering, heavy equipment, and other small to mid-sized businesses. Its insurance operations also include claims service, risk control consulting, premium audit, and in-house support capabilities.
Accounts Payable and Receivable Specialist at UFG Insurance
Support UFG Insurance’s accounts payable and receivable operations, including invoice payments, cash receipts, reconciliations, and financial controls. Contribute to credit card administration, audits, and finance transformation initiatives.
Description
- Process invoices for payment by check, EFT, or credit card
- Confirm purchase orders and vendor invoices have appropriate approvals and accurate coding
- Issue daily check and EFT/ACH payments
- Handle manual ACH and payroll ACH transactions, check voids, and stop-payment requests
- Respond to vendor and employee questions about invoices and payments
- Support employee travel and expense reporting in Concur while monitoring compliance with the Corporate Travel Policy
- Administer company credit card activities by reviewing ledger entries, balancing statements, preparing journal entries, requesting and canceling cards, and resolving inquiries or fraudulent charges
- Perform daily and month-end balancing, along with other treasury activities
- Reconcile the Daily Claims Spreadsheet and resolve outstanding differences
- Support Form 1099 corrections and year-end processing
- Handle accounts receivable activities, including cash receipt entries, claims-system coding, and cash receipts
- Provide accurate and timely information on cash, checks, electronic funds, and bank deposits
- Process foreign cash and coding sheets
- Investigate and resolve accounts payable, accounts receivable, and balancing discrepancies
- Prepare SOX-compliant documentation and support internal control requirements
- Respond to audit requests and assist with internal controls and testing evidence
- Contribute to process improvements, reporting standardization, and data-flow automation initiatives
- Partner with operations and IT on finance transformation initiatives
- Carry out other assigned responsibilities, including backup support for Corporate Finance
Requirements
- Associate degree in accounting or equivalent accounts payable and receivable experience
- Two to three years of accounting experience covering both accounts payable and accounts receivable
- Previous property and casualty insurance experience is preferred
- Proficiency with accounting software
- Strong Excel skills
- Analytical and problem-solving ability with careful attention to accuracy and detail
- Strong organizational and time-management skills
- Ability to manage competing priorities, meet deadlines, and perform effectively in a dynamic environment
- Ability to work independently and collaborate effectively with a team
- Excellent written and verbal communication skills
- Critical-thinking and problem-solving ability
- Self-motivated approach to work
- Willingness to travel infrequently as needed
Benefits
- Annual incentive compensation
- Medical, dental, vision, and life insurance
- Accident, critical illness, and short-term disability insurance
- Retirement plans with employer contributions
- Generous paid-time-off program
- Programs supporting employee well-being and financial security