Process Specialist - Balance Sheet
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Process Specialist - Balance Sheet
Ref No.: 18-00094
Location: Batesville, Indiana
Initiative: BSS Specialist
  • Duration: 13-Aug-2018 - 16-Nov-2018
  • Status:Open
  • Business Unit:Operations and IT
  • Education Level:Associates/Technical Degree
  • Background Check Reqd: Yes
  • Ambition and desire to succeed by delivering quality and effective results with minimal guidance
    • Ability to handle multiple responsibilities and prioritize as necessary
    • Positive attitude even when faced with difficult obstacles, issues, or challenges
    • Effective communication and interpersonal skills
    Our client is seeking a contractor to join the Operations team. The team is responsible for the management of servicer relationships, balance sheet substantiation, control operations, and other strategic initiatives. The candidate will be joining our Batesville team with a role focused on balance sheet substantiation (BSS). This monthly reconciliation function is a key control process helping us identify and react to variances quickly and efficiently to ensure data accuracy and reduce financial risk. The candidate will be expected to validate our general ledger balances using various sources and identify, research and reach out to the appropriate business owners to resolve variances in a timely matter.

    Responsibilities may include, but are not limited to:
    • Work with Third Party Administrators (TPAs) and internal parties to perform reconciliations of balance sheet accounts related to various insurance blocks of business.
    • Gather account transaction and balance information from TPAs and other internal business owners.
    • Input data into spreadsheet templates and Blackline system, track and investigate reconciliation variances
    • Run and distribute reconciliation activity reports
    • Participate in department-wide initiatives aimed at continuous process and infrastructure improvement for relevant processes

      Desired Attributes and Characteristics:
    • Interest in finance/accounting with reconciliation experience
    • Organized with a strong data entry and attention to detail skill set
    • Eagerness to learn and solid work ethic
    • Strong problem solving skills
    • Motivation to work in a team oriented environment
  • Requirements:
    • Associates degree in Finance, Accounting, or equivalent combination of education and experience
    • approximately 1000 accounts as a team that they are responsible for balancing monthly and or quarterly.
    • Prior experience with balance sheet and/or bank reconciliations
    • Proficiency with Microsoft Office suite, specifically Excel
    • Past experience with BlackLine and/or PeopleSoft systems is a plus