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DB Insurance Co., Ltd.

AP/AR Supervisor

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timeAnaheim, CA, USA$70k - $100k /yr

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • At least 5 years of accounting experience in the insurance industry exclusively on the carrier side, with strong expertise in accounts payable and accounts receivable operations, is required.
  • Proficiency in accounting software such as SAP or similar software is required.
  • Strong understanding of accounting principles, cash flow management, and financial reporting is essential.
  • Strong analytical, problem-solving, and organizational skills are required.
  • The candidate should be self-driven, proactive, and take ownership of their work.

Responsibilities

  • Oversee daily verification of premium collections, including reconciling policy system records with actual premium receipts and conducting related review procedures.
  • Oversee and support month-end and year-end close activities, including account reconciliations and resolution of discrepancies.
  • Analyze financial data to identify trends, variances, and potential issues, and provide insights and recommendations to management.
  • Manage accounts receivable and accounts payable, including monitoring, reconciliation, and settlement.
  • Oversee operating expense disbursements and budgets in accordance with company policies and internal controls.
  • Support tax preparation and compliance efforts, including coordinating state and federal tax documentation.
  • Evaluate, plan, and implement new systems and software to improve business processes.
  • Supervise and support AP and AR specialists in their day-to-day responsibilities, providing guidance, training, and feedback as needed.
  • Assign and monitor daily tasks to ensure timely completion of invoice processing, payment runs, cash application, and collection activities.
  • Review team members’ work for accuracy, completeness, and compliance with established procedures before final processing or escalation.
  • Provide ongoing coaching and support to team members and assist the Manager with performance feedback and staff development.
  • Identify operational issues and recommend improvements to AP/AR workflows, controls, and procedures.
  • Handle routine vendor, customer, and internal department inquiries and escalate complex or sensitive matters to the Manager as appropriate.
  • Ensure required documentation is maintained and support internal controls, audits, and other compliance-related activities.
  • Monitor outstanding AP/AR items, follow up on aging balances or unresolved issues, and provide status updates to management.

Desired Qualifications

  • Strong knowledge of NAIC reporting, SSAP, and other applicable financial reporting standards is preferred.
  • Familiarity with Statutory Accounting Principles (SAP) is highly preferred.
  • A CPA or other relevant certification is a plus.

About the Company

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