Lombard International Looking for Accounting Associate at United States, Pennsylvania, Philadelphia Full Time

Position Summary

This accounting associate position will support various general accounting, treasury, investment accounting, and financial reporting duties associated with Lombard International Life Assurance Company and various affiliate entities.

Working Environment

• Remote work environment, with expectations to be present in the office approximately 2-4 times per month
• Additional time in office as required for on-boarding

Responsibilities

• Daily maintenance of the companies’ bank account activity:

  • Monitoring daily bank account activity
  • Ensuring activity is entered into the general ledger system on a timely basis
  • Ensuring daily book and bank balances are in balance and invetigating/resolving reconciling items
  • Preparing monthly bank account reconciliations

• General accounting and accounts payable functions

  • Initiating vendor payments from the company’s Accounts Payable System (Concur)
  • Initiating vendor payments that may occur outside the company’s Accounts Payable System (Concur)
  • Organization and maintenance of the company’s process for scanning/saving check disbursements and documentation of disbursements that occur outside of the company’s Accounts Payable System (Concur)
  • Organization and maintenance of the logging and documenting of check deposits and/or other manual deposits received by the companies.

• Role in the monthly/quarterly accounting close and related internal close processes to include:

  • Preparation of certain month/end journal entries
  • Preparation of individual general ledger account reconciliations
  • Overall analytical reviews/fluctuation analysis of certain domestic entities of monthly results against prior periods.

• Assist in the daily initiation of policyholder disbursement wires and other general company wire and ACH disbursements

• Support of investment accounting functions

  • Monthly valuations of policyholder investment accounts
  • Reconciliation of policyholder activity between brokerage information and Lombard’s administration system
  • Processing of managed account investment transactions
  • Reconciliation of investment valuations and holdings between investment accounting system and Lombard’s administration system
  • Assist in financial reporting as it relates to managed account investments.

• Assist in the preparation of annual 1099 forms
• Provide assistance as necessary with quarterly and annual state insurance department compliance filings

Desired Skills and Experience

• Bachelor’s degree in accounting or finance
• Previous experiecne a plus but not required
• Proficiency in Microsoft Office Suite, particularly Outlook, Excel and Word
• Strong interpersonal skills; abilit to develop positive working relationships within finance team and other teams in the organization
• Willingness to work extended hours as required

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

Lombard International is committed to creating a diverse and inclusive workforce and we are proud to be an equal opportunity employer that does not discriminate against any employee or applicant on the basis of race, religion, color, age, national origin, sexual orientation, disability, gender identity or any other state, federal or local protected class. At Lombard International, we understand that cultivating and maintaining a culture of diversity and inclusion allows the company to thrive and creates an environment where everyone feels empowered, respected and valued.