Overview In this Contract Accountant III role in Newport Beach, you will manage complex policyholder cash activity, suspense accounts, and reconciliations, ensuring accurate financial reporting. You will monitor daily transactions using ARCS, investigate reconciling items, and collaborate with Operations, Treasury, Tax and other teams to resolve issues. You will drive process improvements, strengthen internal controls, and support audits, system implementations, and UAT from an accounting perspective. The position emphasizes operational accounting excellence and cross-functional partnership to reduce risk.
Responsibilities- Prepare and review complex policyholder cash and suspense accounts and reconciliations
- Monitor daily ARCS transactions and reconciliations
- Investigate and resolve reconciling items with Operations teams
- Analyze processes to boost efficiency, automation, and controls
- Collaborate with Operations, Treasury, Tax, and other Accounting teams to resolve issues
- Support ICFR compliance and internal controls
- Develop process documentation and standard operating procedures
- Support audits and respond to internal/external requests
- Act as subject matter expert for operational accounting in supported lines
- Provide guidance to team on complex issues
- Participate in system implementations, UAT, and process enhancements
- Support new product implementations from an accounting standpoint
Key requirements- Bachelor's degree in Accounting, Finance, or related field (or equivalent experience)
- 8+ years of progressive accounting or finance experience with operational accounting, reconciliations, or financial reporting
- Strong understanding of general ledger accounting, balance sheet reconciliations, and financial controls
- Demonstrated ability to research and resolve complex accounting issues
- Strong analytical, organizational, and problem-solving skills
- Ability to prioritize multiple responsibilities in a fast-paced environment
- analytical thinking
- strong communication with business partners
- prioritization and organization
- Oracle ARCS (reconciliation tool)
- general ledger accounting
- balance sheet reconciliations
