Accounting Clerk

The Accounting Clerk is responsible supporting the financial integrity of the organization through oversight of daily accounting activities, reconciliation, and analysis. This role will ensures accuracy and compliance in financial transactions and applies accounting principles to resolve discrepancies by performing complex problem-solving skills and exercising discretion on accounting matters.

Responsibilities:

• Oversee the recording and reconciliation of financial transactions including but not limited to daily deposits and ACH transactions, along with bank reconciliations, commission reconciliations, preparing premium finance agreements, managing questions from insureds on their direct and agency bill accounts, and follow-up on aged accounts receivable.
• Evaluate and resolve inquiries related to billing and account status, applying discretion in determining appropriate resolutions within company guidelines.
• Maintain oversight of financial records and filing systems including filing within ImageRight and Microsoft Teams ensuring accuracy and compliance with record-keeping standards.
• Manage Accounts Payable including carrier and operating payables, along with return premium checks to insureds.
• Ensures compliance with regulatory requirements, including oversight of licensing and related documentation.
• Manages printing and distributing SIG invoicing and statements and running the daily process.
• Collaborate with the Controller to prepare for internal and external audits by gathering, reviewing, and validating supporting documentation.
• Other duties as assigned by the Controller that require financial analysis, judgment, and recommendations to support the organization.

Required Skills/Abilities

• Strong analytical skills with the ability to interpret and apply accounting principles
• Ability to problem-solve accounting issues
• Ability to identify and resolve accounting discrepancies using independent judgment.
• Ability to quickly grasp new technologies and adapt to using evolving tools
• Ability to accurately and efficiently enter data into computer software and systems accurately and in an organized fashion.
• Basic understanding of accounting principles and procedures.
• Ability to communicate effectively with clients and colleagues.
• Ability to identify and resolve accounting discrepancies.
• Familiarity with insurance industry terminology and practices is a plus.
• Ability to manage multiple tasks and priorities in a fast-paced environment.
• Strong attention to detail and to identify and correct errors in financial data
• Ability to work both independently and as part of a team.
• Proficiency with PC and MS Office (Word and Excel)

Education and Experience

• High School Diploma or Equivalent required.
• Experience with accounting or bookkeeping preferred

Benefits

• Salary: $65,000-$75,000 annually.
• Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families.
• 401K with employer matching.
• PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time.
• A casual office environment with a dedicated and professional team.
• Hybrid opportunities in Berwyn, PA.

About Sovereign Insurance Group
Since 1959, Sovereign Insurance Group has been a leader in the nonprofit, commercial property and casualty marketplace. A growing company that has expanded from one location in Southeastern PA to a multi-state organization, we are poised to continue our expansion.

We believe in approaching our clients, our insurance companies, and our employees with humility and always considering the other party's interests above our own. This philosophy guides us in taking our talents, our time, and industry know-how to provide the best overall results we can for our clients.