General Accountant (with Accounts Payable focus)

Posted 5 Days Ago
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Woodcliff Lake, NJ, USA
In-Office
55K-60K Annually
Junior
Insurance
The Role
Processes vendor invoices and payment runs, maintains vendor records, reconciles accounts, and resolves discrepancies. Supports journal entries, accruals, month-end and year-end close, audits, tax filings, compliance activities, and NAIC filing schedules. Maintains accurate financial records while applying GAAP, internal controls, and company approval policies. Collaborates across departments and handles sensitive financial information with discretion.
Summary Generated by Built In

Job Summary:

We are seeking a detail-oriented and reliable General Accountant with extensive Accounts Payable (AP) experience to join our finance team. This role will be responsible for maintaining accurate financial records, processing vendor invoices, ensuring timely payments, reconciling accounts, and assisting with general accounting tasks. The ideal candidate is organized, analytical, and has a solid understanding of accounting principles and financial reporting.

Key Responsibilities

Accounts Payable

  • Process vendor invoices, verify accuracy, obtain approvals, and code expenses to the correct account.
  • Prepare and execute weekly/bi-weekly payment runs (checks, ACH, wires).
  • Maintain vendor files, manage W-9s, and assist with 1099 reporting.
  • Reconcile vendor statements and resolve discrepancies in a timely manner.
  • Ensure compliance with Company policies and approval processes.

General Accounting

  • Assist in preparing journal entries, accruals, and adjustments.
  • Reconcile balance sheet accounts monthly, including bank reconciliations.
  • Support month-end and year-end close activities.
  • Maintain accurate and organized financial records.
  • Assist with audits, tax filings, and compliance requirements.
  • Collaborate with other departments to support financial operations.
  • Assist in the preparation of certain schedules & exhibits related to the Company’s NAIC filings.

Qualifications:

●     Associate’s or Bachelor’s degree in Accounting, Finance, or a related field preferred

●     2+ years of accounts payable or general accounting experience

●     Microsoft Office (Excel, Word, etc.) 

●     Understanding of GAAP and internal controls related to disbursements

●     Strong attention to detail, accuracy, and time management skills

●     Excellent communication and interpersonal skills

●     Ability to handle sensitive financial information with discretion

Preferred Skills:

  •  Experience working with vendors in the insurance, legal, or financial services industry
  •  Familiarity with 1099 processing and IRS compliance for vendor payments
  • Proficiency in Microsoft Office suite (Word and Excel) and in accounting software   (e.g., QuickBooks, NetSuite, or SAP

Skills Required

  • Associate's or Bachelor's degree in Accounting, Finance, or a related field
  • 2+ years of accounts payable or general accounting experience
  • Microsoft Office proficiency, including Excel and Word
  • Understanding of GAAP and internal controls related to disbursements
  • Strong attention to detail, accuracy, and time management skills
  • Excellent communication and interpersonal skills
  • Ability to handle sensitive financial information with discretion
  • Experience working with vendors in the insurance, legal, or financial services industry
  • Familiarity with 1099 processing and IRS compliance for vendor payments
  • Proficiency in accounting software such as QuickBooks, NetSuite, or SAP
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The Company
Woodcliff Lake, New Jersey
56 Employees
Year Founded: 1930

What We Do

Colonial Surety Company is a direct insurance company focusing on business liability insurance. We offer everything a business owner needs, from their license bond, ERISA fidelity bond, and complete circle liability protection, including cyber, harassment (EPLI), professional liability insurance, and so much more. Want to Partner? We have free Partnership Accounts® for Attorneys needing court and fiduciary bonds for their clients, Pension Professionals needing ERISA fidelity bonds for their clients, and even Insurance Agents who want to move their clients along with niche policies. Just visit us and sign up for a free dashboard today and start letting us help you run your business or increase your client base. 1. Quick Digital Process We offer a streamlined purchase process that allows you to purchase bonds and insurance online instantly. 2. Direct Insurer Get the convenience and cost savings of purchasing coverage straight from the source in all 50 U.S. states and territories. 3. Innovative Products We’re the only company to offer cost-effective surety, fidelity bonds and instant insurance products, i-bonds® and i-insurance®, for you to obtain at the click of a button. 4. Deep Expertise Our customer service reps and support attorneys have decades of experience in bonding and insurance. 5. Trustworthy Established in 1930, we’re rated "A" Excellent by AM Best Company, Treasury listed in all 50 states and U.S. territories, and approved by the Department of Labor, so you can count on compliance. 6. Partnership Focused We offer powerful client management tools and programs from our business partners

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