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Accounting Specialist III

Employer
Allstate Insurance Company
Location
Coppell, Texas
Salary
Not Specified
Closing date
Sep 16, 2019

View more

Category
Actuary
Job Type
Not Specified
Career Level
Not Specified

Job Details

Where good people build rewarding careers.

Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Family Summary

Provides accounting support and expertise to internal and external customers and business partners for manual and automated financial transactions and policy updates. Utilizes multiple systems and channels to investigate and resolve variances and exceptions.

Job Description

Under some direction, processes company financial data transactions from multiple business areas within Allstate to ensure compliant and accurate processing. Investigates and understands compliance requirements for applicable processes. Completes processes and tasks of a moderate to complex nature while developing expertise and knowledge.

Key Responsibilities

Reconciles accounts

  • Balances complex general ledger accounts including analyzing and investigating variances with little supervision.
  • Assists in month-end reporting procedures and financial close process.
  • Researches and communicates with internal and external customers to resolve moderate to complex issues.

Processes invoices and payments and resolves exceptions

  • Researches, investigates, and resolves complex exceptions, variances, or posting errors.
  • Researches, investigates, and processes financial transactions according to system and customer requirements.

Maintains customer and financial data

  • Establishes and maintains master data related to financial processing.
  • Prepares and maintains supporting documentation per company and legal requirements.
  • Follows all company and legal procedures related to sensitive data.

Interacts with business partners and customers

  • Interacts extensively in written and verbal form with internal and external business partners.
  • Participates in and assists with meetings to include internal and external business partners.
  • Presents complicated information with guidance and direction.

Key Responsibilities (Cont'd)

Demonstrates understanding of business platforms, processes and SOX environment (SME)

  • Navigates business platforms and systems.
  • Identifies system issues and takes steps to resolve or escalate.
  • Resolves intermediate customer inquiries and/or technical issues.

Monitors and Verifies Quality

  • Understands and achieves quality and timeliness expectations within specific areas of responsibility and is aware of relationship to other work processes.
  • Demonstrates Subject Matter Expertise within key areas of responsibility.
  • Verifies quality and provides informal feedback to peers related to quality standards and performance.
  • Processes business related functions in accordance with compliance, legal, and business requirement guidelines.
  • Works effectively with vendor partners both onshore and offshore.
  • Utilizes appropriate tools and technology to support virtual partnerships and training.

Manages workflow

  • Completes a wide range of responsibilities and processes with minimal supervision or guidance.
  • Anticipates upcoming workflow changes and coordinates accordingly. Adapts to changing workflow demands.

Key Responsibilities (Cont'd)

  • Is the Subject Matter Expert, can train others, and assist in transition of work processes to other global sites.
  • Assists in implementation of new projects and processes within work unit.
  • Coordinates, collaborates with other work areas.

Job Qualifications

  • Two or more years of Accounting related experience or experience handling financial data or transactions required
  • Education: High school diploma or equivalent required
  • Fundamental proficiency in Microsoft Office- Outlook, Excel, and Word required
  • Good oral and written communication skills required
  • Good problem solving skills required
  • Ability to train others required
  • SAP Knowledge and experience preferred
  • Basic project management skills preferred

Regular, predictable attendance is an essential function of this job.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click "here" for information regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please click "here" for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.


It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race, religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment


Company

COMPANY INFORMATION The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with more than 113 million proprietary policies. Allstate offers a broad array of protection products through multiple brands and diverse distribution channels, including auto, home, life and other insurance offered through its Allstate, Esurance, Encompass, SquareTrade and Answer Financial brands. Allstate is widely known from the slogan "You're in Good Hands with Allstate." The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America. Allstate was founded in 1931 and became a publicly traded company in 1993. In 2023, Allstate was number 84 on the Fortune 500 list of largest companies in America. WHAT WE DO We’re more than insurance agents and claims representatives. We’re individuals with hopes, plans and passions. The biggest of which is helping people live smarter, safer lives. Doing so means continuing to re-imagine how we do what we do, the impact we can make on the world, ways we can each succeed in our own careers and actions we can take as a company that are good for all. To do that, we need all kinds of people – including lawyers, accountants, building engineers, project managers, marketing professionals, human resource specialists and so many more. WHO WE ARE – INCLUSIVE DIVERSITY    We hold each other accountable to encourage and embrace our collective differences. It’s our individual characteristics, values and beliefs, along with backgrounds and experiences that give us fresh perspective and purpose. We work harder, meet customer needs more effectively, share better, and identify more innovative ideas when we are accepted for who we are by the world around us. Our success comes from a chorus of many different voices. At Allstate, every voice counts.​ In our stand against racism, we’ve been making changes within Allstate. We’ve been listening, learning and engaging in change. We are focused on improving equity for all. Allstate is committed to long-term change not only in the way we conduct our business, but also for our employees. There’s a dynamic environment waiting for you here. You’ll find people with similar interests, as well as the many who’ll help expand your horizons. We believe in the power of connections. That’s why Allstate promotes diversity through a robust network of employee resource groups. It helps connect us all and supports our unique talents. Here are some of the available resource groups that actively support our employees: Abilities Beyond Limitations & Expectations African American Working Network Allstate Asian American Network Allstate Foster and Adoption Network Allstate PRIDE Allstate Veterans Engagement Team and Supporters Allstate Women’s Information Network Entrepreneurs at Allstate Families at Allstate Matter Native American Peoples at Allstate Professional Latino Allstate Network Young Professionals Organization WHY JOIN OUR COMPANY Allstate has been protecting people from life's uncertainties since 1931. We continuously develop and improve products and services so our customers can live well protected. For employees, we offer an environment that fosters innovative thinking and collaboration - where you'll be able to explore your ideas and feel proud of the work you do.  Our Benefits Allstate is dedicated to helping employees live happier and healthier lives. As a Fortune 100 company and industry leader, we provide a competitive salary and a benefits package that includes medical and dental insurance, tuition assistance, as well as a robust pension and 401(k). Plus, you'll have access to a wide variety of programs to help you balance your work and personal life - including a generous paid time off policy.  Growth and Development We support your desire to grow and provide opportunities to learn, explore new horizons, and follow your passion in a meaningful career. From access to hundreds of learning opportunities to in-house networking and rotational work experiences, Allstate is a place where you can forge your own path and expand your personal and professional potential. 
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