Position Summary
The Accounting & Finance Manager serves as the financial leader for Transtar Insurance Brokers and Blue Star Claims overseeing all accounting operations, financial reporting, budgeting, forecasting, cash management, and regulatory compliance. This position is responsible for maintaining the integrity of financial records, ensuring compliance with insurance and claims-related accounting requirements, and providing strategic financial guidance to support organizational growth and profitability.
The ideal candidate combines strong technical accounting expertise with business acumen, leadership capabilities, and experience managing financial operations in a dynamic environment.
Key Responsibilities
Accounting & Financial Operations
- Oversee and maintain the general ledger for multiple entities, ensuring accuracy and completeness of financial records.
- Complete month-end and year-end close processes, including journal entries, reconciliations, and financial statement preparation.
- Reconcile operating accounts and claims trust accounts on a daily, weekly, and monthly basis.
- Monitor claims funding levels and coordinate with clients regarding replenishment requirements.
- Manage cash flow, banking relationships, and treasury functions to ensure adequate liquidity and operational efficiency.
- Prepare and review annual 1099 filings and other required financial reporting.
Financial Reporting & Analysis
- Prepare accurate and timely financial statements, management reports, and key performance metrics.
- Develop budgets, forecasts, and financial models to support strategic planning and business decision-making.
- Analyze financial performance, identify trends, and provide recommendations to executive leadership.
- Present financial results and forecasts to ownership and senior management.
Compliance, Audit & Risk Management
- Ensure compliance with, internal accounting policies, insurance regulations, client contractual requirements, and applicable federal, state, and local regulations.
- Coordinate annual audits and serve as the primary liaison with external auditors.
- Support regulatory filings and audit requests related to claims accounting and trust fund management.
- Maintain strong internal controls and recommend improvements to strengthen financial governance and operational efficiency.
Leadership & Process Improvement
- Lead, mentor, and develop accounting personnel while fostering a culture of accountability, collaboration, and continuous improvement.
- Partner with operational leaders, including the Billing Supervisor, to resolve financial discrepancies and improve processes.
- Evaluate accounting workflows and implement process improvements that increase efficiency, accuracy, and scalability.
- Support strategic initiatives, acquisitions, growth opportunities, and organizational planning efforts.
Qualifications
Required
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 5 years of progressive accounting experience with increasing levels of responsibility.
- Strong knowledge of accounting principles, financial reporting, and internal controls.
- Advanced proficiency in Microsoft Excel.
- Experience with accounting software platforms such as QuickBooks, Sage, or ERP systems.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and leadership abilities.
- Ability to manage multiple priorities while maintaining a high degree of accuracy and attention to detail.
Preferred
- CPA designation or active progress toward certification.
- Experience within the insurance, transportation, claims administration, TPA, or trust accounting environment.
- Familiarity with claims management systems and insurance-related accounting processes.
- Experience leading budgeting, forecasting, and strategic financial planning initiatives.
