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Accounting Analyst

Job in Edina, Hennepin County, Minnesota, USA
Listing for: BMS
Full Time position
Listed on 2025-11-21
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Accounting & Finance
  • Accounting
    Financial Analyst, Financial Reporting, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Posted Tuesday, November 18, 2025 at 1:00 AM

About BMS

BMS Group is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk.

As a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia, BMS Group maintains a strong local focus and understanding of market needs. Being independent gives our brokers the freedom to deliver the best solutions and combined with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.

This position will work for BMS Re, the specialist reinsurance arm of BMS Group. BMS Re is reshaping reinsurance by aligning interests with our clients and enhancing their success with advice and delivery models that service their unique needs. BMS Re has a proven ability to execute in reinsurance and capital markets worldwide.

For more information on BMS and BMS Re, visit us online at  or follow us on Linked In and Twitter.

Position Overview

The Accounting Analyst is responsible for a comprehensive range of corporate accounting and operational finance functions. This position not only manages core accounting processes—such as accounts payable, account reconciliations, and expense reporting—but also partners in cash management, oversees internal controls, process improvements, and financial system operations to ensure efficient, accurate, and compliant accounting practices across the organization. This role will serve as a key contact and business partner for other internal business units.

Core

Accounting Functions
  • Serve as a business partner to internal teams by managing the accounts payable function, ensuring seamless invoice review through software utilization and by coordinating timely, accurate payments
  • Analysis of cashflow and forecasting; monitor daily management as well as supporting cashflow during the annual budgeting process
  • Lead initiatives to streamline expense submission and review, expense reporting, and close processes, with a focus on scalability and automation
  • Assist in optimizing working capital by proactively managing payment schedules and cash disbursements
  • Collaborate with cross-functional teams to provide financial insights and support decision-making
  • Administer employee expense reporting and corporate credit card programs (e.g., AMEX, Concur), ensuring adherence to internal policies
  • Prepare journal entries and perform account reconciliations in accordance with US GAAP
  • Maintain fixed asset schedules, record depreciation, and conduct annual internal audit across US offices, coordinating with key business partners.
  • Analysis and tracking of prepaid expenses and other amortization schedules
  • Manage lease payment processing, including rent, utilities, and service charges
  • Support month-end close processes in collaboration with the Accounting Manager and Finance team
  • Prepare and submit tax filings, including multi-jurisdictional sales/use tax and annual 1099s
  • Coordinate wire transfers, ACH processing, and fraud prevention controls
  • Develop and maintain SOPs for accounting operations
  • Support internal and external audits (annually)
Cross-Functional Collaboration
  • Hold regular meetings with Executive Assistants ensuring their support of the firm and related expense submissions follow proper accounting process
  • Partner with Finance team and other business units to support budgeting and forecasting within areas of responsibility
  • Collaborate with IT, Finance, and Operations teams to ensure effective system integrations and reporting solutions
  • Participate in system migrations, policy updates, compliance reviews, and special projects related to reinsurance operations and financial transformation
Qualifications
  • Bachelor’s degree in Accounting (preferred), or related major
  • 2-4 years of progressive accounting experience, ideally within insurance, reinsurance, or financial services.
  • Strong understanding of US GAAP, general ledger processes
  • Excellent interpersonal and communication skills; experience working across…
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