Senior Accountant

Job Title
:
Senior Accountant

Job Location
:
Richmond VA

FLSA Status
:
Exempt

Salary Range
: $90k annually plus bonus

About:

AIR Control Concepts is more than just a collection of firms, we are a community of forward-thinking experts committed to excellence, innovation, and collaboration. With a focus on commercial HVAC representation, we bring together esteemed entities from diverse regions, each boasting decades of invaluable experience.

We understand that success in the HVAC industry goes beyond individual accomplishments. That's why we believe in the power of unity and collaboration. By leveraging our collective assets, knowledge, and resources, we empower our member firms to deliver unparalleled service, safety, and efficiency to clients across healthcare, commercial, and residential sectors.

Check out our website: AIR Control Concepts | HVAC Partnerships, Growth & Support Across North America

The Senior Accountant is an integral member of the GAAP accounting team, reporting to the Director of Technical Accounting. The role is responsible for performing and reviewing complex accounting activities, ensuring the integrity of the general ledger, and maintaining compliance with corporate policies and U.S. GAAP. In addition, this position serves as the primary accounting resource for AIR's self-funded insurance program, overseeing its financial activity, funding, banking reconciliations, and reporting in partnership with Benefits and Treasury.

Approximately 50% of the role will focus on accounting and banking oversight for the self-funded insurance program. The remaining approximately 50% will support general ledger accounting, month-end close, financial analysis, internal controls, and process improvement for assigned entities. The allocation may vary with close cycles, program implementation, and business needs.

This is a hands-on accounting role ideal for a driven, detail-oriented professional seeking exposure to multi-entity accounting, self-funded insurance financial operations, consolidations, and finance transformation in a fast-paced, high-growth environment.

• Oversee day-to-day accounting and financial reconciliation activities for the self-funded insurance program, including medical and pharmacy claims, administrative fees, stop-loss premiums, and reimbursements, as applicable.
• Prepare and review journal entries, expense accruals, prepaid balances, receivables, and balance sheet reconciliations associated with the program.
• Coordinate with Benefits, third-party administrators, brokers, and actuarial resources to obtain claims data and support the calculation, documentation, and recording of incurred-but-not-reported (IBNR) claims liabilities and related adjustments under the Director of Technical Accounting’s review.
• Monitor claims funding requirements and cash balances; prepare funding forecasts and coordinate timely transfers and payments with Treasury and authorized approvers in accordance with company policies.
• Provide accounting oversight of designated claims funding and insurance-related bank accounts; reconcile bank activity to administrator reports and the general ledger, research discrepancies, and resolve outstanding items promptly.
• Review funding requests, claims payment summaries, and vendor invoices for consistency with supporting reports, contractual financial terms, and approved amounts; coordinate resolution of discrepancies with Benefits and service providers.
• Calculate, record, and reconcile insurance cost allocations and related intercompany balances across participating entities using approved methodologies.
• Track stop-loss reimbursement submissions, receivables, and…