Junior Accountant

Junior Accountant - Toronto, Ontario

ARAG Legal Solutions Inc., part of the ARAG Group, is a global leader in legal expense insurance operating in 19 countries offering an innovative and comprehensive range of legal expense products and services for brokers, underwriting agents and insurers across Canada.

Reporting to the Controller, the Junior Accountant will be responsible for supporting technical accounting including payment allocations and analysis as well as general accounting processing including vendor payments, reconciliation, and reporting for internal management.

What will you do?

Major Duties and Responsibilities: 

Technical Accounting Tasks

• Perform the processing of cash receipts, maintaining log of payments received 
• Reconcile balances to client reports and individual items for internal matching and payment allocations
• Communicate and investigate technical statement of accounts with clients
• Develop effective relationships with underwriters and ATE operations for continuous collaboration
• Review client statistics including premiums, claims and commissions
• Collaborate and support Technical Accounting on an ongoing basis
• Data entry into technical systems as required

Secondary Responsibilities: 

General Accounting Tasks

• Perform the processing and recording of accounts payable transactions and ensure that all invoices and staff reimbursements are paid accurately and in accordance with Finance policies and procedures.
• Perform general accounts analysis and reconciliations, including bank statements, fixed assets, accruals, and prepaid expenses.
• Develop effective relationships with Claims Management personnel for continuous collaboration and inquiries
• Collaborate and support General Accounting on an ongoing basis
• Ensure proper Records Management protocols are followed

About You:

• University degree/college diploma and general accounting courses required
• Basic level accounting experience preferred with exposure to insurance.
• Knowledge of Windows and MS Office applications including office 365
• Working knowledge of SAP desired
• Aptitude for figures, strong analytical and investigative skills
• Ability to work with set deadlines
• Effectively work in a team environment and on an individual basis
• Intermediate to advanced proficiency in Excel
• Excellent communication, organizational and time management skills
• Attention to detail and accuracy

We Offer:

• Competitive Base Salary including annual bonus plan
• Generous Employer Paid Benefits Plan, including RSP matching and fitness credit
• Location is a combination of working from home and in our head office located in downtown Toronto

For more information about ARAG Canada please visit: www.arag.ca

ARAG Legal Solutions Inc., is committed to providing employment in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.  Any assessments and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities, upon request. ARAG is an equal opportunity employer and encourages persons of any race, religion, ethnicity, gender, identity, sexual orientation, age, immigration status, disability or any other applicable legally protected characteristics to apply. Aboriginal people, persons with disabilities and members of visible minorities are encouraged to apply.  If contacted for an interview, please advise the Human Resources Manager if you require disability-related accommodation.  All information related to accommodations will be kept in the strictest of confidence.