Under supervision of the Fiscal Services Director, performs professional accounting and financial analysis functions for the Ottawa County Insurance Authority. Performs a variety of budget and grant accounting/auditing functions as assigned to ensure the fiscal integrity of the County and the efficient allocation and utilization of County financial resources.
This is a full-time, benefited position working at the Fillmore Complex in West Olive, MI.
ESSENTIAL JOB FUNCTIONS:
The essential functions of this position include, but are not limited to, the following: Administers all loss and expense activity of the Ottawa County Insurance Authority, including the administration of claims against the County. Maintains comprehensive digital records of incidents and associated claims against the County, tracking the disbursement of funds to pay claims, settlements of claims, and other claims data. Monitors all investment and cash activity of the Authority, reviewing reports from the third party administrator and verifying that investment holdings comply with prescribed parameters. Assembles claim, reserve, and exposure data for actuarial analysis and determination of required reserve levels, premium rates, and required coverage levels for commercially provided insurances. Prepares schedules required to allocate costs for vehicle insurance, workers compensation, unemployment insurance, liability insurance, and other insurances to County departments in the annual budget preparation process. Prepares agenda items for the Insurance Authority Board and Work Group Meetings, prepares supporting documentation and reports, and serves as recording secretary. Administers the County vehicle fleet, purchasing new vehicles, arranging for the sale of surplus vehicles, monitoring service and repair contracts, and maintaining records of damage incidents. Maintains records of certificates of coverage provided by vendors and certificates provided by the County as proof of insurance to external parties. Assists in preparation of the annual budget book and compilation of the budget document. Review departmental budget submissions for accuracy, completeness and reasonableness. Reviews and analyzes significant variances, and verifies all appropriate personnel costs and other information as necessary. Assists departments in estimating future costs. Audits and prepares work papers for specific funds and analyzes accounts and budget variations. Participates in the preparation of the Comprehensive Annual Financial Report. Provides accounting for a variety of fund types such as Special Revenues, Internal Services, and Trust and Agency Fund. Provides other functions as assigned.
REQUIRED EDUCATION, TRAINING AND EXPERIENCE: Bachelor's degree in Accounting, Economics, Finance, Business Administration or other closely related field will be strongly considered with at least two (2) years of progressively responsible experience in accounting. An equivalent combination of education and experience accepted as well.
ADDITIONAL REQUIREMENTS AND INFORMATION: The qualified candidate will have the following knowledge and skills: Thorough knowledge of statutory and other legally mandated standards governing public sector accounting and auditing practices and financial accountability, including GAAP and GASB. Working knowledge of standard accounting theory, principles and practices, including general ledger accounting. Thorough working knowledge of self-insurance principles and practices, along with strong working knowledge of insurance industries practices. Basic knowledge of actuarial principles and practices. Thorough working knowledge of the principles and practices of fund accounting. Strong analytical and quantitative skills. Good verbal and written communications skills, along with good organizational skills. Computer literacy, including thorough working knowledge of spreadsheet, database, accounting and budget management applications software. Good interpersonal and human relations skills, along with the ability to interact positively and objectively with elected officials, Board members, department directors, managers, third-party administrators, commercial insurance providers, auditors, actuaries, and members of the general public from a wide range of cultural and socio-economic backgrounds and with varying levels of communications skills.
Physical Requirements: Must be able to perform essential job functions with or without reasonable accommodations, including, but not limited to, visual and/or audiological appliances and devices to increase mobility.
Working Conditions: Work is performed in a normal office environment.