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BMS Group
Accounting AnalystBMS Group • Minneapolis, MN, United States
Accounting Analyst

Accounting Analyst

BMS Group • Minneapolis, MN, United States
2 days ago
Job type
  • Full-time
Job description

Accounting Analyst

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.

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.

The Accounting Analyst is responsible for a comprehensive range of corporate accounting and operational finance functions. This position not only manages core accounting processessuch as accounts payable, account reconciliations, and expense reportingbut 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.

Essential Responsibilities

  • 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)
  • 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 local and international teams
  • Experience with ERP systems and intermediate/advanced Excel skills.
  • Strong analytical and problem-solving abilities
  • Ability to work well independently and in collaboration within a team.
  • Proven ability to manage multiple priorities and meet tight deadlines in a global, client-driven environment.
  • Effective communication skills, both written and verbal.

What's in it for me?

  • comprehensive medical and dental plan options for you and your dependents
  • vision, short-and long-term disability and life insurance options
  • 401(k) with company match
  • employer funded health saving accounts
  • business travel accident insurance
  • identity theft and legal services
  • fitness and wellness reimbursement
  • generous leave policies, including parental leave
  • paid holidays, volunteer days and your birthday off!
  • opportunity to purchase equity

The annual base salary range provided for this position is a nationwide marker range and represents a broad range of salaries for this role across the country. The actual salary advanced to the desired candidate will be based on a number of factors, including geographic location and the skills, education, training, credentials, and experience of the desired candidate.

BMS is an Equal Opportunity Employer. Through our Diversity, Equity and Inclusion (DEI) vision, we are committed to 'building a culture of belonging for all, valuing diverse perspectives and embracing authenticity.' As such, we have created our 'BMS Together' program, with dedicated training, collaborative committees and intentional partnerships.

BMS offers flexible and hybrid working policies and we're happy to discuss options with you upon application. Please let our team know if you require any adjustments to support you through the application process.

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Accounting Analyst • Minneapolis, MN, United States

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