Accounting Associate

with VGM Insurance Services

Company Summary:

VGM Insurance Services is part of the VGM Group Inc., the largest member service organization operating in the Home Medical Equipment Industry. Since inception in 1986 VGM has grown to more than 27 business units and 750+ employee owners based in Waterloo, Iowa. The VGM Insurance division was established in 1991 as the insurance provider to the members of the VGM Group, specializing in Product and Professional Liability insurance to Home Care Dealers throughout the United States. In 1994 we formed our own Captive Insurance Company domiciled in Bermuda, and in 2012 VGM Specialty Underwriters specializing in Excess & Surplus lines insurance in Lenexa, Kansas, was acquired. Additional programs in the Orthotic and Prosthetic markets as well as the Physical Therapy and Hospitality markets have been added. The VGM Group is within the Top 10 Best Workplaces in Iowa, 100% employee owned, and has a company culture like no other. To join The VGM Group and grow with us visit and click on the careers link to apply.

Position/CandidateSummary:

This position will be responsible for supporting senior team members in carrying out the responsibilities within the Finance/Accounting Department with an emphasis inreporting, including, but not limited to: carrier reporting, audits and providing ad hoc analysis upon request. In addition, this person must be able to work independently and efficiently to meet deadlines with minimal supervision.The right candidate must be curious minded, detail oriented, demonstrate good communication skills and committed to success. Crucial to success in this role is understanding that the initial months on the job will include learning from others to gather clear understanding of the basic functions in the VGM Insurance Division.

Reports to: VGM Insurance Manager of Accounting: Brandy Wilson

Pay: Exempt Position; Salaried

Hours: Full-time; 40 hours/week

  • Additional hours as necessary to accomplish goals and deliverables of the position

Duties of the Job:

  • Monthly Carrier Reporting
  • Semi Annual Audits to Carriers
  • Customized reports and analysis as requested
  • Process inter-company Bank Transfers
  • Process Cancellations
  • Prepares Commission Checks
  • AP Coding/Preparation
  • Prepare and Send Out Invoices -
  • Reconciliation of Division Receipts and Payables
  • Direct Bill Commission Receivables
  • Assist with the Collection Process
  • A/R Cash Applications Backup
  • Assist with General Ledger transaction entry and bank reconciliations

Position Requirements:

Bachelor’s degree in accounting with minimum two years’ work experience. Candidate must have working knowledge of generally accepted accounting principles and competency working with systems and technology. The ability to work as part of a team and meet goals and deadlines is essential to the role.

  • Excellent verbal and written communication and interpersonal skills.
  • Proven attention to detail, follow-through skills, and problem solving skills.
  • Strong organizational and time management skills to prioritize heavy workloads to meet time sensitive deadlines.
  • Ability to interact well with others.

This job description reflects the general duties of the job but is not a detailed description of all duties

which may be inherent to the position. Reasonably related additional duties may be assigned to the individual Associate.