Staff Accountant I – Fiduciary Accounting

Job Description

Staff Accountant I | Marsh

The Tone:
This is a Staff Accountant I role at Marsh, located in Urbandale, IA, offering a hybrid work arrangement. Marsh operates as a global leader in risk, reinsurance, and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue exceeding $27 billion and more than 95,000 colleagues, Marsh helps clients build confidence through the power of perspective. This role is a key contributor to the Fiduciary Accounting team, providing essential accounting support and adding significant value to operations.

The TL;DR
• Role: Early Career
• Location: Hybrid Urbandale, IA

• Team: Fiduciary Accounting team
• Mission: Provide essential accounting support to the Fiduciary Accounting team by ensuring accuracy and proper reconciliation of financial transactions.
• Tech Stack: Microsoft Office Suite, Excel, SAP, Oracle, NetSuite, Dynamics

What You’ll Actually Do
• Review and Process Transactions: Review, process, and reconcile accounts receivable and accounts payable transactions, along with related general accounting entries, ensuring proper reconciliation.
• Analyze Financial Data: Prepare and analyze all customer receipts, vendor invoices, payments, credits, debit memos, and refunds to ensure accuracy and correct coding.
• Resolve Discrepancies: Investigate and resolve various discrepancies, including unapplied cash, short pays, overpayments, outstanding balances, and specific invoice or payment issues in a timely manner.
• Support Close Activities: Perform comprehensive account reconciliations and actively support month-end and quarter-end close activities, including detailed aging reviews and essential reporting.
• Maintain Clean Ledgers: Monitor AR/AP aging reports, proactively following up on past due balances, invalid deductions, and open items to maintain clean and accurate ledgers.

The Must-Haves
• Background: Obtain a Bachelor’s degree in Accounting, Finance, or a closely related field.
• Experience: Possess a minimum of 1 year of accounting experience, specifically with hands-on exposure to both accounts receivable and accounts payable functions within a high-volume environment, demonstrating the ability to manage multiple priorities and meet deadlines.
• Skills: Demonstrate proficiency in Microsoft Office Suite, particularly Excel, along with strong analytical, problem-solving, and reconciliation capabilities. Exhibit excellent written and verbal communication skills, complemented by strong organization, attention to detail, and time management.
• Bonus: Prior experience specifically in a high-volume AR/AP setting; hands-on experience with major ERP/accounting systems such as SAP, Oracle, NetSuite, or Dynamics; familiarity with month-end close processes and complex account reconciliations; exposure to cash applications, vendor management, or billing operations; and demonstrated success in identifying and implementing improvements to accounting processes, controls, or reporting efficiency.