Resp & Qualifications
PURPOSE:
Responsible for a multitude of accounting activities, included but not limited to preparation of journal entries and reconciliations, the month end close process and audit preparation; reconciles balance sheet accounts and resolves accounting discrepancies and irregularities by collecting and analyzing account information; ensures that all deliverables comply with generally accepted accounting principles (GAAP). Contributes to other department and organization special projects as assigned.
ESSENTIAL FUNCTIONS:
- Review of complex existing and new business arrangements and processes with a critical and discerning approach in order to design the appropriate accounting and related processes. This design includes the implementation of efficient and cost-effective methods and processes while maintaining an environment with sound accounting controls. Proficient use of technology to enhance speed and cost effectiveness is required.
- Application of accounting and research techniques toward resolution of outstanding material issues. Complex analyses and trending of financial information are performed to verify the integrity of data in the financial statements. Independent interpretation of complex contractual arrangements and designing the related transaction accounting flow.
- Aid information technology (IT) staff and management in the resolution of issues that impact timely client invoice/payment notification and/or client submission of funds.
- Verification of general ledger data through development and maintenance of monthly reconciliations/analyses of reported activity to source and/or supporting documentation. Independent resolution of all outstanding issues through research and analysis as well as the design and implementation of corrective control measures. Providing timely and informative information regarding the status of reconciliations and related projects to management.
- Performs accounting functions as assigned to include A/P, A/R, and monthly and annual journal entries associated with retrospective settlements. Preparation of monthly journal entries including relevant supporting transactional or analytical documentation, in a timely manner to meet divisional goals and deadlines.
- Review/validate claims invoices and reports for employer groups with complex special funding arrangements.
- Strengthen departmental effectiveness through cross-training, documentation of procedures and assistance in responding to audit requests. Mentoring and training of less experienced staff.
SUPERVISORY RESPONSIBILITY:
Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.
QUALIFICATIONS:
Education Level: Bachelor's Degree in Accounting, Finance or relevant field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.
Experience: 8 years must include experience in development and maintenance of financial reconciliations and related schedules.
Preferred Qualifications:
- Experience in the health care industry is helpful and accounting certification (CPA) is preferred.
Knowledge, Skills and Abilities (KSAs)
- Excellent communication skills, both verbal and written, and the ability to work independently, as well as in a team environment.
- Problem solving, analytical and financial modeling skills, with exceptional in-depth knowledge of Generally Accepted Accounting Principles (GAAP).
- Knowledge of PC based applications and Microsoft Office.
- Multi-tasking ability essential to handle multiple priorities and adjust to changing priorities and requirements in a rapidly evolving organization.
- Must be able to effectively work in a fast-paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time.
- Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence.
- Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.
Salary Range: 77,112 - 153,153
Salary Range Disclaimer
The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).
Department
Director UW Systems, Settlement
Equal Employment Opportunity
CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Where To Apply
Please visit our website to apply:
Federal Disc/Physical Demand
Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.
PHYSICAL DEMANDS:
The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.
Sponsorship in US
Must be eligible to work in the U.S. without Sponsorship.
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