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Company | Excellus BCBS |
Address | Rochester, NY, United States |
Employment type | FULL_TIME |
Salary | |
Category | Insurance |
Expires | 2023-07-02 |
Posted at | 10 months ago |
This description includes multiple levels of classification. The levels of classifications are differentiated by demonstrated knowledge, skills, and the ability to manage increasingly independent and/or complex assignments, broader responsibility, additional decision making, and in some cases, becoming a resource to others. New hires will be placed in the level for which they are most qualified based on their experience, credentials, and skills.
- Back-up, train and offer guidance to other accountants in the department, as applicable.
- Establishes and maintains constructive relationships when dealing with internal and external professionals, institutions, and agencies.
- Keeps abreast of accounting/professional developments by attendance at seminars/workshops and professional society meetings, review of publications and as necessary, independent study.
- Interacts with other areas (Finance Line of Business team, IT, Actuary, Treasury, A/P, Payroll, etc.) in the preparation of monthly internal financial reports, quarterly and annual respective State Insurance Department reports and other regulatory agency reports.
- Maintains and enhances the control environment, consistent with NAIC Model Audit Rule, by applying the internal corporate policies and procedures and external regulations.
- Consistently demonstrates high standards of integrity by supporting the Lifetime Healthcare Companies’ mission and values, adhering to the Corporate Code of Conduct, and leading according to the Lifetime Way values and beliefs.
- Prepares financial statements and regulatory filings under Statutory Accounting Principles (SAP), Generally Accepted Accounting Principles (GAAP) and other applicable regulations.
- Provides support to projects/initiatives within Finance or the wider Enterprise.
- Under direct supervision, gathers and analyzes financial data from a variety of sources to prepare journal entries, account reconciliations and financial schedules in a manner consistent with ensuring internal and external audit compliance (i.e., appropriate documentation and support), in accordance with the applicable policy.
- Provides periodic analysis and interpretation of financial statements at both an individual account level and at the financial statement line and Company level, including the development of processes to accumulate and analyze data spread over multiple systems/locations, for management review.
- Performs other functions as assigned by management.
- Maintains high regard for member privacy in accordance with the corporate privacy policies and procedures.
- Researches technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
- Regular and reliable attendance is expected and required.
- Provides enhanced support to projects/initiatives within Finance or the wider Enterprise.
- Possesses a broader knowledge of subject matter.
- Under general supervision, works on more complex technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
- Leads projects/initiatives representing Accounting and Financial Reporting division.
- Possesses comprehensive knowledge of subject matter.
- Works under minimal supervision, handles complex technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
- Acts in a consultative capacity to management at all levels of assigned organization unit to provide professional technical expertise in the determination of suitable approaches to financial concerns.
- Takes initiative and promotes a continuous improvement mindset and culture.
- Demonstrated understanding of financial statements and GAAP. An understanding of Statutory Accounting Principles would be beneficial.
- In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of seven (7) years). Bachelor’s degree in accounting with a minimum of one (1) year of relevant experience is required. Candidates who have passed the CPA exam with less than one (1) year of relevant experience will be considered. Other business degrees with an accounting concentration may count toward the experience requirement.
- Demonstrated team working skills required.
- Ability to interpret and effectively implement/apply changes in accounting guidance.
- Demonstrated analytical skills required.
- Ability to work independently.
- Working knowledge of Microsoft Office Suite (Excel, Word, and Access).
- Ability to simultaneously handle multiple priorities.
- Demonstrated attention to detail required.
- Demonstrated ability to communicate and interact with all levels of the organization.
- Possess solid working knowledge of Microsoft Office Suite (Excel, Word, and Access).
- Strong ability to communicate and interact with all levels of the organization.
- Ability to work under general supervision, able to handle more complex priorities.
- In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of nine (9) years). Bachelor’s degree in accounting with a minimum of three (3) years of relevant experience is required. If a candidate has a CPA license or an MBA, a minimum of two (2) years of experience is required. Other business degrees with an accounting concentration may count toward the experience requirement.
- Strong attention to detail required.
- Strong team working skills required.
- Strong analytical skills required.
- Strong understanding of financial statements and GAAP. An expert understanding of Statutory Accounting Principles.
- In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of eleven (11) years). Bachelor’s degree in accounting with a minimum of five (5) years of relevant experience is required. If a candidate has a CPA license or an MBA, a minimum of four (4) years of experience is required. Other business degrees with an accounting concentration may count toward the experience requirement.
- Ability to work independently and handle the most complex priorities.
- Ability to travel across the health plan service regions as needed.
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