Blue Cross And Blue Shield Association Providence , RI 02940
Posted 2 weeks ago
Please email hr_business_partners@bcbsri.org if you are a candidate seeking a reasonable accommodation for the application and/or interview process.
Schedule: Hybrid
Compensation: $80,100 - $120,200
Jump into the new world of health insurance:
At Blue Cross & Blue Shield of Rhode Island (BCBSRI), our business is healthcare. But our focus is on improving lives. Be part of a team that is large enough to make a difference but small enough to be innovative. Work in a rapidly changing field. Take a chance to be creative. Move outside the status quo. Shape new ideas with the power of a national brand behind you.
Join others who know diversity is strength:
We appreciate and celebrate everything that makes us unique: age, national origin, citizenship status, perspectives, experiences, physical or mental disability, military status, race, ethnicity, religion, gender, sexual orientation, gender identity and/or expression. Our diversity strengthens us as an organization and helps us better serve an increasingly diverse Rhode Island population.
Why this job matters:
Provides the reporting of financial information to management and regulatory entities such as the Department of Business Regulation (DBR) and BCBS Association that is relied upon in decision and rate making. Responsible for the reconciliation of general ledger accounts, proper application of accounting principles for GAAP and SAP and ensure readiness for auditing activity.
What you will do:
Provide expert technical, business and analytical support in the preparation of financial reporting to internal and external parties. Provide financial analytics to support management decisions.
Maintain accounting for assigned accounts in the Corporate General Ledger. Prepare account reconciliations and research outstanding items.
Organize and prioritize the department's efforts to ensure that financial reports are completed accurately and timely.
Prepare ad hoc analysis and reporting for Federal and State regulatory agencies.
Provide backup and support to Manager in review and completion of reporting requirements.
Keep abreast of new accounting principles, both Statutory and GAAP to ensure compliance in financial reporting.
Assist the tax department with ad-hoc and year-end reports to support the tax return.
Acts as business lead/subject matter expert for Finance on corporate/ departmental initiatives and projects.
Mentor less experienced staff.
Report to senior management on various finance initiatives.
Perform other delegated as assigned.
What you need to succeed:
Bachelor's degree in Accounting or related field, or an equivalent combination of education and work experience
Seven to ten years experience in General Ledger accounting preferably within the health insurance industry.
Experience should include financial reporting on a GAAP and SAP basis including consolidations, investment and fixed asset accounting, inter-company transactions and government reporting
Apply GAAP and SAP accounting principles to financial transactions.
Knowledge of Facets, Solomon General Ledger, Microsoft Office, Fixed Asset Software (FAS), Investment Software (EPS), and FSI Quarterly filing software for DBR reporting.
Understanding of Health Care Reform financial reporting requirements
Strategic and critical thinking skills
Strong analytical skills
Strong business acumen and political savvy
Strong negotiation skills
Strong written and verbal communication skills
Strong problem solving skills
Ability to work effectively with a wide variety of people in individual and group settings
Strong organizing skills, with the ability to prioritize and respond to shifting deadlines
Strong time management skills
Ability to manage diverse and deadline-oriented workflow
Extras:
Location:
BCBSRI is headquartered in downtown Providence, conveniently located near the train station and bus terminal. We actively support associate well-being and work/life balance and offer the following schedules, based on role:
In-office: onsite 5 days per week
Hybrid: onsite 2-4 days per week
Remote: onsite 0-1 days per week. Permitted to reside in the following states, pending approval from the Human Resources Department: Arizona, Connecticut, Florida, Georgia, Louisiana, Massachusetts, North Carolina, Oklahoma, Rhode Island, South Carolina, Texas, Virginia
At Blue Cross & Blue Shield of Rhode Island (BCBSRI), diversity and inclusion are central to our core values and strengthen our ability to meet the challenges of today's healthcare industry. BCBSRI is an equal opportunity, affirmative action employer. We provide equal opportunities without regard to race, color, religion, gender, age, national origin, disability, veteran status, sexual orientation, genetic information and gender identity or expression.
The law requires an employer to post notices describing the Federal laws prohibiting job discrimination based on race, color, sex, national origin, religion, age, equal pay, disability, veteran status, sexual orientation, and genetic information and gender identity or expression. Please visit https://www.eeoc.gov/employers/eeo-law-poster to view the "EEO is the Law" poster.
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Blue Cross And Blue Shield Association