Accountant III (Health Insurance)

Job Summary:

To be considered for this position, prior experience supporting health insurance, or managed care is STRONGLY preferred.

The Accountant III is responsible for preparing and reviewing complex journal entries, account reconciliations supporting journals, supplementary schedules, etc. in compliance with Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (STAT) or other basis as deemed applicable.

Essential Functions:

• Prepare and review complex financial statements including the compilation of regulatory financial statements, etc. on a timely and accurate basis
• Analyze trends, costs, revenues, financial commitments and obligations to assist in predicting future revenues and expenses
• Initiation, preparation and calculation of complex internal/external payment requests for contracted arrangements and timely submission to manager to ensure timely payment
• Evaluate and make appropriate recommendations to internal accounting processes ensuring that practices are in line with the overall goals of the organization
• Execute all necessary and identify need for internal controls for related entities consistent with Model Audit Rule (MAR) requirements
• Participate in the audit and reporting functions including financial and regulatory audits
• Research existing and new legislation, changes in financial accounting standards and National Association of Insurance Commissioners (NAIC) statutory requirements, including accounting transactions, and documents the impact and accounting requirements, including journal entries and financial reporting presentation and disclosures, in compliance with GAAP, STAT and/or other external reporting
• Lead implementation of new accounting procedures for new programs or program changes
• Prepare reports to ensure on-time filing of all internal and external financial reports
• Prepare ad-hoc requests for information, schedules and analysis for specific area(s)
• Assist in the training of new associates
• Fiduciary duty to safeguard the financial assets of the Company
• Perform any other job duties as requested

Education and Experience:

• Bachelor of Science/Arts Degree in accounting, finance or related field is required
• Post-graduate degree is preferred and provides credit for one (1) year of related experience
• Four (4) years of related experience in accounting/finance required
• Managed care or healthcare experience is preferred
• Previous experience in a large ERP system is preferred

Competencies, Knowledge and Skills:

• Familiar with a variety of accounting concepts, practices and procedures
• In depth knowledge of Generally Accepted Accounting Principles (GAAP) and/or Statutory Accounting Principles (STAT)
• Relies on extensive experience and judgment to plan and accomplish goals
• Demonstrates decision making and analytical/problem solving skills to perform a variety of complicated tasks
• Ability to lead and direct the work of others
• Possesses critical thinking/listening skills
• Wide degree of creativity and latitude (independent judgment) is required
• Ability to communicate with all levels of management
• Detail oriented
• Ability to work independently
• Intermediate proficiency level with Microsoft Office

Licensure and Certification:

• Certified Public Accountant (CPA) or other equivalent certification is preferred and provides credit for one (1) year of related experience

Working Conditions:

• General office environment; may be required to sit or stand for extended periods of time
• May be required to travel occasionally

Compensation Range:

CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

Compensation Type (hourly/salary):

Organization Level Competencies

• Create an Inclusive Environment

• Cultivate Partnerships

• Develop Self and Others

• Drive Execution

• Influence Others

• Pursue Personal Excellence

• Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an inclusive environment that welcomes and supports individuals of all backgrounds.