Note: The job is a remote job and is open to candidates in USA. WellSense Health Plan is a growing regional health insurance company with a 25-year history of providing health insurance that works for our members. The Staff Accountant will perform advanced accounting tasks and ensure compliance with regulatory and audit commitments while working closely with the accounting team.
Responsibilities
- Prepares monthly journal entries, analyzes and reconciles assigned general ledger accounts
- Entries may relate to expense accruals and revenue recognition for various lines of business
- Handles weekly medical claims check runs
- Prepares weekly analyses of payments to major providers / facilities and reconciles to relevant claims system operating reports
- Processes and records claim refunds and returned checks in a supporting role
- Coordinates with Claims Department on processed claims in errors
- Manages daily/weekly bank transactions in cash module
- Handles reporting and reconciliation of CIP, Fixed Assets, and Accumulated Depreciation
- Assists in the preparation of GAAP and Statutory audit deliverables
- Provides support and back up for responsibilities assigned to other individuals within the department
- Other ad hoc accounting duties to support the accounting team and newly assigned tasks as deemed necessary
- Handles prepaid expense identification and tracking in the accounting system
Skills
- Bachelor's degree in accounting required
- General ledger and month-end close related accounting experience
- Proficient in fundamental accounting rules
- One to three or more year's accounting experience
- Reconciling complex general ledger accounts
- Identifying and implementing process improvements
- Successful completion of pre-employment background check
- Knowledge of accounting and auditing principles and practices under GAAP
- Strong reconciliation, problem solving, issue identification and resolutions skills required
- Proficiency in Excel and Microsoft Office Systems
- Ability and willingness to learn general ledger system and it's components
- Detail oriented, focus on accuracy
- Ability to prioritize and meet deadlines; or know when it is necessary to confirm priorities with Manager or Assistant Controller
- Excellent verbal and communication skills
- Ability to work both independently and as part of team
- Demonstrated ability to plan, organize and manage modest projects successfully
- Detail-oriented, good proof reading and editing skills
- Commitment to documenting desk procedures; and training other assignees as back-up
- Self-motivated, independent and pro-actively looks to take on new tasks
- Proficiency with reporting and analysis tools
- Insurance / healthcare experience preferred
- Knowledge of statutory accounting is desirable
Benefits
- Medical
- Dental
- Vision
- Pharmacy
- Merit increases
- Flexible Spending Accounts
- 403(b) savings matches
- Paid time off
- Career advancement opportunities
- Resources to support employee and family wellbeing
Company Overview
- A nonprofit health plan serving Medicare, Individual & Family, and Medicaid plan members in Massachusetts & New Hampshire. It was founded in 1997, and is headquartered in Boston, Massachusetts, US, with a workforce of 1001-5000 employees. Its website is https://wellsense.org.