Company Statement
Connecticare is a leading health plan in the state of Connecticut and a subsidiary of EmblemHealth, a health and wellness company that provides insurance plans, primary and specialty care, and wellness solutions. WellSpark is a digital wellness company and national subsidiary of EmblemHealth that offers a full suite of products and solutions to reward people for healthy behaviors.
Manager, Accounting
Summary of Position
Oversee accounting and analysis functions for premium revenue and medical expense. Ensure that the monthly close for EmblemHealth is performed timely, accurately and in accordance with generally accepted accounting principles (GAAP). Review and approve journal entries, account reconciliations and other analyses. Participate in the development and enhancement of internal controls over financial reporting and process improvements to streamline the monthly close process
Responsibilities:
• Manage the monthly premium revenue, medical expense and ASO accounting close processes.
• Ensure that journal entries, account reconciliations and other analyses are prepared in a complete, accurate and timely manner and that financial information is recorded in accordance with GAAP.
• Identify and implement process improvements to achieve an 8-business day close and to ensure compliance with corporate policy and MAR controls.
• Streamline the close process through automation to eliminate manual processes and improve efficiencies.
• Partner with other corporate groups to identify and implement “best practices” in accounting, reporting and financial controls.
• Train, mentor and support staff to ensure they possess the appropriate understanding of underlying transactions for journal entries recorded/accounts reconciled.
• Realign responsibilities and cross-training to address close-critical bottlenecks.
• Implement programs to enhance staff’s skillsets and to further their professional development
• Coordinate several close processes and the review of financial results with various other departments within the organization, including Billing, Membership, Treasury, Government Programs, Accounts Payable, Underwriting Account Management and Budget Financial Analytics.
• Collaborate with other corporate groups and serve as the Finance Liaison on all system initiatives involving premium revenue and medical expense.
• Improve the accuracy and granularity of financial data in the general ledger to enhance analytics and reporting directly with Billing, Underwriting/Account Management, Budget Financial Analytics and IT.
• Participate as a member in work groups to assess changes in health care reform and other regulations and the impact on systems and reporting processes.
• Provide supporting financial analysis and other documentation to internal business partners.
• Prepare documentation in support of financial statements for internal and external auditors, as well as for CMS, DOH and DFS audits
Qualifications:
• Bachelor’s degree in Accounting; MBA/MSA (preferred)
• CPA (preferred)
Relevant Work Experience, Knowledge, Skills, and Abilities:
• 5 – 8+ years of relevant, professional experience in finance and accounting environment (required)
• 2 years of experience in public accounting (preferred)
• Supervisory/managerial experience (staff/processes) (required)
• Accounting experience in the healthcare industry (required)
• Proficiency in MS Office (Word, Excel, Access, PowerPoint, Outlook, Teams) (required)
• Experience with Oracle Cloud or similar financial software (required)
• Excellent communication skills (verbal, written, presentation, interpersonal) (required)
• Strong understanding of GAAP. (required)
Security Disclosure
If you are offered a job from one of the EmblemHealth family of companies that includes ConnectiCare, AdvantageCare Physicians, and WellSpark, the offer confirmation email will come from “HRTalentAcquisition” with the subject line: “Offer of Employment for (job title)” – Please respond online”.
We never ask you to join a Google Hangout, request you to purchase your own equipment or pay to apply. We do not send email from a third-party email service such as Yahoo or Gmail.
Pay Disclosure
A good faith estimate of the compensation range for individuals hired to work for the EmblemHealth Family of Companies is provided. 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 considerations. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. It is not typical for an individual to be hired at or near the top of the range, as compensation decisions depend on each case’s facts and circumstances. Union roles covered by a collective bargaining agreement will compensate in accordance with the union contract.
EEOC Statement
We are committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. We are an equal opportunity/affirmative action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy or related condition, marital status, national origin, disability, protected veteran status or any other characteristic protected by law.