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HMSA · 3 days ago

Senior Accounting Analyst

Honolulu, HI

Full-time

Onsite

Mid, Senior Level

$53K/yr - $99K/yr

3+ years exp

HMSA is seeking a Senior Accounting Analyst who will prepare, coordinate, and analyze complex financial accounting transactions. The role involves performing financial analysis, managing compliance reporting, and supporting corporate initiatives while ensuring adherence to regulatory requirements.

AssociationHealth CareInsuranceMedical

Responsibilities

Performs complex financial analysis with minimal supervision and report findings to management

Reviews and reconciles medium to high complexity balance sheet accounts. This includes, but is not limited to, cash, revenue, receivable, expense, and liability accrual accounts

Analyze financial data for significant fluctuations and communicate with appropriate units or departments to ascertain validity of transactions

Analyze, research, and communication financial information to management or leadership

Prepares and provides account reconciliations, audit workpapers, and other documentation for internal and external audit reviews

Provides support for Federal and State compliance reporting requirements such as Federal Plan (FEPDO and OPM) reporting requirements, HIPAA compliance guidelines, Federal escheat requirements, State Unclaimed property reporting requirements, IRS 1099 reporting requirements, and any other new or updated regulatory mandates

Ability to interpret government rules and regulations

Communicate with vendors and business associates on updated or new reporting requirements

Manages and coordinates work effort for updates to compliance guidelines including but not limited to HIPAA Core Rules, Washington Publishing Company Updates, BCBS Association updates

Review and approve general ledger account reconciliations, claims system payment balancing worksheets, and other internal forms or balancing worksheets as needed

Assist management with review of payment transactions, general ledger reporting and account reconciliation

Manages and coordinates work effort for Disbursements functions such as recovery of provider negative balance, review and reconciliation of medical refunds transactions, processing third party payee requests, monitoring customer inquiry requests, balance, and review payment-related claims transactions

Assist with resolving issues related to payments, refunds, negative balance, deducts, etc

Actively participates in projects and provides system test support for corporate initiatives and systems upgrades

Develop business processes, procedures, and workflows for new requirements or business needs for corporate priority initiatives or departmental goals and provide overview and training to staff as needed

Take on leadership role in managing work effort with other department leads to develop, test, and implement solutions

Have direct responsibility and ownership in executing large scale process improvement opportunities within new business launches and existing processes and controls, including defining scope, goals, and deliverables in collaboration with senior leadership and stakeholders

Support all aspects of testing including requirements renew, test case validation and preparing documentation for test acceptance criteria

Ability to trouble-shoot system problems and collect relevant information to solve problem or determine best solution with minimal risk and impact to our customers

Effectively communicates with other departments on information related to outstanding balances and the associated claims or remittance information

Coordinate work efforts for audit review and train staff on various business functions

Identify, articulate, and communicate project and accounting operation risks to senior leadership, along with clear recommendations for resolution or mitigation

Performs all other miscellaneous responsibilities and duties as assigned or directed

Qualification

Financial analysisCompliance reportingGeneral ledger reconciliationMicrosoft ExcelProcess improvementCommunication skillsTeam collaborationProblem-solving

Required

Bachelor's degree with emphasis in accounting, finance, or other business-related field and three years of related work experience; or an equivalent combination of education and related work experience in accounting/finance functions

Excellent written and oral communication skills

Basic working knowledge of Microsoft Office applications including but not limited to Word, Outlook/Email and PowerPoint

Intermediate working knowledge of Microsoft Office applications including but not limited to Excel