WellSense Health Plan · 12 hours ago
Staff Accountant
United States
Full-time
Remote
Entry, Mid Level
$54K/yr - $78K/yr
1+ years expWellSense 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 Healthcare Accountant will perform advanced accounting in managing the Plan’s accounting and financial systems, ensuring compliance and preparing financial reports.
Hospital & Health Care
No H1B
Responsibilities
Prepares monthly journal entries, analyzes and reconciles assigned general ledger accounts. Entries may relate to prepaid expenses, expense accruals and revenue recognition
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
Assists Accounts Payable Manager with the following functions:
Weekly invoices – processing AP Inbox & tracking invoices for payment
Brainware – releasing invoices from Brainware and reviewing images in Image Express
New Vendor Setup – create the new vendor setup form in Infor; ACH verification with Vendor & complete the verification form. Follow up with BMC AP for completeness
Process void/reissue check requests – track and confirm when complete
Invoice coding – preliminary update & review with AP Manager
Cash ledger requests – verify, obtain approval, update template, upload to Infor. Monthly reporting to Customer Care and reconcile for completeness
Cognos reporting – generate PDF of invoices & submit for processing
Qualification
Required
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
Successful completion of pre-employment background check
Knowledge of accounting and auditing principles and practices under GAAP
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
Preferred
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
WellSense Health Plan
A nonprofit health plan serving Medicare, Individual & Family, and Medicaid plan members in Massachusetts & New Hampshire.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Heather Thiltgen
President & CEO
Diana Cruz
Chief Operating Officer
Company data provided by crunchbase