Overview

To support the overall financial success of PHC by providing senior level responsibilities in the preparation and analysis of Generally Accepted Accounting Principles (GAAP) financial statements, statutory financial reports, budget development and internal operational reports. Position maintains a significant role in the maintenance of the general ledger and the month end close process. The Senior Accountant is responsible for or assists with the maintenance and configuration of the accounting systems as well as being an advance user. The Senior Accountant has excellent analytical skills and a thorough knowledge of accounting principles to analyze financial reports and forecasts.

Works collaboratively with Finance staff and other Department Directors in the ongoing analysis and reporting of all aspects of the financial statements and other operating metrics. Provides assistance to other staff level accountants.

Responsibilities

• Prepare and record monthly journal entries for complex financial items such as healthcare costs, capitation revenue, and the company-wide budget. Position must understand all other journal entries and record them when needed.
• Position plays a significant role in the timely preparation of the monthly financial statements and reconciliation of complex balance sheet accounts as well as all other accounts when needed.
• Prepare the quarterly and annual financial statement reports to DHCS, DMHC and other regulatory agencies as required. Address inquiries regarding the reports from the same regulatory entities.
• Prepare documentation for auditors and ensure appropriate resolution to audit inquiries and/or findings for all financial items and processes managed by the Accounting team.
• Prepare financial statements and statistical data related to the annual audit and Management’s Discussion and Analysis (MDA) in accordance with the current Statement of Government Accounting Standards (SGAS), applicable FASB’s, GASB’s, and other related accounting regulations.
• Work with department directors in the development of their annual administrative or other health care cost budgets. Prepare and distribute monthly operational reports to the directors and address material actual to budget variances.
• Prepare and provide support for other revenue, UMQA, other health care costs and administrative costs to be included in the rate development templates and medical loss ratio reports as required by State and Federal agencies and prepared by the FP&A team.

• Perform configuration changes in accounting system (Multiview) and subsystems as required and authorized. Create, develop, and maintain financial reports in accounting systems and develop tools to export the data into other presentation software.
• Develop and document business processes and accounting policies to ensure strong internal controls and adherence to company policies.

Qualifications

Education and Experience

Bachelor’s Degree with emphasis in Accounting; minimum five (5) years’ progressive experience in financial reporting and analysis; minimum two (2) years of experience with healthcare data analysis; or an equivalent combination of education and experience.

Special Skills, Licenses and Certifications

Strong working knowledge of Accounting and Finance principles including GAAP, FASB, GASB and other State and Federal reporting regulations; experience within Medicaid managed care desired. Intermediate to advanced level proficiency in accounting systems (MultiView a plus), Microsoft Excel and Access. Proficient understanding of data integrity and database structures. Detailed knowledge of business data analysis, utilizing information systems and procedures for compiling, analyzing, interpreting, and reporting data. Strong data management, audit control, version management, and reconciliation management skills required.

Performance Based Competencies

Must demonstrate strong verbal and written communication skills, attention to detail and ensure all assignments are completed with a high level of accuracy on specified due dates and in compliance with regulatory and internal policies: ability to clearly communicate complex information to diverse audiences. Excellent analytical, problem solving, investigative and research ability. Ability to work in a team environment, manage time efficiently, adapt to changing priorities and multi-task effectively. Ability to determine appropriate courses of action in complex situations that may not be addressed by existing policies or procedures. Ability to make decisions that require significant analysis and investigation with solutions requiring original thinking. Stays current on all regulatory reporting requirements.

Work Environment And Physical Demands

Ability to use a computer keyboard and 10-key calculator. More than 70% of work time in front of a computer monitor. When required, ability to move, carry, or lift objects of varying size, weighing up to 10 lbs.

All HealthPlan employees are expected to:

• Provide the highest possible level of service to clients;
• Promote teamwork and cooperative effort among employees;
• Maintain safe practices; and
• Abide by the HealthPlan’s policies and procedures, as they may from time to time be updated.

IMPORTANT DISCLAIMER NOTICE

The job duties, elements, responsibilities, skills, functions, experience, educational factors and the requirements and conditions listed in this job description are representative only and not exhaustive or definitive of the tasks that an employee may be required to perform. The employer reserves the right to revise this job description at any time and to require employees to perform other tasks as circumstances or conditions of its business, competitive considerations, or work environment change.