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Medicaid Financial Accountant II

Moda Health
Moda Health Salary
Portland, OR Full Time
POSTED ON 6/1/2026
AVAILABLE BEFORE 6/30/2026
Let’s do great things, together!

About Moda

Founded in Oregon in 1955, Moda is proud to be a company of real people committed to quality. Today, like then, we’re focused on building a better future for healthcare. That starts by offering outstanding coverage to our members, compassionate support to our community and comprehensive benefits to our employees. It keeps going by connecting with neighbors to create healthy spaces and places, together. Moda values diversity and inclusion in our workplace. We aim to demonstrate our commitment to diversity through all our business practices and invite applications from candidates that share our commitment to this diversity. Our diverse experiences and perspectives help us become a stronger organization. Let’s be better together.

Position Summary

As the Medicaid Financial Accountant in Moda’s Accounting department, you will be responsible for the preparation of the accounting and reporting of the Company’s Coordinated Care Organization (Eastern Oregon Coordinated Care Organization). You will report to the Medicaid Financial Accounting Supervisor, with additional oversight from the Medicaid Financial Accounting Manager, and work collaboratively with the Financial Accounting team of approximately 18 to ensure the complete and accurate accounting and reporting of the Company’s financial data for Eastern Oregon Coordinated Care Organization (EOCCO). Additionally, you will regularly interact with a broader group both in and out of the Accounting department, namely the Medicaid Services department along with the Actuarial department, as well as interface with various financial stakeholders external to the Company. This is a hybrid position based in Portland, Oregon.

Pay Range

$80,000 - $105,000 annually (depending on experience). Actual pay is based on qualifications. Applicants who do not exceed the minimum qualifications will only be eligible for the low end of the pay range.

Please fill out an application on our company page, linked below, to be considered for this position.

https://j.brt.mv/jb.do?reqGK=27778390&refresh=true

Benefits

  • Medical, Dental, Vision, Pharmacy, Life, & Disability
  • 401K- Matching
  • FSA
  • Employee Assistance Program
  • PTO and Company Paid Holidays

Required Skills, Experience & Education

  • Bachelor degree in Accounting or Finance; Accounting preferred.
  • 3 years public accounting or Financial accounting experience; CPA preferred but not required.
  • Strong understanding of accounting concepts and Generally Accepted Accounting Principles (GAAP).
  • Understanding of Statutory Accounting Principles (SAP) preferred.
  • Strong analytical and problem solving skills, including understanding of T-Accounts, and ability to work through difficult accounting scenarios.
  • Experience with or exposure to various forms of financial reporting, including preparation of financials, footnotes and electronic tie outs.
  • Strong verbal, written and interpersonal communication skills.
  • Ability to work well under pressure to meet strict deadlines, as well as ability to maintain flexibility to shift priorities and reprioritize.
  • Strong time-management and organization skills; ability to move multiple work streams forward at once and actively prioritize projects.
  • Proficiency with Microsoft applications (Word, Excel, PowerPoint). Use of pivot tables, vlookups, and other moderately difficult Excel functions required.
  • Ability to maintain confidentiality and project a professional business image with both internal and external parties.
  • Willingness to work additional hours when necessary.

Primary Functions

  • Ensure the integrity of the GAAP general ledger by completing the monthly financial close for EOCCO. This will include detailed journal entry preparation and analysis of financial results (through the completion of a monthly financial package).
  • Ensure that 100% of account reconciliations are completed monthly for EOCCO. Further, must have ability to create/propose appropriate reconciliations for new accounts or processes as needed (i.e. assess appropriateness of ending account balance and develop reconciliation approach).
  • Prepare payment requests for this entity that are owned by the Accounting department; maintain calendar schedule of recurring payment due dates.
  • Prepare quarterly and annual reporting to be filed with the OHA and NAIC.
  • Prepare reporting and presentations for EOCCO board.
  • Demonstrate high levels of independent ownership, in addition to working collaboratively with the department, in order to maintain adherence to close calendar, both for monthly close as well as quarterly and annual close.
  • Independently prepare various schedules, including standalone entity financial statements, in support of the annual external audit, when assigned.
  • Perform detailed reconciliation and/or reporting projects related to various Medicaid initiatives.
  • Attend and participate in various meetings, including working internally with Moda employees as well as externally with other Medicaid-related organizations.
  • Stay informed of current financial reporting and accounting issues, including those prescribed by OHA.
  • Works with other departments as necessary to ensure financial statements are complete and accurate; works to understand and/or test the completeness and accuracy of key sources of data (key reports).
  • Demonstrates continuous effort to exhibit ownership over key responsibilities, improve operations, and streamline work processes to create efficiencies.
  • Perform other duties or projects as assigned.

Working Conditions & Contact With Others

  • This position works closely with others in the Accounting department (approximately 40 people), as well as with others throughout the Company including the areas of: Medicaid Services, Underwriting & Actuarial, IT, Internal Audit, Claims and Benefit & Provider Configuration. Externally, this position will work with external auditors, state regulators and various other plan partners. Attendance and participation at meetings will be required.
  • Extensive close keyboard and PC work, constant sitting (stand up desks available if in line with company policy). Work in excess of standard work week.

Together, we can be more. We can be better.

Moda Health seeks to allow equal employment opportunities for all qualified persons without regard to race, religion, color, age, sex, sexual orientation, national origin, marital status, disability, veteran status or any other status protected by law. This is applicable to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absences, compensation, and training.

For more information regarding accommodations please direct your questions to Kristy Nehler and Danielle Baker via our humanresources@modahealth.com email.

Salary : $80,000 - $105,000

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