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Health Care Service
Illinois, IL | Full Time
$64k-78k (estimate)
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Halo Branded Solutions
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Senior Accountant
$64k-78k (estimate)
Full Time | Business Services 4 Months Ago
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Health Care Service is Hiring a Senior Accountant Near Illinois, IL

At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career. Come join us and be part of a purpose driven company who is invested in your future! Job Summary This position is responsible for the EFT/Claims/Checks/Refund balancing for the Commercial as well as Government Line of a Business. Review of daily claims offshore balancing processes utilizing Alteryx Automated System and follow-up on any variances with partner areas or vendor resources. Performing accounting and analysis at an advanced level, preparing journal entries and account reconciliations. Responsible for researching & troubleshooting challenging questions and unusual cases, responding to complex or escalated questions or issues or volatile situations. Position is responsible for reporting reinsurance activity for the most reinsurance contracts with preparing YTD financial statements for the subsidiary companies, initiating wire transfer payments for both internal as well as external entities. Partnering with actuarial department to obtain support for the reinsurance entries & processing prior/current period adjustments based on the change in reinsurance contracts. This position is also responsible for balancing and recording complex multi-billion dollar paid claims journal entries for all the lines of business in the HCSC divisional states. Support the internal as well as external audit inquiries including MAR, audit services as well as EY requests on a monthly, quarterly & annual basis. Provide support to the automation projects and provide inputs from accounting perspectives for the process improvements. Point of contact for various adhoc inquiries for claims & bank reconciliation team and other external areas. JOB REQUIREMENTS: *Bachelor’s in Accounting or Finance and at least 3 years' accounting experience; OR 6 years of accounting experience. *Keen analytical skills and very detail-oriented. *Ability to work independently and multi-task. *Auditing accounts to ensure they are in balance, cash has been allocated and aging is current. *Clear, concise written and oral communication with good grammar and word choice. *Ability to read and interpret financial and membership reports. *Intermediate to Advanced MS Word and Excel knowledge. *Monthly preparation of 40 account reconciliations and research of any variances that arise due to reconciling items. *Audit coordination with Corporate Governance for MAR updates, Internal Audit, and E&Y for cash audits. *Serve as point of contact for various projects that impact the Bank Reconciliation team and Ad hoc inquiries from Regulators where copies of checks are requested PREFERRED JOB REQUIREMENTS: *Degree in Accounting or Finance. *Read and interpret financial and membership reports. *Knowledge of HCSC structure, functions, refund procedures and responsibilities of Balancing, Analysis, Cash Receipts, Financial Reporting, etc. *Experience with statutory accounting. *Intermediate MS Word, Excel and Access and writing/interpreting MS SQL queries. *Accounting project implementation experience including writing test cases and testing various scenarios. *CPA/MBA or working towards CPA/MBA is preferred but not required. #LI-DK1 #LI-DK #LI-Hybrid Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process! HCSC Employment Statement: HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Join our talent community and receive the latest HCSC news, content, and be first in line for new job opportunities. Join our Talent Community. For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment. HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions. Legal and Privacy Health Care Service Corporation is an Equal Opportunity Employment / Affirmative Action employer Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association © Copyright 2022 Health Care Service Corporation. All Rights Reserved.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$64k-78k (estimate)

POST DATE

02/03/2024

EXPIRATION DATE

07/01/2024

WEBSITE

healthcareservicesgroup.com

HEADQUARTERS

BENSALEM, PA

SIZE

100 - 200

TYPE

Private

REVENUE

$10M - $50M

INDUSTRY

Business Services

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The job skills required for Senior Accountant include Accounting, Analysis, Financial Statements, CPA, Financial Reporting, Account Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Senior Accountant positions, which can be used as a reference in future career path planning. As a Senior Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Accountant. You can explore the career advancement for a Senior Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Senior Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Senior Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Senior Accountant job description and responsibilities

Senior Accountant prepares financial analyses and reports.

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Their functions include coordinating accounting functions and programs.

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They also prepare revenue projections and forecasting expenditure and assisting with preparing and monitoring budgets.

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Maintaining and reconciling balance sheet and general ledger accounts.

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Senior accountants take ownership of reporting costs, productivity, margins and expenditures for companies and organizations.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Senior Accountant jobs

Assist with annual audit preparations.

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Investigate and resolve audit findings, account discrepancies, and issues of non-compliance.

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Prepare federal, state, local, and special tax returns.

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Contribute to the development of new or amended accounting systems, programs, and procedures.

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Perform other accounting duties and supporting junior staff as required or assigned.

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Step 3: View the best colleges and universities for Senior Accountant.

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