Job Summary
The Accountant position offers many challenges and opportunities in a fast-paced environment for a leading Health Care Organization. Primary responsibilities are the participation in the monthly financial closing process and assisting in the preparation of closing documentation and schedules supporting internal and external reporting.
Key Responsibilities/Duties – what you will be doing
- Participate in the monthly financial close process by compiling and summarizing information for particular products from a variety of sources both internal and external to the department.
- Review and maintain detailed account analysis of balance sheet accounts and reconcile to the general ledger on a monthly basis.
- Prepare and process journal entries to the Oracle General Ledger system and run a high volume of reports in support of monthly financial activity.
- Prepare weekly Pharmacy Claims payments to our PBM and partner with IT and Accounts Payable to ensure claims data ties to invoices received and payments are made timely.
- Prepare Capitation workbooks for our fully capitated providers and assist with calculation of annual capitation settlements.
- Prepare recurring Vendor related payment requests.
- Assist with Annual Commercial Risk Share settlements.
- Assist in the preparation of supporting schedules and documentation for quarterly statutory filings and annual audited financial statements.
- Assist in the maintenance of a strong internal control environment including participation in the Model Audit Rule documentation and testing.
- Other projects and duties as assigned.
Qualifications – what you need to perform the job
EDUCATION, CERTIFICATION AND LICENSURE:
- A bachelor’s degree in Accounting.
Experience (minimum years required):
- 2-5 years of accounting experience. Health Insurance experience a plus
Skill Requirements
- Strong organizational skills are required to prioritize workflow to meet monthly deadlines in a fast-paced environment.
- Interpersonal skills are required to interact with various company personnel, at all levels, as well as external auditors.
- As the incumbent is exposed to confidential financial results, the applicant should have a high degree of integrity and professionalism.
- Incumbent should have a solid understanding of generally accepted accounting principles and be able to apply these principles to transactions occurring on a monthly basis.
- Incumbent is required to use and maintain various system applications.
- Experience using ERP and reconciliation software.Oracle and Blackline a plus.
- Proficiency in Microsoft Office applications, especially Excel.
WORKING CONDITIONS AND ADDITIONAL REQUIREMENTS (include special requirements, e.g., lifting, travel):
- Must be able to work under normal office conditions and work from home as required
- Valid driver’s license and automobile with active car insurance policy required
- Travel using employee’s own car to Massachusetts substance use facilities will constitute approximately 50% of the work on average
- Mileage will be reimbursed per industry standard
- Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations
- May be required to work additional hours beyond standard work schedule
Compensation & Total Rewards Overview
As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company’s sole discretion, consistent with the law.
Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
Medical, dental and vision coverage
Retirement plans
Paid time off
Employer-paid life and disability insurance with additional buy-up coverage options
Tuition program
Well-being benefits
Full suite of benefits to support career development, individual & family health, and financial health
For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/
Commitment to Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity
Point32Health is committed to making diversity, equity, and inclusion part of everything we dofrom product design to the workforce driving that innovation. Our DEI strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Who We Are
Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.
We enjoy the important work we do every day in service to our members, partners, colleagues and communities.
Scam alert: Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer, or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact, you may contact .
This job has been posted by Ignyte AI on behalf of Point32Health. Ignyte AI is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of Ignyte AI not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.