Jobs
>
Chicago

    FEP Senior Accountant - Chicago, United States - Blue Cross Blue Shield companies

    Default job background
    Description
    The Sr FEP Accountant role will be accountable for a broad range of accounting support as necessary to ensure the delivery of accurate and timely financial services to the FEP Program, BCBSA leadership and member Plans


    Financial services include:
    1) facilitating the completion of audit engagements for the purpose of presenting audited financial statements to FEP, OPM, administrators and applicable regulatory agencies 2) accurate and timely recording and reporting of periodic financial results 3) aggregation, analysis and presentation of financial data 4) additional services as needed to meet evolving business needs.

    This role performs advanced technical and analytical processes in the area of accounting and cash management for the BCBSA Federal Employee Program.

    Subject matter expert (SME) to other accounting staff relative to complex transaction processing and financial reporting.

    Reviews and evaluates procedures to ensure efficiency in month-end close process, and interface between the sub-systems and the general ledger.

    Policy and Internal Control and Contract Compliance –

    Supports daily management of all daily operational accounting and reporting functions of the BCBSA Federal Employee Program.


    Contributes to oversight and adherence to financial policies, procedures and practices to ensure adequate internal controls for the safeguarding of the FEP and affiliated entity assets.

    Verifies accuracy of information and ensures that records are in compliance with appropriate standards and regulations. Contributes to sound overall management decisions and business practices.

    Serves as primary contact to resolve variances related to inter-company liabilities and receivables (Benefits Payable).

    Partner with Plan Finance staff and management to review and assess complex accounting situations and to bring resolution to related issues.

    Provide guidance to Plans on proper treatment of FEP accounting transactions.

    Coordinate and lead Plan meetins to train new Plan staff and to work with the respective accounting teams to understand and address issues.

    Document and understand Plan financial processes to facilitate overall understanding. Regularly communicate Plan issues and progress to management. Complete Benefits Payable GL account reconciliation on a timely basis.


    Ensures accounting policies, procedures and methods are consistent with current accounting pronouncements (GAAP), Government Cost Accounting Standards (CAS) or approved contract accounting practices and requirements.


    Contributes to the maintenance of effective system of internal controls, including the development of financial policies and procedures and maintenance of account reconciliations.


    Evaluates and responds to questions and issues regarding compliance with established accounting policies and procedures to ensure that internal customers comply with the policies and procedures, and make recommendations for increasing compliance.

    Serve as backup for the daily processing of FEP financial transactional data (daily claims, Plan invoices, other adjustments, etc.).

    Financial Reporting –

    Contributes to management of monthly close processes and produces Fiscal Accounting Statements & Annual Accounting Statements (AAS) for FEP.

    Prepares and/or oversees the preparation of monthly interim financial reports including budgets and financial forecasts, review and approves all monthly reconciliations and journal entries.


    Plans and performs day-to-day FEP reporting tasks to include timely and accurate journal postings, as well as evaluating and ensuring the application of appropriate accounting treatment.

    Responsible for all monthly close activities, including journal entries and documentation of anomalies and/or specialized accounting situations and preparation of detailed account reconciliations, as well as complex reports and analyses.

    Assists manager in compiling Annual and Fiscal financial packages, including support schedules and footnotes.

    Complies with ad-hoc requests to analyze financial results, data, and other information based on business requirements, to ensure appropriate information is captured, available and understandable to management, auditors or other users.

    Communicates with Plans as needed to gather or share pertinent financial information.

    Financial Analysis –


    Determines and recommends necessary financial actions for the various programs based on financial analysis and/or research of various activities, operating results, business problems, and/or technical accounting, tax, and financial issues.

    Assists in the design of new financial reports utilizing PeopleSoft Financial System. Prepares and conducts research and advanced analysis of information, to facilitate report design. Provides first level analysis to various reporting issues across multiple financial systems.


    Works to identify trends, risk areas, and other critical information that can be used by internal and external customers as a source of information and/or a basis for business and systems decisions.

    Provides explanations and support to Plans, as needed, related to financial reporting.

    Client Service Delivery

    Coordinates effective financial services to BCBSA Divisions and Departments through partnership with Financial Planning Client Service Teams.


    Provides support to enable Client Service teams to operate at a high level, staying consistently relevant to the business needs of the Client as well as the financial stewardship role of the Finance Division.


    Leads team culture of continuous improvement through the development and delivery of client ready solutions, continuously reducing the effort required by both Finance and internal customers.

    Aligns resources and prioritizes work to balance efficiency with customer value when designing work processes. Builds the Finance Division's and BCBSA's financial knowledge and expertise to achieve existing and emerging business objectives.

    Process Improvement


    Identifies and recommends areas for improvement in FEP's financial processes by continually keeping abreast of internal and external accounting trends and operations.

    Acts as key contact to resolve operational problems in financial activities, reviewing and recommending process changes, as necessary.

    Provides training and guidance to other Accounting and Reporting staff, in determining appropriate courses of action, proper accounting and accurate reporting of FEP financial data.

    Prepare departmental responses and communications to Plans, as needed.

    Education

    Bachelors Degree

    Accounting

    Certifications

    Certified Public Accountant (CPA)

    Experience

    Five years of accounting experience with a minimum of three years in a financial reporting or financial reporting role performing all aspects of the monthly close process and experience navigating accounting software (preferably PeopleSoft) effectively,

    Two or more years of audit experience with top tier national public accounting firm.

    Two or more years serving as a lead accountant in a health care or health insurance organization.

    Skills

    Proficient in PeopleSoft, including financial applications, and MS Office, including high Excel proficiency.


    Written and verbal communication skills, with the ability to discuss complex accounting issues with senior management, auditors, and Plan management, as well as an audience with a non-financial background.

    Ability to understand complex accounting transactions, and to apply GAAP and non-GAAP standards.

    Ability to meet tight deadlines, thrive in a matrix reporting environment and manage multiple tasks efficiently.

    People Management

    No
    #J-18808-Ljbffr


  • Revantage Chicago, United States

    Overview · WHO WE ARE · Revantage is a Blackstone Company that provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office ...

  • Shirley Ryan AbilityLab

    Senior Accountant

    1 week ago


    Shirley Ryan AbilityLab Chicago, IL, United States

    You'll work in a truly inclusive environment where diversity and equity are championed through words and actions. You'll play a role in something that's never been done before as we integrate science and clinical care to help patients achieve better, faster outcomes — as we Advan ...

  • The LaSalle Group

    Senior Accountant

    1 week ago


    The LaSalle Group Chicago, United States

    LaSalle Network has partnered with a dynamic and fast-growing marketing agency located in the heart of ChicagoAs the firm expands, they are seeking a Senior Accountant to join the finance team. · In this role, you will be responsible for ensuring the accuracy and integrity of ou ...

  • Brilliant Staffing

    Senior Accountant

    1 week ago


    Brilliant Staffing Chicago, United States

    Brilliant Financial Staffing has been engaged on the search for a · Senior Accountant · to join our client in the professional service, on a Direct Hire basis. Located in Chicago, IL the · Senior Accountant · will report to the president and work alongside of one other indivi ...

  • LHH Recruitment Solutions

    Senior Accountant

    1 week ago


    LHH Recruitment Solutions Chicago, United States

    Job Description · Job DescriptionLHH Recruitment Solutions is supporting our client with a contract role for a senior accountant. This is a temporary role to assist in the interim and is hybrid in Chicago. This role will focus on month end close and reporting. They are looking fo ...

  • Blue Signal Search

    Senior Accountant

    1 week ago


    Blue Signal Search Chicago, United States

    Our client has an impressive industry reputation based on quality customer service, attention to detail, and a high commitment to ethics. They are hiring a Senior Accountant to support their financial services sector. · As a Senior Accountant you will play a pivotal role in over ...

  • Lee Hecht Harrison Nederland B.v.

    Senior Accountant

    1 week ago


    Lee Hecht Harrison Nederland B.v. Chicago, United States

    If you are interested in applying for this job opportunity, please email your resume in Word format to · and put " Senior Accountant " in the subject line. · Emailed resumes will have priority consideration over online applications. · LHH Recruitment Solutions is seeking an am ...

  • Creative Financial Staffing

    Senior Accountant

    2 days ago


    Creative Financial Staffing Chicago, United States

    Our client is looking for a Senior Accountant to join their team You will be responsible for preparing and analyzing financial records for our company. · About the Company: · Privately held multifamily real estate firm with offices in Chicago · Since 2009, our client has mana ...

  • AMS Staffing Inc.

    Senior Accountant

    5 days ago


    AMS Staffing Inc. Chicago, United States

    Job Description · Job Description · Please send resume in WORD format should you be interested in the following Senior Accountant position located in Chicago. This is a full-time, direct-hire position with a salary between K plus bonus and awesome benefits. If youre not interes ...

  • AMS Staffing Inc.

    Senior Accountant

    1 week ago


    AMS Staffing Inc. Chicago, United States

    Job Description · Job Description · Please send resume in WORD format should you be interested in the following Senior Accountant position located in Chicago, IL. This is a full-time, permanent position with a salary up to $100K plus discretionary bonus and benefits. If youre n ...

  • FutureSense

    Senior Accountant

    1 week ago


    FutureSense Chicago, United States

    Our client is seeking an e · xperienced Senior Accountant to support general accounting operations by controlling and verifying financial transactions. You will be responsible for reconciling account balances and bank statements, maintaining general ledger and preparing month-en ...

  • Baker & McKenzie Rechtsanwaltsgesellschaft mbH

    Senior Accountant

    1 week ago


    Baker & McKenzie Rechtsanwaltsgesellschaft mbH Chicago, United States

    The Senior Staff Accountant, US will be the PTP liaison and ensure the end-to-end PTP processes are managed efficiently in coordination with the Service Center teams. This role will assist the In-Market Senior Accounting Manager and the Associate Director of Finance and will work ...

  • Page Mechanical Group Inc

    Senior Accountant

    1 week ago


    Page Mechanical Group Inc Chicago, United States

    Senior Accountant · La Rabida Children's Hospital is hiring a · Senior Accountant · for the Accounting Department in Chicago, IL. · At La Rabida Children's Hospital, our mission is simple: we are dedicated to maintaining and improving the quality of life for each of our patie ...

  • Allant Group

    Senior Accountant

    2 weeks ago


    Allant Group Chicago, United States

    Allant Group is a data-driven audience orchestration engine that powers the solutions behind successful customer journeys. We give organizations a competitive advantage by leveraging data, analytics, customer experience management, martech integration, and strategic consulting se ...

  • The Hill Group

    Senior Accountant

    17 hours ago


    The Hill Group Chicago, United States

    Who we are: · The Hill Group is one of the largest mechanical contractors in the Midwest with a strong financial standing and a robust balance sheet. We are looking for a Senior Accountant to join a dynamic and high growth environment to own the various accounting functions as t ...

  • Folding Guard Company

    Senior Accountant

    1 week ago


    Folding Guard Company Chicago, United States

    If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. · Senior Accountant · Full Time · Chicago, IL, US · 30+ days ago · Requisition ID: 1030 · Salary Range: · $95,000.00 To ...

  • Harmer Associates

    Senior Accountant

    1 day ago


    Harmer Associates Chicago, United States

    This range is provided by Harmer. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. · Base pay range · $95,000.00/yr - $115,000.00/yr · Additional compensation types · Annual Bonus · Direct message the job poster from Harmer · ...

  • Youth Outreach Service

    Senior Accountant

    1 week ago


    Youth Outreach Service Chicago, United States

    Department: Accounting · Location: Chicago, IL · Schedule: Full-Time - On-site (Monday-Friday 8:30 am-4:30 pm) · SUMMARY: · Under the direction of the Chief Financial Officer (CFO), the Senior Accountant is responsible for the cost accounting and general accounting functions. ...

  • Connect Search

    Senior Accountant

    1 week ago


    Connect Search Chicago, United States

    We are looking for a Senior Accountant to support a local client, if you might be interested I encourage you to apply · Duties · Timely and accurately completes all assigned tasks necessary for the general ledger close at each period-end, quarter-end, and year-end reporting cyc ...

  • Aeris Communications

    Senior Accountant

    2 days ago


    Aeris Communications Chicago, United States

    Aeris is at the forefront of the "Internet of Things" (IoT) industry, building networks and applications to enable Fortune 500 clients to fundamentally improve their businesses. We believe IoT will have a profoundly positive impact on the world for generations to come. The improv ...