Senior Accounting and Quality Analyst

Summary:

The Senior Accounting and Quality Analyst is a dual-purpose role. The position analyses the quality, accuracy, and integrity of the accounting department’s general ledger, reconciliations, and supporting documentation, performs root-cause analysis on errors and data-quality issues and develops more efficient, well-controlled operations. In addition, the position is responsible for preparing journal entries, reconciliations, and supporting accurate and timely month-end close and financial reporting used for decision making by both internal and external customers. Together, these responsibilities ensure that HNE’s financial records are both produced and continuously reviewed for quality, supporting reliable financial reporting and strong internal controls. The role partners with management and the Accounting/Finance Departments and carries the degree of freedom to identify issues, recommend improvements, and act on assigned quality and process improvement initiatives.

Accounting Quality & Analytic Review – 30%

• Performs analytic review of select journal entries across the accounting function for accuracy, account coding, supporting documentation, and GAAP/STAT compliance, using data analysis techniques to identify anomalies, outliers, and duplicate or irregular entries
• Reviews the quality, completeness, and timeliness of select general ledger reconciliations across the department, including the aging and proper resolution of open reconciling items
• Builds, maintains, and monitors close-quality metrics and key performance indicators (KPIs) — such as error rates, reconciliation completion and timeliness, aged reconciling items, and late or adjusting entries — and reports results to management through dashboards and summaries
• Conducts root-cause analysis on recurring errors and data-quality issues and recommends process, documentation, and control improvements
• Performs assigned reviews of accounting processes and procedures — for example, evaluating how reconciliations and journal entries are performed — to identify and recommend more efficient, standardized, and well-controlled methods, and supports the implementation of those improvements
• Supports internal control over financial reporting, including Model Audit Rule (MAR) documentation and testing, and provides quality evidence and analysis to support GAAP and STAT audits
• Communicates findings and recommendations to accounting staff and management in an advisory capacity; this role provides independent analytic and quality review and does not hold approval authority over the work of other staff

Account Reconciliation & Variance Analysis – 25%

• Prepares and reviews general ledger account reconciliations, investigating, documenting, and resolving reconciling items on a timely basis
• Performs variance analysis of actual results against budgeted targets and prior periods, providing clear explanations of administrative and other budget variances
• Supports account reconciliation variance analysis and explanations across medical and non-medical accounts
• Maintains accuracy of the Line of Business tabs in the FINSTATNEW financial report
• Reconciles and analyzes the spreadsheets that appear in the month-end closing package to reflect the current month’s financial information for management review

Journal Entries & Month-End Close – 20%

• Prepares journal entries to reflect financial transactions from various sources, including claims, medical, and non-medical journal entries
• Prepares journal entries for pharmacy expenses and non-medical related expenses
• Prepares monthly accruals for medical, non-medical, and administrative expenses incurred but not invoiced

Financial Statement Preparation & Analysis – 15%

• Prepares the monthly Statement of Expense Report for each cost center manager based on actual vs. budgeted targets
• Partners with Finance to prepare Monthly Health Service Funds (HSFs) and related analysis
• Maintains and analyzes provider risk contracts to ensure HNE accurately records surplus/deficit corridors and withhold agreements for Commercial, Medicare, or Medicaid lines of business
• Supports preparation of documentation and reports for statutory and tax reporting

Other Departmental Duties & Support – 10%

• Supports GAAP and STAT year-end and interim audits as well as Compliance Monitoring routines
• Prepares check requests as needed to authorize payment to HNE for various expenses, including provider contract payments
• Supports special projects and process improvement initiatives as assigned

Minimum Requirements:

Bachelor’s degree in Accounting, Finance, or a related field and more than 3 years of related financial experience preferably in an HMO, insurance, or healthcare environment, or an equivalent combination of education and experience.

• In depth understanding of GAAP accounting conventions
• Intermediate to advanced level Excel skill, including the ability to build and maintain reporting tools, models, pivot tables, and dashboards, as well as other various accounting and PC based computer systems including but not limited to FAS 2000, SAGE100, and Amisys Advance
• Strong analytical skills with the ability to interpret financial data and assess the quality, accuracy, and integrity of accounting records, journal entries, and reconciliations
• Experience using data analysis to identify anomalies and exceptions, and to develop quality metrics, KPIs, and dashboards
• Knowledge of internal controls over financial reporting; familiarity with the NAIC Model Audit Rule (MAR) or similar control and audit frameworks preferred
• Strong written and verbal communication skills, including the ability to present findings and recommendations to both financial and non-financial audiences
• Analytical and detail oriented
• Ability to prioritize work and meet short deadlines
• Ability to work independently as well as part of a team, departmental and cross functional

Education:

Bachelors Degree (Required)

Certifications:

Compensation

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum - Midpoint - Maximum

$77,064.00 - $88,587.00 - $104,748.00

 

 

Equal Employment Opportunity Employer