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Junior Accountant

3 months ago

California, United States Verdahealthcare Full time

Verda Healthcare, Inc.

has a contract with the Center of Medicaid and Medicare Services (CMS) and Texas Department of Insurance (TDI) for a Medicare Advantage Prescription Drug (MAPD) plan for 2024. We are looking for a

Junior Accountant

to join our growing company with many internal opportunities. Are you ready to join a company that is changing the face of health care across the nation? Verda Healthcare, Inc. is looking for people like you who value excellence, integrity, caring and innovation. As an employee, you’ll join a team dedicated to improving the lives of our Medicare members. Our vision incorporates value-based health care that works. We value diversity. Align your career goals with Verda Healthcare, Inc. and we will support you all the way. Position Overview

The

Junior Accountant

covers a wide variety of functions which includes transaction processing, AP, AR, financial analysis, revenue recognition, cost allocation, and annual audit support. He/she should serve as a key resource for the organization for statutory reporting to NAIC/TDI and provide daily financial oversight to ensure the financial records are complete and in compliance with generally accepted accounting principles (GAAP). Some of the job duties include playing a role in the monthly and year-end closing process, completing accurate and timely monthly financial statement preparation and analysis, monitoring expense activity for trend required accruals and policy compliance, analyzing revenue and cost recognition for conformance with new and existing accounting guidance. Primary Responsibilities:

Assist in preparation of quarterly and annual state and federal statutory (NAIC/TDI). Assist in preparing and analyzing financial statements, ensuring accuracy and compliance with accounting standards. Process accounts payable and accounts receivable transactions. Reconcile bank statements and other financial records. Assist with monthly and year-end closing procedures. Prepare and maintain documentation for audits and regulatory compliance. Help manage and maintain the general ledger. Collaborate with cross-functional teams to ensure accurate and timely financial reporting. Assist in financial analysis and variance reporting. Assist in yearly audit process in accordance with generally accepted accounting principles (GAAP) and relevant healthcare regulations. Assist Accounting Manager with reports and special projects, as assigned. Perform other accounting and administrative duties as assigned. Minimum Qualifications:

Bachelor’s degree in Accounting, Finance or related field. Must have experience in filling Statutory Reporting to National Associations of Insurance Commissioners (NAIC) and Texas Department of Insurance (TDI). Strong understanding of basic Generally Accepted Accounting Principles (GAAP). Proficiency in Microsoft Excel/Word and accounting software (e.g., QuickBooks). Experience with full cycle accounting and month-end close process. Experience with accruals, balance sheet reconciliations, and cash reconciliations. Ability to adapt to changing regulatory requirements. Excellent attention to detail and organizational skills. Effective communication skills, both written and verbal. Ability to work independently and as part of a team. Ability to produce quality output under tight deadlines. PHYSICAL DEMANDS*

Regularly sitting at a workstation, in an office, or cubicle setting. Must occasionally lift and/or move up to 10 pounds. *Other duties may be assigned in support of departmental goals.

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