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Accounting Analyst

4 months ago

Fargo, United States Blue Cross Blue Shield of North Dakota Full time
Description

All about us

You likely know us as an insurance company, but that's just a portion of what we do. Hundreds of thousands of North Dakotans trust us to provide them with personalized service and unmatched access to care. It's a mission we take seriously.

We also work with entities throughout the state to challenge the cost and complexity of health care in North Dakota. This uncompromising goal requires caring, innovative people who are ready and willing to help create a new level of health and well-being in North Dakota and beyond.

Work environment

This opportunity is eligible for a hybrid work arrangement based out of the Fargo, ND office. We empower our employees to find a work style that is best for them. Learn more at Life at Blue | BCBSND.

This position is eligible for internal and external applications.

Pay information

Pay Level: 021

FLSA Category: Exempt - Salaried

A day in the life

The Accounting Analyst is responsible for preparing financial reporting and research, analysis and journal entry preparation for claims, premium, insurance, reinsurance, tax, subsidiary billings, treasury, Federal Employees Plan (FEP), BlueCard, operating expenses, and prescription drug programs. This position develops balancing routines and designs exception reports that provide a means to analyze and fix out of balances in reconciliations and various reports.

Your responsibilities will include:

  • Prepares monthly financial reports and statements for internal management and externally for various state and regulatory filings as assigned.
  • Researches, analyzes and prepares monthly journal entries for assigned areas such as insurance, reinsurance, prescription drug programs, premium, claims, treasury, tax, operating expenses, subsidiary billings and pharmacy rebates.
  • Performs account analysis and reconciliations for general ledger and bank accounts.
  • Assists in preparing federal and state tax returns, estimates, and other tax related reports.
  • Assists with annual cash flow projections to ensure adequate cash flow for the organization.
  • Coordinates billing and financial reporting processes for The Payment Integrity Program. Creates and manages the status of receivable accounts and identifies inconsistencies.
  • Prepares monthly statistic files for operating expense allocations and operating expense costing. Researches and analyzes data for reasonableness and makes corrections and/or updates based on company, system, and other changes.
  • Serves as a backup for financial system administration for the accounting system and reporting tool.
  • Assists in providing information and responses to various audits including internal auditors, state and federal regulatory agencies, and other external auditors
  • Prepares monthly billings to vendors and affiliates for services provided by the company.
  • Performs trend analysis to identify business process failures to determine root cause, corrective action or process improvement.
  • Completes surveys, prepares presentations, and conducts other projects, as requested.

What you need to succeed

  • A Bachelor's degree in Finance, Business, Accounting, or a related field with at least 3 years of experience in general accounting.
  • Ability to apply knowledge and expertise to utilize and understand systems, policies and procedures.
  • Pays close attention to the details of all work and strives for a high level of accuracy.
  • Organizes and develops data to respond to audits and requests.
  • Consistently maintains a high level of productivity.
  • Effectively communicates verbally or in writing with individuals and groups to deliver information.
  • Collaborates well with other individuals while working on projects or tasks.

Equivalent combination of education, experience or training determined to be acceptable by Human Resources may be substituted, unless regulated by contract or program standards

Benefits and perks

  • Wellness incentives including well-being lifestyle spending accounts, employee assistance program and employee discounts.
  • Encouraged paid time off including paid holidays and flexible holidays to use as you wish.
  • 16 hours of paid volunteer time with a $200 donation to a charity of your choice upon completion of all volunteer hours.
  • Employee recognition, community initiative events and yearly company outings.
  • Workplace flexibility offering remote, office or hybrid work schedules and the freedom to make time for important commitments.
  • Our core benefits include health, dental, vision and life insurance, short-term and long-term disability and paid parental leave.

Equal opportunity employment

Equal Opportunity Employer of Minorities, Females, Protected Veterans and Individual with Disabilities, as well as Sexual Orientation or Gender Identity.

For questions, please email careers@bcbsnd.com.

This job posting will be closed 6/7/2024 at 8:00 a.m. (CT). No further applications will be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)