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Financial Reporting and Accounting Support Specialist

2 months ago

Springfield, Illinois, United States Group Benefit Services (GBS) Full time
Job Overview

The Financial Reporting and Accounting Support Specialist collaborates closely with the Accounting Team to execute a variety of bookkeeping and reporting functions for self-funded health plans.


Key Attributes of the Ideal Candidate:
  • Integrity, reliability, and trustworthiness
  • Proficient in managing multiple databases, bookkeeping, financial reporting, and banking operations
  • Familiarity with health insurance processes, IRS documentation, accounts receivable, and accounts payable
  • Advanced proficiency in Microsoft Excel, with a solid understanding of other Microsoft applications
  • Capable of juggling multiple tasks, adhering to reporting timelines, organizing workloads, and maintaining meticulous attention to detail
  • Strong verbal and written communication skills
  • Ability to perform effectively under tight deadlines
  • Initiative-driven with the capacity to exercise independent judgment within set parameters
  • Demonstrates logical reasoning and analytical skills
  • Competent in providing clear and effective information

Job Responsibilities:
  • Processing invoice entries
  • Conducting account reconciliations and accuracy assessments
  • Assisting in the preparation of IRS reports, including ACA, PCORI, 1099s, and Form 5500s
  • Managing daily check runs for plan claim disbursements
  • Overseeing monthly premium billing
  • Generating and distributing monthly reports for plans
  • Aiding in the preparation of client renewal documentation
  • Performing additional tasks as required

Qualifications:

The ideal candidate should possess a minimum of three years of experience in bookkeeping or accounting, complemented by an Associate's Degree in Accounting or Business Administration, or have equivalent professional experience in lieu of a degree.


Company Overview

Group Benefit Services, Inc. (GBS) is a technology-driven organization specializing in insurance claims, based in Springfield, Missouri. GBS offers a diverse array of resources designed to deliver high-quality employee benefit programs, focusing on enhancing savings, ensuring optimal quality, and fostering a positive experience for members.

"Quality People & Technology, Delivering Best in Class Performance."