Overview
This role is responsible for preparing and reviewing financial statements by coordinating the month-end close and reporting process. The position involves gathering and analyzing complex financial information, evaluating accounting implications, and developing recommendations for senior management. It also supports continuous improvement of accounting and reporting controls, provides technical guidance on accounting and fiscal procedures, and assists with audits and internal control self-testing.
Responsibilities
- Coordinate and support month-end close activities and reporting processes.
- Review journal entries and account reconciliations; prepare schedules and perform general accounting functions.
- Manage or perform accounting and/or reporting activities on a GAAP/SAP basis.
- Resolve financial accounting issues and participate in procedural/process changes.
- Provide technical guidance on accounting and fiscal procedures.
- Support continuous improvement by evaluating accounting and reporting controls and implementing corrective action plans.
- Support and participate in projects to improve and/or facilitate accounting and reporting functions.
- Perform research of financial and operating data, including technical accounting pronouncements, promulgated regulatory bulletins, and benchmarked industry information; prepare analyses, reports of findings, and recommendations.
- Conduct due diligence reviews, including detailed research of financial information; review deal structures, evaluate accounting implications, and recommend as appropriate.
- Initiate and support process/control improvement projects; partner with project teams to ensure resolution of project and post-project issues.
- Review financial statements and supporting documentation for GAAP/SAP monthly, quarterly, and annual reports for internal and external audiences.
- Work with other plans and BCBSA to resolve accounting and reporting issues.
- Assist with audits by providing requested information, resolving issues, and drafting resolutions.
- Maintain and enhance internal controls and perform self-testing.
- Provide leadership, coaching, support, problem-solving assistance, and knowledge transfer to others.
- Provide leadership and support for accounting system setup/maintenance, chart of accounts, or other reporting/accounting sub-systems, when applicable.
Requirements
- Bachelor’s degree or advanced degree (where required).
- 5+ years of experience in a related field.
- In lieu of degree: 7+ years of experience in a related field.
Preferred Qualifications
- Familiarity with insurance-specific accounting concepts, including premium accounting, loss reserves, claims accounting, and reinsurance transactions.
- Advanced proficiency in ERP systems such as Oracle, SAP, Workday, or Microsoft Dynamics.
- CPA designation or progress toward obtaining CPA certification.
Compensation & Benefits
- Salary range: $81,068.00 - $129,708.00
- Total Rewards package includes:
- Annual Incentive Bonus (based on annual corporate goal achievement and individual performance)
- 401(k) with employer match (including an annual company contribution)
- Paid Time Off (PTO)
- Medical, dental, and vision coverage and numerous health and wellness programs
- Parental leave and support plus adoption and surrogacy assistance
- Career development programs and tuition reimbursement for continued education
Location
- Hybrid-Flex: work in the office at least two days a week for collaboration and connection.
- Remote-Flex: work virtually with a few in-office visits each year.
- Hybrid-Flex or Remote-Flex depends on the nature of the work and distance from Durham headquarters.
- Candidates from outside the local area and in any states listed on this job posting are welcome.
- Onsite expectations will be discussed during the interview process.