Summary:
Prepare journal entries, account reconciliations and other analyses as part of the month end close process. Ensure that the monthly close for EmblemHealth is performed timely, accurately and in accordance with Generally Accepted Accounting Principles (GAAP). Participate in the development and enhancement of internal controls over financial reporting and process improvements to streamline the monthly close process. Support business processes by partnering with FP&A, IT, Operations, HR, and other internal business departments.
Responsibilities:
- Prepare monthly journal entries and account reconciliations as part of the month end close process.
- Ensure that journal entries, account reconciliations and other analyses are prepared in a complete, accurate and timely manner and that financial information is recorded in accordance with GAAP.
- Identify and implement process improvements to achieve a 10-business day close and to ensure compliance with corporate policy and MAR controls.
- Streamline the close process through automation to eliminate manual processes and improve efficiencies.
- Collaborate with other corporate groups to identify and implement "best practices" in accounting, reporting and financial controls.
- Provide supporting financial analysis and other documentation to internal business partners and prepare documentation in support of financial statements for internal and external auditors, as well as for CMS, DOH and DFS audits.
- Collaborate across departments to improve on the company's overall internal control structure and design and implement best practices.
- Perform duties as requested.
Qualifications:
- Bachelor's degree in Accounting required; MBA/MSA preferred
- CPA preferred
- 4 - 6+ years of relevant, professional work experience required
- 2+ years of experience in public accounting preferred
- Proficiency with MS Office (Word, Excel, Access, PowerPoint, Teams, Outlook), with advanced knowledge in Excel required
- Strong quantitative, data manipulation skills; ability to work with large data sets while succinctly summarizing conclusions required
What We Do
EmblemHealth is one of America’s largest not-for-profit health insurers, serving more than three million people in the New York tristate area. With an 80-year legacy of serving New York communities, EmblemHealth offers a full range of commercial and government-sponsored health plans to employers, individuals, and families.
We started back in the 1930s, at the height of the Great Depression. Out of hard times, the idea of health insurance was born — a system that would protect everyday people from financial misfortune if they had an accident or illness. Two companies from those early days of health insurance, Group Health Incorporated (GHI) and Health Insurance Plan of Greater New York (HIP), would later merge and become EmblemHealth. And after 80 years, our purpose as a not-for-profit is still the same — to provide quality, affordable health insurance for New Yorkers and their families.
The EmblemHealth family of companies provides insurance plans, primary and specialty care, and wellness solutions. The family of companies covers the whole health journey, starting with affordable coverage through EmblemHealth, and ConnectiCare, a leading health plan in Connecticut. The family of companies also includes medicinal practices AdvantageCare Physicians and BronxDocs, occupational health clinic EmblemHealth Health@Work, EmblemHealth Family Dental, and WellSpark Health, a barrier-breaking digital wellness company.
As a family of companies with deep community roots, EmblemHealth Neighborhood Care and ConnectiCare Centers offer free wellness and community resources. Together, the family of companies creates healthier futures for customers and communities.
We think of ourselves as an 80-year-old start-up — big enough to offer the stability and benefits of a major corporation, with a ferocious commitment to innovation, collaboration, and flexibility. We believe in what we’re doing. And we’re looking for passionate people to join us.
