Client Accountant

Job Description

Position summary The client accountant is responsible for performing daily accounting , billing , reconciliation and analysis of financial transactions. Depending on the assignment this role will be responsible for premium billing and accounts receivable and / or completing certain month end close procedures as well as analyzing revenues and expenses to ensure accuracy. The client accountant will be responsible for executing transactions that feed financial statements , analyzing the results of the transactions , preparing support for journal entries , preparing monthly reconciliations and assisting with annual audits Prepare , review and send monthly premium invoices for clients Troubleshoot and / or solution to correct / address billing errors Ensure premium cash received is posted timely and accurately and suspense is clear Review retroactive census transactions for validity Match premium deposits to cash receipt reports and cash postings and bank deposits Troubleshoot and correct premium and AR problems , identifying variance and implementing corrective actions Work with the enrollment and configuration teams to make corrections to member and group records Monitor and correct account balances and prepare late and collection notices to members and employer groups as needed Prepare month end journal entries and / or provide support for such entries Perform regulatory reconciliation and monitor and track discrepancies to resolution Calculate monthly capitation expense Assist with external audit requests Prepare audit schedules for annual financial audit Prepare supporting documents related to financial transactions Reconcile general ledger accounts Prepare cash disbursement transactions Assist in the preparation of financial management reports Develop and / or adhere to internal control procedures Provide input in the preparation of accounting policies and procedures Gather 1099 information for annual filings Assist in the preparation of financial projections Execute EFT uploads and cash transfers Prepare miscellaneous check disbursements Adhere to internal control procedures Key competencies / skill / success factors: Strong understanding of US Generally Acceped Accounting Principles , accounting methods , and audit procedures , as well as a conceptual understanding of managed care. Understanding of Federal and State laws regarding financial transactions for Medicare / Medicaid and Exchange products is extremely helpful. Understanding of health insurance billing and eligibility processes strongly preferred Ability to find and suggest solutions with little or no guidance Highly proficient in MS Excel , MS Access , and MS Word Detail oriented and organized Ability to meet assigned deadlines Work under minimal supervision , with all levels of staff and management Integrity and discretion to maintain confidentiality of member s HIPAA data Strong analytical ability necessary to work , discover and outline systems related issues on your own as well as within a team. The ability to take the lead on projects and recommend and implement process to complete work. B.S. in Accounting or equivalent experience Experience in the healthcare industry is preferred but not required BS in Accounting with 2 - 5 years of professional experience The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position primarily works in a climate controlled based setting.The noise level and the work environment are moderately quiet. This role routinely uses standard office equipment such as computers , phones , photocopiers , filing cabinets and fax machines Include the physical demands of the job , including bending , sitting , lifting and driving. For example , while performing the duties of this job , the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger , handle or feel; and reach with hands and arms. ,

Keyskills :
statelaws generalledger externalaudit journalentries employergroups internalcontrol officeequipment dailyaccounting correctiveactions financialstatements ccountsreceivablefinancialmanagement