Staff Accountant

It's an exciting time to join the WellSense Health Plan, a growing regional health insurance company with a 25-year history of providing health insurance that works for our members, no matter their circumstances.

Job Summary:

The Staff Accountant will perform advanced accounting in the management of the Plan's accounting and financial systems including, but not limited to, preparing financial and statistical reports and statements. This position will assure regulatory, contractual, or audit compliance commitments are achieved for all lines of business.

The Staff Accountant is a key member of the accounting team and works closely with all members of the team in meeting close deadlines, preparing account reconciliations, and supporting internal and external audits. Positive and team-oriented work ethic is critical to this role.

Our Investment in You:

* Full-time remote work

* Competitive salaries

* Excellent benefits

Monthly Accounting tasks

* Prepares monthly journal entries, analyzes and reconciles assigned general ledger accounts. Entries may relate to expense accruals and revenue recognition for various lines of business

* Handles weekly medical claims check runs

* Prepares weekly analyses of payments to major providers / facilities and reconciles to relevant claims system operating reports

* Processes and records claim refunds and returned checks in a supporting role

* Coordinates with Claims Department on processed claims in errors

* Manages daily/weekly bank transactions in cash module

* Handles reporting and reconciliation of CIP, Fixed Assets, and Accumulated Depreciation

* Assists in the preparation of GAAP and Statutory audit deliverables

* Provides support and back up for responsibilities assigned to other individuals within the department

* Other ad hoc accounting duties to support the accounting team and newly assigned tasks as deemed necessary

* Handles prepaid expense identification and tracking in the accounting system

Supervision Received:

* Direct Supervision received daily

Qualifications:

Education:

* Bachelor's degree in accounting required

* General ledger and month-end close related accounting experience

* Proficient in fundamental accounting rules

* Insurance / healthcare experience preferred

Experience:

• One to three or more year's accounting experience
• Reconciling complex general ledger accounts
• Identifying and implementing process improvements

Required Licensure, Certification of Conditions of Employment:

* Successful completion of pre-employment background check

Competencies, Skills, and Attributes:

* Knowledge of accounting and auditing principles and practices under GAAP. Knowledge of statutory accounting is desirable

* Strong reconciliation, problem solving, issue identification and resolutions skills required

* Proficiency in Excel and Microsoft Office Systems

* Ability and willingness to learn general ledger system and it's components

* Detail oriented, focus on accuracy

* Ability to prioritize and meet deadlines; or know when it is necessary to confirm priorities with Manager or Assistant Controller

* Excellent verbal and communication skills

* Ability to work both independently and as part of team

* Demonstrated ability to plan, organize and manage modest projects successfully

* Detail-oriented, good proof reading and editing skills

* Commitment to documenting desk procedures; and training other assignees as back-up

* Self-motivated, independent and pro-actively looks to take on new tasks

* Proficiency with reporting and analysis tools

Working Conditions and Physical Effort:

* Remote workforce with periodic in person meetings at corporate office

* Ability to work overtime during peak periods.

* Regular and reliable attendance is an essential function of the position.

* Work is normally performed in a typical interior/office work environment.

* No, or limited, physical effort required. Limited, exposure to physical risk.

Compensation Range

$53,500 - $77,500

This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, WellSense offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family wellbeing.

Note: This range is based on Boston-area data and is subject to modification based on geographic location.

About WellSense

WellSense Health Plan is a nonprofit health insurance company serving more than 740,000 members across Massachusetts and New Hampshire through Medicare, Individual and Family, and Medicaid plans. Founded in 1997, WellSense provides high-quality health plans and services that work for our members, no matter their circumstances. WellSense is committed to the diversity and inclusion of staff and their members.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. WellSense participates in the E-Verify program to electronically verify the employment eligibility of newly hired employees