Senior Investment Accounting Analyst

HMSA
United States, Hawaii, Honolulu
818 Ke’eaumoku Street (Show on map)
Oct 19, 2024
Responsible for leading the recording and reporting of all investment transactions for the Association in accordance with GAAP, State of Hawaii Insurance Division, and NAIC guidance: Obtains information from the Association's banks and trust company to record all investment transactions on a monthly basis to the general ledger (GL). Information is provided to an analyst to record into an automated investment subsidiary ledger. Reconciliation of the balances between the banks, subsidiary ledgers, and general ledgers are performed on a monthly basis. Follow-up with other analysts and banks are performed to resolve any discrepancies. Specific data is summarized and reports prepared to assist in the preparation of the Association's monthly financial statements. Prepare investment information and adjustments on a quarterly basis in order to report investment transactions on a Statutory Basis (SAP) as required by the State of Hawaii and NAIC. Transactions are reconciled between GAAP and SAP and provided to Sr. Reporting Analysts in order to file quarterly regulatory reports. Summarizes revenue/billing information from the Underwriting (UND) Department for Self-Funded (AFM) employer groups and the revenue recorded in the GL each month. This revenue and related accounts receivable balances by group must be reconciled to subsidiary ledgers maintained by the UND department. Any discrepancy is followed-up with the UND department. Aging reports on unpaid balances are also prepared and delinquent amounts are reported to the UND, Sales, and Executive departments. Coordinate external auditor's requests on a semi-annual basis for various supporting worksheets and schedules. Requests from the auditors will be forwarded to the appropriate Finance staff and/or other internal departments. Dues dates will be communicated with the appropriate preparer and follow-up will be performed for outstanding requests. Tracking of these requests and completion dates will also be documented. Prepare quarterly and annual financial reports for the national BCBSA. Respond to request for financial information from BCBSA. Assist with online submission of reports from other areas to the BCBSA. Perform other reporting and reconciliation on various general ledger accounts. These will include cash accounts, prepaid assets, and revenues accounts. Communication with the appropriate departments will be made to resolve any discrepancies or unusual transactions. Performs other duties as assigned. #LI-Hybrid