GEHA (Government Employees Health Association, Inc., pronounced G.E.H.A.) is a nonprofit member association that provides medical and dental benefits to more than two million federal employees and retirees, military retirees and their families. We celebrate diversity and are committed to creating an inclusive environment for all employees. GEHA has one mission: To empower federal workers to be healthy and well. Offering one of the largest medical and dental benefit provider networks available to federal employees in the United States, GEHA empowers health and wellness by meeting its members where they are, when they need care. We serve our members with products they value and a personalized customer experience, sustained by a nimble and efficient organization.
*Maintains financial records and ensures that financial transactions are properly recorded. Research and analyze financial information. Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Prepares complex balance sheets, profit and loss statements and other financial reports to guide management and senior leadership to provide guidance on strategy and business outcomes. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
*A specialist on complex technical and business accounting matters. Work is highly independent. May assume a team lead role for the work group.
SKILLS
JOB DUTIES
- Consolidate and analyze financial data taking into account company's goals and financial standing.
- Partner with management to understand financial reporting needs and desired outcomes.
- Maintains current knowledge of state tax laws and communicates applicable regulations to Sr. Statutory Accountant and Controller.
- Monitor OPM website to review Carrier letters pertaining to financial reporting matters.
- Prepares monthly and quarterly investment yield analysis, corporate portfolio statements and other related reports for CFO and BOD Audit and Finance Committee.
- Prepares OPM Annual Accounting Statement (AAS) in accordance with the Annual Reporting Instructions.
- Calculates 'months in reserve' financial stability indicator.
- Maintains tax records and prepares tax returns and related schedules and reports for GEHA, Inc., federal and state tax returns.
- Maintains current knowledge of tax laws and communicates applicable regulations to Controller.
- Administers GEHA's annual corporate insurance policy renegotiations.
- Responsible for corporate investment accounting. Prepares annual investment schedules for external auditors.
- Ensures timely submission of reviewed quarterly and annual statutory financial statements to state insurance departments.
- Serves as liaison between outside Companys Accounting Department and GEHA's Accounting Department for accounting and financial reporting. Reviews and submits quarterly invoices.
- Reviews monthly GAAP trial balance for ceded business activity and prepares related journal entries. Reconciles and monitors balances of reinsurance accounts monthly and determines appropriate settlement of balances due.
- Maintains necessary documentation to support premium tax payments and allowable tax credits.
- Assists VP - Controller and Director - Accounting & External Reporting with various accounting and financial investigation research projects.
- Monitors compliance with statutory accounting principles and accounting principles generally accepted in the United States as well as company policies and procedures.
- Prepares GAAP to STAT reconciliations quarterly and annually including explanations for differences and provides to VP- Controller for review.
- May review the work of other Accountant. Plans for the training and development of other Accountants.
- Assists in requests from internal and external auditors in the completion of the annual financial audit and in any state Department of Insurance examinations or inquiries.
- Prepares the quarterly and annual financial statements including all supporting schedules.
- Assists in requests from internal and external auditors in the completion of the annual financial audit and in any state Department of Insurance examinations or inquiries.
- Assists VP - Controller with various statutory accounting and financial statement projections. Perform analyses of statements including analysis of risk-based capital requirements.
- Assists VP- Controller in the annual budget process.
- Establishes and maintains relationships with state Departments of Insurance and National Association of Insurance Commissioners (NAIC). Stays abreast of state reporting requirements.
REQUIREMENTS
- Requires a bachelor's degree in Accounting, Finance or Business.
- Requires 5+ years of related experience or 3+ years of public accounting experience.
- Requires ability to effectively communicate with and influence colleagues at all levels within the organization.
- Requires organization skills and must have the ability to manage multiple tasks/projects
- Requires advanced knowledge of Microsoft Excel and Microsoft Word.
- Requires knowledge of software products that support specialized Accounting function
PREFERRED SKILLS
- Preferred Workday experience
- Preferred CPA certification
#LI-Remote Work-at-home requirements
- Must have the ability to provide a non-cellular High Speed Internet Service such as Fiber, DSL, or cable Modems for a home office.
- A minimum standard speed for optimal performance of 30x5 (30mpbs download x 5mpbs upload) is required.
- Latency (ping) response time lower than 80 ms
- Hotspots, satellite and wireless internet service is NOT allowed for this role.
- A dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information
How we value you
- Competitive pay/salary ranges
- Incentive plan
- Health/Vision/Dental benefits effective day one
- 401(k) retirement plan: company match - dollar for dollar up to 4% employee contribution (pretax or Roth options) plus a 6% annual company contribution
- Robust employee well-being program
- Paid Time Off
- Personal Community Enrichment Time
- Company-provided Basic Life and AD&D
- Company-provided Short-Term & Long-Term Disability
- Tuition Assistance Program
Please note that the salary information is a general guideline only. GEHA considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as, market and business considerations when extending an offer.
The annual base salary range for this position is $79,431 - $111,969 USD.
GEHA is an Equal Opportunity Employer, which means we will not discriminate against any individual based on sex, race, color, national origin, disability, religion, age, military status, genetic information, veteran status, pregnancy, marital status, gender identity, and sexual orientation, as well as all other characteristics and qualities protected by federal, state, or local law. GEHA will not discriminate against employees or applicants because they have inquired about, discussed, or disclosed their compensation or the compensation of another employee or applicant. We are committed to creating an inclusive environment for all employees. Our diversity drives innovation deepens connections and strengthens our organization. GEHA is headquartered in Lee's Summit, Missouri, in the Kansas City area. We recognize the importance of balance and flexibility and offer hybrid and work-from-home options for many of our roles.
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