Sr. Accounting Analyst

What We Need:

This Sr. Accounting Analyst position is a key contributor to the financial statement close process and is involved in the daily operations of the Corporate Accounting area within the Controllers Division. This position uses a variety of computer software packages and other system reports to assist in posting journal entries to the general ledger, to reconcile various general ledger accounts, and to report, analyze, and reconcile financial data related to premium and claims for various BCBSMA products and the Federal Employee Program (FEP). The position requires someone with good analytical skills who enjoys the research and reconciliations process, pays attention to detail, and has the ability to work independently while meeting deadlines. In addition to operations functions, this position is responsible for helping document new processes and update existing documentation for changes in current processes.

Key Responsibilities:

• Prepare journal entries and reconcile various general ledger accounts, and the Rate Stabilization Reserve, related to FEP Traditional and US Postal Service programs.
• Keep up on Accounting regulations from the BCBSA FEP Directors Office and the Office of Personnel Management (OPM).
• Reconcile FEP NASCO Local claims to the FEP NASCO Bank accounts.
• Identify, research, and correct variances in various system and general ledger reconciliations.
• Prepare special reporting for the FEP Directors Office related to Payable balances, Working Capital, Investments, Refund Aging, and the Rate Stabilization Reserve (RSR) throughout the year.
• Participate in multiple audits related to FEP IPA, FEP CPR, and FEP OIG. In addition to regular audits and internal audits.
• Prepare analysis related to Monthly administrative expenses, yearly budget submissions to BCBSA, quarterly and annual cost submissions, Fiscal Year cost submissions, and FEP Plan Incentive Program Finance Reporting.

Key Requirements:

• Bachelor's degree in Accounting
• Strong PC Skills including strong working knowledge of Excel, Access, and Word.
• Good verbal and written communications skills.
• Strong research and analytical skills.
• Must be able to communicate effectively with other departments to resolve discrepancies and issues related to financial data.

#LI-Hybrid

High school degree or equivalent required unless otherwise noted above

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that theconfidence gapandimposter syndromecan prevent amazing candidates coming our way, so please don't hesitate to apply. We'd love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting ourCompany Culturepage. If this sounds like something you'd like to be a part of, we'd love to hear from you. You can also join ourTalent Communityto stay "in the know" on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.