Full-Time

Senior Financial Accountant

Confirmed live in the last 24 hours

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$53.5k - $118.1kAnnually

Senior

Chicago, IL, USA

Hybrid position requiring in-office presence.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s in Accounting or Finance and at least 3 years' accounting experience; OR 6 years of accounting experience.
  • Keen analytical skills and very detail-oriented.
  • Ability to work independently and multi-task.
  • Auditing accounts to ensure they are in balance, cash has been allocated and aging is current.
  • Clear, concise written and oral communication with good grammar and word choice.
  • Ability to read and interpret financial and membership reports.
  • Intermediate to Advanced MS Word and Excel knowledge.
  • Monthly preparation of account reconciliations and research of any variances that arise due to reconciling items.
  • Serve as point of contact for various projects that impact the Bank Reconciliation team and Ad hoc inquiries from Regulators where copies of checks are requested.
  • Degree in Accounting or Finance (preferred).
  • Intermediate MS Word, Advanced Excel and Access and writing/interpreting MS SQL queries (preferred).
  • CPA/MBA or working towards CPA/MBA is preferred but not required.
Responsibilities
  • Closing the monthly books and reviewing and/or performing analysis and preparing financial statements and reporting for HCSC or one or more highly complex, risky, and visible subsidiaries.
  • Overseeing accounting activities and project managing critical processes and important deliverables for the department.
  • Performing challenging or especially complex accounting that may require sophisticated processing, contractual, and/or accounting understanding or that impact multi-million-dollar accounts.
  • Analyze and research trends to determine applicable intervention activities.
  • Gather and analyze key divisional performance metrics and communicate these metrics from detail to summary level. Make presentations to all levels of management within the organization.
  • Handle complex business/financial models/business case cost estimation and benefit determination and forecasting. Build new complex models. Differentiate savings between models effecting the same operation.
  • Review analysis of financial reports prepared by team, i.e. variance analysis, staffing analysis, corporate reporting of Budget. Actual, metric reporting. Present and advise all levels of management within Internal Operations and the Corporate Portfolio on budget to forecast as well as review budget for accuracy.
  • Review existing models for accuracy and build new complex models in regards to cost structure and funding processes. Analyze cost saving opportunities by reporting and measuring against metrics to assess the financial success of the program.
  • Create quarterly IT capital forecasts for the enterprise. Create quarterly forecasts for IT core budgets.
  • Perform and review the monthly company-wide reconciliation of the purchasing data to the asset database.
  • Perform and review the annual inventory and reconciliation process.
  • Maintain up to date knowledge of IT receiving, shipping, Hardware/Software asset tracking contracts, workflows and practices. Ensure asset transfers are performed and asset records maintained.
  • Perform special studies, develop reports and recommendations and participate in the analysis of corporate projects and programs.
  • Coach and mentor team members in business knowledge and skill development.
  • Collaborate and assist staff in their development which enables them to successfully complete assignments.

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC's plans work by collecting premiums from members, which then fund the healthcare services covered under these plans. What sets HCSC apart from other health insurance providers is its strong focus on health and wellness programs aimed at reducing overall healthcare costs and improving the health outcomes of its members. The goal of HCSC is to be a reliable partner in health, promoting quality care and supporting individuals in leading healthier lives.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

1936

Simplify Jobs

Simplify's Take

What believers are saying

  • HCSC's acquisition of Cigna's Medicare businesses expands its reach in the growing Medicare market.
  • The new Houston office will create job opportunities and drive economic growth in Texas.
  • Rising telehealth adoption presents opportunities for HCSC to expand its telehealth services.

What critics are saying

  • Increased competition in the Medicare market could impact HCSC's market share.
  • Integrating Cigna's Medicare businesses may lead to operational inefficiencies.

What makes HCSC unique

  • HCSC offers comprehensive health insurance plans tailored to diverse client needs.
  • The company invests in health and wellness programs to improve member outcomes.
  • HCSC has nearly a century of experience in the health insurance industry.

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