Job Description:
Summary:
Under the general guidance of the assigned management and in accordance with established systems and applicable accounting principles, the incumbent prepares and maintains a complete set of records to support financial transactions of the assigned area and/or Company. The incumbent will perform the accounting functions and activities in accordance with the specific requirements of the accounting area assigned, prepare and analyze various tax filings, and/or prepare internal and external financial reports.
Essential Accountabilities:
Level I
• Under direct supervision, gathers and analyzes financial data from a variety of sources to prepare journal entries, account reconciliations and financial schedules in a manner consistent with ensuring internal and external audit compliance (i.e., appropriate documentation and support), in accordance with the applicable policy.
• Provides periodic analysis and interpretation of financial statements at both an individual account level and at the financial statement line and Company level, including the development of processes to accumulate and analyze data spread over multiple systems/locations, for management review.
• Prepares financial statements and regulatory filings under Statutory Accounting Principles (SAP), Generally Accepted Accounting Principles (GAAP) and other applicable regulations.
• Researches technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
• Maintains and enhances the control environment, consistent with NAIC Model Audit Rule, by applying the internal corporate policies and procedures and external regulations.
• Interacts with other areas (Finance Line of Business team, IT, Actuary, Treasury, A/P, Payroll, etc.) in the preparation of monthly internal financial reports, quarterly and annual respective State Insurance Department reports and other regulatory agency reports.
• Keeps abreast of accounting/professional developments by attendance at seminars/workshops and professional society meetings, review of publications and as necessary, independent study.
• Provides support to projects/initiatives within Finance or the wider Enterprise.
• Back-up, train and offer guidance to other accountants in the department, as applicable.
• Establishes and maintains constructive relationships when dealing with internal and external professionals, institutions, and agencies.
• Consistently demonstrates high standards of integrity by supporting the Lifetime Healthcare Companies’ mission and values, adhering to the Corporate Code of Conduct, and leading according to the Lifetime Way values and beliefs.
• Maintains high regard for member privacy in accordance with the corporate privacy policies and procedures.
• Regular and reliable attendance is expected and required.
• Performs other functions as assigned by management.
Level II (in addition to Level I Accountabilities)
• Under general supervision, works on more complex technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
• Provides enhanced support to projects/initiatives within Finance or the wider Enterprise.
• Possesses a broader knowledge of subject matter.
Level III (in addition to Level II Accountabilities)
• Works under minimal supervision, handles complex technical accounting and financial reporting issues, documenting the analysis of issues, including accounting positions considered and conclusions reached.
• Leads projects/initiatives representing Accounting and Financial Reporting division.
• Possesses comprehensive knowledge of subject matter.
• Acts in a consultative capacity to management at all levels of assigned organization unit to provide professional technical expertise in the determination of suitable approaches to financial concerns.
Minimum Qualifications:
NOTE: We include multiple levels of classification differentiated by demonstrated knowledge, skills, and the ability to manage increasingly independent and/or complex assignments, broader responsibility, additional decision making, and in some cases, becoming a resource to others. In addition to using this differentiated approach to place new hires, it also provides guideposts for employee development and promotional opportunities.
All Levels
• In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of seven (7) years). Bachelor’s degree in accounting with a minimum of one (1) year of relevant experience is required. Candidates who have passed the CPA exam with less than one (1) year of relevant experience will be considered. Other business degrees with an accounting concentration may count toward the experience requirement.
• Demonstrated understanding of financial statements and GAAP. An understanding of Statutory Accounting Principles would be beneficial.
• Ability to interpret and effectively implement/apply changes in accounting guidance.
• Demonstrated attention to detail required.
• Demonstrated team working skills required.
• Demonstrated analytical skills required.
• Demonstrated ability to communicate and interact with all levels of the organization.
• Takes initiative and promotes a continuous improvement mindset and culture.
• Ability to simultaneously handle multiple priorities.
• Ability to work independently.
• Working knowledge of Microsoft Office Suite (Excel, Word, and Access).
Level II (in addition to Level I Qualifications)
• In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of nine (9) years). Bachelor’s degree in accounting with a minimum of three (3) years of relevant experience is required. If a candidate has a CPA license or an MBA, a minimum of two (2) years of experience is required. Other business degrees with an accounting concentration may count toward the experience requirement.
• Strong ability to communicate and interact with all levels of the organization.
• Ability to work under general supervision, able to handle more complex priorities.
• Possess solid working knowledge of Microsoft Office Suite (Excel, Word, and Access).
Level III (in addition to Level II Qualifications)
• In lieu of a bachelor’s degree in accounting, a combination of relevant education and/or experience will be considered (a minimum of eleven (11) years). Bachelor’s degree in accounting with a minimum of five (5) years of relevant experience is required. If a candidate has a CPA license or an MBA, a minimum of four (4) years of experience is required. Other business degrees with an accounting concentration may count toward the experience requirement.
• Strong understanding of financial statements and GAAP. An expert understanding of Statutory Accounting Principles.
• Ability to work independently and handle the most complex priorities.
• Strong attention to detail required.
• Strong team working skills required.
• Strong analytical skills required.
Physical Requirements:
• Ability to work prolonged periods sitting and/or standing at a workstation and working on a computer.
• Ability to travel across the Health Plan service region for meetings and/or trainings as needed.
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One Mission. One Vision. One I.D.E.A. One you.
Together we can create a better I.D.E.A. for our communities.
At the Lifetime Healthcare Companies, we’re on a mission to make our communities healthier, and we can’t do it without you. We know diversity helps fuel our mission and that’s why we approach our work from an I.D.E.A. mindset (Inclusion, Diversity, Equity, and Access). By activating our employees' experiences, skills, and perspectives, we take action toward greater health equity.
We aspire to reflect the communities we live in and serve, and strongly encourage people of color, LGBTQ+ people, people with disabilities, veterans, and other underrepresented groups to apply.
OUR COMPANY CULTURE:
Employees are united by our Lifetime Way Values & Behaviors that include compassion, pride, excellence, innovation and having fun! We aim to be an employer of choice by valuing workforce diversity, innovative thinking, employee development, and by offering competitive compensation and benefits.
In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications deemed essential to the position.
Equal Opportunity Employer
Compensation Range(s):
Level I: Grade 205: Minimum $56,347 – Maximum $81,702
Level II: Grade 206: Minimum $56,534 – Maximum $93,267
Level III: Grade 207: Minimum $60,070– Maximum $111,114
The salary range indicated in this posting represents the minimum and maximum of the salary range for this position. Actual salary will vary depending on factors including, but not limited to, budget available, prior experience, knowledge, skill and education as they relate to the position’s minimum qualifications, in addition to internal equity. The posted salary range reflects just one component of our total rewards package. Other components of the total rewards package may include participation in group health and/or dental insurance, retirement plan, wellness program, paid time away from work, and paid holidays.
Please note: The opportunity for remote work may be possible for all jobs posted by the Univera Healthcare Talent Acquisition team. This decision is made on a case-by-case basis.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
What We Do
Welcome to our page!
Univera Healthcare is a nonprofit health plan that is part of a family of companies financing and delivering health services for about 1.5 million upstate New Yorkers. Based in Buffalo, N.Y., the health plan serves members across the eight counties that comprise Western New York.
