Accounting Analyst II

Posted 4 Days Ago
Be an Early Applicant
Newark, NJ
55K-74K Annually
Junior
Healthtech • Insurance
The Role
The Accounting Analyst II is responsible for performing financial analysis, monitoring accounts receivable data, ensuring compliance with billing specifications, and preparing reconciliations. This role involves collaboration with internal and external auditors and requires problem-solving and analytical skills.
Summary Generated by Built In

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health.  For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience.  Our members are our neighbors, our friends, and our families.  It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds. 

This position is accountable for performing basic to intermediate analysis, monitoring and reporting of Financial, Billing & Accounts Receivable data.

Responsibilities:

  • Performs analysis, maintenance and issue resolution of Advance Deposits.

  • Performs an invoice review of complex billings to ensure that billings adhere to contractual specifications.

  • Assist internal and external auditors with annual financial, operational, and procedural audits. Accountable for providing appropriate data in order to assess the accuracy of data reported in financial statements.

  • Provide analytical support and validate payments received. Investigate and resolve payment allocation issues.

  • Create and maintain aging reports and identify action plans.

  • Prepare claim reconciliations for 90 day balances.

  • Interfaces with other divisions including Finance, Underwriting, Actuarial, Treasury, and MBU.

  • Performs other assignments as required by Management.

Education/Experience:

  • High School Diploma/GED required.

  • Bachelor’s degree in Accounting preferred

  • Requires a minimum of two to years of General Accounting and/or Billing/Accounts Receivable experience or related business experience to be determined at interview.


Knowledge:

  • Requires knowledge of (GAAP) General Accepted Accounting Principles.

  • Requires intermediate knowledge of personal computers and supporting windows based environment including MS Access, Excel, and Word.


Skills and Abilities:

  • Requires analytical and problem solving skills.

  • Requires strong oral and written communication skills.

  • Requires the ability to adapt to change and meet deliverables in a fast paced, dynamic environment.

  • Requires the ability to research and resolve problems through interaction with company wide personnel.

  • Requires the ability to organize and prioritize work assignments.

  • Requires effective verbal and written communication skills and demonstrate the ability to work well within team.

  • Requires the ability to utilize logic in problem solving.

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Salary Range:

$55,400 - $74,130

​This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity.  This range has been created in good faith based on information known to Horizon at the time of posting.  Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)

  • Retirement Plans

  • Generous PTO

  • Incentive Plans

  • Wellness Programs

  • Paid Volunteer Time Off

  • Tuition Reimbursement

Disclaimer:
This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.  Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

The Company
HQ: Newalk, NJ
4,974 Employees
On-site Workplace
Year Founded: 1932

What We Do

Horizon Blue Cross Blue Shield of New Jersey- the state’s largest and oldest health insurer - is a subsidiary of Horizon Mutual Holdings, Inc., a not-for-profit mutual holding company.

Together with its affiliates, Horizon provides a wide array of medical, dental, vision and prescription insurance products and services. As New Jersey’ health solutions leader, Horizon is transforming healthcare by working with doctors and hospitals to deliver innovative, patient-centered programs that improve quality and lower costs. It is headquartered in Newark, NJ with offices in Wall and Hopewell, NJ.

Horizon serves 3.7 million members including more than 1 million who rely on Medicaid for their health coverage.

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