NewYorkRecruiter Since 2001
the smart solution for New York jobs

Sr. Accountant, Statutory Reporting

Company: AdvantageCare Physicians
Location: New York
Posted on: May 17, 2022

Job Description:

Summary of Position* Prepare accurate and timely financial statements in compliance with statutory accounting principles which are filed with the National Association of Insurance Commissioners (NAIC), New York Department of Financial Services (DFS), Department of Health (DOH), and Center for Medicare and Medicaid Services (CMS).Principal Accountabilities* Create statutory journal entries in accordance with Statutory Accounting Principles (SAP), execute Oracle queries, and produce various Oracle SmartView reports.* Analyze financial data and reconcile General Accepted Accounting Principles (GAAP) to Statutory adjustments.* Monitor non-admitted assets by account.* Produce monthly, quarterly and annual statutory financial statements and NY supplements for filing with regulatory authorities, including the annual Supplemental Health Care Exhibit (SHCE) and Medical Loss Ratio (MLR), Risk Based Capital (RBC).* Prepare the audited financial statements including footnote disclosures.* Develop analyses and journal entries for investments in affiliates.* Prepare statutory capital and surplus estimate for senior management on a monthly basis.* Respond to DFS inquiries pertaining to STAT filings, assist with financial statement projections, Risk Based Capital (RBC) forecasts, etc.* Prepare underwriting and Investment exhibits and analyze Balance sheet fluctuations for EmblemHealth Insurance Company.* Prepare Statement of Standard Accounting Practice (SSAP 97) entries for EmblemHealth Services Company.* Identify and assist in the implementation of process improvements (e.g. automation) in order to shorten the monthly close process.* Update quarterly close calendar and send out data requests; monitor receipt of deliverables.* Identify new reporting changes/updates for quarterly/annual health statement and NY supplements.* Work with Manager/Lead to implement necessary changes through collaboration with business process owners.* Assist with administrative tasks in filing with various regulatory agencies.* Respond to State examiners and external auditors while conducting the exam(s)/audits.* Collaborate with leadership on special projects.* Keep abreast of GAAP and Statutory accounting pronouncements.Education, Training, Licenses, Certifications* Bachelor 's degree in Accounting required* CPA preferredRelevant Work Experience, Knowledge, Skills, and Abilities* 4 - 6 years of experience in finance and accounting environment.* Good knowledge of MS Office Products.* Experience with Oracle platform.* Self-starter, detail-oriented and proactive with focus on accuracy, in an environment with changing priorities and time constraints.* Possess and apply broad knowledge of accounting principles and procedures with minimal direct supervision.* Demonstrated knowledge of GAAP accounting.* Experience with Statutory accounting.Additional Information* Requisition ID:

Keywords: AdvantageCare Physicians, New York , Sr. Accountant, Statutory Reporting, Accounting, Auditing , New York, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

New York RSS job feeds