Job title: Staff-Level Accountant (Accountant III/IV)
Company: Cambia Health Solutions
Job description: Staff-Level Accountant (Accountant III/IV)
Primary Job Purpose
The Accountant III/IV responsibilities will include a variety of general, cash management/treasury or cost accounting activities and functions such as financial statement preparation, account, bank and report reconciliations and analysis, development of desktop procedures, and participation in the development, maintenance and analysis of Company budgets, forecasts, cost data and operating plans.
General Functions and Outcomes
Duties can include one or several of the following:
Prepares required monthly journal entries on a timely basis to record appropriate accruals and reclass transactions as appropriate.
Maintains and reconciles various balance sheet accounts on a timely basis and ensures their accuracy by preparing all necessary documentation for reconciling journal entries.
Accurately prepares components of basic corporate and subsidiary financial statements.
Accurately gathers, validates, and summarizes accounting or statistical data.
Maintains allocation tables within the cost accounting system using information such as labor distribution, organization structure, space, line of business distribution, workload, and any other statistical data as necessary. May be required to review and validate information with operating departments throughout the organization.
Prepares and analyzes administrative cost and budget reports, including the investigation of budget variances, at various levels such as department, division, line of business, and activity categories.
Responsible for miscellaneous invoicing research and identify transactions, coordinate reimbursement as necessary.
Prepare marketing incentive worksheets for monthly journal entry and payroll as requested.
In support of other staff, will cross-train on a variety of jobs to provide back-up capabilities.
Prepares major sections of monthly corporate and subsidiary financial statements (both GAAP and SAP) by ensuring accurate and timely data entry of financial information from various system and manual sources. Reviews, analyzes, investigates and reports on significant fluctuations between financial statements of different time periods.
Maintains and reconciles various balance sheet accounts (FEP, Medicare, ITS, Membership billing & reconciliation system, etc.) on a timely basis and ensures their accuracy by preparing all necessary documentation for reconciling journal entries, including recommendations for process improvement.
Coordinate with other Plans and departments as necessary.
Provides internal and external auditors with consolidated reconciliations, schedules and adjustments, including explanations and answering questions necessary to complete the annual audit. Investigates any unusual transactions or activities. Coordinates with other Company departments to resolve inaccuracies.
Performs analysis on cost trends and allocations; proposes and implements updates to allocation tables as appropriate.
Mentors new team members on Cambia policies, assists in onboarding as requested.
Prepares ad-hoc analyses as requested.
The review and analysis of cost allocations in compliance with CAS, development of policies and procedures in support of companys internal controls, account and report reconciliations, and development internal and external accounting reports, including audit schedules and support.
Provides support and coordination for the operation of complex financial systems to ensure accuracy, integrity and consistency. May provide ad-hoc assistance, training and guidance to departmental staff.
Prepares monthly corporate and subsidiary financial statements (both GAAP and SAP) by ensuring accurate and timely data entry of financial information from various system and manual sources. Reviews, analyzes, investigates and reports on significant fluctuations between financial statements of different time periods.
Researches and reports on current and proposed accounting and auditing standards, guides and other pronouncements.
Prepares and presents regular and ad-hoc analysis to Management on a variety of Company historic and proposed activities, including implications for current and future operations.
Supports department in re-forecasts and budgeting for assigned accounting functions.
Coordinates the administration and operation of complex financial systems; participates in the design, development and testing of financial system updates and enhancements, including updated internal controls as applicable.
Works closely with internal and external auditors to ensure the timely completion of audits, resolving questions or audit issues as they arise.
Reviews and analyzes administrative cost and budget reports, including variances to budgets and forecasts, while providing insights and implications for current and future operation
Provides support and assistance to Accountants I and II in their routine job functions.
Provides financial assistance and support on corporate projects and activities, including mergers, system conversions, and new product development.
Participates in the development, implementation and revision of financial policies, procedures, and practices that are a part of the Companys set of internal controls.
Support development of implementation plans as new accounting rules and regulations become effective.
Provides support, assistance and training to Accountants I and II and III in their preparation of monthly balance sheet account reconciliations, analyses, journal entries, financial reports, and collection of data, including coordination with other Company departments to resolve inaccuracies or discrepancies as necessary.
Minimum Requirements
Ability to think analytically and to make sound judgments from analysis.
Ability to plan and organize own work.
Ability to work flexible hours during periods of heavy workloads.
Thorough knowledge of PC and mainframe software and systems as currently used by the Company.
Ability to work effectively in a team environment with all levels of staff and management.
Ability to communicate effectively, verbally and in writing with stakeholders.
Based on area of expertise, demonstrated application of accounting knowledge in the following areas:
Financial Reporting and General Accounting: Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP) for Health Care Service Contractors and Health Maintenance Organizations as promulgated by the NAIC.
Cost Accounting: Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR); GAAP and SAP.
Government Accounting: FEHBAR, FAR, CAS, GAAP
Ability to problem solve questions related to assigned functions (including proposed answers).
Based on area of expertise, demonstrated application of in-depth accounting knowledge.
Leadership abilities in a project setting and cross-functional teams.
Demonstrated ability to plan and organize own work, projects and the work of others in the department, with minimal supervision.
Ability to research and prepare ad-hoc reports.
Ability to research and report accounting guidance (existing and new transactions/guidance).
Knowledge and understanding of financial analysis and contract administration, including such areas as budgets, forecasting, internal controls and treasury management.
Proficiency in drafting professional research papers on major company transactions based on applicable accounting guidance.
Ability to provide in-depth trend analysis on major operating accounts.
Leadership abilities such as managing projects, training staff, and leading cross-functional teams.
Demonstrated success to work independently on complex, ad hoc projects for the department.
Normally to be proficient in the competencies listed above
The Accountant IV will have a Bachelors degree in Accounting, Finance or Business with 4+ years of relevant experience or an equivalent combination of education and experience. CPA, CMA or MBA preferred.
Work Environment
- Work primarily performed in office environment.
- May be required to work overtime.
- May be required to work outside normal business hours.
The expected hiring range for a Accountant III is $60,000.00 – $82,000.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 5%. The current full salary range for this role is $56,500.00 to $92,500.00.
The expected hiring range for a Accountant IV is $73,000.00 – $99,000.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $68,500.00 to $112,000.00.
#LI-remote
Base pay is just part of the compensation package at Cambia that is supplemented with an exceptional 401(k) match, bonus opportunity and other benefits. In keeping with our Cause and vision, we offer comprehensive well-being programs and benefits, which we periodically update to stay current. Some highlights:
medical, dental, and vision coverage for employees and their eligible family members
annual employer contribution to a health savings account ($1,200 or $2,500 depending on medical coverage, prorated based on hire date)
paid time off varying by role and tenure in addition to 10 company holidays
up to a 6% company match on employee 401k contributions, with a potential discretionary contribution based on company performance (no vesting period)
up to 12 weeks of paid parental time off (eligible day one of employment if within first 12 months following birth or adoption)
one-time furniture and equipment allowance for employees working from home
up to $225 in Amazon gift cards for participating in various well-being activities. for a complete list see our page.
We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.
If you need accommodation for any part of the application process because of a medical condition or disability, please email . Information about how Cambia Health Solutions collects, uses, and discloses information is available in our . As a health care company, we are committed to the health of our communities and employees during the COVID-19 pandemic. Please review the policy on our site.
Expected salary:
Location: Portland, OR