EGID Benefits Accounting Manager

State of Oklahoma•Oklahoma City, OK

2d•Onsite

About The Position

The Benefits Accounting Manager is responsible for overseeing and managing the reconciliation processes to ensure accuracy and compliance with financial regulations. This role involves coordinating with various departments to reconcile accounts, identifying discrepancies, and implementing solutions to improve efficiency and accuracy.

Requirements

The Benefits Accounting Manager requires strong knowledge of accounting principles, financial reconciliation processes, and regulatory compliance, paired with advanced Excel proficiency and the ability to analyze complex data sets with precision.
This role demands the skill to identify discrepancies, streamline processes, and implement efficiency improvements while effectively managing workload distribution and meeting strict deadlines.
Key abilities include leading and developing staff, coordinating across departments, maintaining confidentiality, and communicating complex financial information clearly to both internal and external stakeholders.
Success in this position is supported by the Korn Ferry competencies of Ensures Accountability (driving accurate, timely reconciliation outcomes), Manages Complexity (navigating multifaceted financial data and compliance requirements), and Plans and Aligns (organizing team workload and prioritizing initiatives to meet organizational goals).
To be considered for this position your application must include a resume/CV with complete work and education history.
A master’s degree and 2 years of professional experience OR A bachelor’s degree and three years of professional experience OR An equivalent combination of education and experience, substituting 1 year of professional level experience for each year of the required education.

Nice To Haves

Proficient in Microsoft Office (specifically Excel)
Managerial experience in a professional level position
Bachelor’s degree in accounting, business, finance or closely related field
2 years of experience in bookkeeping work, insurance eligibility determination; the maintenance, analysis and reconciliation of insurance or benefits accounts or closely related work

Responsibilities

Oversee the reconciliation of accounts to ensure all transactions are accurately recorded and discrepancies are promptly identified and resolved.
Identify inefficiencies in current reconciliation processes and implement improvements to enhance accuracy and efficiency.
Manage the distribution of incoming work for the unit to ensure work is distributed evenly and deadlines are being met.
Make account assignments for each representative, making changes to the assignments as needed to ensure workload is manageable.
Lead, mentor, and develop the reconciliation team to ensure high performance and adherence to best practices and company policies.
Ensure reconciliation processes comply with relevant financial regulations and standards and provide accurate and timely reports to management.
Coordinate with various internal departments and external stakeholders to ensure effective communication and resolution of reconciliation issues.
Lead recurring unit meetings and trainings.
Attend department/division/agency meetings and any mandatory trainings provided by the division or agency.
Manage the distribution of special projects to the unit, assist in the completion of special projects, serve on committees as requested, respond to internal and external inquiries within designated timeframes while maintaining confidentiality and compliance with EGID regulations and participate in implementation projects for the department, division and/or agency.
Other duties as assigned.

Benefits

Generous state-paid benefit allowance to offset insurance premiums.
A wide selection of insurance plans with no pre-existing condition exclusions.
Flexible Spending Accounts for health care and dependent care.
Retirement Savings Plan with employer contributions.
11 paid holidays annually.
15 days of vacation and 15 days of sick leave in the first year.
Longevity Bonus recognizing years of public service.
Public Service Loan Forgiveness eligibility and tuition reimbursement.
Wellness benefits, including an on-site gym and fitness center discounts.
Generous state-paid benefit allowance to offset insurance premiums.
A wide selection of top-tier health insurance plans.
Optional flexible spending accounts for health care or dependent care expenses.
Employee Assistance Program (EAP) offering confidential support.
Wellness benefits, including an on-site gym and fitness center discounts.
11 paid holidays annually.
15 vacation days and 15 sick days in your first year.
Retirement Savings Plan with substantial employer contributions.
Longevity Bonus to reward years of service.
Public Service Loan Forgiveness eligibility and reimbursement for educational expenses.
Professional development training opportunities, including CEU support.