Financial Accountant

Moda Health•Portland, OR

3d•Hybrid

About The Position

As a Financial Accountant in Moda’s Accounting department, you will be responsible for the preparation of the accounting and reporting of the Company’s dental plan (Oregon Dental Service). You will report to the Statutory Financial Accounting Supervisor and work collaboratively with the GL team of approximately 18 to ensure the complete and accurate accounting and reporting of the Company’s financial data for Oregon Dental Service. Additionally, you will regularly interact with a broader group both in and out of the Accounting department, as well as interface with various financial stakeholders external to the Company.

Requirements

Bachelor degree in Accounting or Finance; Accounting preferred.
3+ years public accounting or GL accounting experience; CPA preferred but not required.
Strong understanding of accounting concepts and Generally Accepted Accounting Principles (GAAP).
Understanding of Statutory Accounting Principles (SAP) preferred.
Strong analytical and problem solving skills, including understanding of T-Accounts, and ability to work through difficult accounting scenarios.
Experience with various forms of financial reporting, including preparation of financials, footnotes and electronic tie outs.
Strong verbal, written and interpersonal communication skills.
Ability to work well under pressure to meet strict deadlines, as well as ability to maintain flexibility to shift priorities and reprioritize.
Strong time-management and organization skills; ability to move multiple work streams forward at once and actively prioritize projects.
Proficiency with Microsoft applications (Word, Excel, PowerPoint).
Use of pivot tables, vlookups, and other moderately difficult Excel functions required.
Ability to maintain confidentiality and project a professional business image with both internal and external parties.
Willingness to work additional hours when necessary.

Nice To Haves

CPA preferred but not required.
Understanding of Statutory Accounting Principles (SAP) preferred.

Responsibilities

Ensure the integrity of the GAAP general ledger by performing the monthly financial close for the Company’s dental plan (Oregon Dental Service). This will include detailed journal entry preparation and analysis of financial results (through the completion of a monthly financial package).
Ensure that 100% of account reconciliations are completed monthly for ODS.
Further, must have ability to create/propose appropriate reconciliations for new accounts or processes as needed (i.e. assess appropriateness of ending account balance and develop reconciliation approach).
Prepare payment requests for this entity that are owned by the Accounting department; maintain calendar schedule of recurring payment due dates.
Work to build understanding of business operations for assigned entity in order to anticipate financial statement trends.
Ability to elevate anticipated financial issues or ideas to management as appropriate.
Demonstrate high levels of independent ownership, in addition to working collaboratively with the department, in order to maintain adherence to close calendar, both for monthly close as well as quarterly and annual close.
Work with other departments as necessary to ensure financial statements are complete and accurate; work to understand and/or test the completeness and accuracy of key sources of data (key reports, key spreadsheets, etc.).
On a quarterly basis, work with team members on the preparation of Statutory basis financial statements to be filed with the Oregon Division of Financial Regulation and the National Association of Insurance Commissioners. These time periods involve extra workload and flexibility to meet deadlines is required.
Independently prepare various schedules, including standalone entity financial statements, in support of the annual external audit, when assigned.
Stay informed of current accounting issues, including both GAAP and SAP.
Demonstrate continuous effort to exhibit ownership over key responsibilities, improve operations, and streamline work processes to create efficiencies.
Perform other duties or projects as assigned.