Staff Accountant – Insurance

Staff Accountant – Insurance

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–4 years of relevant accounting experience in a healthcare and SaaS environment.
• Strong understanding of revenue recognition principles (ASC 606) and accrual accounting.
• Proficiency in Excel, including working with large data sets and pivot tables.
• Excellent organizational skills, attention to detail, and ability to manage multiple priorities.
• Strong written and verbal communication and collaboration skills with the ability to work cross-functionally.

Responsibilities

• Own the month-end close activities related to revenue and AR, including the preparation, booking, and posting of journal entries.
• Ensure timely and accurate reconciliations of revenue, AR, and related reserve accounts.
• Manage the daily and monthly data transfer from the RCM (Revenue Cycle Management) system to Oracle Cloud ERP, ensuring accurate mapping and classification.
• Perform monthly reconciliations between the RCM system and Oracle for revenue, cash, and AR balances.
• Calculate and book AR reserves and bad debt estimates using historical trends, collection data, and professional judgment.
• Own and execute bank reconciliations, including investigation and resolution of variances, particularly related to healthcare collections.
• Own the provider payment process, including reconciliation and preparation of related journal entries.
• Collaborate with cross-functional teams (e.g., RCM, Finance, and Operations) to ensure accuracy in financial data.
• Prepare monthly accruals for operating expenses and identify unrecorded liabilities.
• Follow up with vendors and suppliers to obtain missing or late invoices and ensure timely recognition of expenses.
• Assist with prepaid expense tracking and amortization schedules.
• Prepare monthly and quarterly balance sheet and income statement fluctuation analysis to support management reporting.
• Assist in preparing schedules for internal and external audit support as needed.
• Support financial reporting requirements and work closely with FP&A for accurate cost center and departmental reporting.
• Identify opportunities for process improvements and automation to enhance the efficiency of the revenue and expense accounting processes.
• Ensure compliance with GAAP, internal controls, and company policies.

Preferred Qualifications

• Experience with Oracle Cloud ERP or similar financial systems strongly preferred.