Escheatment Accountant

Escheatment Accountant

Remote role. Work a remote work schedule while residing in Oregon, Washington, Idaho or Utah.

Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system.  

Who We Are Looking For: 

 Every day, Cambia’s dedicated team of Escheatment Accountant is living our mission to make health care easier and lives better. As a member of the Payables  team, our Escheatment Accountant maintains control over the disbursements of Company payments ensuring the safeguarding of Corporate funds – all in service of creating a person-focused health care experience.  

Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit. 

What You Bring to Cambia: 

Qualifications:

Escheatment Accountant would have a high school degree and 2 years of general accounting, accounts payable or disbursement accountant experience and completion of introductory college level accounting classes, or combination of education and experience.

Skills and Attributes:

• Experience using a variety of personal computer software applications to perform accounting functions. Experience should include Intermediate to Advanced Excel, Word, email and calendaring software, as well as payables ERP systems such as PeopleSoft, Oracle, Workday, et al.

• Knowledge of mathematics to make simple calculations; general office practices and procedures; and operating expense and cost allocation coding

• Process detailed data in an accurate manner

• Operate 10-Key by touch

• Apply mathematical principles

• Exercise sound judgment and discretion in confidential matters

• Identify and prioritize workload to meet deadlines with minimal supervision and demonstrated multi-tasking capability

• Communicate effectively, both orally and in writing, with all levels both internally and externally

• Provide excellent customer service both internally and externally

• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired

What You Will Do at Cambia:  

•  Researches state rules and regulations related to abandoned property due process, research requirements, documentation, filings, etc. Recommends process changes to management as needed to meet state-specific requirements.

• Analyzes outstanding check data for accuracy, makes appropriate corrections to ensure we reissue or escheat the accurate payments and ultimately protect corporate funds.

• Executes/Manages the issuance of due diligence letters, takes inquiries to same, and reissues checks as necessary, as required by each specific state regulation. Maintains detailed reports of claims payments per prescribed methodology to ensure correct financial information is available for use in submitting reports to governing bodies.

• Sends monthly stale dated letters to payees. Monitor and take calls from same and reissue checks as appropriate.

• Maintains check control logs and claims balancing information in accordance with departmental processes and protocols.

• Researches outstanding issues, places stop payment orders, and generates replacement payments as necessary.

• Applies payable best practices and generally acceptable practices and protocols to all payment requests reviewing submitted documentation for completeness, accuracy, and appropriate approvals.

• Prepares state filings inclusive of all required documentation and voucher check requests to meet state-specific filing and payment requirements and deadlines, including escheatment trending for management review prior to filing (includes three years of filings)

• Utilizes workflow or other technologies as appropriate to research outstanding issues and void, or void and reissue payments as appropriate. Update applicable systems to ensure other areas within the organization can effectively research and resolve outstanding questions from customers, members, business partners, etc.

• Utilizes imaging and data depository systems to respond to research inquiries and requests.

• Creates and maintains a record of voided checks and check tracers for informational retrieval and audit purposes.

• Adhere to MAR and SOC1 controls. In addition, complete quality assurance reviews in support of departmental controls

• Perform all reviews and audits as directed by department policy and procedures reporting findings as prescribed.

• Meets or exceeds all stated performance production metrics, both in quantity and quality of output.

Work Environment

• Duties performed in an office environment
• No unusual physical requirements.

Oregon, Washington, Utah, and Idaho: The expected hiring range is $20.49 to 30.82 per hour, the full hourly range is $19.40 to $34.90 per hour, and the bonus target is 5%.

About Cambia

Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care.  Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.

Why Join the Cambia Team?

At Cambia, you can:  

• Work alongside diverse teams building cutting-edge solutions to transform health care.  
• Earn a competitive salary and enjoy generous benefits while doing work that changes lives.  
• Grow your career with a company committed to helping you succeed. 
• Give back to your community by participating in Cambia-supported outreach programs.  
• Connect with colleagues who share similar interests and backgrounds through our employee resource groups.  

We believe a career at Cambia is more than just a paycheck – and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.  

In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include: 

• Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits. 
• Annual employer contribution to a health savings account.  
• Generous paid time off varying by role and tenure in addition to 10 company-paid holidays. 
• Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period). 
• Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave). 
• Award-winning wellness programs that reward you for participation. 
• Employee Assistance Fund for those in need. 
• Commute and parking benefits. 

Learn more about our benefits. 

We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.

As part of our security requirements, new hires will need access to a personal mobile device to set up Multi-Factor Authentication (MFA) upon joining the company. MFA is an important layer of protection for accessing Cambia systems and is required for all employees.