FEP Accountant

Posted 2 Days Ago
Be an Early Applicant
Randolph, IL, USA
Hybrid
65K-95K Annually
Mid level
Insurance
The Role
Maintains accurate financial records and supports month-end close, journal entries, reconciliations, payment processing, financial reporting, variance analysis, audits, and internal controls. The accountant also identifies process improvements, collaborates with accounts payable, accounts receivable, and finance teams, and performs ad hoc financial analysis to support business decisions. The role requires accounting expertise, US GAAP knowledge, CPA certification, and experience with accounting software such as PeopleSoft and Workday.
Summary Generated by Built In
This role is primarily responsible for ensuring the accuracy of financial records, managing month-end processes, handling transactional tasks such as journal entries and payment processing, and preparing reports in compliance with accounting standards. This role involves conducting reconciliations, analyzing variances, implementing process improvements, and collaborating with other departments. Additionally, this role will support audits and perform ad hoc financial analysis to aid decision-making and business initiatives.

  • Lead or assist in the month-end close process, including preparing journal entries, reconciling accounts, and analyzing variances. Prepare financial statements and reports in accordance with accounting principles and regulatory requirements.
  • Perform regular reconciliations of balance sheet accounts to ensure accuracy and completeness of financial data. Analyze variances between actual and budgeted/forecasted figures, investigating discrepancies and providing explanations as needed.
  • Assist in external and internal audits by providing necessary documentation, explanations, and support to auditors
  • Implement and maintain internal control procedures to safeguard company assets and ensure compliance with accounting standards and regulations. Identify opportunities for process improvements in accounting procedures and systems to enhance efficiency and accuracy.
  • Collaborate with other departments, such as accounts payable, accounts receivable, and finance, to ensure accurate and timely financial information exchange
  • Perform ad hoc financial analysis and projects as requested by management to support decision-making and business initiatives

The posting range for this position is:

65,400.00 - 94,800.00

Qualifications:
Education

  • Required BS ; or equivalent experience
  • Preferred MS ; or equivalent experience

Experience

  • Required 4+ Years accounting experience, including all aspects of the monthly close process, transaction processing, cash management, and financial record-keeping

Knowledge Skills and Abilities

  • Solid understanding of accounting principles, including GAAP.
  • Ability to manage general ledger accounts, ensuring accurate recording of financial transactions.
  • Effective analytical skills to interpret financial data, identify trends, and make informed decisions.
  • High attention to detail.
  • Understanding of internal controls to safeguard financial assets, prevent fraud, and ensure compliance.
  • Excellent organizational skills to manage multiple priorities/projects under tight timeframes with a sense of urgency.
  • Effective communication skills to clearly convey complex accounting issues to management, auditors, and other staff.
  • Ability to understand complex accounting transactions and apply US GAAP and non-GAAP standards.
  • Demonstrates AI literacy and an understanding of generative AI tools, including appropriate business applications and limitations.

Certifications & Licenses

  • Required: Certified Public Accountant (CPA) - Various
  • Extra Posting Information:

    Minimum four years of accounting experience, including all aspects of the monthly close process, transaction processing, cash management, and financial record-keeping
    Experience with accounting software (PeopleSoft and Workday preferred).

#LI-Hybrid

The posted salary range is the lowest to highest salary we, in good faith, believe we would pay for this role at the time of this postingWe may ultimately pay more or less than the hiring range and this hiring range may also be modified in the future. A candidate’s position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs. This job is also eligible for annual bonus incentive pay. 

We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees. 

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law. 

 

Skills Required

  • Bachelor of Science degree or equivalent experience
  • Master of Science degree or equivalent experience
  • 4 or more years of accounting experience
  • Experience with monthly close processes, transaction processing, cash management, and financial record-keeping
  • Understanding of accounting principles, including GAAP
  • Ability to manage general ledger accounts and accurately record financial transactions
  • Analytical skills for interpreting financial data and analyzing variances
  • Understanding of internal controls, compliance, and fraud prevention
  • Strong organizational, communication, and attention-to-detail skills
  • Knowledge of US GAAP and non-GAAP standards
  • AI literacy and understanding of generative AI tools and limitations
  • Certified Public Accountant certification
  • Experience with PeopleSoft and Workday accounting software
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chicago, IL
3,161 Employees
Year Founded: 1910

What We Do

Blue Cross Blue Shield Association is a national federation of 34 independent, community-based and locally operated Blue Cross and Blue Shield companies that collectively provide health care coverage for one in three Americans. BCBSA provides health care insights through The Health of America Report series and the national BCBS Health Index.

Similar Jobs

MetLife Logo MetLife

Service Academy Trainee

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Hybrid
Aurora, IL, USA
43000 Employees
60K-60K Annually

Wells Fargo Logo Wells Fargo

Consultant

Fintech • Financial Services
Hybrid
Chicago, IL, USA
205000 Employees
185K-300K Annually

MetLife Logo MetLife

Consultant

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Hybrid
Aurora, IL, USA
43000 Employees
60K-70K Annually
Hybrid
Palatine, IL, USA
205000 Employees
37K-66K Hourly

Similar Companies Hiring

Alaffia Health Thumbnail
Artificial Intelligence • Healthtech • Insurance • Machine Learning • Payments
New York, NY
80 Employees
MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account