The Role
Records, reconciles, and analyzes financial transactions for government programs and Association operations. Prepares accruals, maintains ledgers and schedules, produces general ledger and financial reports, supports audits, validates data quality, and assists with provider reimbursement, program cost, budget, and performance analyses. The role also supports internal controls, process improvements, reporting methodology documentation, and project implementation.
Summary Generated by Built In
Job Summary & ResponsibilitiesPreferred Qualifications
- Ensure proper recording and reporting of various financial transactions for the Association and government lines of business. Communicate with other F&A staff and internal departments to record and reconcile the following:
- Prepare and post accruals for various general ledger accounts on a monthly basis. Develop estimates for accruals as needed by using source documentation and settlements amounts. Resolve discrepancies with appropriate staff/departments timely.
- Record and analyze accounting transactions for various contracts or programs (such as Federal Programs, Medicare, Medicaid, etc.). Communicate effectively with other departments to gather this information. Provides assistance and performs research for various external and internal audits.
- Maintaining various schedules and ledgers for the Association's general ledger accounts, including special reserves, state risk sharing receivables, etc.
- Create and run ad-hoc system reports to summarize transactions in the general ledger. Perform research and initiate adjustments if errors are identified.
- Assist in supporting other accounting analysts as needed.
- Assist Senior Analyst and Supervisor to design, develop, and implement standard plan or provider financial and operational reports in response to customer requirements and business needs:
- Assist in implementing financial internal controls and risk management; facilitate definition of data and other information requirements.
- Define efficient data assembly methods.
- Maintain documentation supporting reporting methodologies, assumptions, and processes.
- Works to understand and analyze financial data.t.
Support Senior Analyst and Supervisor by participating in various projects:
- Document and share project activities, analyses, and decisions.
- Assist in evaluating business processes and identifying workflow improvement opportunities.
- Support project implementation activities under the direction of Senior Analysts or supervisors.
- Validate and maintain quality and consistency of data and reporting; on a proactive basis identify and isolate potential problems and work with staff within and outside of the department to develop and implement resolutions; develop and communicate data adjustments and workarounds.
- Assist with analyses related to provider reimbursement arrangements, government program costs, utilization trends, and contractual obligations. Prepare reports and supporting analyses used in evaluating program performance and financial results. Support the monitoring of government program budgets and financial performance.
- Performs all other miscellaneous responsibilities and duties as assigned or directed.
#LI-Hybrid
- Bachelor's degree and one year of related work experience; or an equivalent combination of education and related work experience.
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Project Management Skills: Demonstrated ability to coordinate complex projects and assignments with formatted output, narrative and data interpretation.
- Financial Skills: Demonstrated ability to prepare financial analyses and cost-benefit studies with design requirements, output format and analysis of results.
- Accounting Skills: Demonstrated ability to properly record financial transactions and prepare financial statements.
- Presentation Skills: Strong oral and written skills for presentation to Executive staff.
- Advanced working knowledge of Microsoft Office applications, including but not limited to Word, Outlook, Excel, and PowerPoint
- Database manipulation software familiarity or relevant experience with data entry
Skills Required
- Bachelor's degree and one year of related work experience, or equivalent education and related work experience
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Ability to coordinate complex projects and assignments with formatted output, narrative, and data interpretation
- Ability to prepare financial analyses and cost-benefit studies, including design requirements, output formats, and analysis of results
- Ability to properly record financial transactions and prepare financial statements
- Strong oral and written presentation skills for executive staff
- Advanced working knowledge of Microsoft Office applications, including Word, Outlook, Excel, and PowerPoint
- Familiarity with database manipulation software or relevant data entry experience
HMSA Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about HMSA and has not been reviewed or approved by HMSA.
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Healthcare Strength — Medical and dental coverage are described as solid, with preventive services and select zero‑cost features adding value in recent plan years. Employer-sponsored plans can have affordable premiums in certain groups and broad access options.
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Retirement Support — A 401(k) with company match and potential discretionary contributions forms a strong component of total rewards. Retirement support complements the core medical and dental package.
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Leave & Time Off Breadth — Paid holidays and PTO that increases with tenure provide meaningful time‑off flexibility. Time‑away benefits scale with service length.
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The Company
What We Do
The Hawaii Medical Service Association (HMSA), an independent licensee of the Blue Cross and Blue Shield Association, is a reliable name in Hawaii health care. Established in 1938, we are the largest and most experienced provider of health care coverage in the state. Over half of Hawaii’s population have chosen HMSA for their health care coverage. We are dedicated to providing quality, affordable health plans; employee benefit services; and worksite wellness programs. HMSA also offers a variety of programs, services and support to help improve the health and well-being of our members and community.
