Supv, Accounting

Posted 18 Days Ago
Be an Early Applicant
Newark, NJ, USA
In-Office
98K-133K Annually
Senior level
Healthtech • Insurance
The Role
Supervises accounting activities including reconciliations, journal entries, financial close, variance analysis, reporting, controls, and audit support. Resolves discrepancies, partners cross-functionally on accounting initiatives, supports system implementations and process improvements, and leads accounting staff through coaching, workload management, and performance development. Ensures compliance with accounting policies, internal controls, GAAP, regulatory requirements, and reporting standards.
Summary Generated by Built In

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health.  For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience.  Our members are our neighbors, our friends, and our families.  It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds. 

About the Role

The Accounting Supervisor is responsible for overseeing and performing account reconciliations, journal entries, financial close activities, and variance analysis for government programs, fully insured, self-insured, and other assigned healthcare accounting functions. This role ensures accurate and timely financial reporting, compliance with accounting policies and internal controls, and effective resolution of accounting and operational issues. The Accounting Supervisor also leads and develops accounting staff and partners across the organization to support audits, process improvements, system initiatives, and business needs.

What You'll Do

  • Prepare and oversee monthly, quarterly, and annual accounting activities for assigned receivable, payable, premium, surcharge, and other general ledger accounts, ensuring accuracy, completeness, and timely reporting.

  • Prepare as well as review account reconciliations, journal entries, variance analyses, and supporting schedules prepared by team members for government programs, fully insured, self-insured, and other assigned accounting areas.

  • Research and resolve accounting discrepancies, aged reconciling items, and complex account balance issues, coordinating corrective actions with appropriate business partners.

  • Monitor key financial and operational data, perform control checks, and validate that transactions are accurately recorded in the general ledger.

  • Ensure assigned accounting processes comply with company policies, internal controls, documentation standards, and applicable accounting and regulatory requirements.

  • Support internal and external audits by coordinating responses, reviewing supporting documentation, addressing control questions, and ensuring requested information is complete and provided timely.

  • Partner with Actuarial, Membership and Billing, Financial Systems, Information Technology, Operations, and other areas to resolve accounting matters and support organizational initiatives.

  • Review and approve accounting process documentation, narratives, flowcharts, and procedures to ensure processes, responsibilities, systems, and data dependencies are accurately reflected.

  • Participate in system implementations, process transformation efforts, testing, automation, and other initiatives that affect accounting operations or financial reporting.

  • Lead, coach, and develop accounting staff through training, performance feedback, workload management, cross-training, and ongoing support.

  • Promote a culture of accountability, collaboration, accuracy, strong internal controls, and continuous improvement.

What You Bring

Education/Experience:

  • High School Diploma/GED required.

  • Bachelor's degree in Accounting, Finance, or a related field required; CPA or advanced degree preferred.

  • 7+ years of progressive accounting or financial reporting experience, including responsibility for account reconciliations, journal entries, month-end close, and financial analysis.

  • Experience leading and managing an accounting or finance team, including assigning work, reviewing deliverables, coaching employees, and managing performance.

  • Strong knowledge of accounting principles, financial controls, general ledger processes, and financial reporting requirements.

Additional Licensing, Certifications, Registrations:

  • CPA or other accounting specific financial certifications preferred.

Knowledge:

  • Requires in depth knowledge of general accounting principles and methods; prefer knowledge of both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting principles (SAP).

  • Demonstrated strong knowledge of accounting standards and adheres to policies and regulations, technical review process, and consequences of non-compliance to monitor and reinforce quality assurance.

  • Experience supporting internal and external audits and working within a controlled financial environment.

  • Strong communication and interpersonal skills, with the ability to partner effectively with cross-functional departments and all levels of management.

  • Advanced proficiency in Microsoft Excel and experience with financial systems and reporting tools.

  • Healthcare, insurance, or managed care industry experience preferred.

  • Ability to manage multiple priorities, meet deadlines, and foster a culture of accountability, teamwork, and continuous improvement

Skills and Abilities:

  • Supervision and team leadership skills.

  • Excellent communication skills (Written and oral) with proven ability to develop relationships with internal customers, peers to guide and assist as needed.

  • Accountability.

  • Proficiency with audits.

  • Managing processes with strong analytical skills, business acumen and problem-solving skills.

  • Research skills.

  • Quality and project management.

  • Meticulous attention to detail and accuracy and the ability to complete tasks with minimal oversight.

  • Time management and ability to prioritize to meet multiple deadlines.

  • Experience performing financial and ad hoc analyses using advanced Excel functionality. Macros/ Access a plus.

  • Ability to work independently in a fast-paced and rapidly changing environment.

  • Ability to operate in fast paced environment and adopt to changing needs and responsibilities.

Why Horizon?

At Horizon, you’ll do meaningful work that directly improves lives—while being supported by a mission‑driven organization that values expertise, collaboration, and growth.  We believe that when our people thrive, our communities do too.  If you are passionate about making an impact, we’d love to hear from you!

Salary Range:

$97,800 - $133,455

​This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity.  This range has been created in good faith based on information known to Horizon at the time of posting.  Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)

  • Retirement Plans

  • Generous PTO

  • Incentive Plans

  • Wellness Programs

  • Paid Volunteer Time Off

  • Tuition Reimbursement

Disclaimer:

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware. This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.  Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

Skills Required

  • High school diploma or GED
  • Bachelor's degree in Accounting, Finance, or a related field
  • 7+ years of progressive accounting or financial reporting experience
  • Experience with account reconciliations, journal entries, month-end close, and financial analysis
  • Experience leading and managing an accounting or finance team
  • Knowledge of accounting principles, financial controls, general ledger processes, and financial reporting requirements
  • Experience supporting internal and external audits in a controlled financial environment
  • Strong communication, interpersonal, analytical, problem-solving, and organizational skills
  • Advanced proficiency in Microsoft Excel
  • Experience with financial systems and reporting tools
  • Ability to manage multiple priorities, meet deadlines, and work independently in a fast-paced environment
  • Knowledge of GAAP and Statutory Accounting Principles
  • CPA or other accounting-specific financial certification
  • Advanced degree
  • Healthcare, insurance, or managed care industry experience
  • Experience with Microsoft Access or macros

Horizon Blue Cross Blue Shield of New Jersey Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Horizon Blue Cross Blue Shield of New Jersey and has not been reviewed or approved by Horizon Blue Cross Blue Shield of New Jersey.

  • Leave & Time Off Breadth — PTO is characterized as generous, with ample days off and holidays enhancing the overall package. This breadth of time away supports a favorable view of total rewards.
  • Flexible Benefits — Remote and hybrid options are available in multiple functions and are cited as a meaningful perk. Flexibility in where work is performed contributes to overall satisfaction with rewards.
  • Retirement Support — The 401(k) match is considered decent to good. Retirement offerings are viewed as a solid component of the total package.

Horizon Blue Cross Blue Shield of New Jersey Insights

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The Company
HQ: Newark, NJ
4,974 Employees
Year Founded: 1932

What We Do

Horizon Blue Cross Blue Shield of New Jersey- the state’s largest and oldest health insurer - is a subsidiary of Horizon Mutual Holdings, Inc., a not-for-profit mutual holding company. Together with its affiliates, Horizon provides a wide array of medical, dental, vision and prescription insurance products and services. As New Jersey’ health solutions leader, Horizon is transforming healthcare by working with doctors and hospitals to deliver innovative, patient-centered programs that improve quality and lower costs. It is headquartered in Newark, NJ with offices in Wall and Hopewell, NJ. Horizon serves 3.7 million members including more than 1 million who rely on Medicaid for their health coverage.

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