Who We Are
Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.
We enjoy the important work we do every day in service to our members, partners, colleagues and communities. To learn more about who we are at Point32Health, click here (https://youtu.be/S5I_HgoecJQ) .
Job Summary
The Accountant position offers many challenges and opportunities in a fast-paced environment for a leading Health Care Organization. Primary responsibilities are the participation in the monthly financial closing process and assisting in the preparation of closing documentation and schedules supporting internal and external reporting.
Key Responsibilities/Duties – what you will be doing
Participate in the monthly financial close process by compiling and summarizing information for particular products from a variety of sources both internal and external to the department.
Review and maintain detailed account analysis of balance sheet accounts and reconcile to the general ledger on a monthly basis.
Prepare and process journal entries to the Oracle General Ledger system.
Calculate State assessments and partner with IT and Accounts Payable to ensure rates are updated and payments are made timely.
Calculate Pharmacy rebates and accruals and partner with Pharmacy Services, to ensure complete allocation of medical rebates.
Assist in the preparation of supporting schedules for quarterly statutory filings and annual audited financial statements.
Assist in the maintenance of a strong internal control environment including participation in the Model Audit Rule documentation and testing.
Prepare and gather supporting documentation for annual audit and tax returns.
Other special projects as required.
Other projects and duties as assigned.
Qualifications – what you need to perform the job
Education, Certification and Licensure
A bachelor’s degree in Accounting.Experience (minimum years required) :
2-5 years of accounting experience.Health Insurance experience a plusSkill Requirements
Strong organizational skills are required to prioritize workflow to meet monthly deadlines in a fast-paced environment.
Interpersonal skills are required to interact with various company personnel, at all levels, as well as external auditors.
As the incumbent is exposed to confidential financial results, the applicant should have a high degree of integrity and professionalism.
Incumbent should have a general understanding of generally accepted accounting principles and be able to apply these principles to transactions occurring on a monthly basis.
Incumbent is required to use and maintain various system applications.
Experience using ERP and reconciliation software.Oracle and Blackline a plus.
Proficiency in Microsoft Office applications, especially Excel.
Salary Range
71,443-92,455
Compensation & Total Rewards Overview
The annual base salary range provided for this position represents a broad range of salaries for this role and similar roles across the organization. The actual salary for this position will be determined by several factors, including the scope and complexity of the role; the skills, education, training, credentials, and experience of the candidate; equity with internal colleagues; and other conditions of employment. As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company’s sole discretion, consistent with the law.
Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
Medical, dental and vision coverage
Retirement plans
Paid time off
Employer-paid life and disability insurance with additional buy-up coverage options
Tuition program
Well-being benefits
Full suite of benefits to support career development, individual & family health, and financial health
For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/
Commitment to Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity
Point32Health is committed to making diversity, equity, inclusion, accessibility and health equity part of everything we do—from product design to the workforce driving that innovation. Our Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity team's strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
At Point32Health, we strive to be a different kind of nonprofit health and well-being company, with a broad range of health plans, and innovative tools that make navigating health and well-being easier, guiding our members at every step of their health care journey to better health outcomes. We are committed to providing high-quality and affordable health care, improving the health and wellness of our members, and creating healthier communities across the country. The Point32Health name is inspired by the 32 points on a compass. It speaks to the critical role we play in guiding and empowering the people we serve to achieve healthier lives. Our employees are hard-working, innovative, and collaborative. They look for opportunities to grow and make a difference, and they help make us strive to be one of the Top Places to work in New England.