Company :

　　Highmark Health

　　Job Description :

　　JOB SUMMARY

　　This job is part of a team of financial reporting managers responsible for managing the day-to-day financial accounting and reporting activities for the Organization and certain subsidiaries in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP). The Organization, an integrated delivery and financing system, has $18B of enterprise revenue across 3 core lines of business consisting of insurance operations, provider operations and business platform/IT services. This position is focused on the parent company, the health insurance operations and/or the business platform/IT services. Assigned accountabilities include managing assigned aspects of the financial reporting department which is responsible for the internal and external financial statement compilation process, maintenance of general ledgers, research and implementation of applicable GAAP technical guidance, overseeing the monthly accounting close process and corporate level accounting activities such as debt, taxes and benefit plans. This position leads various direct and indirect reports which, depending on assigned responsibilities, could consist of project managers and lead and senior accountants that comprise the financial reporting department focused on GAAP reporting.

　　ESSENTIAL RESPONSIBILITIES

　　Perform management responsibilities including, but not limited to: involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority.

　　Effectively develop financial accounting policies and manages the financial accounting functions of the Organization and assigned subsidiaries.Accountable for the general ledgers of the Organization and assigned subsidiaries.This includes but is not limited to maintenance/deployment of the general ledger system, the consolidation and account reconciliation systems and review of the general ledger activity.

　　Conduct primary oversight role in the preparation of all GAAP financial reports for responsible entities. This may include financial statements, Board of Directors report packages, BCBSA financial reports, the quarterly investor document, annual and long-term incentive calculations and Benefit Plan Financial Statements and any ad-hoc reporting requests.Provide support for the proper recording and maintenance of all financial transactions in accordance with GAAP and BCBSA requirements (as applicable). Review GAAP financial information used in the preparation of internal and external reports for responsible entities as well as provide guidance regarding consolidation activities (as applicable) and proper accounting and reporting treatment. May have responsibility over the financial information and Management’s Discussion and Analysis sections of the quarterly Investor Relations reports, monthly financial analysis and maintenance of subsidiary relationships and quarterly debt covenant calculations and report (as applicable).

　　Ensure timely and accurate issuance of various externally issued audited GAAP financial statements for the Organization and its subsidiaries.Coordinate external audit process/activities with external audit firm. External auditors include the Organization's external CPA auditors, Commonwealth of Pennsylvania & other State Insurance Department auditors, various government program auditors and Blue Cross Blue Shield Association auditors. Ensure that financial information is presentable for the auditors and be available for explanations and questions.

　　Depending on assigned responsibilities, may be directly involved in accounting for various benefit plans and incentive plans. Responsibilities include, but are not limited to, oversight of benefit plan entries, coordination with outside actuaries, benefit plan and incentive plan audits, as well as monitoring of incentive plan performance.

　　Conduct the proper recording and maintenance of accounting records in accordance with GAAP.This includes determining the appropriate accounting treatment for the organization’s most complex financial transactions including M&A activity.Support other finance or business areas with technical accounting research and interpretation support.

　　Stay abreast of new accounting pronouncements that impact the Organization’s business lines and advises management of their impact to the organization.Assist the Director of Financial Reporting with the adoption of the new guidance, periodically in conjunction with the impacted finance or business areas.

　　Other duties as assigned.

　　EDUCATION

　　Required

　　Bachelor's Degree in Accounting or FinanceSubstitutions

　　NonePreferred

　　Master's Degree in Accounting or FinanceEXPERIENCE

　　Required

　　5 - 7 years in Accounting or FinanceTo Include

　　3 - 5 years in Management

　　A broad-based technical background in Financial Concepts

　　Preferred

　　3 - 5 years in Big 4 Public Accounting Experience or comparable experience with large regional CPA Firm, preferably in the Insurance or Healthcare Industry

　　3 - 5 years Managing complex (multiple legal entities with significant interco transactions) accounting closes and consolidations

　　3 - 5 years in Benefit Plan Accounting (depending on assigned responsibilities)

　　1 - 3 years in Computerized Accounting Systems (e.g. SAP, PeopleSoft) & consolidation packages (e.g. Hyperion)

　　LICENSES OR CERTIFICATIONS

　　Required

　　NonePreferred

　　Certified Public Accountant (CPA)SKILLS

　　Strong technical abilities and must be able to interpret and clearly understand authoritative accounting guidance.The incumbent must also possess an in-depth knowledge of insurance business in general, as well as the Organization, in order to analyze and apply guidance to specific situations

　　Ability to meet deadlines, to manage multiple processes, to supervise staff and to communicate effectively with all levels of management

　　Proven leadership skills – ability to motivate others to quickly achieve results in a matrixed environment

　　Uses knowledge of industry and market trends to develop and champion long-term strategies

　　Demonstrates the ability to effectively persuade others to listen, commit, and act on a new approach; Strong and effective verbal and written communication skills

　　Self-confident with an ability to accept and respond to challenges in a positive manner

　　Effectively presents complex topics in a concise manner to audiences at various levels and in various sizes; Broad understanding of business issues, metrics, organizational linkages and customer value

　　Successful experience in achieving results through people in a complex environment; Strong organizational and analytical skills in addition to project leadership and management skills

　　Thorough knowledge of generally accepted accounting principles, accounting practices and controls, corporate tax regulations and a complete understanding of the financial accounting consolidation practices

　　Language (Other than English)

　　None

　　Travel Requirement

　　0% - 25%

　　PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

　　Position Type

　　Office-Based

　　Teaches / trains others regularly

　　Occasionally

　　Travel regularly from the office to various work sites or from site-to-site

　　Occasionally

　　Works primarily out-of-the office selling products/services (sales employees)

　　Never

　　Physical work site required

　　Yes

　　Lifting: up to 10 pounds

　　Constantly

　　Lifting: 10 to 25 pounds

　　Does Not Apply

　　Lifting: 25 to 50 pounds

　　Does Not Apply

　　Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

　　Compliance Requirement: This position adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

　　As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy.

　　Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

　　As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

　　Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.

　　EEO is The Law

　　Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf )

　　We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.

　　For accommodation requests, please contact HR Services Online at [email protected]

　　California Consumer Privacy Act Employees, Contractors, and Applicants Notice

　　Req ID: J237521