Senior Accounting and Quality Analyst

Senior Accounting & Quality Analyst

Health New England (HNE) is seeking a Senior Accounting & Quality Analyst to play a key role in ensuring the accuracy, integrity, and reliability of our financial information. This unique position combines accounting, financial analysis, quality assurance, internal controls, and process improvement, giving you the opportunity to not only prepare financial information but also evaluate how it is produced and identify ways to make our processes more efficient, accurate, and well controlled.

The Senior Accounting & Quality Analyst will work closely with Accounting and Finance leadership and teams across the organization, using your expertise to identify trends, uncover issues, perform root-cause analysis, and recommend meaningful improvements. This is an excellent opportunity for someone who enjoys solving problems, working with data, and making a tangible impact on financial operations.

Key Responsibilities Include:

• Analyze select journal entries across the accounting function for accuracy, account coding, supporting documentation, and GAAP/STAT compliance.
• Use data analysis techniques to identify anomalies, outliers, duplicate entries, and other irregularities.
• Review general ledger reconciliations for quality, completeness, timeliness, and appropriate resolution of outstanding items.
• Develop and monitor close-quality metrics and KPIs, including error rates, reconciliation completion, aged reconciling items, and late or adjusting entries.
• Build dashboards and summaries to communicate results and trends to management.
• Perform root-cause analysis on recurring errors and data-quality issues and recommend process, documentation, and control improvements.
• Evaluate accounting processes and procedures to identify opportunities for greater efficiency, consistency, standardization, and control.
• Support implementation of process improvements and internal control initiatives.
• Support internal control over financial reporting, including Model Audit Rule (MAR) documentation and testing.
• Provide analysis and quality evidence supporting GAAP and STAT audits.
• Communicate findings and recommendations to accounting staff and management in an advisory capacity.

Account Reconciliation & Variance Analysis

• Prepare and review general ledger account reconciliations, investigating, documenting, and resolving reconciling items.
• Analyze actual results against budget and prior periods and provide clear explanations of variances.
• Support reconciliation and variance analysis across medical and non-medical accounts.
• Maintain the accuracy of Line of Business tabs within FINSTATNEW financial reports.
• Reconcile and analyze month-end closing package spreadsheets to ensure financial information is current and accurate.

Journal Entries & Month-End Close

• Prepare journal entries for financial transactions from a variety of sources, including claims, medical, and non-medical activity.
• Prepare journal entries for pharmacy and non-medical expenses.
• Prepare monthly accruals for medical, non-medical, and administrative expenses incurred but not yet invoiced.
• Contribute to an accurate and timely month-end close process.

Financial Statement Preparation & Analysis

• Prepare monthly Statement of Expense Reports for cost center managers, including actual-to-budget analysis.
• Partner with Finance to prepare Monthly Health Service Funds (HSFs) and related analysis.
• Maintain and analyze provider risk contracts to ensure accurate accounting for surplus/deficit corridors and withhold agreements across Commercial, Medicare, and Medicaid lines of business.
• Support statutory and tax reporting through preparation of required documentation and reports.

Audit, Compliance & Special Projects

• Support GAAP and STAT year-end and interim audits and Compliance Monitoring activities.
• Prepare check requests and other documentation supporting various HNE expenses and provider contract payments.
• Participate in special projects and process improvement initiatives that strengthen financial operations and internal controls.

Schedule:

• Full-time
• Monday through Friday
• No weekends, no holidays

Location:

• 1 Monarch Place
• Springfield, MA
• Hybrid work opportunity – 3 days a week…