Cost Accounting Supervisor (Hybrid)

CareFirst, Inc.; Baltimore (MD); On-site; USD 88,000 - 182,000; Full time

Job summary

CareFirst, Inc. is seeking an Accounting Supervisor to manage the monthly close, ensure GAAP compliance, and supervise accounting staff.

The role supports the Manager in audits and internal controls while driving process improvements to maintain accurate financial reporting. Requires a Bachelor's degree in Accounting/Finance or related field, plus 3 years of progressive accounting experience and strong leadership capabilities.

Qualifications

• Bachelor's degree in Accounting, Finance, Business or related field, or 4 additional years of relevant experience.
• 3 years progressive accounting experience with leadership.
• Knowledge of GAAP and financial reporting; ability to analyze and interpret complex data.
• Ability to communicate clearly in writing and speaking; meets deadlines and manages multiple stakeholders.

Responsibilities

• Coordinate monthly close process, ensuring journal entries and ledgers are accurate.
• Supervise staff, provide coaching, conduct performance reviews, and assist in hiring.
• Support annual financial audit; respond to external auditors and provide analyses.
• Identify process improvements and support internal controls and reporting.

Skills

Communication skills

Problem solving

GAAP knowledge

Data analysis

Deadline management

Customer service

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Microsoft Office

Excel

Word

PowerPoint

Job description

Resp & Qualifications

PURPOSE: The Accounting Supervisor is responsible for determining priorities, developing controls and procedures for staff to follow. Responsibilities include organizing, structuring and maintaining a controlled environment to support accurate, consistent and timely processing of financial transactions. This position supports the Manager in the coordination of the monthly financial close process and the annual Financial Audit; review of various account reconciliations and key analyses; completion of special projects; and guidance to staff on daily functions. The position assures the accurate processing of financial information in compliance with Generally Accepted Accounting Principles (GAAP), Federal Government Regulations, and Corporate Financial Policies.

ESSENTIAL FUNCTIONS

• Coordinates, schedules and reviews detail activities for the monthly Financial Close process. Reviews and verifies the accuracy and efficacy of required journal entries and related support for various financial transactions. Responsible for ensuring the timely completion and integrity of monthly general ledger interfaces, including the implementation of corrective action plans. Oversees the investigation and timely resolution of problems that arise during the close process. Establishes and maintains standard operating procedures and controls. Works with staff to develop and document procedures for the Department. Assists the Manager in the development and implementation of internal accounting controls, analytical tools and reports. Investigates and assists in the resolution of unusual trends or potential issues to assure data integrity and identify business and accounting issues.
• Supervises assigned staff providing guidance, support, coaching, recognition and feedback consistent with corporate policies and practices. Prioritizes and assigns routine work and projects; resolves employee issues and provides developmental instructions. Motivates staff towards accomplishing goals and monitors work of subordinates. Trains and evaluates principle subordinates. Assists in interviewing and hiring selected applicants. Completes and provides input to performance reviews and promotion recommendations for staff.
• Meets accounting operational and financial standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, customer-service, safety, security, and health standards; resolving problems; identifying system improvements and by providing annual budget information; monitoring expenditures; identifying variances; implementing corrective actions.
• Assists and supports the Manager with the coordination of the annual financial audit. Responsible for ensuring that requests from the external auditors are met timely and efficiently in a manner that allows for a smooth audit process. Assist the auditors by educating them on significant departmental and business practices as well as providing interpretive analysis of financial information.
• Identify opportunities and help drive continuous process improvements and innovation within the department.

SUPERVISORY RESPONSIBILITY

This position manages people.

QUALIFICATIONS

Education Level: Bachelor's Degree in Accounting, Finance, Business or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 3 years Progressive experience in an accounting role with demonstrated leadership.

Knowledge, Skills and Abilities (KSAs)

• Ability to communicate effectively in both oral and written form.
• Ability to recognize, analyze, and solve a variety of problems.
• Knowledge of generally accepted accounting procedures and principles.
• Ability to analyze, consolidate, and interpret accounting data.
• Highly proficient in Microsoft Office programs.
• Strong, comprehensive knowledge of US GAAP principles.
• Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Licenses/Certifications Upon Hire Preferred

• Certified Public Accountant (CPA)

Salary Range

Salary Range: $88,344 - $182,210

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Department

Operational and Management Acc

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of theCompany to provide equal employment opportunities to allqualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship