GAAP Financial Reporting Analyst

HMSA; Honolulu (HI); Hybrid; USD 59,000 - 116,000; Full time

Job summary

HMSA is seeking a full-time exempt Financial Reporting professional to support regulatory reporting for Hawaii, NAIC, BCBSA, and others. The role involves preparing ad hoc reports and assisting management with financial analysis and month-end close activities.

The ideal candidate holds a Bachelor's degree in Accounting or related field with two years of related experience and strong GAAP knowledge, plus proficient MS Office skills. Hybrid work environment; must reside on Oahu.

Qualifications

• Bachelor's degree in Accounting or related field with two years of related work experience or equivalent.
• Knowledge of GAAP and financial analysis skills.
• Effective verbal and written communication skills.
• Intermediate MS Office skills (Word, Outlook, Excel, PowerPoint).
• Experience with data entry and database manipulation.

Responsibilities

• Prepares financial reporting package for month end closing meetings in accordance with GAAP:
• • Prepares Income Statement, Balance Sheet, and Trial Balance for monthly close.
• • Attend and take notes during monthly close meetings, provide detailed summaries and follow-up items.
• • Independently analyzes financial data for revenue and expenses.

Skills

GAAP

Financial analysis

Verbal & written communication

Microsoft Excel

Project coordination

Data entry

Education

Bachelor's degree in Accounting or related field

2 years related work experience

Tools

Microsoft Office

Job description

Job Summary

Hybrid Work Environment - Must reside on Oahu

Pay Range: $59 ,000 - $116,000, position is eligible for an incentive bonus

Employment Type

Full-time

Exempt or Non-Exempt

Exempt

Note: Individuals typically begin between the minimum to middle of the pay range

Assists in the preparation of regulatory reporting functions for HMSA as required by the State of Hawaii, National Association of Insurance Commissioners (NAIC), Blue Cross and Blue Shield Association (BCBSA), and others. Prepare ad hoc reports as requested. Supports the management team as needed.

Minimum Qualifications

• Bachelor's degree in Accounting or related field and two (2) years of related work experience; or an equivalent combination of education and related work experience.
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Effective verbal and written communication skills
• Financial analysis skills
• Project coordination and documentation skills Intermediate working knowledge of Microsoft Office applications, including but not limited to Word, Outlook, Excel, and PowerPoint
• Database manipulation software familiarity or relevant experience with data entry

Duties And Responsibilities

• Prepares financial reporting package for month end closing meetings in accordance with Generally Accepted Accounting Principles (GAAP):
• Prepares the Income Statement, Balance Sheet, and Trial Balance to be presented at monthly close meetings. Applies thorough knowledge of GAAP. Maintains PC-based software to prepare reports and resolve any validation errors. Develops working relationships with the Actuarial & Underwriting teams, Government Accounting & Reporting team, and other F&A units to obtain proper and timely information.
• Attend and take notes during monthly close meetings. Provide detailed summary to attendees after meeting with any follow-up items identified. Prepare detailed summary of meeting minutes for internal audit submission.
• Independently performs analysis of financial data for both revenue and expenses for HM…