VBC Operations Accounting Specialist III (Remote based in US)

Conifer Health Solutions; Frisco (TX); Remote; USD 66,000 - 107,000; Full time

Job summary

An established industry player is seeking a detail-oriented VBC Operations Accounting Specialist III to join their remote team. In this pivotal role, you will be responsible for preparing financial statements, analyzing revenue, and ensuring compliance with GAAP. This position offers a unique opportunity to contribute to the financial health of managed entities while working in a collaborative environment that values your expertise. With a competitive salary and a comprehensive benefits package, this is your chance to advance your career in the dynamic healthcare sector. Join a company committed to redefining healthcare services and enhancing patient experiences.

Benefits

Health Insurance

Paid Time Off

401k with Employer Match

Flexible Spending Accounts

Employee Assistance Program

Voluntary Benefits

Qualifications

• Bachelor's degree in Finance or Accounting or equivalent work experience.
• 3-5 years of accounting experience in Managed Care.

Responsibilities

• Preparation of monthly journal entries and financial statements.
• Review and analyze Capitation Revenue and management reports.
• Maintain proper accounting records and backups per GAAP.

Skills

Financial Statement Preparation

General Ledger Management

Capitation Revenue Analysis

GAAP Compliance

Accounting Software Proficiency

Education

Bachelor’s Degree in Finance or Accounting

3-5 years of accounting experience

Tools

Office Software

Job description

VBC Operations Accounting Specialist III (Remote based in US)

Join to apply for the VBC Operations Accounting Specialist III (Remote based in US) role at Conifer Health Solutions.

As a part of the Tenet and Catholic Health Initiatives family, Conifer Health brings 30 years of healthcare industry expertise to clients in more than 135 local regions nationwide. We help our clients strengthen their financial and clinical performance, serve their communities, and succeed at the business of healthcare. Conifer Health helps organizations transition from volume to value-based care, enhance the consumer and patient healthcare experience, and improve quality, cost, and access to healthcare. Are you ready to be part of our solutions? Welcome to the company that provides resources and incentives to redefine healthcare services, with a competitive benefits package and leadership to advance your career!

The Accountant III is responsible for all aspects required for the preparation of financial statements and analysis for all assigned entities.

Essential Duties and Responsibilities

• Preparation of monthly journal entries, including posting and verification in the general ledger.
• Assist other departments in verifying check tracers and place stop payments where appropriate.
• Maintain general ledgers based on the company’s chart of accounts.
• Review, monitor, verify, and reconcile all monies deposited and disbursed for each assigned entity.
• Review and analyze Capitation Revenue, Membership, Specialty PMPM, and other management reports monthly for operational and financial issues.
• Produce monthly financial statements for each entity, including Balance Sheet, Income Statement by product, and Cash Flow Statement, ensuring timely availability for review.
• Maintain account analysis files and backup for all balance sheet accounts, including detailed IBNR analysis by product line.
• Understand profitability drivers of an IPA, analyze performance, and suggest improvements.
• Maintain proper accounting records, backups, and reports per Tenet policies and GAAP.
• Maintain knowledge of all entities managed by CMS.
• Develop and monitor effective controls to oversee the financial health of managed entities.
• Serve as liaison among managed entities, physicians, CMS staff, and Tenet.
• Assist external and internal auditors, including health plans, tax accountants, and government agencies, with document requests.
• Support Accounts Payable, Accounts Receivable, and Finance staff as needed, including claims payable processing.
• Perform additional duties as assigned by the Controller and CFO.
• Ensure security and confidentiality of all financial documents and records.

Knowledge, Skills, and Abilities

Must be able to perform each duty satisfactorily. Reasonable accommodations may be made for individuals with disabilities.

Education and Experience

• Bachelor’s Degree in Finance or Accounting or equivalent work experience.
• 3-5 years of accounting experience in Managed Care.
• Proficiency with computers and office software.

Physical Demands

• Light effort (lift up to 10 lbs), mostly sedentary, with bending, stooping, and reaching required.

Compensation and Benefits

• Salary: $66,768 - $106,704 annually, depending on location, experience, and qualifications.
• Management positions may be eligible for sign-on and relocation bonuses.

Benefits include health insurance, paid time off, 401k with employer match, holidays, flexible spending accounts, employee assistance, and voluntary benefits. For Colorado employees, paid leave complies with state law.

Conifer requires vaccinations and screenings as applicable by law before employment begins.

Equal employment opportunity statement and accommodation policies apply.