Accounting Operations Specialist

Minneapolis, MN

Our client, a major local player in the health insurance realm, has an urgent need for an Accounting Operations Specialist. The ideal candidate is well-organized, has the ability to maintain confidential information and work independently, and has excellent communication and collaboration skills. This role will need a minimum of 2+ years accounting operations experience with superior attention to detail. This is a great foot in the door to an established, growing company.

This position is a contract role for 6 months with potential for extension. This role is hybrid (work from home and Minneapolis mixture), so only local candidates will be considered.

Duties
This position is responsible to perform operational accounting activities including claims payable and related service inquiries. Responsible for all operational activities such as outstanding checklist, 1099, unclaimed property for multiple states, and levies. Provide support for audits and the annual actuarial certification. Complete assigned journal entries, account reconciliations and analysis. Support department leaders with ad hoc analysis and special projects.

  • Responsible for the claims payable process through Amisys. Maintain payment registers, negative balances, prospective payments, and liens. Ensure payment issued by the bank matches the amounts requested for both paper and electronic payments. Clear payments that have cleared the bank to ensure an accurate outstanding payment list.
  • Respond within defined turn-around-time to inquires submitted to Accounting through service forms and emails. Receive refund checks from providers and coordinate with Accounts Payable and Claims & Configuration Operations (CCO) to apply payments to the provider's account or return the payment to the vendor.
  • Maintain the outstanding check list for all payment systems. Prepare Unclaimed Property notices related to outstanding payments and submit the annual Unclaimed Property reports as required by each State. Ensure payments are issued through Accounts Payable to meet required deadlines.
  • Prepare the annual 1099 report to the IRS for claims and non-claim payments, including the coordination with other departments and entities. Promptly address Record B notices and provider inquiries.
  • Assist leader by preparing requested schedules and support for questions submitted by actuaries and auditors within required timeframes.
  • Prepare analysis and/or financial projections stating results/conclusions reached and support special projects/activities as requested.
  • Responsible for timely and accurate preparation of assigned journal entries. Ensuring the balance has proper support and files have appropriate levels of controls. Ensuring the use of generally accepted accounting principles (GAAP) and statutory accounting principles (SAP).
  • Responsible for preparation of timely and accurate assigned account reconciliations which encompasses adequate support. Providing timely communication of any identified accounting adjustments to leader.
  • Maintain a strong cross functional relationship with Claims & Configuration Operation, Customer Services, Information Technology Provider Relations, and other departments whose activities impact Accounting operations.
  • Maintain a thorough understanding of claims payment, Unclaimed Property, and 1099 Reporting requirements.
  • Provide backup support as needed for key operational tasks.
  • Other projects and duties as assigned.

Requirements
Education
  • Associates degree in Accounting/Business; demonstrated may be considered in lieu of degree.

  • Required Experience
  • 2+ years of accounting operations experience
  • Superior attention to detail
  • Advanced Excel skillset
  • Well organized and self-motivated
  • Ability to work under strict deadlines
  • Ability to maintain confidential information and work under minimal guidance
  • Excellent communication & collaboration skills


  • Preferred Experience
  • Health Plan experience

  • Post Date: 05.17.2022

    Salary: Dependent on Qualifications

    Shift: 1st

    Interested in this Job?

    Please Login, Register or you can apply as a guest

    Sign In

    If you would prefer to speak directly to a Humera Staffing Consultant, please call us at 612-977-1440 and reference OrderID 818341


    Like what you see? Share this job opening with your friends and family.

    For more than 45 years you may have known us as Dolphin Staffing - a name synonymous with quality temporary, and direct hire employment in the Minnesota. Today we are Humera - a boutique staffing agency that specializes in the placement of the best and brightest administrative and professional talent for contract, contract to hire and direct hire opportunities. Although we have changed our name, we continue to provide flexible career opportunities across a broad range of industries and with companies large and small. We invite you to become part of our elite workforce today!

    Humera Administrative and Professional Staffing is an Equal Opportunity Employer.