Financial Analyst

Horizon Blue Cross Blue Shield of New Jersey - Hopewell, NJ (30+ days ago)4.0


This entry-level position is accountable for assisting in the preparation and analysis of data and preliminary reports and for maintenance and initial reconciliation of accounts. This position is also responsible for implementing improvements to the workflow process.

Responsibilities

Perform variance analysis.
Ensure the timely and accurate preparation and analysis of financial data.
Reconcile designated accounts using proper accounting techniques, to verify account balances.
Enter/upload designated journal entries into the financial system.
Analyze designated entries to ensure accurate financial records; investigates unusual items as they are identified to ensure amounts are proper.
Prepare invoicing and oversee collections for Horizon’s accounts.
Responsible for reviewing and analyzing outstanding Accounts Receivable (A/R), preparing aging reports, variance analysis, researching and resolving Accounts Receivable (A/R) issues for assigned groups. Responsible for lowering A/R over 90 days to acceptable standards.
Support for monthly, quarterly and annual close process through preparation and analysis of journal entries, monthly settlement and ancillary charges, reporting and special projects.
Assist with internal & external audits by preparing and explaining the fluctuations for assigned groups.
Comply with the MAR controls applicable to the external reporting process by ensuring proper documentation is maintained and providing testing support as needed.
Education/Experience

Requires a Bachelor's degree in Finance or Accounting from an accredited college or university.
Requires 3 to 5 years of accounting experience in Billing, Collections, Month End Close, General Ledger, Financial Reporting, Forecasting, Audit & Internal Controls and Bank Reconciliations, preferably in the Healthcare industry.
Additional licensing, certifications, registrations

Prefer a CPA candidate.
Knowledge

Requires basic knowledge of general accounting principles and methods; prefer knowledge of both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting principles (SAP).
Prefer knowledge of accounting, finance and budget/cost.
PeopleSoft experience is a PLUS.
Skills and Abilities

Requires good oral and written communication skills.
Requires the ability to research and resolve problems through interaction with companywide personnel.
Requires the ability to organize and prioritize work assignments.
Requires the ability to work independently and exercise sound business judgment.
Requires strong computer skills including, Word, PowerPoint, advanced Excel and Access skills (including pivot tables & v lookups).
Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.