CareFirst Careers

Technical Accounting Manager

Resp & Qualifications

PURPOSE:

  1. This position will be part of the Corporate Controllers team responsible for the accounting and reporting of significant accounting transactions, financial reporting, and special projects. The ideal candidate is thoroughly familiar with U.S. GAAP and technical accounting subjects such as revenue recognition, lease accounting, pension accounting, and investments.
  2. The Manager will be the subject matter expert for GAAP guidance and will be a key resource for the Controller’s organization.
  3. The Manager supports various audit activities by working closely with internal, external, and regulatory auditors.


PRINCIPAL ACCOUNTABILITIES: Under the direction of the Senior Director, Financial Accounting and Financial Systems, the incumbent’s accountabilities may include, but are not limited to, the following:

Technical GAAP guidance
• Monitor business activities to ensure timely identification of accounting and financial reporting matters.
• Analyze new and proposed accounting standards, determine the impact on the company, and implement as required.
• Define and implement proper accounting for complex transactions and provide feedback on the accounting implication of proposed transactions.
• Draft and review accounting memos for new accounting guidance and for significant accounting transactions. Provide guidance to operational finance teams to ensure transactions are properly accounted for and disclosed in the financial statements.
• Act as liaison with internal and external auditors to present the Company’s position on technical accounting matters and drive closure of open issues. Ensure proper accounting, reporting, and disclosure.
• Develop, coordinate, and maintain accounting policies and procedures in accordance with GAAP and other regulatory requirements.
• Complete the GAAP disclosure checklist in support of the external financial statement audit.

Special projects
• Work closely with stakeholders within Finance and across the company including Legal, FP&A, Tax, Treasury, and Sales regarding new lines of business, products, and contracts.
• Manage projects across multiple departments to ensure timely resolution of issues, adherence to deadlines, and quality of work.
• Manage the review and documentation of significant transactions, contracts, and new business initiatives and recommend appropriate accounting treatment.

Process improvement and the control environment
• Coordinate development and implementation of internal accounting controls, analytical tools and reports, and systems and process enhancements supporting financial management of the company.
• Develop and propose process improvements by identifying potential risk areas and recommended improvements.
• Monitor and review balance sheet account analyses to identify potential issues and to ensure financial data integrity.

Training and departmental support
• Lead the preparation and presentation of training to the accounting and financial reporting teams regarding technical accounting guidance and the application of new accounting standards.\
• Act as a resource and subject matter expert for all questions and issues  related to technical GAAP accounting.
• Assist in the mentoring and development of accounting and reporting staff. Participate in team planning including setting team goals and priorities.

QUALIFICATION REQUIREMENTS:
Required education, experience, skills and abilities:

  • This position requires a Bachelors’ degree in Accounting, Finance, or Business, or equivalent education and experience. The incumbent must be a CPA (active or inactive) or must be eligible to sit for the CPA exam in Maryland.
  • A minimum of 5 years of progressively responsible financial accounting/auditing experience, including a minimum of 3 years of management experience, is required.
  • The position requires knowledge of PC based applications and an understanding of system interfaces. The incumbent may be asked to demonstrate proficiency using Microsoft Excel as a condition of employment.
  • The individual must possess strong interpersonal skills, a team-oriented perspective and should be able to deal effectively with personnel at all levels of the organization. Individual must be able to train and effectively develop department staff. Incumbent must possess excellent written and oral communication skills to present issues and conclusions to a diverse audience.
  • Must demonstrate resilience and effectively work in a fast paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time. 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.


Preferred

  • Experience with a health insurance organization is preferred.
  • Experience in public accounting is preferred.


 

Department

Director Accounting Operations

Equal Employment Opportunity

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

Hire Range Disclaimer

Actual salary will be based on relevant job experience and work history.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Closing Date

Please apply before: 09/19/2019

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 employee must frequently talk and hear.  Weights of up to 25 pounds are occasionally lifted.

Sponsorship in US

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

Learn more about Finance & Accounting