Team Leader Corporate Accounting and Financial Accounting Operations

  • Full-time
  • Department: Finance | Actuary | Underwriting
  • Work Environment: Hybrid
  • Pay Grade: 24

Company Description

Why Wellmark Technology? Wellmark is building innovative, modern solutions using cutting edge technology. We are driving organizational transformation and business strategy by empowering our technology team to innovate new and elegant solutions to enhance the customer experience. Together, we are leaning into the future, owning the outcome, and driving organizational change to transform how we work.

Job Description

Contributes to the achievement of corporate and team objectives by supervising staff and supporting the operations of the Finance team, fostering an environment where mutual trust, empowerment and teamwork are prevalent and a strong commitment to employee development exists. This position leads and facilitates change by cultivating ideas which result in operational efficiencies, cost savings and customer and strategic partner satisfaction in the achievement of corporate and team performance objectives.

Qualifications

Required:

  • Bachelor's degree in finance, accounting, business or related field or direct and applicable work experience.
  • Minimum 4 years of experience in finance, audit, financial operations, and/or business within a health insurance industry.
  • Ability to lead work teams without direct authority, including coaching and mentoring, and directing and facilitating work activities.
  • Proven skills in building relationships and influencing people across the organization to break down barriers and foster collaboration and trust.
  • Demonstrated organization and time management skills.  Ability to prioritize workload and manage tight deadlines and achieve effective, accurate results; effective multi-tasking and prioritization skills are vital.
  • Demonstrated strong problem-solving and analytical skills; includes ability to recognize inconsistencies, analyze for reasonableness and accuracy, research and make recommendations in a wide variety of changing analytical situations.  Proven record of independent problem-identification and resolution skills.
  • Demonstrated ability to understand accounting systems, financial statements, and reports and how they impact processes.
  • Demonstrated knowledge, understanding and application of Statutory Accounting Principles (SAP) and Generally Accepted Accounting Principles (GAAP).
  • Demonstrated communication skills, both verbal and written with the ability to concisely communicate financial results.
  • Strong technical acumen, with demonstrated experience in Microsoft Office applications and the ability to learn new systems quickly.
  • Demonstrated ability to implement process improvements using innovation and risk-based analysis.

Preferred:

  • Professional Certification (CPA).

Additional Information

a. Provide leadership to create and support collaborative teams fostered through effective use of team building skills and day-to-day management of financial and human resources, primarily focusing on employee coaching, development, performance improvement, coordination and budgeting for staff and department(s) specific functions/services.

b. Oversee the accurate and timely completion of all team processes, ensuring the institution of appropriate internal controls and communication of expected service levels. Set goals for accuracy, automation, and timeliness and monitor achievement relative to those goals. Team processes include accounts payable processing, bank reconciliation, fixed asset and corporate accounting, provider accounts receivable tracking and compliance processes around 1099s, 1095-Bs, and unclaimed property filings.

c. Ensure the organization’s financial statement transactional data is recorded accurately and timely; provide detailed analysis of results compared to budget.

d. Coordinate financial statement audits and regulatory exams by providing timely responses to information requests and leading discussions with internal and external auditors to explain business processes and resolve issues identified.

e. Foster and promote continuous process improvement initiatives which result in operational efficiencies, automation, cost savings and customer satisfaction.

f. Represent Finance on projects as assigned. Demonstrate ability to see big picture, understand how changes impact existing business processes, and articulate necessary business requirements.

g. Lead cross functional corporate initiatives consistent with Wellmark’s strategic plan implementing new processes in support of new business requirements and/or regulations.

h. Provide excellent service to customers and internal stakeholders by providing timely and accurate responses to inquiries and demonstrating commitment to quality.

i. Maintain and review documentation specific to support operating effectiveness of internal controls.

j. Project a positive image of Wellmark Blue Cross and Blue Shield to both internal and external audiences.

k. Support business objectives and produce results that are effective, accurate, timely, and on target to meet business and stakeholder needs.

l. Oversee FEP cash management and claims funding processes in accordance with FEP rules and regulations.

m. Other duties as assigned.

An Equal Opportunity Employer

The policy of Wellmark Blue Cross Blue Shield is to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact us at [email protected]

Please inform us if you meet the definition of a "Covered DoD official".

Privacy Policy