Job Title: Finance Specialist
Reports To: Vice President & Controller
Direct Reports: Not Applicable
FLSA Status: Salary Exempt
Salary: Commensurate with Experience
The Finance Specialist (FS) position closely collaborates with the rest of the Finance Team and support Finance management by contributing to and maintaining a best-in-class finance organization that successfully services, with high quality, the remainder of the Company and external parties.
The FS functional areas are as follows:
Execute daily operations of the department, including treasury; preparing and reconciling financial results; preparation of audit requests and interaction with auditors; compliance with financial and technical laws, regulations and controls; response to third party requests and questions; knowledge sharing with peers and other Team members; team member on corporate and Finance Team projects
The detailed responsibilities below collectively roll up to form the functional areas and are shared across the FSs to meet the strategic and operating goals of the Finance Department.
Assist Finance and Company management by:
1. PARTICIPATING ON FINANCE OR CORPORATE PROJECTS
As part of executing the corporate and department strategic plans, participate as necessary on corporate and departmental project teams. For smaller, individual assigned Finance projects ensure successful completion by independently performing required task steps and utilizing knowledge resources.
2. EXECUTING DAILY FINANCE OPERATIONS, REPORTING AND COMPLIANCE FUNCTIONS
Execute daily financial transactions and procedures while ensuring compliance with Company policy and technical and regulatory body requirements. Keep current on technical accounting and finance approach and positions of the Company.
Prepares timely, accurate, and complete documents, reports, and other requests. Executes the monthly financial close cycle and reports out progress. Reviews the work of peers, including journal entries, reconciliations, and financial and operational reports for accuracy and completeness.
Identify system-related issues, including the General Ledger, data, and reports and assists the Finance Team and technical specialists to address these problems.
Performs other operational duties, such as execution of business unit or client requests (e.g. new reports), explanation and research of significant and/or unusual transactions or balances, administration of assigned general ledger accounts, etc.
3. EXECUTING TREASURY ACTIVITIES
Assist the rest of the Finance Team to efficiently execute treasury services, including premium billing and collections; accounts receivable management; claimant and provider disbursements; policyholder disbursements; agent compensation; accounts payable; employee reimbursements; business unit and external party research and responses; and other services billings and collections. Identify and recommend areas for improvement.
4. SUPPORTING FINANCIAL PLANNING AND ANALYSIS
Assists with departmental and company-wide budgeting and monthly financial analysis. Support for operations and practices information requests; assists with financial planning and projections; prepares variance analyses and explanations; assists with costing and pricing through collaboration with sales and operations; assists with revenue and pipeline reporting; assists with cash projections; performs commission calculations, assists with modelling and reporting; analyzes claims, invoicing, Rx data; supports data governance by identifying and assisting with data quality issues and ensuring data integrity.
5. ASSISTING WITH FINANCIAL PERFORMANCE AND RESULTS
Assist with variance analyses and explanations against budget and prior period results; generate financial and managerial reports, request explanations and information from business units and respond to questions and requests from business units and corporate.
6. SUPPORTING EFFECTIVENESS AND EFFICIENCY OF INTERNAL CONTROLS AND POLICIES/PROCEDURES
Support the continuous improve internal controls and policies/procedures to address the current operating environment, including touch points with other departments and operating entities, and suggest best practices. Review policies, procedures, and internal and controls and update documentation for assigned areas. Recommend changes to procedures, controls, and reports. Interacts with auditors and other specialists as necessary.
7. CONTINUOUSLY IMPROVING DEPARTMENT SKILLS AND ABILITIES
Assist other Team members, including management, in their daily duties during absences or peak periods. Perform self-development, training, proactively participate in coaching sessions, and discuss upward feedback with supervisors and coaches.
8. DELIVERING HIGH QUALITY SERVICE TO INTERNAL AND EXTERNAL STAKEHOLDERS
Report and resolve internal and external stakeholder issues or inefficiencies. Identify and support ease of doing business projects and other user friendly improvements and maintain the customer-centric focus within the department. Foster strong inter-departmental collaboration on projects, initiatives, and problem resolutions.
9. MAINTAINING PROFESSIONAL AND TECHNICAL KNOWLEDGE
Participate in industry and technical seminars/training; maintain and/or acquire additional certifications and skills; research best practices and knowledge share with others.
EDUCATION AND EXPERIENCE
BS degree in Accounting, Finance, or Audit or long-tenured industry/professional experience.
Industry accounting knowledge (e.g. medical/pharmacy brokering, insurance/group benefits, third party administration, revenue recognition, etc.) with a broad range of accounting and/or financial analysis exposure preferred
Experience with executing financial close procedures, treasury operations, and/or financial analysis
Project team experience
Knowledge of Finance processes and controls, ability to identify weaknesses and recommend solutions
Strong data analysis and related analytical tool skills (Access, Excel)
Experience with Great Plains or similar G/L packages
Experience with administrative systems and financial planning/budgeting software desirable
Advanced skills in Microsoft Office products with emphasis on Excel, Word and Access
LICENSES OR CERTIFICATIONS
Certified Public Accountant or CPA-eligible or other industry or technical certifications (e.g. CMA) optional, yet encouraged
Ethics, integrity, high quality service delivery
Issue identification and recommendation, brainstorming
Internal and external customer service
Communication, verbal and written
Relationship-building, teamwork, collaboration
Open-minded, change focused
|RI Temps, Inc.
| Location: NORTH KINGSTOWN, RI 02852
| Document ID: AC065-4VDQ
| Posted on: ||2018-02-2002/20/2018