Henry Ford Hospital
Lead Statutory Accountant (Hybrid - Troy, MI) - Health Alliance Plan
Henry Ford Hospital, Troy, Michigan, United States, 48083
Lead Statutory Accountant
The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required. PRINCIPLE DUTIES AND RESPONSIBILITIES: Lead preparation of recurring state/federal/corporate filings: Quarterly and annual statutory insurance filings and assist with other related filings as needed Statutory accounting reporting of investments securities and income Monthly financial statement preparation (journal entries, account reconciliations and analytical schedule) Statutory filing software, upgrades, and maintenance Coordinate with various departments in order to obtain required data necessary to complete filings. Monitor changes in statutory accounting principles and reporting regulations to ensure compliance. Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes. Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings. Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income. Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards. Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments. Work with teams cross-functionally. Perform other duties as assigned by Finance Management. EDUCATION/EXPERIENCE REQUIRED: Bachelor's degree in Accounting required. Master's degree in accounting/finance/business administration is a plus. CPA preferred. Minimum of 4 years of experience in Accounting required. Minimum of 4 years of quarterly and annual preparation of Statutory Insurance Blanks preferred. Experience in healthcare accounting preferred. Strong analytical and problem-solving skills. Excellent written and verbal communication abilities. High attention to detail and accuracy. Ability to meet deadlines under pressure. Self-motivated and capable of working independently with minimal supervision. Proficient knowledge of accounting principles and procedures, financial analysis techniques, and both GAAP and statutory reporting standards. Experience using Power BI is a plus. Experience using Blackline, Workiva, and other financial close optimization tools is a plus.
The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required. PRINCIPLE DUTIES AND RESPONSIBILITIES: Lead preparation of recurring state/federal/corporate filings: Quarterly and annual statutory insurance filings and assist with other related filings as needed Statutory accounting reporting of investments securities and income Monthly financial statement preparation (journal entries, account reconciliations and analytical schedule) Statutory filing software, upgrades, and maintenance Coordinate with various departments in order to obtain required data necessary to complete filings. Monitor changes in statutory accounting principles and reporting regulations to ensure compliance. Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes. Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings. Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income. Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards. Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments. Work with teams cross-functionally. Perform other duties as assigned by Finance Management. EDUCATION/EXPERIENCE REQUIRED: Bachelor's degree in Accounting required. Master's degree in accounting/finance/business administration is a plus. CPA preferred. Minimum of 4 years of experience in Accounting required. Minimum of 4 years of quarterly and annual preparation of Statutory Insurance Blanks preferred. Experience in healthcare accounting preferred. Strong analytical and problem-solving skills. Excellent written and verbal communication abilities. High attention to detail and accuracy. Ability to meet deadlines under pressure. Self-motivated and capable of working independently with minimal supervision. Proficient knowledge of accounting principles and procedures, financial analysis techniques, and both GAAP and statutory reporting standards. Experience using Power BI is a plus. Experience using Blackline, Workiva, and other financial close optimization tools is a plus.