Accountant III at Cambia Health in Renton, Washington

Accountant III Hybrid Role

Accountant III Hybrid role (3 days/week in office) at our Portland, Medford, Fargo, Burlington, Vancouver, Renton, Boise, Lewiston, Spokane or Salt Lake City offices. Candidates must reside within commutable distance of that location. Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system.

Who We Are Looking For: Every day, Cambia's dedicated team of Accountant III is living our mission to make health care easier and lives better. As a member of the Accounting team, our Accountant III responsibilities will include a variety of general, cash management/treasury or cost accounting activities and functions such as financial statement preparation, account, bank and report reconciliations and analysis, development of desktop procedures, and participation in the development, maintenance and analysis of Company budgets, forecasts, cost data and operating plans- all in service of creating a person-focused health care experience.

Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit.

What You Bring to Cambia: Qualifications: The Accountant III will have a Bachelor's degree in Accounting, Finance or Business with 3 to 5 years of relevant experience or an equivalent combination of education and experience. CPA, CMA or MBA preferred.

Skills and Attributes:

• Ability to think analytically and to make sound judgments from analysis.
• Ability to plan and organize own work.
• Ability to work flexible hours during periods of heavy workloads.
• Thorough knowledge of PC and mainframe software and systems as currently used by the Company.
• Ability to work effectively in a team environment with all levels of staff and management.
• Ability to communicate effectively, verbally and in writing with stakeholders.
• Based on area of expertise, demonstrated application of accounting knowledge in the following areas:
• Financial Reporting and General Accounting: Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP) for Health Care Service Contractors and Health Maintenance Organizations as promulgated by the NAIC.
• Cost Accounting: Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR); GAAP and SAP.
• Government Accounting: FEHBAR, FAR, CAS, GAAP
• Ability to problem solve questions related to assigned functions (including proposed answers).
• Based on area of expertise, demonstrated application of in-depth accounting knowledge.
• Leadership abilities in a project setting and cross-functional teams.
• Demonstrated ability to plan and organize own work, projects and the work of others in the department, with minimal supervision.
• Ability to research and prepare ad-hoc reports.
• Ability to research and report accounting guidance (existing and new transactions/guidance).
• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired

What You Will Do at Cambia:

• Duties can include one or several of the following:
• Prepares required monthly journal entries on a timely basis to record appropriate accruals and reclass transactions as appropriate.
• Maintains and reconciles various balance sheet accounts on a timely basis and ensures their accuracy by preparing all necessary documentation for reconciling journal entries.
• Accurately prepares components of basic corporate and subsidiary financial statements.
• Accurately gathers, validates, and summarizes accounting or statistical data.
• Maintains allocation tables within the cost accounting system using information such as labor distribution, organization structure, space, line of business distribution, workload, and any other statistical data as necessary. May be required to review and validate information with operating departments throughout the organization.
• Prepares and analyzes administrative cost and budget reports, including the investigation of budget variances, at various levels such as department, division, line of business, and activity categories.
• Responsible for miscellaneous invoicing - research and identify transactions, coordinate reimbursement as necessary.
• Prepare marketing incentive worksheets for monthly journal entry and payroll as requested.
• In support of other staff, will cross-train on a variety of jobs to provide back-up capabilities.
• Prepares major sections of monthly corporate and subsidiary financial statements (both GAAP and SAP) by ensuring accurate and timely data entry of financial information from various system and manual sources. Reviews, analyzes, investigates, and reports on significant fluctuations between financial statements of different time periods.
• Maintains and reconciles various balance sheet accounts (FEP, Medicare, ITS, Membership billing & reconciliation system, etc.) on a timely basis and ensures their accuracy by preparing all necessary documentation for reconciling journal entries, including recommendations for process improvement.
• Coordinate with other Plans and departments as necessary.
• Provides internal and external auditors with consolidated reconciliations, schedules and adjustments, including explanations and answering questions necessary to complete the annual audit. Investigates any unusual transactions or activities. Coordinates with other Company departments to resolve inaccuracies.
• Performs analysis on cost trends and allocations; proposes and implements updates to allocation tables as appropriate.
• Mentors new team members on Cambia policies, assists in onboarding as requested.
• Prepares ad-hoc analyses as requested.
• The review and analysis of cost allocations in compliance with CAS, development of policies and procedures in support of company's internal controls, account and report reconciliations, and development internal and external accounting reports, including audit schedules and support.
• Provides support and coordination for the operation of complex financial systems to ensure accuracy, integrity and consistency. May provide ad-hoc assistance, training and guidance to departmental staff.
• Prepares monthly corporate and subsidiary financial statements (both GAAP and SAP) by ensuring accurate and timely data entry of financial information from various system and manual sources. Reviews, analyzes, investigates and reports on significant fluctuations between financial statements of different time periods.
• Researches and reports on current and proposed accounting and auditing standards, guides and other pronouncements.
• Prepares and presents regular and ad-hoc analysis to Management on a variety of Company historic and proposed activities, including implications for current and future operations.
• Supports department in re-forecasts and budgeting for assigned accounting functions.
• Coordinates the administration and operation of complex financial systems; participates in the design, development and testing of financial system updates and enhancements, including updated internal controls as applicable.
• Works closely with internal and external auditors to ensure the timely completion of audits, resolving questions or audit issues as they arise.
• Reviews and analyzes administrative cost and budget reports, including variances to budgets and forecasts, while providing insights and implications for current and future operation
• Provides support and assistance to Accountants I and II in their routine job functions.

Work Environment

• Work primarily performed in office environment.
• May be required to work overtime.
• May be required to work outside normal business hours.

• Oregon, Washington, Utah, and Idaho: The expected hiring range is 62,900.00 - $85,100.00, the full salary range is $59,000.00 - $97,000.00. and the bonus target is 5%.
• North Dakota: The expected hiring range is $59,837.48 - $80,956.60, the full salary range is $54,151.66 - $86,642.43.

About Cambia Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care. Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.

Why Join the Cambia Team? At Cambia, you can:

• Work alongside diverse teams building cutting-edge solutions to transform health care.
• Earn a competitive salary and enjoy generous benefits while doing work that changes lives.
• Grow your career with a company committed to helping you succeed.