Sr. Financial Reporting Analyst

About SCAN

SCAN Group is a not-for-profit organization dedicated to tackling the most pressing issues facing older adults in the United States. SCAN Group is the sole corporate member of SCAN Health Plan, one of the nation's leading not-for-profit Medicare Advantage plans, serving more than 285,000 members in California, Arizona, Nevada, and Texas. SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent for more than 40 years and is known throughout the healthcare industry and nationally as a leading expert in senior healthcare. SCAN employees are a group of talented, passionate professionals who are committed to supporting older adults on their aging journey, while also innovating healthcare for seniors everywhere. Employees are provided in-depth training and access to state-of-the-art tools necessary to do their jobs, as well as development and growth opportunities. SCAN takes great pride in recognizing our team members as experts in their fields and rewarding them for their efforts. If you are interested in becoming part of an organization that is innovating senior healthcare visit www.thescangroup.org, www.scanhealthplan.com, or follow us on LinkedIn; Facebook; and Twitter.

The Job

Prepare quarterly and annual regulatory/statutory reports (NAIC, DMHC, DHCS, MLR) across multiple states and for multiple legal entities. Prepare month-end financial reports, account analysis and financial variance analysis. Assist with Finance Ad hoc requests.

You Will

• Prepare regulatory/statutory financial reports, maintain sufficient accounting records, back up reports in accordance with company's policies and procedures.
• The regulatory/statutory reports include quarterly and annual filings to the National Association of Insurance Companies ("NAIC"), the Centers for Medicare & Medicaid Services ("CMS"), the California Department of Managed Health Care ("DMHC"), the California Department of Health Care Services ("DHCS"), and other states' respective Department of Insurance ("DOI").
• Research and interpret new updates to the Statutory Accounting Principals ("SAP"). Recommend to management regarding the adoption and impacts to accounting policies and procedures.
• Ability to review and update regulatory calendar deadlines and compliance documents. Prepare responses to questions and comments from regulatory (both state and federal) examiners.
• Serve as a liaison to internal and external auditors (including regulatory auditors); prepare, support, and coordinate with accounting teams to ensure delivery of requested items.
• Prepare month-end financial reports in conformity with GAAP - must have strong knowledge of Generally Accepted Accounting Principles ("GAAP"). Perform financial fluctuation analyses with explanations for variances to budget, forecast and/or prior periods.
• On-going development and maintenance of Oracle Financial Reporting Studio reports including designing new reports and making back-end changes to existing reports based on customers' needs.
• Conduct ad hoc financial analysis and prepare ad hoc reports as needed. - Partner with counterparts from affiliated organizations to standardize and align financial reports and quarterly/annual filings. Special projects, including automation and efforts to streamline and improve reporting processes. - Identify control and/or process inefficiencies and propose enhancements to the current process striving for continuous improvement. Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies. Let me know if you'd like this formatted into a formal job description or benchmarked for role leveling or compensation.
• Partner with counterparts from affiliated organizations to standardize and align financial reports and quarterly/annual filings. Special projects, including automation and efforts to streamline and improve reporting processes. - Identify control and/or process inefficiencies and propose enhancements to the current process striving for continuous improvement. Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies. Let me know if you'd like this formatted into a formal job description or benchmarked for role leveling or compensation.
• Identify control and/or process inefficiencies and propose enhancements to the current process striving for continuous improvement. Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• We seek Rebels who are curious about AI and its power to transform how we operate and serve our members.
• Actively support the achievement of SCAN's Vision and Goals.
• Other duties as assigned.

Your Qualifications

• Bachelor's Degree required in Accounting, Finance or a related field - Required
• Certified Public Accountant (CPA) - Preferred
• 4+ years in Accounting, Reporting, Audit, Finance or a related field
• Experienced in supporting both external and internal audit processes.
• Technical expertise - Advanced analytical skills
• Problem Solving - Basic problem-solving skills
• Communication - Good communication and interpersonal skills

What's in it for you?

• Base Pay Range: $92,400 - $132,110 Annually
• Work Mode: Mostly Remote
• An annual employee bonus program
• Robust Wellness Program
• Generous paid-time-off (PTO)
• 11 paid holidays per year, plus 1 additional floating holiday
• Excellent 401(k) Retirement Saving Plan with employer match
• Robust employee recognition program
• Tuition reimbursement
• An opportunity to become part of a team that makes a difference to our members and our community every day!

We're always looking for talented people to join our team! Qualified applicants are encouraged to apply now!

At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.

SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.

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