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Senior Accountant in Manchester, CT at SNI Financial

Date Posted: 2/12/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    2/12/2020
  • Job ID:
    361768

Job Description


Reports To: CFO

FLSA: Non-exempt

Summary: Responsible for serving as the senior staff accountant for High Risk Reinsurance pools. The list below is a high level list. Responsibilities are subject to change and special projects may be assigned. Responsible for communicating with internal staff of all levels, carrier contacts and vendors by performing the following duties.

Duties and Responsibilities include the following.
1. Responsible for billing, collection, and posting of funds for reimbursement to participating PDPs.*
2. Responsible for posting and preparation of monthly subsidy checks to in strict accordance with the policies and procedures relating to such.*
3. Reconciles all cash accounts contained in the general ledger to the appropriate bank statements.*
4. Provides a detailed accounting, on a monthly basis, to the administrator of the subsidy.*
5. Responsible for billing, collection and posting of appropriate out of pocket expenses, in accordance with the administrative services contract.*
6. Assists account management, via the provision and analysis of information as required, in the preparation of reports to the board of directors or the administrator.*
7. Reconciles material amounts contained in the general ledger.*
8. Performs all grant accounting in accordance with regulatory guidelines.*
9. Prepares and analyzes loss reserve worksheets, when appropriate, for reasonableness and accuracy.*
10. Determines claim submission completion factors from SEHRA/CSEHRP system generated triangles, calculate and post appropriate reserve amount to general ledger.*
11. Prepares financial statements on a monthly basis for presentation to the board of directors.*
12. Works with controller on assessment calculations and communications.*
13. Maintains current assessment bases for pools.*
14. Calculates, posts, and collects assessment payments from carriers.*
15. Calculates interest amounts due on late payments in accordance with the plans of operations.*
16. Compiles and delivers year-end audit package to independent auditors, with appropriate supporting documentation.*
17. Works with auditors throughout the year to plan for and execute successful completion of the audits. *
18. Prepares response draft to any audit points including recommended process improvements.*
19. Works with controller and account management on special projects and identifying potential issues.*
20. Prepares financial statements on a monthly basis for presentation to the board of directors.*
21. Works with controller on assessment calculations and communications.*
22. Maintains current assessment bases for assigned pools.*
23. Responsible for posting of assessments in the general ledger of assessments levied on carriers.*
24. Calculates interest amounts due on late payments in accordance with the plans of operations.*
25. Compiles and delivers year-end audit package to independent auditors, with appropriate supporting documentation.*
26. Works with auditors during the audit and provides information to account management, as needed, in the preparation of monthly and annual administrators reports.*
27. Responsible for tax return preparation, including amended returns.*
28. Works with controller and account management on special projects and identifying potential issues.*
29. Performs other related duties as assigned.