Lead Statutory Accountant (Hybrid/Troy, MI) - Health Alliance Plan

General Summary

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
• Cook with various departments in order to obtain required data necessary to complete filings
• Maintain monitoring 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
• Cook 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
• Aid the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments
• 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