Henry Ford Health System

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

Henry Ford Health System • $75K — $95K *
Troy, MI 48085Hybrid
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting required
  • Master's degree in accounting/finance/business administration is a plus
  • CPA preferred
  • 4+ years of Accounting experience required
  • 4+ years of statutory insurance reporting experience preferred
  • Strong analytical and problem-solving skills
  • Proficient knowledge of GAAP and statutory reporting standards

Responsibilities

  • Lead preparation of quarterly and annual statutory insurance filings
  • Ensure compliance with accounting principles and regulatory changes
  • Draft footnotes and prepare supporting documentation for reports
  • Collaborate with finance management and external auditors for filing accuracy
  • Coordinate with departments to gather necessary data for filings
  • Assist with investment income and reconciliation analysis
  • Monitor statutory filing software and ensure maintenance

Benefits

  • Hybrid work environment
  • Opportunities for professional development
  • Involvement in cross-functional collaboration
  • Work with leading financial reporting tools
  • Contribute to compliance with state and federal regulations
Full Job Description
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.

PRINCIPLEDUTIESANDRESPONSIBILITIES:
  • 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.

About Henry Ford Health System

Henry Ford Health System is a non-profit healthcare organization based in Detroit, Michigan. The organization was founded in 1915 by automotive pioneer Henry Ford and has since grown to include hospitals, medical centers, and other healthcare facilities throughout Michigan. Henry Ford Health System provides a wide range of healthcare services, including primary care, specialty care, and emergency care. The organization is also involved in medical research and education, and operates the Henry Ford Health Sciences Center. In 2019, Henry Ford Health System was ranked as the 5th largest healthcare system in Michigan by Crain's Detroit Business.
Learn more about Henry Ford Health System
Size
33,000 employees
Industry
Healthcare
Founded
1915
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Henry Ford Health System

More Finance & Insurance Jobs

Find similar Lead Statutory Accountant (Hybrid/Troy, MI) - Health Alliance Plan jobs:

NationwideTroy, MI