Accounting Analyst

Employment Type Full-time

Exempt or Non-Exempt Exempt

Job Summary **Hybrid Work Environment - Must reside on Oahu **

Pay Range: $53,000 - $99,000, position is eligible for an incentive bonus

Note: Individuals typically begin between the minimum to middle of the pay range

Performs financial accounting functions to support the association's monthly financial closing. Establishes and maintains subsidiary ledgers which support balances and ensures that entries are recorded in accordance with applicable accounting principles, government regulations, and IRS regulations. Supports other finance and accounting (F&A) analysts and other business functions to record, reconcile and report on various financial transactions and contracts.

Minimum Qualifications

• Bachelor's degree and two years of related work experience; or an equivalent combination of education and related work experience.
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Accounting Skills: Demonstrated ability to properly record financial transactions and prepare financial statements.
• Presentation Skills: Strong oral and written skills for presentation to Executive staff.
• Financial Skills: Demonstrated ability to prepare financial analyses.
• Project Management Skills: Demonstrated ability to coordinate complex projects and assignments with formatted output, narrative, and data interpretation.
• Advanced working knowledge of Microsoft Office applications, including but not limited to Word, Outlook, Excel, and PowerPoint
• Database manipulation software familiarity or relevant experience with data entry

Duties And Responsibilities

• Ensures proper recordation and reporting of various financial transactions for the association and its subsidiaries. Communicate with other F&A staff and internal departments to record and reconcile the following:

• Prepares and posts accruals for various general ledger accounts on a monthly basis. Develop estimates for accruals as needed by using source documentation and settlements amounts. Resolve discrepancies with appropriate staff/departments timely.

• Records and analyzes accounting transactions for various contracts or programs (such as State EUTF, Retro Rated Groups, AFM Self Insured Groups, etc.). Communicate effectively with other departments to gather this information. Provides assistance and performs research for various external and internal audits.

• Assists and serve as a primary back-up to record transactions and prepare financial statements for all of HMSA's subsidiaries.

• Maintains various schedules and ledgers for the association's general ledger accounts, including capital/fixed assets, prepaid amortization, lease liability, etc.

• Creates and runs ad-hoc system reports to summarize transactions in the general ledger. Perform research and initiate adjustments if errors are identified.

• Reviews and reconciles assigned balance sheet accounts on a monthly basis. This includes cash revenue, receivable, liability accrual accounts, etc.

• Analyzes for significant fluctuations in account activity and account balances. Researches the nature and causes of variances and fluctuations in these accounts.

• Performs analysis independently with limited direction and supervision.

• Presents findings and recommendations to other business areas and management.

• Determines and performs appropriate correction of transactions if found to be in error.

• Prepares miscellaneous supporting schedules and reports such as supporting schedules to support monthly close process, reports used to support statutory filings, audit support for both internal and external audit requests, and other ad hoc reports.

• Performs all other miscellaneous responsibilities and duties as assigned or directed.