Location:
1900 Aldrich Street
Austin, Texas, 78723
United States
Health Benefits Accountant or Senior
| Requisition ID: |
req1145 |
Employment Type: |
Unclassified Regular Full-Time (URF) |
| Division: |
Health Finance |
Compensation: |
Dependent on Qualifications |
| Location: |
Alpha Office |
Job Closing: |
11/14/2024 5:00pm |
WHO WE ARE:
With the Health Division, you’ll be joining a passionate team of self-motivated change agents united by our mission: driving to design the delivery of high-quality healthcare for nearly three-quarters of a million active and retired Texas public educators.
The healthcare industry is complex and we’re a team of problem-solvers who are up for the challenge. With a focus on innovation and collaboration to catalyze the market, we spend nearly $4 billion annually on healthcare to make a difference in our members’ lives. With a career at TRS, you’ll be empowered through a culture of continuous learning, front-line decision-making, coaching and mentorship to shape the future of our work, while transforming healthcare delivery for 1 in 41 Texans.
The Health Benefits Accountant is responsible for performing financial accounting work for TRS's Health division. The incumbent will track and maintain health care related financial activities, provide data and reports on health care finances, calculate and submit accounting entries and reconciliations. This position will proactively work with the Health Finance team, Health staff, and agency employees.
The Senior Health Benefits Accountant is responsible for overseeing and producing healthcare benefits financial and accounting work. The incumbent will be responsible for developing and monitoring health care related financial reports, prepare, review, and analyze various financial or benefit payment related reports, and perform complex accounting entries and reconciliations. This position proactively works with the Health Benefits Accounting team, Health staff, and agency employees.
This a primarily remote position that will occasionally require the selected applicant to report to the TRS offices, located in Austin, TX, based on business needs. All applicants must reside in the state of Texas upon employment and continue to reside in Texas throughout employment with TRS.
Position posted at two levels (Health Benefits Accountant and Senior Health Benefits Accountant). Selected applicant will be offered the position level that most closely matches their education and experience.
Salary Range
Health Benefits Accountant: $73,790 - $92,237 Annually
Senior Health Benefits Accountant: $89286 - $111,608 Annually
WHAT YOU WILL DO:
Health Care Related Financial Activities
• Reviews TRS Care and TRS ActiveCare invoices for accuracy and compliance and routes for approvals.
• Tracks and reports payments to all health care vendors.
• Maintains clear lines of communication with external vendors and the internal TRS payables team.
• Monitors funds due from vendors to ensure that money is collected in a timely manner.
• Calculates and prepares IRS tax forms for the Affordable Care Act.
• Provides data for the Comprehensive Annual Financial Report.
• Maintains and develops procedures for vendor payments to comply with agency policies.
Accounting Entries and Reconciliations
• Calculates and submits month and year-end accrual entries to TRS's General Accounting group.
• Reconciles internal Health records to revenue and expense accounts in the general ledger.
• Submits correcting accounting entries when necessary.
• Participates on accounting related agency committees and special projects as assigned.
• Prepares monthly reconciliations on claim payment accuracy. (Senior)
• Prepares quarterly reconciliations on prescription drug rebate revenue accuracy. (Senior)
Data Query and Analysis (Senior)
• Designs and executes SQL queries in the Health Data Warehouse to extract data to be analyzed and reconciled.
• Analyzes current and historical Health financial reports to identify trends among key metrics and recommend actions.
• Develops process improvements to streamline report writing for efficiency.
• Explains variances in key metrics to make informed recommendations.
• Prepares and analyzes budgets comparing planned budget against the actual results.
Financial Statements and Reporting (Senior)
• Develops and prepares regular and special financial analyses, schedules, and related financial reports for budgetary and administrative use, to ensure complete and accurate financial planning and reporting.
• Coordinates the Annual Comprehensive Annual Financial Report (ACFR) preparation and audit.
• Coordinates with staff and external vendors to identify cost-saving measures and increase revenue.
• Coordinates and tracks healthcare claims and administrative fee invoices for payment.
• Researches and compiles ad hoc financial accounting reports and/or analysis.
• Performs related work as assigned.
WHAT YOU WILL BRING:
Required Education
• Bachelor's degree from an accredited college or university in accounting, finance or a closely related field.
• High school diploma or equivalent and additional full-time experience in accounting, financial statement preparation, financial analysis, or related experience requiring compilation, reconciliation, and/or analysis of detailed financial information or similarly related experience may be substituted on an equivalent year-for-year basis.
• A master's degree or doctoral degree in a directly related field may be substituted on an equivalent year-for-year basis.
Required Experience
• Four (4) years of full-time directly related, progressively responsible experience in accounting, financial statement preparation, financial analysis, or related experience requiring compilation, reconciliation, and/or analysis of detailed financial information.
• Six (6) years of full-time directly related, progressively responsible experience in accounting, financial statement preparation, financial analysis, or related experience requiring compilation, reconciliation, analysis of detailed financial information or similarly related experience. (Senior)
Preferred Qualifications
• Recent experience in accounting, business finance, auditing, or actuarial services.
• Advanced degree in accounting, finance, or closely related field. (Senior)
• CPA or working towards passing CPA examination. (Senior)
Knowledge of
• Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and Financial Accounting Standards Board (FASB) statements.
Skill in
• Analyzing detailed accounting records, troubleshooting associated problems, and interpreting and applying applicable laws, policies and procedures.
• Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and completing detailed work with a high degree of accuracy.
• Using a computer in a Windows environment with Microsoft Office word processing, spreadsheet, and other business software.
• Advance proficiency in Excel, specifically with formulas.
• Effective written and verbal communications, including explaining complex information to others in an understandable manner, and writing clear and precise policies, procedures, and correspondence.
• Completing detailed work with a high degree of accuracy.
Ability to
• Meet frequent and multiple deadlines, manage conflicting priorities and demands, and adapt to changes in schedules and assignments.
• Think critically, analyze problems, evaluate alternatives, and recommend effective solutions.
• Establish and maintain harmonious working relationships with co-workers, agency staff, vendors and other external contacts and to work effectively in a professional team environment.
• Learn new tools and concepts and apply them when necessary.
• Work effectively in a professional team environment.
Military Occupational Specialty (MOS) Codes:
Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty (
https://www.trs.texas.gov/files/trs-military-crosswalk.xlsx
) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at
careers@trs.texas.gov
with questions or for additional information.
To view all job vacancies, visit www.trs.texas.gov/careers
or www.trs.csod.com/careersite.
For more information, visit www.trs.texas.gov.
