Sr Financial Reporting Analyst Job Listing at Medical Mutual in Brooklyn, OH (Job ID 2500085)

Description

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.

Provides complex analysis and accurate and timely financial information.  Generates management reports and interfaces with corporate departments where necessary.  Works independently to solve problems, complete special projects, and conduct monthly activities.  Acts as a best practice/quality resource for colleagues with less experience and guides others in resolving complex issues.  Trains and mentors less experienced staff members.

This position has the option to work hybrid; Greater Cleveland, Ohio area residents preferred. 

Responsibilities

• Responsible for completing projects throughout the year including but not limited to:
• Provides accounting integration support post acquisitions.
• Performs complex research and studies as needed (examples include rates of return, depreciation, investments, and other areas as required).
• Creates financial models of "what if" scenarios for business planning decisions relative to new products, new territories, new projects, and other important aspects of the Company's business.
• Creates slide decks for management presentations as needed.
• Evaluates processes for inefficiencies and proposes/implements solutions.
• Supports the Enterprise Risk Management (ERM) Committee:
• Sets agenda and attends monthly ERM Committee meetings.
• Gathers required information from various departments companywide and completes the ORSA report annually.
• Leads Month-End Close Reporting:
• Assists in the preparation and review of monthly journal entries and account reconciliations to support the financial reporting team.
• Creates monthly financial reports for the VP group and the Board highlighting meaningful trends and related causes.
• Supports Year-End Audit:
• Compiles information from teams across Finance to produce the annual Audited Financial Statements for GAAP and Statutory.
• Works with auditors to clear Financial Statement comments and provide other audit support as needed.
• Trains and coaches new team members.  Serves as main point person for team questions, issues and process improvements.
• Provides guidance with complex situations and is recognized as a subject matter expert. Elevates issues to management and proposes solutions when necessary.
• Performs other duties as assigned.

Qualifications

Education and Experience:

• Bachelor's degree with Accounting, Finance, or Business Administration major required.
• 5 to 7  years progressive accounting or finance experience.
• MBA  preferred.

Professional Certification(s):

• Certified Public Accountant (CPA) or equivalent preferred.

Technical Skills and Knowledge:

• Advanced MS Office skills, including  MS Access.
• Advanced knowledge of accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties.
• Advanced knowledge of rates of return, depreciation, investments, portfolio covariance analysis.
• Proficient in the use of other automated accounting systems and an ability to serve as a training resource to junior staff members relative to the relevant systems.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Whether you are working remote or in the office, employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance — insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.