Job Description

LET’S DO GREAT THINGS, TOGETHER

Founded in Oregon in 1955, Moda is proud to be a company of real people committed to quality. Today, like then, we’re focused on building a better future for healthcare. That starts by offering outstanding coverage to our members, compassionate support to our community and comprehensive benefits to our employees. It keeps going by connecting with neighbors to create healthy spaces and places, together.

Moda values diversity and inclusion in our workplace. We aim to demonstrate our commitment to diversity through all our business practices and invite applications from candidates that share our commitment to this diversity. Our diverse experiences and perspectives help us become a stronger organization. Let’s be better together.

Moda Health is seeking a GL Accountant that will be responsible for working with a team of 3 other accountants on the preparation of the accounting and reporting for the Company’s 4 regulated insurance entities. This is a newly created position, joining the mentioned team of 3 due to Moda’s expanding portfolio of insurance product offerings. You will report to a Financial Accounting Supervisor and work collaboratively with the GL team of approximately 15 to ensure the complete and accurate accounting and reporting of the Company’s financial data for multiple companies regulated by the National Association of Insurance Commissioners. Additionally, you will regularly interact with a broader group both in and out of the Accounting department, as well as interface with various financial stakeholders external to the Company.

PRIMARY FUNCTIONS:

01. Ensure the integrity of the GAAP general ledger by preparing various aspects of the monthly financial close for the Company’s insurance entities. This will include detailed journal entry preparation and analysis of financial results.

2. Ensure that 100% of account reconciliations are completed monthly for assigned accounts. Further, must have ability to create/propose appropriate reconciliations for new accounts or processes as needed (i.e. assess appropriateness of ending account balance and develop reconciliation approach).

3. Prepare payment (check and ACH) requests for these entities that are owned by the Accounting department; maintain calendar schedule of recurring payment due dates.

4. Work to build understanding of business operations for assigned entities in order to anticipate financial statement trends. Ability to elevate anticipated financial issues or ideas to management as appropriate.

5. Demonstrate high levels of independent ownership, in addition to working collaboratively with the department, in order to maintain adherence to close calendar, both for monthly close as well as quarterly and annual close.

06. Work with other departments as necessary to ensure financial statements are complete and accurate; work to understand and/or test the completeness and accuracy of key sources of data (key reports, key spreadsheets, etc.).

7. On a quarterly basis, work with team members on the preparation of SAP basis financial statements to be filed with the Oregon Division of Financial Regulation, the National Association of Insurance Commissioners, and AM Best. These time periods involve extra workload and flexibility to meet deadlines is required. 

8. Independently prepare various schedules, including standalone entity financial statements, in support of the annual external audit, when assigned.

 9. Perform and document relevant Model Audit Rule (MAR) controls as determined necessary.

10. Stay informed of current accounting issues, including both GAAP and SAP.

11. Demonstrate continuous effort to exhibit ownership over key responsibilities, improve operations, and streamline work processes to create efficiencies.

12. Perform other duties or projects as assigned. 

​​ ARE YOU READY TO BE A BETTERIST?   If you’re ready to make a difference that matters, we want to hear from you. Because it’s time to discover what’s possible.   Together, we can be more. We can be better.   Moda Health seeks to allow equal employment opportunities for all qualified persons without regard to race, religion, color, age, sex, sexual orientation, national origin, marital status, disability, veteran status or any other status protected by law.