Accounting Analyst I

HMSA is a company that provides health insurance services, and they are seeking an Accounting Analyst I to perform financial analysis and support management in decision-making. The role involves preparing financial statements, ensuring compliance with regulations, and conducting complex financial data analysis. Responsibilities Reviews and conducts analysis of financial statements for HMSA and other related entities in an accurate and timely manner. This includes preparation, summarization, and maintenance of source data in various subsystems of financial data. Compiles data that is obtained from other F/A units and other HMSA departments. Conducts analysis by applying the appropriate Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP). Analyzes and interprets applicable laws/regulations and implements procedures to ensure compliance Prepares internal financial statements for audit by the external auditors. This includes the stand alone HMSA financial statements as well as the consolidated HMSA and/or subsidiary financial statements: balance sheet, statement of operations, statement of cash flows and the related footnote disclosures Performs complex analysis of financial data for both revenue and expenses for HMSA and all of its subsidiary/affiliate companies. 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 management. Performs various reconciliation of financial information from source data to reported amounts Analyzes and summarizes accounting transactions related to various HMSA contracts/programs to ensure proper recordation into the general ledger for these programs. Communicate effectively with other departments to gather this information. Provides assistance and performs research for various external and internal audits Performs all other miscellaneous responsibilities and duties as assigned or directed Skills Bachelor's degree and one (1) year of related experience; or equivalent combination of education and experience Ability to analyze financial transactions, prepare financial statements, and reconcile amounts to source documents Knowledge of Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS), health care accounting, mainframe accounting and software systems Intermediate working knowledge of Microsoft Office applications, including but not limited to Word, Excel, Outlook, and Access Company Overview HMSA is an insurance company that provides affordable health plans, employee benefits services and worksite wellness programs. It was founded in 1938, and is headquartered in Honolulu, Hawaii, USA, with a workforce of 1001-5000 employees. Its website is