Healthplanone - Trumbull, CT
posted 3 months ago
HealthPlanOne's mission is to help people find the right health insurance at the right price, so they live healthier lives. We are committed to making the shopping process simpler. Our mission has never been more important than it is today. The Accounting Manager is a highly motivated and strong leader that manages the activities of the accounting department efficiently and timely. This position is responsible for managing the month-end accounting close process, reviewing and approving journal entries and ensuring that reconciliations are prepared, approved and posted to the ERP system (Workday). This position is also responsible for conducting and approving bank transactions and effective working capital management (Billing, Receivables, Payables and Cash Management). The Accounting Manager is the primary liaison with the Company's external auditors and outside tax advisors and will help design, implement, and manage effective internal control systems as well as helping to ensure that the new Workday ERP is configured effectively to help streamline departmental processes. The Accounting Manager will have direct responsibility for supervising an accounting team as well as the accounts payable function. This role requires a proactive approach to managing the monthly financial close process, ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations, and report preparation. The successful candidate will create and execute a plan to shorten the month-end close process to 6 business days and design effective reconciliation procedures for all general ledger accounts. Additionally, the Accounting Manager will assist with the preparation of the month-end reporting pack for balance sheet and cash flow, including variance analysis, and participate in the ongoing development and establishment of accounting policies and procedures. As the primary liaison for external auditors, the Accounting Manager will coordinate and ensure that all audits are managed timely and efficiently. Collaboration with tax advisors is essential to ensure that all requisite regulatory and tax filings are completed on a timely basis for all state and local agencies where the Company conducts business. The role also involves maintaining the hierarchy and scalability in the chart of accounts, ensuring accuracy in the general ledger and financial statements, and having ultimate authority over classification and booking of all transactions. The Accounting Manager will also be responsible for reviewing, approving, and processing cash disbursement transactions, ensuring proper segregation of duties and appropriate internal controls, and assisting with enhancements and configuration changes to the new Workday ERP solution.