Senior Accountant

Job Description

Prominence Health is a value‑based care organization bridging the gap between affiliated health systems and independent providers, building trust and collaboration between the two. Prominence Health creates value for populations and providers to strengthen integrated partnership, advance market opportunities, and improve outcomes for our patients and members. Founded in 3, Prominence Health started as a health maintenance organization (HMO) and was acquired by a subsidiary of Universal Health Services, Inc.

(UHS) in 4. Prominence Health serves members, physicians, and health systems across Medicare, Medicare Advantage, Accountable Care Organizations, and commercial payer partnerships. Prominence Health is committed to transforming healthcare delivery by improving health outcomes while controlling costs and enhancing the patient experience.

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Under the direction of the CFO, Controller, and Manager of Accounting, the will support a variety of financial reporting and accounting related duties including preparation and review of month‑end journal entries, GAAP and statutory reporting, analysis and conversions, audit support and documentation, and regulatory inquiries and submissions. He/she will assist management in researching NAIC, DOI, US GAAP, SAP, and AICPA reporting requirements, including interpretation of such materials to comply with regulatory reporting requirements, and submitting monthly, quarterly and annual filings.

Specifically, the successful candidate will:

• Evaluate new transactions and products to determine how they should be treated under statutory accounting principles
• Assist in the preparation of statutory financial statements and disclosures, ensuring accuracy and compliance with statutory accounting policies
• Assist with statutory audits and coordinate the audit schedule
• Ensure compliance with statutory regulations and state and local reporting requirements

The Senior Accountant will also collaborate with internal and external resources including accounting staff and relevant contractors/vendors, to effectively discharge their duties and provide timely and relevant decision‑making materials, and recommendation to senior management. He/she is expected to work closely with other members of the finance team as well as other business units within the organization.

• Loan Forgiveness Program
• Challenging and rewarding work environment
• Competitive Compensation & Generous Paid Time Off
• Excellent Medical, Dental, Vision and Prescription Drug Plans
• (K) with company match and discounted stock plan
• SoFi Student Loan Refinancing Program
• Career development opportunities within UHS and its + Subsidiaries!
  · More information is available on our Benefits Guest Website:

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. During the year, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; and listed in Forbes ranking of America’s Largest Public Companies. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.

Qualifications and Requirements:

• BA/BS in Finance, Accounting, Business, Economics, or related field required. Master's degree preferred. Professional certification such as CPA, CFA, CMA, or similar is preferred.
• Minimum 2 years of experience in an accounting related role within a health insurance organization;
  Medicare Advantage experience is a plus
• Strong working knowledge of Generally Accepted Accounting Principles (GAAP), Statement of Statutory Accounting Principles (SSAP), AICPA standards, and/or other Federal and State regulations
• Ability to translate complex financial data and analysis into reports and presentations along with demonstrated ability to effectively interact with a diverse and broad range of internal and external stakeholders.
• Experience with MS Excel, use of data analysis functions, ability to create standard and ad hoc reports, presentations, charts, and graphs; knowledge of ERP software or related systems is strongly preferred.
• Strong plan execution skills with the ability to respond to multiple competing priorities.
• Ability to effectively communicate in English, both verbally and in writing.
• High energy, positive attitude that encourages productive, collaborative behavior among colleagues and staff.