Financial Accounting Analyst Senior at Elevance Health

Indianapolis, Indiana, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Finance, InsuranceIndustries

Requirements

BA/BS in Accounting or Finance, or related field
Minimum of 5 years’ experience in general accounting, finance, or budgeting and planning in a large for-profit organization (or equivalent combination of education and experience)
Reside within a reasonable commuting distance from the posting location(s) (unless accommodation granted as required by law)
If assigned to Government Business Division: comply with additional requirements including stringent background checks/government clearances, segregation of duties, role-specific training, monitoring of daily job functions, and sensitive data handling

Responsibilities

Provide technical leadership and set strategic direction of projects
Oversee accounting, reporting, and analysis for the company’s investment portfolio across assigned legal entities, ensuring accuracy and compliance with GAAP and Statutory requirements
Lead accounting and reporting processes for Joint Ventures and Strategic Investments, including equity method accounting, valuation assessments, and consolidation analysis
Administer and maintain the Clearwater LPx investment accounting system, ensuring data integrity, timely reconciliations, and accurate financial reporting outputs
Prepare and review journal entries, account reconciliations, and investment-related financial reports to support month-end, quarter-end, and year-end close processes
Research complex accounting issues related to investments, derivatives, and partnership structures; prepare technical position memos to document conclusions and support policy decisions
Partner with Finance leadership to interpret results, identify trends, and provide insights that inform investment strategy and performance reporting
Drive process improvement initiatives to enhance accuracy, automation, and efficiency within investment and joint venture accounting operations
Mentor, train, and guide junior accountants on investment accounting practices, systems, and reporting methodologies

Skills

GAAP

Statutory Accounting

Equity Method Accounting

Valuation Assessments

Consolidation Analysis

Clearwater LPx

Journal Entries

Account Reconciliations

Financial Reporting

Derivatives Accounting

Elevance Health

Integrated health services and digital platform

About Elevance Health

Elevance Health focuses on enhancing the health of individuals throughout their lives by evolving from a traditional health benefits organization into a comprehensive health partner. The company serves over 118 million people, providing support at every stage of health through an integrated approach that addresses a wide range of health needs. Their services are backed by advanced capabilities and a digital health platform that streamlines access to care. Unlike many competitors, Elevance Health emphasizes a holistic view of health, aiming to redefine health and improve community well-being. The ultimate goal is to make health improvements accessible to everyone.

Indianapolis, IndianaHeadquarters

1944Year Founded

$309.4MTotal Funding

IPOCompany Stage

Enterprise Software, Social Impact, HealthcareIndustries

10,001+Employees

Benefits

Medical, dental, & vision insurance

401(k) + match

Paid holidays

Paid Time Off

Incentive bonus programs

Stock purchase plan

Life insurance

Wellness Programs

Financial education resources

Adoption & Surrogacy Assistance

Dependent-care Flexible Spending Account (DCFSA)

Parental Leave

Parental Transition Week

Critical Caregiving Leave

Risks

Departure of CFO John Gallina may create a gap in financial leadership.

Lawsuit against CMS over MA Star Ratings could lead to financial penalties.

CareBridge integration may face operational challenges, disrupting service delivery.

Differentiation

Elevance Health integrates whole health approach with digital health platform for comprehensive care.

Acquisition of CareBridge enhances home health services within Carelon division.

Strategic partnership with Clayton, Dubilier & Rice aims to innovate primary care delivery.

Upsides

AI integration in home health services can reduce hospital readmissions and improve outcomes.

Predictive analytics support early disease detection, aligning with Elevance's whole health approach.

Telehealth expansion offers opportunities to reach more patients remotely.

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