Senior Financial Accountant at Elevance Health

Taguig, Metro Manila, Philippines

Elevance Health Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • BA/BS in Accounting or related field
  • 5 years of experience in general accounting, financial controlling, and similar functions in a multinational company (or equivalent combination of education and experience)
  • CPA, CFM, CMA, or MBA preferred
  • Prior leadership or management experience a plus

Responsibilities

  • Ensure accurate and timely postings of all journal entries, compliant to applicable standards and policies (e.g., DOA, bank mandates), with complete and valid supporting documents
  • Proper booking of CAPEX, considering related reporting requirements (e.g., asset count, depreciation schedule, lapsing schedule, PEZA ITH validation, OTC reporting)
  • Minimize (if not avoid) mispostings, posting reversals, reclassifications
  • Review and approval of AP and Journal vouchers
  • Timely issuance of billing and posting of collections
  • Timely and accurate posting of accruals, with proper supporting documentation
  • Timely closing of month-end period
  • Timely preparation and review of monthly balance sheet reconciliation; no unidentified reconciling items; reconciling adjusting entries before the next balance sheet reconciliation
  • Perform quarterly balance sheet review
  • Main liaison for year-end statutory audit
  • Stewardship of the filing system and accounting files; analyze and recommend filing processes that ensure ease of tracking and efficient use of onsite filing facilities
  • Identify internal control weaknesses and recommend remediating steps

Skills

Key technologies and capabilities for this role

Journal EntriesCAPEX BookingBalance Sheet ReconciliationAccrualsMonth-End ClosingYear-End AuditAP VouchersInternal ControlsFinancial ReportingDepreciation Schedules

Questions & Answers

Common questions about this position

What qualifications are required for the Senior Financial Accountant role?

A BA/BS in Accounting or related field and 5 years of experience in general accounting, financial controlling, or similar functions in a multinational company are required. CPA, CFM, CMA, or MBA are preferred, and prior leadership or management experience is a plus.

What are the main responsibilities of this position?

Responsibilities include ensuring accurate journal entries, proper CAPEX booking, reviewing AP and journal vouchers, timely accruals and month-end closing, balance sheet reconciliations, and acting as liaison for year-end audits.

Is the Senior Financial Accountant role remote or office-based?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

What makes a strong candidate for this Senior Financial Accountant position?

Candidates with a BA/BS in Accounting, 5+ years in general accounting in a multinational setting, CPA or similar certifications, and leadership experience will stand out.

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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