Reporting and Audit Specialist (2385367)

Indiana State Job Bank

Fishers, IN 46038

Posted 4 weeks ago

Job Description

We are excited to welcome aReporting and Audit Specialistto our team! Key Benefit Administrators is consistently named a Top Workplace by our employees year after year, and we would love to learn more about you and your career goals through this application process!Creating a Top Workplace is about more than offering great benefits and vacation time. It's about organizational health. Employees want to align with the company's vision, be challenged by a high-performance culture, and feel that they are valued and that their voices are heard.At Key Benefit Administrators, we believe in delivering a Wow level of service to our valued clients and living up to our mission of improving people's health through high quality, cost-effective care. Family culture, supportive work relationships, high quality training and personal development are part of our DNA and we are looking for the right individual to join us!If you are passionate about delivering high quality service and would like to be part of our supportive family culture - we want to hear from you. The Reporting and Audit Specialist position includes a comprehensive benefit package.Reporting and Audit Specialist Overview:The Reporting and Audit Specialist will ensure that all Fully Insured Carrier funds are properly appropriated and reported within our financial and claims processing systems so that Key Benefit Administrators fulfills its fiduciary and contractual responsibilities as a third party administrator.Reporting and Audit Specialist Essential Duties and Responsibilities:Follow all reporting procedures and templates for financial report creation for all TPA Carrier Relationships as it pertains to Key Benefit Administrators administrative platforms.Assist in compiling necessary financial documentation for Key Benefit Administrators Internal Auditors and Carrier Partner contacts during external financial audits. Coordinate with Reporting Lead and department managers to obtain all necessary data and information.Reporting and Audit Specialist will assist with SSAE16 internal testing and other administrative platform system testing.Assist as required with scheduled periodic reviews of TPA Carrier Reporting for additional product reporting requirements.Evaluate and prepare premium distribution rules for entry into Key Benefit Administrators Administrative Platforms. Audit rule output against Carrier Requirements on financial reporting.Examines the accuracy and completeness of distributions for internal control.Complete Trial Balances and examine accuracy of financial reports generated; report audit findings and recommendation to Team Lead.Identify automation and process improvement ideasPrepare monthly PPO reports for carriers using specific procedures and templatesPrepare monthly Vendor reporting for A/P to issue paymentLoad A/P files into check writing softwareKeep A/P checks written reports currentComplete monthly bank reconciliations for specific carriers using specific procedures and templates while being able to problem solve and identify anomalies each monthUsing specified processes, identify stale dated checks and submit them for escheatment while keeping accurate records, and keeping tabs on what step in the process the check is currently in at all timesPerform audits at a group level of payments distributed vs. A/P transactions written.Perform other work-related duties as assigned.Support the KBA Core ValuesReporting and Audit Specialist Competencies, Knowledge, Skills and Abilities:Excellent accounting skills and must be able to reason mathematically.Ability to work in a team environment that is cross-functional and inter-departmental.Analytical approach to solving problems and understanding statistics and reports.Attention to detail with ability to organize, track, and report work and manage multiple tasks.Working knowledge of Microsoft Office products (Excel, Word, Access).Ability to compare and evaluate information from various sources and determine the correct

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