Senior Accountant or Trainee (NY HELPS) - 79552

NY HELP Yes Agency Health, Department of Title Senior Accountant or Trainee (NY HELPS) - 79552 Occupational Category Financial, Accounting, Auditing Salary Grade 18 Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF) Salary Range From $46529 to $77912 Annually Employment Type Full-Time Appointment Type Permanent Jurisdictional Class Competitive Class Travel Percentage 5% Workweek Mon-Fri Hours Per Week 37.5 Workday From 9 AM To 5 PM Flextime allowed? No Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? Yes County Albany Street Address OHIP - Division of Health Plan Contracting and Oversight One Commerce Plaza City Albany State NY Zip Code 12210 Minimum Qualifications Current Department of Health (DOH) employee with permanent or contingent-permanent competitive status as a Senior Accountant, G18 OR current NYS employee with one year or more of permanent or contingent-permanent, competitive service in a title at or above G18 and eligible to transfer to Senior Accountant, G18 under Section 70.1 of the Civil Service Law; OR current NYS employee with one year or more of permanent or contingent-permanent, competitive service in an accounting, auditing or fiscal traineeship at the G14 or G16 level and eligible to transfer to an Accountant Traineeship under Section 70.1 of the Civil Service Law.Non-Competitive (HELPS) Minimum Qualifications: Accountant Trainee 1: A bachelor's or higher degree in accounting, auditing, or taxation; OR a bachelor's or higher degree with 24 semester credit hours in accounting, auditing, or taxation courses.Accountant Trainee 2: A bachelor's degree in accounting, auditing, or taxation or a bachelor's degree with 24 semester credit hours in accounting, auditing, or taxation courses and one year of professional experience in accounting/auditing or financial internal or field auditing, where you were responsible for the full range of activities in the design and/or review, analysis and management of accounting systems, resulting in the preparation of, or recommendations on, financial statements in accord with generally accepted accounting principles.Senior Accountant,: A bachelor's degree in accounting, auditing, or taxation or a bachelor's degree with 24 semester credit hours in accounting, auditing, or taxation courses and two years of professional experience in accounting/auditing or financial internal or field auditing, where you were responsible for the full range of activities in the design and/or review, analysis and management of accounting systems, resulting in the preparation of, or recommendations on, financial statements in accord with generally accepted accounting principles. Note that courses such as business law, economics, statistics,and most finance courses, although taken as part of anaccounting curriculum, cannot be counted toward the 24semester credit hours. A master’s degree in accounting, auditing, or taxationsubstitutes for one year of qualifying experience.Preferred Qualifications: Critical thinking skills, analytical skills with Microsoft Excel, ability to solve problems independently. Professional work experience and/or education in healthcare and trend analyses. Duties Description The Senior Accountant G-18 will play a vital role on the Contracting and Fiscal Oversight team ensuring that Managed Care Organizations (MCO’s) meet mandated fiscal, regulatory and policy compliance standards and submit cost report and financial information, as necessary, in accordance with regulatory and statutory requirements. Duties will include but are not to be limited to:Review quarterly and annual financial reporting for managed care plans, including Medicaid Managed Care Operating Reports (MMCORs), Medical Loss Ratio (MLR), Annual Certified Audited Financial Statements and NYS Escrow Fund bank statements submitted by managed care plans. Review Managed Care Organizations (MCOs) filings and data for compliance with State and Federal regulations, along with notifying supervisory staff to provide outreach to ensure fiscal reporting requirements are met. Monitoring the financial condition and solvency of MCOs, including analysis of their financial operations and compliance with financial reporting for compliance with Public Health Law, regulations, and policies. Reviewing and evaluating equity transfers, such as dividend requests, asset transfers, and surplus note repayments. Using their MCO access to the State proprietary MMCOR software reports on the Health Commerce System (HCS) to evaluate fiscal solvency and other regulatory transactions. Communicating report findings and work with MCOs to improve compliance in all areas of fiscal reporting and data submission. Additional Comments We offer a work-life balance and a generous benefits package, worth 65% of salary, including: Holiday & Paid Time Off Public Service Loan Forgiveness (PSLF) Pension from New York State Employees’ Retirement System Shift & Geographic pay differentials Affordable Health Care options Family dental and vision benefits at no additional cost NYS Deferred Compensation plan Access to NY 529 and NY ABLE College Savings Programs, and U.S. Savings Bonds And many moreFor new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts. The NYS Department of Health is committed to making New York a safer, healthier, and more equitable place to live. Understanding health equity, social determinants of health and health disparities is critical to accomplish our goal of eliminating health disparities. For more information on the NYS Department of Health’s Mission, Vision, Values and Strategic Plan, please visit: https://health.ny.gov/commissioner/index.htm Some positions may require additional credentials or a background check to verify your identity.Name Human Resources Management Group, SPD/SnrAcct/79552 Telephone 518-486-1812 Fax 518-473-3395 Email Address [email protected] Address Street RM 2217, Corning Tower, ESP City Albany State NY Zip Code 12237 Notes on Applying Please submit your resume and cover letter as one (1) document, preferably in PDF format, by email to [email protected], with Reference SPD/SnrAcct/79552 included in the subject line or by mail to Human Resources Management Group, SPD/SnrAcct/79552, Rm 2217, Corning Tower Building, Empire State Plaza, Albany, NY 12237-0012, or by fax to (518) 473-3395. Failure to include the required information may result in your resume not being considered for this position.