Staff Accountant - Cash and Bank Accountant

Title: Staff Accountant (Cash & Bank Accountant)

Location: Bangalore United States

Job Description:

Overview

CASH & BANK ACCOUNTANT or ACCOUNTANT:

ABOUT HEALTHEDGE:

HealthEdge is a leading software company that provides innovative solutions to the healthcare industry, specifically focusing on the payer side of the market. Headquartered in Burlington, Massachusetts, HealthEdge offers a platform of solutions that helps health plans manage their core administrative processes more efficiently and effectively.

The company offers a comprehensive and modern system that addresses the complex needs of health plan administration, including claims processing, benefit administration, and member and provider management. HealthEdge is known for its "modern, connected, and intelligent" approach, utilizing advanced technologies to help clients reduce costs, improve operational efficiency, and enhance compliance.

HealthEdge caters to a wide range of clients, from small startups to large, established health insurers, enabling them to transition from legacy systems to a more flexible and adaptable platform.

CASH & BANK ACCOUNTANT or SR. ACCOUNTANT:

The C&B accountant in this role will report to Treasury and cash & bank lead function under finance and accounting organization. He / She will be responsible to manage the postings of bank transactions either automatically or manually and initiate vendor payments, foreign currency payment and other statutory payments. Perform bank reconciliations on weekly and monthly basis and drive / support process automations.

ROLES & RESPONSIBILITIES:

• Manage bank statement postings using MT940 Standardized swift format electronic bank statements in ERP & manual bank statement posting where MT940 integration is not possible.
• Timely reconciliations of bank accounts and clearing of open / uncleared items.
• Preparation and monitoring of payment transfers and work towards resolving errors if any.
• Outbound and Inbound payment processing
• Manage intercompany clearing process (TBC)
• Answering any queries external and internal stakeholders
• Connect with local, national and international banking partners for resolving the technical issues.
• Taking part in month-end closing process
• Cross-functional collaboration with other finance and non-finance team.
• Preparing reports and analysis
• Assuring process compliance with corporate policies and regulatory guidelines
• Inter/Co Netting Off of Receivable & Payable and manage the double posting between the
• Manage cash pooling of balances to central treasury accounts.
• Manage funding to subsidiary accounts based on cash forecast
• Ensure compliance with applicable Government and FEMA regulations.

KEY COMPETENCIES:

Professional experience in the field of accounting / bookkeeping with specialization in the field of Cash & Bank and Treasury operations. Should have minimum of 3-5 years of experience in managing the treasury and Cash & bank operations.

• University degree in Finance or Accounting
• Very good command of spoken and written English
• Good knowledge of accounting systems (e.g. SAP, Oracle etc.)
• Good knowledge of MS Office
• Methodical approach to work with a strong focus on accuracy, attention to details, consistency and quality
• Able to demonstrate excellent customer/client facing skills
• Strong problem solving and analytical skills, can clearly explain and present problems and issues to others and contribute to their resolution
• Should be a strong team member.

We offer:  

• Opportunity for professional development
• Work in an international and dynamic company
• Friendly working atmosphere

Work Environment:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job:

• The employee is occasionally required to move around the office. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
• Work across multiple time zones in a hybrid or remote work environment.
• Long periods of time sitting and/or standing in front of a computer using video technology.
• May require travel dependent on company needs.

The above statements are intended to describe the general nature and level of the job being performed by the individual(s) assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. HealthEdge reserves the right to modify, add, or remove duties and to assign other duties as necessary. In addition, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position in compliance with the Americans with Disabilities Act of 1990.  Candidates may be required to go through a pre-employment criminal background check.

HealthEdge is an equal opportunity employer. We are committed to workforce diversity and actively encourage all qualified persons to seek employment with us, including, but not limited to, racial and ethnic minorities, women, veterans and persons with disabilities.