Accountant Senior

Minneapolis, Minnesota
May 27, 2021
Aug 20, 2021
Employment Status
Full Time
Health Care that Starts with You!

Join a truly mission-driven organization! Independent, nonprofit UCare is recognized as one of the Minnesota's leading health plans. We provide more than 225,000 members across Minnesota and western Wisconsin with the health coverage plans and services they need to maintain and improve their health. The innovative coverage we create makes a difference for Medicare-eligible individuals, individuals and families enrolled in Minnesota Health Care Programs, such as MinnesotaCare and Medical Assistance, and disabled adults with special health care needs.

UCare is growing in size, membership, products, geographic coverage, and employees. We're an organization that's going places. Be part of a team that cares about you, be part of UCare.


Enter a highly collaborative environment where people are truly engaged, and feedback is valued. You'll enjoy a competitive salary and benefits, as well as a host of other perks, including a nationally recognized wellness program, and a bright, open, award-winning office space in Northeast Minneapolis just minutes from major freeways and retail centers.

At UCare, we welcome and employ a diverse employee group committed to meeting the needs of UCare, our members, and the communities we serve.




UCare offers Medicare, Medicaid, Individual and Family health plans - powered by the hardest working people in the industry. Our people powered teams de-complicate, advocate and always go the extra mile to help our members. We serve with integrity, compassion and commitment to do right by members, providers and government partners. Above all, we come to work excited to provide members a path for the best health of their lives.


Working at UCare is more than a career; it's a mission. A mission that defines us as professionals, unites us as an organization and shapes how we interact with our members and each other. Employees join UCare and stay because of the opportunity to have a purpose-driven job.

Our strong culture has established UCare as a Star Tribune Top 150 Workplace for 12 consecutive years since the awards program began. It's a culture that embraces innovative ideas, strategic partnerships, and exemplary customer and provider experiences. Working at UCare is being a part of a people powered team dedicated to making a real difference in the lives of our members and communities.


Position Description

This position is responsible to perform monthly accounting activities; including journal entries, account reconciliations, and administrative expense analysis. Responsible for internal monthly financial reporting packages owned by the Accounting Department. Prepare regulatory filings and reporting packages for areas of responsibility. Complete the annual 990 Return. Assist in the budget process. Support Accounting leaders with ad hoc analysis, financial projections, or special projects.

• Responsible for timely and accurate preparation of assigned journal entries. Ensuring the balance has proper support and files have appropriate levels of controls. Ensuring the use of generally accepted accounting principles (GAAP) and statutory accounting principles (SAP).

• Responsible for preparation of timely and accurate assigned account reconciliations which encompasses adequate support. Providing timely communication of any identified accounting adjustments to the Accounting Manager.

• Recommend and implement improved reporting of administrative expenses. Partner with business owners to identify and measure operational efficiencies and cost savings.

• Prepare analysis and/or financial projections stating results/conclusions reached and support special projects/activities as requested.

• Prepare and coordinate information in UCare's quarterly and annual regulatory filings with the Minnesota Department of Health, Wisconsin Office of Commissioner of Insurance, Department of Commerce, NAIC, rating agencies, and any other external reporting entity.

• Responsible for maintaining investment databases that meets current standards for reporting in the NAIC formats.

• Responsible for revenue and administrative costs reporting for the quarterly DHS Financial Report. Ensure data supplied to DHS complies with state and federal regulations.

• Preparation of the 990 annual tax returns financial information. Support in finalization after external accounting firm review. Responsible for ensuring return is files on a timely basis.

• Support financial and regulatory audits. This includes but is not limited to creating ad-hoc financial reports, sub-ledger detail analysis and review, allocation review, and account coding review. Prepare financial audit work papers as assigned

• Assist in annual forecast and budget process and preparation of budget presentation information. Other budget tasks as assigned.

• Management of UCare's treasury function. Reviewing cash management functions including analysis of daily balance and calculation of daily funding and stop pay process.

• Provide backup support for Accounting and Purchasing team.

• Other projects and duties as assigned.


Bachelor's degree in Accounting; demonstrated experience may be considered in lieu of degree.

Required Experience

Five years of accounting or financial analysis experience. Advanced Excel skills.

Preferred Experience

Experience maintaining general ledger, internal controls, and daily accounting processing preferred. Prior experience in a health care organization or public accounting preferred.


The UCare difference is our people power - employees actively working on the behalf of our members to get them access to the health care they need. We value and respect each individual's ideas and contributions, and provide the freedom to grow both personally and professionally. We are centrally located, and offer onsite education, equipment and wellness resources, and a myriad of volunteer activities. If you're looking for an inclusive environment that celebrates your people power, helps you build on your strengths and gives you the opportunity to truly make a difference, we invite you to apply.

As an Equal Opportunity/Affirmative Action Employer, we welcome and employ a diverse employee group committed to meeting the needs of UCare, our members, and the communities we serve.

JOB POST DATE: 05/26/2021

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