Accounting/Finance - Revenue & Receivable Management (Hybrid - Troy, MI) - Health Alliance Plan
🔍 Troy, Michigan
GENERAL SUMMARY:
Provides accounting support to the Manager, Revenue Cycle and Accounts Receivable by performing monthly revenue recognition, close, and reporting activities across all product lines. This position is responsible for preparing and posting journal entries, performing reconciliations and variance analyses, and ensuring revenue, receivables, commissions, and prepaid premiums are accurately recorded in accordance with accounting standards, internal controls, and reporting requirements.
DUTIES AND RESPONSIBILITIES:
Prepare, review, and post monthly journal entries related to revenue, commissions, receivables, and prepaid premiums, including supporting schedules and documentation.
Compile and analyze detailed revenue worksheets to support monthly revenue recognition and close activities.
Perform monthly balance sheet reconciliations and revenue variance analyses; investigate fluctuations and resolve discrepancies in a timely manner.
Prepare, validate, and process monthly commission data, including commission reclassification entries, and verify commission‑related general ledger activity for accuracy and completeness.
Prepare and distribute monthly and quarterly invoices for assigned groups, ensuring accuracy and proper documentation.
Prepare daily, monthly, and ad‑hoc financial reports to support management reporting and operational decision‑making.
Coordinate and prepare ERISA 5500 reporting data for group clients, as requested.
Ensure compliance with internal accounting policies, documentation standards, and internal control requirements.
Provide support for internal and external audits by preparing schedules and responding to inquiries.
Support ongoing financial analysis, reporting initiatives, system enhancements, and ad‑hoc data reviews.
Perform other related duties as assigned to support departmental objectives, workflow efficiency, and continuous process improvement.
EDUCATION/EXPERIENCE REQUIRED:
Bachelor’s degree in Accounting or Finance.
Minimum of two (2) years of accounting or finance experience.
Advanced proficiency in Microsoft Excel (e.g., formulas, pivot tables, data analysis)
Experience with general ledger or financial reporting systems preferred.
Healthcare, insurance, or revenue cycle accounting experience preferred.
SKILLS AND ABILITIES:
Strong analytical and problem‑solving skills with a high level of attention to detail.
Ability to analyze large data sets and interpret accounting and financial information.
Effective oral and written communication skills, including the ability to explain financial results to non‑finance stakeholders.
Ability to work independently while managing deadlines.
Ability to multitask, prioritize work, and meet tight deadlines.
Ability to work effectively with cross‑functional teams.
Knowledge of accounting principles, procedures, and financial analysis techniques.
Overview
HAP is a Michigan-based, nonprofit health plan that provides health coverage to individuals, Â Â Â Â Â companies and organizations. A subsidiary of Henry Ford Health System, we partner with doctors, employers and community groups to enhance the overall health and well-being of the lives we touch. With more than 1,100 dedicated and passionate employees, our goal is to make health care easy for our members.
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Under the leadership of President and CEO Robert G. Riney, Henry Ford Health is a
$6 billion integrated health system comprised of six hospitals, a health plan, and 250+ sites
including medical centers, walk-in and urgent care clinics, pharmacy, eye care facilities and
other healthcare retail. Established in 1915 by auto industry pioneer Henry Ford, the health system
now has 32,000 employees and remains home to the 1,900-member Henry Ford Medical Group, one
of the nation’s oldest physician groups. An additional 2,200 physicians are also affiliated with the
health system through the Henry Ford Physician Network. Henry Ford is also one of the region’s Â
major academic medical centers, receiving between $90-$100 million in annual research funding and
remaining Michigan’s fourth largest NIH-funded institution. Also an active participant in medical
education and training, the health system has trained nearly 40% of physicians currently practicing
in the state and also provides education and training for other health professionals including nurses,
pharmacists, radiology and respiratory technicians. visit HenryFord.com.
Benefits
Whether it's offering a new medical option, helping you make healthier lifestyle choices or
making the employee enrollment selection experience easier, it's all about choice. Â Henry
Ford Health System has a new approach for its employee benefits program - My Choice
Rewards. Â My Choice Rewards is a program as diverse as the people it serves. Â There are
dozens of options for all of our employees including compensation, benefits, work/life balance
and learning - options that enhance your career and add value to your personal life. Â As an
employee you are provided access to Retirement Programs, an Employee Assistance Program
(Henry Ford Enhanced), Tuition Reimbursement, Paid Time Off, Employee Health and Wellness
and access to day care services at Bright Horizons Midtown Detroit, and a whole host of other
benefits and services. Employee's classified as contingent status are not eligible for benefits
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health System is
committed to the hiring, advancement and fair treatment of all individuals without regard to
race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height,
weight, marital status, family status, gender identity, sexual orientation, and genetic information,
or any other protected status in accordance with applicable federal and state laws.