Finance Specialist

ConsultNet

North Kingstown, RI

JOB DETAILS
LOCATION
North Kingstown, RI
POSTED
30+ days ago

Title: Finance Specialist
Location : North Kingstown, RI
Type: Contract

The Finance Specialist (FS) is a key collaborator within the Finance Team, supporting management in maintaining a "best-in-class " organization. This role ensures high-quality service delivery to both internal departments and external stakeholders through rigorous operational execution, treasury management, and continuous process improvement.

Core Functional Areas

  • Operations & Treasury: Managing daily financial transactions, premium billing, collections, and disbursements.

  • Reporting & Compliance: Preparing/reconciling financial results and ensuring adherence to technical laws and regulations.

  • Audit & Control: Supporting internal controls and facilitating audit requests.

  • Strategy & Collaboration: Participating in corporate projects and fostering knowledge sharing across the team.


Detailed Responsibilities

1. Project Participation & Execution

  • Contribute to corporate and departmental strategic project teams.

  • Independently manage and complete smaller assigned Finance projects by utilizing available resources and performing required task steps.

2. Financial Operations, Reporting & Compliance

  • Daily Transactions: Execute financial procedures in strict compliance with Company policy and regulatory requirements.

  • Close Cycle: Manage the monthly financial close process, ensuring all documents and reports are timely, accurate, and complete.

  • Quality Assurance: Review the work of peers, including journal entries, reconciliations, and financial reports.

  • System Integrity: Identify and resolve issues within the General Ledger or data reporting tools in collaboration with technical specialists.

  • Analysis: Research unusual balances or transactions and manage assigned GL accounts.

3. Treasury Services

  • Execute treasury functions including accounts receivable/payable, premium billing, and agent compensation.

  • Manage disbursements for claimants, providers, and policyholders.

  • Identify opportunities to improve the efficiency of treasury workflows.

4. Internal Controls & Policy Management

  • Continuous evaluation and updating of internal controls and documentation to reflect the current operating environment.

  • Recommend enhancements to procedures and reporting structures.

  • Serve as a point of contact for auditors and external specialists.

5. Stakeholder Service & Collaboration

  • Customer Focus: Resolve stakeholder issues and lead "ease of doing business " initiatives to improve user experience.

  • Cross-Functional Support: Foster collaboration across departments to resolve problems and execute initiatives.

  • Team Support: Assist management and peers during peak periods or absences.

6. Professional Development & Knowledge Sharing

  • Maintain up-to-date knowledge of technical accounting and industry best practices.

  • Participate in industry seminars, training, and certification programs.

  • Engage in proactive coaching, self-development, and providing upward feedback.


Candidate Qualifications

Education & Experience

  • Education: BS degree in Accounting, Finance, or Audit (extensive professional experience may be considered in lieu of a degree).

  • Industry Knowledge: Preferred exposure to medical/pharmacy brokering, insurance/group benefits, third-party administration, or revenue recognition.

  • Technical Expertise: Proven experience in financial close procedures, treasury operations, and financial analysis.

  • Project Skills: Previous experience working within project teams and a strong ability to identify control weaknesses and recommend solutions.

Technology Skills

  • Software: Proficiency with Great Plains (or similar G/L packages).

  • Microsoft Office: Advanced skills in Excel and Word (Access skills are a plus).

  • Systems: Experience with administrative systems is highly desirable.

Core Competencies

  • High level of ethics, integrity, and commitment to quality.

  • Strong communication (verbal/written) and relationship-building skills.

  • Analytic mindset focused on issue identification and brainstorming.

  • Change-focused, open-minded, and collaborative.

About the Company

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ConsultNet