Cost Reporting Technician

at CGS Administrators LLC in Springfield, Illinois, United States

Job Description

Summary Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but for more than seven decades we've been part of the national landscape, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina ... and much more. We are one of the nation's leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies that allows us to build on a variety of business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!Description
Position Purpose:

Prepares and revises automated cost report data files to incorporate audit adjustments and to ensure that cost reports meet all requirements for acceptance. Processes original filing and settlement cost reports.

Logistics:
3021 Montvale Drive, Suite D. This role is located on site Springfield, IL 62704. This position is full time (40 hours/week) Monday-Friday working 8:00am-5pm.

What You'll Do:
Completes revisions of cost report data files incorporating the audit adjustments. Prepares the formal audit adjustment report, ensuring that all adjustments are clearly explained and reference to the applicable cost reimbursement regulations.

Verifies the accuracy of original data files by comparison to provider files, including preparation of an appropriate listing of reconciling items. Extracts data from original cost reports received.
Prepares data files for submission to the cost report system to confirm with regulations. Performs post-revision review of cost reports ready for settlement.
Prepares the necessary schedules to make final settlements on revised cost reports. Reviews incoming cost reports to determine acceptability. If data is missing, determines if the report must be rejected. Takes appropriate action to obtain the missing data in accordance with quality standards.
Maintains the database necessary to generate accurate statements of reimbursable costs.

To Qualify for This Position, You'll Need:
Associate degree in Accounting or other job-related field OR
Two years of accounting/financial related experience.

Skills and Abilities:
Ensures data accuracy
Maintains financial records
Performs clerical functions
Prepares financial data
Researches financial information
Updates financial software

What we Prefer you to have:
Knowledge and proficiency in Microsoft Excel (basic formulas and functions).

Our comprehensive benefits package includes:
401(k) retirement savings plan with company match
Subsidized health plans and free vision coverage
Life insurance
Paid annual leave - the longer you work here, the more you earn
Nine paid holidays
On-site cafeterias and fitness centers in major locations
Wellness programs and healthy lifestyle premium discount
Tuition assistance
Service recognition

What to Expect Next
After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone screening or email communication with a recruiter to verify resume specifics and salary requirements

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer.

Some states have required notifications. Here'smore information.
Equal Employment Opportunity Statement

We are committed to working with and providing reasonable accommodations to individuals with physical and mental disabilities.

If you need special assistance or an accommodation while seeking employment, please e-mail mycareer.help@bcbssc.comor call 1-800-288-2227, ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.

BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains Affirmative Action programs to promote employment opportunities for minorities, females, disabled individuals and veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.