Senior Financial Reporting and Accounting Manager

MetroPlusHealth; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

MetroPlusHealth seeks a Senior Financial Reporting & Accounting Manager to oversee cash management and accounting activities, ensuring accurate month-end closings and bank reconciliations. The role interfaces with external auditors and supports annual calendar year and fiscal year audits.

You will manage treasury activities, prepare cash projections, monitor investments, and lead reconciliations across multiple bank accounts and general ledgers, collaborating with Operations, IT, and Analytics

Qualifications

• Bachelor’s Degree required with a minimum of 8 years’ experience in a related industry.
• Proficiency in PeopleSoft General Ledger System, Microsoft Excel, and Word.

Responsibilities

• Manage cash and treasury activities, including bank reconciliations and cash flow projections.
• Coordinate and respond to audit questions and deliverables for state and city audits.
• Prepare and review monthly balance sheet account reconciliations and general ledger analyses.
• Assist with external audits for MetroPlusHealth and NYC H+H and support Model Audit Rule and Federal Single Audit.
• Prepare quarterly fiscal reports and annual Census Surveys for reporting entities.
• Monitor and analyze claims payment activity and assist in month-end close processes.

Skills

PeopleSoft GL proficiency

MS Excel

MS Word

8+ years experience

Education

Bachelor’s Degree

Tools

PeopleSoft General Ledger

Microsoft Excel

Microsoft Word

Job description

Position Overview

The Senior Financial Reporting & Accounting Manager will be responsible for managing the cash management for the financial operations of MetroPlusHealth. They will oversee the accounting activities, manage all bank account reconciliations, and approve all balance sheet account analysis for the month-end closing. Interacts with external auditors and assists in the preparation of audit financial statements for MetroPlusHealth on a calendar year basis and NYC H+H’s audits on a fiscal year basis.

Scope Of Role & Responsibilities

• Conduct weekly analysis of claims payment activity and develop week-over-week comparison reports to inform discussions and decision-making during the weekly check-run meeting.
• Manage treasury activities and functions:
  • Prepare and maintain cash position, cash flow projections, and recommend account transfer of funds.
  • Monitor investment transactions and review monthly investment analyses.
  • Monitor bank balances, check runs, incoming receipts and identifying exceptions including unusual transaction and coordinate resolution of exceptions internally (i.e., Operations and IT Depts.) and externally with bank to ensure monthly bank reconciliations are completed.
  • Maintain accurate and complete weekly treasury journals in PeopleSoft (PS) Cash module for all bank accounts.
• Review and approve bank account reconciliations.
• Review and approve monthly balance sheet account reconciliations.
• Handle all audit questions and deliverables relating to investment, unpaid claims liabilities, pass-through programs, and State directed payments.
• Assist with annual NYC H+H fiscal year-end external audit and MetroPlusHealth calendar year-end external audit.
• Assist with internal Model Audit Rule Audit and Federal Single(A-133) audit.
• Prepare quarterly fiscal reports for NYC H+H reporting and annual Census Surveys.
• Analyze financial impact for Government Accounting Standards Board (GASB) Statement 87 on Leases and record monthly adjusting entries in accordance with Statutory Accounting Principles.
• Monitor and maintain MetroPlusHealth records in the Central Office Fixed Asset Management system and perform independent reconciliation between Fixed Asset Management and General Ledger balances.
• Prepare monthly general ledger account reconciliations and analyses with heavy collaboration with Claims and Analytics Depts. to obtain supporting documentation timely.
• Prepare quarterly schedules and supporting analyses for the Medicaid Managed Care Operating Report (MMCOR)
• Manage monthly NYC H+H reimbursement schedules for Personnel Services and Other than Personnel Services. Coordinate with MetroPlusHealth Accounts Payable and NYC H+H teams to obtain adequate documentation and explanation of charges.
• Other duties and responsibilities as assigned.

Required Education, Training & Professional Experience

• Bachelor’s Degree required with a minimum of 8 years’ experience in a related industry
• Proficiency in PeopleSoft General Ledger System, Microsoft Excel, and Word

Licensure And/or Certification Required

• Accounting certification is a Plus (Certified Public Accountant (CPA) or Certified Management Accountant (CMA))

Professional Competencies

• Integrity and Trust
• Customer Focus
• Functional/Technical skills
• Written/Oral Communication

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