Senior Manager, Finance - Cost Reporting

CareSource; Ohio; Hybrid; USD 113,000 - 198,000; Full time

Job summary

CareSource in Ohio seeks a Senior Manager, Finance – Cost Reporting to oversee the cost reporting process, data management, coding, and encounter reconciliation with a strong emphasis on mentoring staff. The role requires GAAP knowledge, CPA/CMA preferred, seven years of data management or coding, and four years of management experience, with collaboration across finance teams.

You will drive process improvements, audit financial filings, and coordinate audits, with a focus on accuracy and

Qualifications

• Bachelor’s degree in accounting, finance or related field or equivalent years of relevant work experience is required.
• MBA or equivalent graduate degree is preferred.
• A minimum of seven (7) years of data management or coding is required.
• Four (4) years of management experience is required.
• Managed care or healthcare experience is preferred.

Responsibilities

• Oversee the reconciliation of general ledger accounts and financial statements on a quarterly basis.
• Support senior leadership for all independent financial reporting, internal audits, and other financial related audits.
• Responsible for all Medicaid financial filings.
• Perform ad hoc and trending analysis – both proactively and as requested.
• Responsible for making staffing decisions.
• Conduct performance management activities for direct reports, to include monthly one-on-one meetings, annual performance appraisals, and discipline as appropriate.
• Develop, implement and modify processes to ensure efficiency and effectiveness.
• Reconcile cost report with our financial systems and IBNR lags.
• Owns relationship with encounters team and works to reconcile variances between financial systems and encounters.
• Audit current SQL code and create a streamline process in Databricks.
• Perform any other job duties as requested.

Skills

Data management

Encounters understanding

GAAP knowledge

Microsoft Office

Leadership

Education

Bachelor's Degree in accounting/finance or related field

MBA or equivalent graduate degree (preferred)

7+ years data management or coding

4+ years management experience

Tools

SQL

Databricks

Excel

Job description

Job Summary

The Senior Manager, Finance – Cost Reporting is responsible for oversight of the cost reporting process, including, but not limited to data management, coding, encounter reconciliation, financial report reconciliation, and coordination with other finance teams. There is a strong focus on team development, with a specific emphasis on refining coding skills and analysis.

Essential Functions

• Oversee the reconciliation of general ledger accounts and financial statements on a quarterly basis
• Support senior leadership for all independent financial reporting, internal audits, and other financial related audits
• Responsible for all Medicaid financial filings
• Perform ad hoc and trending analysis – both proactively and as requested
• Responsible for making staffing decisions
• Conduct performance management activities for direct reports, to include monthly one-on-one meetings, annual performance appraisals, and discipline as appropriate
• Develop, implement and modify processes to ensure efficiency and effectiveness
• Reconcile cost report with our financial systems and IBNR lags
• Owns relationship with encounters team and works to reconcile variances between financial systems and encounters
• Audit current SQL code and create a streamline process in Databricks
• Perform any other job duties as requested

Education and Experience

• Bachelor’s Degree in accounting, finance or related field or equivalent years of relevant work experience is required
• Master of Business Administration (MBA) or equivalent graduate degree is preferred
• A minimum of seven (7) years of data management or coding is required
• Four (4) years of management experience is required
• Managed care or healthcare experience is preferred

Competencies, Knowledge and Skills

• Proficient in understanding the details of submitted and accepted encounters
• Familiar with variety of financial analysis concepts, practices and procedures
• Relies on extensive experienced and judgment to plan and accomplish goals
• Familiar with variety of accounting concepts, practices and procedures
• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and/or Statutory Accounting Principles (STAT)
• Intermediate proficiency level with Microsoft Office
• Ability to interact with all levels of management, as well as external stakeholders
• Ability to lead and direct the work of others including the development, motivation and rewarding of staff
• Knowledgeable of internal control framework
• Decision making/problem solving skills
• Critical listening and thinking skills analytical skills
• Detail-oriented

Licensure and Certification

• Certified Public Accountant (CPA), Certified Management Accountant (CMA), Association for Financial Professionals (AFP) FP&A, or related certification is preferred

Working Conditions

• General office environment; may be required to sit or stand for extended periods of time
• May be required to travel occasionally

Compensation Range

$113,000.00 - $197,700.00

CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level.

In addition to base compensation, you may qualify for a bonus tied to company and individual performance.

We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

Other

• Compensation Type (hourly/salary): Salary
• Organization Level
• Competencies Fostering a Collaborative Workplace Culture Cultivate Partnerships Develop Self and Others Drive Execution Influence Others Pursue Personal Excellence Understand the Business

Equal Opportunity

CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.

Brand and Mission

#LI-EM1 Brand=CareSource

The CareSource mission is known as our heartbeat. Just as we support our members to be the best version of themselves, our employees are driven by our mission to create a better world for members, stakeholders and providers. We are difference-makers who combine compassionate hearts with our unique business expertise to make every opportunity count. Each claim, each phone call, each consumer-centric decision is a chance to change the world for one member, and our employees look for ways to do that every day. The challenge is, there is no one right way to be the difference and we’re looking for people like you that will rewrite that definition every day. We do what it takes to form creative solutions that make our community and the world just a little better. Discover what it means to be #UniquelyCareSource.

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time.