Senior Manager Financial Balancing & Controls

Health Care Service Corp.; Naperville (IL); Hybrid; USD 93,000 - 168,000; Full time

Job summary

Health Care Service Corporation seeks a senior finance leader to direct the financial processes and internal/external reporting of premiums, claims, capitations, and related reconciliations. You will collaborate with auditors, approve journal entries, and guide major system changes for new product lines.

The role requires a Bachelor's in Finance/Accounting, 7+ years in accounting and 4+ years in management, plus strong communication and analytical skills.

Qualifications

• Bachelor’s in Business, Finance or Accounting required.
• 7+ years in accounting and/or managing projects.
• 4+ years of management experience.
• Strong written and verbal communication across management levels.
• Proficiency in MS Office suite including Word, Excel, PowerPoint; Lotus Notes handy.
• Willingness to travel within assigned areas, including overnight stays.

Responsibilities

• Lead and manage financial processes and internal/external reporting for premiums, claims, capitations, and related reconciliations.
• Oversee communication with auditors and respond to queries on processes and procedures.
• Provide final approval of department journal entries and account reconciliations.
• Assist in coordinating major financial reporting system changes associated with new products, mergers, or acquisitions.

Skills

Financial leadership

Financial reporting

Auditing coordination

Project management

Analytical thinking

Clear communication

Travel willingness

Education

Bachelor’s in Business, Finance OR Accounting

Tools

Word

Excel

PowerPoint

Lotus Notes

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

This position is responsible for leading and managing the financial processes and the internal and external reporting of premiums, claims, capitations, bank reconciliations, vendor balancing and payments, pharmacy rebates, hospital discounts. Oversees communication with auditors, reviewing responses for quality and consistency, and responding to queries about overall process and procedures. Provides final approval of all department journal entries and account reconciliations. Assists in the development and coordination of major financial reporting system changes associated with new product lines, mergers, acquisitions, etc., that impact premiums, claims, capitations, pharmacy rebates, bank reconciliations, etc., and oversees the implementation of those changes.

Required Job Qualifications

• Bachelor’s in Business, Finance OR Accounting
• 7 years professional work experience in accounting and/or managing projects
• 4 years of management experience
• a Business-related field OR in Finance
• Clear, concise, grammatical communication with appropriate word choice, to all levels of management
• PC proficiency to include Word, Excel, PowerPoint and Lotus Notes
• Excellent analytical skills, detailed-oriented, managing and prioritizing several tasks at the same time
• Ability and willingness to travel within assigned areas of responsibility, including overnight stays

Compensation

$92,700 $130,100

Base Pay Range

$92,700.00 - $167,500.00 Exact compensation may vary based on skills, experience, and location.

Flex Role

This is a Flex (Hybrid) role: 3 days in office; 2 days remote. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

Sponsorship

Sponsorship is not available.

Employment Statement

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Drug-free Workplace

We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

Pay Transparency Statement

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

About HCSC

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.