Sr Mgr Financial Balancing & Controls

HCSC Group

Chicago, Northern (IL, KY)

Hybrid

USD 93,000 - 168,000

Full time

3 days ago
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Job summary

HCSC is seeking a Senior Manager to lead financial balancing and controls, overseeing premium and claims reporting, reconciliations, and vendor payments. The role requires strong management experience, audit liaison skills, and the ability to implement system changes for new products and mergers.

The position demands a Bachelor’s degree in business/finance/accounting, 7+ years in accounting or project management, and 4+ years in a leadership role within finance. Travel may be required.

Qualifications

  • Bachelor’s in Business, Finance or Accounting.
  • 7 years accounting or project management experience.
  • 4 years of management experience in finance.
  • Clear, concise communication to all levels of management.
  • PC proficiency including Word, Excel, PowerPoint and Lotus Notes.

Responsibilities

  • Lead financial processes and reporting of premiums, claims, capitations, bank reconciliations, vendor balancing and payments.
  • Oversee auditors, review responses for quality, and respond to queries about processes and procedures.
  • Approve department journal entries and account reconciliations; manage major financial reporting changes.
  • Coordinate changes related to new products, mergers, acquisitions, and related systems.

Skills

Communication
Analytical skills
Travel willingness
PC proficiency

Education

Bachelor’s degree in Business/Finance/Accounting

Tools

Excel
Word
PowerPoint
Lotus Notes

Job description

## Sr Mgr Financial Balancing & ControlsApply: Flex: IL - Chicago: Full time: Posted Today: R0055595At 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### **Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!**### **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. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.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.## HCSC 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. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.# # **Base Pay Range**$92,700.00 - $167,500.00
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