Unit Manager Financial Operations

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Job Summary

This position is responsible for the unit that balances various financial transactions within operational applications, performs tasks related to administrative contracts, and resolves customer inquiries. The position will oversee daily and monthly financial backend systems to ensure reporting accuracy, manage and report issues, review journal entries and account reconciliation; Responsible for analysis, testing, integration, and training for all projects and system enhancements that impact primary functions, including external vendor systems.

• Manages the hiring/selection, training, performance management, salary administration, budget, motivation, and communication for the team responsible for financial operations and reconciliations of specialized functions. 
• Responsible for overseeing and approval of the daily and monthly balancing of transactions related to multi-billion-dollar claim settlements, fee assessments, negotiated contracts, and regulatory administration. Identifies and resolves discrepancies involving financial transactions, along with customer management and collaboration.
• Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; manage the completion of special reports
• Leads implementation of HCSC, divisional, departmental, and vendor projects.
• Oversees daily testing, problem reporting, and coordination with ITG to resolve system issues to ensure financial payment, settlement, and reporting accuracy. 
• Provides requirements, manages, and performs back-end and regression testing of new and enhanced IT functionality and system conversions.
• Coordinates internal, external (Ernst and Young), Blue Cross Association, and government (Office of Personnel Management) audits by collecting reports and data, providing written procedures, and answering questions.
• Responsible for approval of numerous general ledger accounts monthly, quarterly, and annually.
• Ensures timeliness of reporting and meeting required deadlines.
• Responsible for compliance with Sarbanes-Oxley.
• Reviews and approves annual reports prepared for government
• Responsible for management of the annual budget.
• Responsible for developing direct report staff to undertake leading roles as subject matter experts for corporate and divisional initiatives.
• Responsible for financial management of provider and customer contractual agreements related to specialized functions.
• Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
   

Required Job Qualifications:

• Bachelor Degree in Finance or Accounting and 5 years accounting and financial reporting experience.
• 1 year supervisory experience, skills in motivation, employee development, performance management, and hiring.
• Knowledge of accounting controls, bank reconciliations, account reconciliations, and ACR balancing.
• Knowledge of auditing procedures.
• Process management.
• Clear concise communication with appropriate word choice adapted to the audience.
• Travel required for twice a year BCA meetings (this should be preferred and not a requirement for this level)

PREFERRED JOB REQUIREMENTS:

• Knowledge of financial general ledger reporting and reconciliation
• Experience with general ledger applications, i.e., Oracle, Peoplesoft
• Knowledge of HIPAA, Sarbanes-Oxley, and GAAP Internal Controls.
• Familiarity with terminology used in other departments for financial reporting of client services and the effect on accounting transactions.
• Effective communication skills
• Detail orientated.
• Problem solving skills.
• Analytical skills.
• PC skills (Word, Excel, Access).

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HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, 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.

Base Pay Range$58,800.00 - $130,100.00