- Manage financial reporting for HMSA and its subsidiaries to ensure the timely preparation of the HMSA and Subsidiary companies' financial statements.
- These financial reports are for both internal and external audiences.
- Assist the Controller and CFO in setting policy in accordance with Generally Accepted Accounting Principles (GAAP), Tax and Statutory Accounting Principles (SAP).
- This includes researching, analyzing, interpreting, and communicating financial information to officers, department heads, and internal and external auditors.
- Manage and provide direction to staff responsible for the accurate accounting and reporting of HMSA's financial position and performance.
- Review staff's work for accuracy, timeliness, and adherence to established internal controls.
- Supervise, develop, and train staff to be a productive team. Communicate with other departments to collaborate and share detailed information on a monthly basis.
- Also responsible for financial compliance with regulatory standards, i.e. individual contract terms, Cost Accounting Standards (CAS), and other Federal and State regulations, including all required regulatory reporting (e.g. Quarterly blank)
- Responsible for accurate recording and reporting of our major plan accountings, i.e., AFM/ASO and State Plan.
- As requested, some assistance/information may be required by HGRP personnel for Federal Plan, Medicare, Medicaid, and QUEST plan accounting.
- Also responsible for financial compliance with regulatory standards and reporting for these plans, i.e., CAS Standards, FAR Regulations, and other Federal and State regulations.
- Coordinate preparation of all workpapers and footnotes for both GAAP and SAP-based external audits
- Actively participate in projects related to new corporate business initiatives and be a business advisor to others within the Association regarding accounting, tax, and financial analysis.
- Provide recommendations to control costs within HMSA's established goals.
- Able to stay current with the Affordable Care Act (ACA) legislation and manage process to report Medical Loss Ratio (MLR) and Risk Based Capital (RBC) for the Association.
- Work with the Controller, CFO and HMSA executives, managers, and supervisors to assure all major finance and accounting duties and responsibilities are being successfully performed in a timely and efficient manner, and within budget.
- Respond to ad-hoc data requests, analysis and reporting from executives, management, and internal departments as well as external business partners.
- Work with Manager, Financial Operations, Controller, and CFO with managing the processing and implementing any changes to HMSA's employee benefit program.
- This will include, but not limited to, the pension, 401k, long-term disability, group life insurance, and flexible spending programs. Ensure that all transactions are properly processed and in compliance with applicable regulations.
- Also, directly work with executive staff on various executive benefit programs.
- Perform all other miscellaneous responsibilities and duties as assigned or directed.
#LI-Hybrid |
HMSA
life insurance, 401(k)
Oct 26, 2024