Job Summary:The Manager, Finance - Cost Reporting is responsible for managing the cost reporting processes within the finance department. This role involves ensuring accuracy and completeness of financial data, preparing detailed cost reports, and analyzing financial information to assist in strategic planning and decision making. They will collaborate with various departments to gather necessary data, maintain and improve internal reporting systems, and ensure compliance with company policies and regulatory standards.
Essential Functions:- Assist and lead in the preparation and analysis of detailed cost reports, ensuring accuracy and completeness.
- Analyze cost report data to identify trends, discrepancies, and opportunities for improvement in reimbursement outcomes.
- Support the implementation of internal reporting systems to enhance data accuracy and reporting efficiency.
- Ensure compliance with company policies and regulatory standards and guidelines in all financial reporting.
- Participate in process improvement initiatives to streamline cost reporting procedures.
- Communicate complex financial data clearly and effectively to stakeholders with varying levels of financial expertise.
- Assist in implementing strategic plans set forth by senior management, with a focus on cost reporting functions.
- Prepare management reports and presentations summarizing cost report findings and reimbursement impacts.
- Perform any other job related duties as requested.
Education and Experience:- Bachelor's degree in Finance, Accounting, or a related field required
- Master of Business Administration (MBA) preferred
- Equivalent years of relevant work experience may be accepted in lieu of required education
- Five (5) years healthcare finance or reimbursement with significant exposure to Medicaid cost reporting required
- Management experience preferred
Competencies, Knowledge and Skills:- Strong verbal and written communication skills
- Familiar with variety of accounting and finance concepts, practices and procedures
- Strong knowledge of Medicaid cost reporting principles, state and federal regulations, and healthcare reimbursement methodologies
- Microsoft Office expert (particularly Excel)
- Proficient in Databricks, Spark SQL, Databricks Workflows, Transact-SQL, Python
- Familiar with SQL, ETL or other programming concepts
- Highly self-motivated
- Ability to interact with all levels of management
- Critical thinking and listening skills
- Ability to work independently and as a member of a team
- Demonstrates decision making and analytical/problem solving skills to perform a variety of complicated tasks
- Familiarity with the healthcare field and basic medical terminology
- Demonstrates interpersonal and relationship building skills
- Ability to lead and direct the work of others including the development, motivation and rewarding of staff
- Excellent organizational skills and attention to detail
- Ability to contribute to climate finance research projects, with strong ability to synthesis findings, create detailed reports, and communicate insights effectively to diverse stakeholders
- Excellent time management skills with ability to meet deadlines without being reminded
- Proficient in Microsoft Power BI, SSIS, SSRS
Licensure and Certification:- Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Healthcare Financial Professional (CHFP), or related certification preferred
Working Conditions:- General office environment; may be required to sit or stand for extended periods of time
- Ability to travel as required by the needs of the department.
Compensation Range:
$92,300.00 - $161,600.00
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.
Compensation Type (hourly/salary):
Salary
Organization Level Competencies
This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.
Originally posted on Himalayas