Accounting Manager, Medical Margin

Overview

The organization is seeking an Accounting Manager, Medical Margin to lead and improve the medical margin accounting function within the Accounting department. This role manages daily operations, drives continuous improvement in the close process, and partners with multiple teams to ensure accurate and timely financial reporting.

Responsibilities

• Manage the medical margin financial close and ensure timely, accurate reporting of revenue and medical expenses
• Oversee day-to-day medical margin accounting activities, including reviewing journal entries and balance sheet reconciliations
• Manage and develop a team of accounting professionals, providing guidance, support, and coaching
• Evaluate existing accounting processes and develop/implement new processes to improve efficiency and effectiveness of the medical margin function
• Collaborate cross-functionally with Actuary, IT, Med Econ, Finance, and other departments to analyze payor healthcare data and perform end-to-end payor reconciliations to improve data accuracy
• Serve as the Accounting department point of contact for payor data and reconciliations
• Assist with the settlement process between the organization and payors, as necessary
• Reconcile the general ledger to underlying sources and develop methods/tools to provide analytical insight
• Manage and support the development of med margin-related process documentation
• Assist with the build-out and maintenance of Med Margin-related accounting memos, policies, and procedures in accordance with GAAP
• Support the development and maintenance of internal controls
• Contribute to the financial reporting process and coordinate with Finance leaders to produce high-quality financial reporting and analysis
• Support interim and annual audits
• Provide data and reports as requested to cross-functional leaders
• Lead ad-hoc projects and initiatives

Requirements

• Deep understanding of technical accounting policies, regulations, financial statements, internal controls, and procedures
• Proven experience building and developing processes and procedures with a focus on continuous improvement
• Experience with financial and variance analysis, with the ability to interpret and communicate findings and insights
• Advanced proficiency in Microsoft Excel
• Self-starter who can work independently and cross-functionally
• Detail-oriented with strong judgment, analytical, problem-solving, and critical-thinking skills; able to navigate complex issues and communicate solutions
• Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities and competing deadlines
• Strong organizational skills and ability to multitask
• Effective communication skills, able to present information clearly to internal stakeholders

Education and Experience

• Bachelor’s degree in accounting or related field; MBA or advanced degree preferred
• Minimum of 7 years of progressive accounting experience, including time in a leadership role
• Healthcare experience required; value-based care experience preferred
• CPA designation strongly preferred
• Experience with Oracle NetSuite is a plus

Compensation & Benefits

• Not specified in the provided job description.

Location

• Not specified in the provided job description.

Equal Opportunity Employment

• The organization is an equal opportunity employer and provides consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected classification.