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Manager, Cost Reporting

Role overview

Qualifications

  • Bachelor's degree in Finance, Accounting, or a related field
  • Four (4) - Five (5) years healthcare finance or reimbursement experience
  • Management experience preferred
  • Strong knowledge of Medicaid cost reporting principles and regulations

Responsibilities

  • Manage the cost reporting processes within the finance department
  • Prepare and analyze detailed cost reports, ensuring accuracy and completeness
  • Support the implementation of internal reporting systems to enhance data accuracy
  • Communicate complex financial data clearly to stakeholders

Key facts

  • Remote from: United States
  • Full time
  • Mid-level (2-5 years)
  • 94 - 165K yearly
  • English

Hard skills

Other skills

  • Microsoft Excel
  • Management
  • Communication
  • Critical Thinking
  • Problem Solving
  • Teamwork
  • Social Skills
  • Time Management
  • Organizational Skills

About the company

CareSource logo

CareSource

Health Insurance (Payers)

Health Care with Heart. It is more than a tagline; it’s how we do business. CareSource has been providing life-changing health care to people and communities for nearly 30 years and we will continue to be a transformative force in the industry by placing people over profits. CareSource is and will always be members first. Even as we grow, we remember the reason we are here – to make a difference in our members’ lives by improving their health and well-being. Today, CareSource offers a lifetime of health coverage to nearly 2 million members through plan offerings including Marketplace, Medicare Advantage and Medicaid. With our team of 4,000 employees located across the country, we continue to clear a path to better life for our members. Visit the "Life" section to see how we are living our mission in the states we serve. CareSource is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity, genetic information, protected veteran status or any other characteristic protected by applicable federal, state or local law. If you’d like more information about your EEO rights as an applicant under the law, please click here: https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf and here: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf Si usted o alguien a quien ayuda tienen preguntas sobre CareSource, tiene derecho a recibir esta información y ayuda en su propio idioma sin costo. Para hablar con un intérprete, Por favor, llame al número de Servicios para Afiliados que figura en su tarjeta de identificación. 如果您或者您在帮助的人对 CareSource 存有疑问,您有权 免费获得以您的语言提供的帮助和信息。 如果您需要与一 位翻译交谈,请拨打您的会员 ID 卡上的会员服务电话号码。

Company details

Company typeLarge
IndustryHealth Insurance (Payers)
Company size1001 - 5000

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Job description

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
  • Four (4) - 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:

$94,100.00 - $164,800.00

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

  • Fostering a Collaborative Workplace Culture

  • Cultivate Partnerships

  • Develop Self and Others

  • Drive Execution

  • Influence Others

  • Pursue Personal Excellence

  • Understand the Business

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.

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