Vice President, Financial Reporting (Hybrid/Remote)

Job Description

Job Description

Health Plans, Inc. (HPI) is a New England-based Third Party Administrator (TPA) of self-funded health and benefit plans. HPI was founded in 1981 to provide comprehensive health plan administration to employers, municipalities and Taft-Hartley plans.

Health Plans has grown to become an industry-leading TPA by offering customized self-funded benefit plans to employers, combined with superior customer service and investment in the latest administrative and data-mining technology, and reinsurance (stop-loss) security.

Summary :

The Vice President of Financial Reporting is responsible for the financial reporting functions of the organization and its subsidiaries.

This leadership role will ensure the accuracy, integrity, compliance and timeliness of all financial statements and related reports according to GAAP and other regulatory standards.

As a member of the Sr. Leadership team, this role will collaborate across the organization and provide timely and accurate financial insights that guide strategic decision making.

The VP will also hold the relationship with external auditors, tax preparers and other key stakeholders. The VP will report directly to the Chief Financial Officer.

Duties and Responsibilities :

• Responsible for all financial reporting which includes the analysis and implementation of new accounting principles as well as the documentation of technical accounting matters being contemplated or approved by FASB and other regulatory bodies.
• Direct the monthly closing of the general ledger in accordance with the close calendar and within specified metrics for HPI and its subsidiaries.
• Oversee timely and accurate completion of analyses and reconciliations to ensure accuracy of financial results.
• Responsible for the oversight of subsidiary monthly financial statements and close process.
• Coordinate and complete annual financial statement audit and prepare audited financial statements in accordance with GAAP and other regulatory requirements
• Ensure compliance with all local, state, and federal tax requirements, reporting and filings.
• Oversee multi-state, bi-weekly payroll processing for Health Plans, Inc. Ensure payroll processing complies with Federal, State and local requirements.
• Provide overall direction and mentoring to department staff in carrying out company, department and individual goals and objectives.
• Oversee the daily operations of accounts payable, accounts receivable and cash collections
• Participate in setting corporate strategy and direction
• Develop, implement and maintain robust internal control environment
• Identify and direct activities related to process improvement and automation for responsible functions

Requirements :

• Bachelor’s degree in Accounting or related field. CPA required; MBA preferred.
• Ten or more years’ related experience.
• Extensive experience with automated accounting and processing systems required.
• Extensive knowledge and expertise with financial statement preparation and review as well as application of generally accepted accounting principles.
• Must have extensive knowledge and expertise within finance related operational areas and internal controls.
• Prior experience with Model Audit Rule, Sarbanes-Oxley, and SSAE16 audits preferred.
• Ability to effectively present information and respond to questions from groups of executives, managers, providers and customers.
• Ability to develop and manage budgets, policies and procedures that support the business.
• Strong organizational, analytical, project management, and communications skills. Ability to respond to constantly changing circumstances and work under short deadlines.
• Skilled in fostering teamwork and able to mentor / develop staff.

Benefits :

• Medical, Dental and Vision Coverage
• Prescription Drug Coverage
• Fitness Reimbursement Benefit
• Tobacco Cessation Program
• Employee Assistance Program
• Flexible Spending Account & Health Savings Account
• 401(k) and Profit-Sharing Plan
• Bonuses
• Generous Paid-Time Off
• Volunteer Days
• Education Assistance & Professional Development Opportunities
• and much much more!

You can read more about us at hpitpa.com / about-us / careers /

EEO / AA / M / F / Vet / Disability Employer