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Overview

The Manager, Finance Regulatory & Technical Reporting shall be responsible for the supervision of the accurate preparation and submission of any monthly, quarterly, and annual regulatory financial statements (filings) and related audit workpapers and footnotes. In addition, they will provide analysis and summary of new statutory and regulatory guidance and accounting pronouncements and shall assist the Vice President-Accounting & Tax as needed.

The manager will be responsible for preparing and developing the necessary reporting to accurately complete these reports, in addition to supporting financial reporting as required by Accounting & Tax and the Financial Operations area, most notably ensuring the accurate and timely preparation of the corporate consolidating GAAP financial statements, executive reporting and board packets. The manager will also support management with all regulatory exams managed/supported by the Accounting & Tax area.

The Manager, Finance Regulatory & Technical Reporting will coordinate projects and participate/lead interdepartmental initiatives, acting as a representative of the interests of the finance functional units.

Qualifications

• Bachelor’s degree in accounting or finance; CPA or MBA strongly preferred.

• Five (5) years of experience in accounting or in a capacity of financial control required.

• Two (2) years of progressive leadership/management responsibility required.

• Experience in regulatory reporting and preparing financial statements using GAAP and SAP methods.

• Strong leadership and process management skills.

• Ability to be detail oriented in the documentation of complex processes (i.e., create workflow diagrams, action plans, process narratives). Attention to detail is critical.

• Ability to coordinate multiple projects, organizational skills a priority.

• Ability to work independently with minimal supervision and maintain confidentiality.

• Analytical skills to prepare and analyze business plans, technical designs, and financial reports.

• Excellent oral and written skills.

• Ability to maintain and enhance financial reporting systems and recommend reporting or process efficiencies.

• Proficient PC skills in windows environment. Spreadsheet and project management software experience preferred.

• Proven examples of displaying the IH values: Passionate, Caring, Respectful, Collaborative and Accountable.

Essential Accountabilities

Management

• Provide ongoing training and support to the department relative to the individual’s respective positions.

• Ensure timely completion of department and company objectives and priorities.

• Develop, measure, evaluate, and communicate critical performance measures pertinent to the accounting departments’ regulatory work groups.

• Monitor and maintain compliance with accounting and company policies, procedures, and internal controls as they pertain to financial operations and the preservation of company assets.

• Evaluate/research new regulations/pronouncements, summarize impact to the department, and communicate to the team.

Analysis and Regulatory

• Responsible for assisting in the development, execution, supervision and accurate preparation and submission of the quarterly and annual NAIC and state regulatory filings in accordance with statutory accounting principles and New York State prescribed and permitted practices.

• Research and discern current Statutory and State regulations to ensure that accounting and record keeping is compliant, as well as understand its impact to the organization, summarizing impact on the operations and/or reporting processes. Understanding of Statutory Accounting Principles and finance processes (underwriting, actuarial reporting, membership, enrollment, planning, cash management and adjustments, revenue recognition, and financial reporting).

• Technical knowledge of accounting specific applications’ (iWorks and other regulatory software and Workday) functions as they relate to these processes and align reporting requirements to these systems functionality.

• Review and audit supporting schedules and documentation of journal entries and general ledger accounts, as needed. Ensure workpaper support has appropriate documentation and is complete. Prepare and/or review supporting monthly/quarterly/annual schedules for audit and management. Perform analytical procedures.

• Coordinate documentation required as part of the annual independent CPA audit and tri-annual NYS Insurance Department regulatory audit.

• Lend support to other business units in the submission of other Department of Financial Service filings through its Portal.

• Lend support to other business units in the documentation, review, and risk assessment of financial accounts to ensure compliance with Model Office objectives.

Reporting

• Prepare regulatory, financial, and ancillary reports as required.

• Assist accounting management to ensure accurate and timely filing of all regulatory and financial reports.

• Evaluate and maintain departmental financial spreadsheets to ensure appropriate level of spreadsheet controls.

• Continue to work with the departmental reporting units to build effective reporting and efficiencies in Workday and streamline reporting for consistency.

• Assist in the development and updating of processes and procedures relative to the accurate reporting of financial information. Work with department management to ensure systems support our reporting needs.

Department Supervision

• Oversee and ensure the timely and accurate production of financial statements and related ancillary processes.

Team Building

• Assist in the development and training of the tax and accounting staff to provide them with the skills and tools necessary for an effective collaboration with other business units within the organization.

• Support other departments on Strategic Initiatives.

• Assume role as a Center of Expertise for NAIC Reporting. Develop technical expertise in the statutory accounting/NAIC field to ensure the organization keeps pace with industry and regulatory change, provide assistance with the quarterly and annual regulatory filing reviews, as required.

• Train and develop department staff through a variety of methods, such as feedback sessions, focus groups and quick responses to critical department issues; establishing, measuring, and monitoring specific performance standards that are capable of efficiently meeting corporate goals and objectives; and utilizing IH’s rewards and recognition program in developing a cohesive team. Ensure cross-training of staff for various responsibilities within the department.

Immigration or work visa sponsorship will not be provided for this position

Hiring Compensation Range: $100,000 - $130,000 annually

Compensation may vary based on factors including but not limited to skills, education, location and experience.

In addition to base compensation, associates may be eligible for a scorecard incentive, full range of benefits and generous paid time off. The base salary range is subject to change and may be modified in the future.

As an Equal Opportunity / Affirmative Action Employer, Independent Health and its affiliates will not discriminate in its employment practices due to an applicant’s race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship and immigration status, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law. Click here (http://www.independenthealth.com/about/careers/additional-eeo-aap-information) for additional EEO/AAP or Reasonable Accommodation information.

Current Associates must apply internally via the Job Hub app.

The Independent Health Family of Companies, headquartered in Buffalo, NY, serves nearly 400,000 members and provides innovative health care products and benefits designed to engage consumers in their health and well-being. Established in 1980, our comprehensive portfolio includes Pharmacy Benefit Dimensions, Reliance Rx, Nova Healthcare Administrators, Care for You and the Independent Health Foundation.

Our culture sets us apart. Our core values drive who we are and the work we do. As a member of our family, you’re part of something special, in your work and in the community.

We understand and appreciate that everyone has unique experiences, perspectives and identities which is why we pledge to create a safe space where all people and ideas are welcomed. We are here to continue learning and to generate important dialog.

We are committed to doing what matters most - reaching out, working together, and caring for our community. A healthy community benefits everyone who lives in it. You too can be part of making difference in the lives of others, together we achieve so much more. Please click here (http://www.independenthealth.com/about/community-report) to view our Community Reports.

Apply today and join us on the journey to a happier, healthier, and more inclusive community.

We are committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. We are a drug-free workplace. An applicant for employment in need of an accommodation to participate in the application and recruitment process should contact Human Resources at: accommodations@independenthealth.com or Human Resources, 511 Farber Lakes Drive, Williamsville, NY 14221.

Please note, we do not accept unsolicited resumes. We do not accept resumes from headhunters, placement agencies, or other suppliers that have not signed a formal agreement with us.