Financial Manager/Senior Financial Manager - Regulatory Reporting - Healthcare

Location: Noida

Shift timings: 2.30pm-12am

Interview Date & Time: 12th Jan(Friday) between 11 AM to 2 PM

Note: There will be face to face round of Interview only; No Skype or Telephonic round will be conducted there

Educational Qualifications:

CA/CPA/CMA/ACCA or equivalent certification mandatory with at least 6-8 years of post-qualification experience

- Prepare & review stat financial statements

- End to end reporting

- SEC/ GAAP/ IFRS reporting

- Report into SM

Talk to auditors, legal entity directors, internal & external stakeholders

Details of Responsibilities / Purpose of Job :

The prospective candidate will be part of a team supporting UHC Regulatory Accounting & Reporting, a division of Regulatory Finance with the following responsibilities:

1) Prepare and review Quarterly and Annual Statutory Financial Statements, including the balance sheets, income statements, changes in capital and surplus, and statements of cash flow for 2 Legal entities

2) Prepare and review analytical reports and findings

3) Prepare multiple, complex quarterly and annual statutory filings, supplemental filings related to Health Care Reform, other state supplemental filings, as well as annual audited financial statements.

4) Prepare and record journal entries in accordance with SAP and Medical Loss Ratio (MLR) requirements.

5) Additional responsibilities for this position include, but not limited to :

- Prepare documentation in support of external and internal audits and provide support for

Department of Insurance inquiries and examinations

- Review the work of others and monitor compliance with key controls and standard accounting and reporting practices and procedures

- Solve complex problems and/or conduct complex analyses, including non-standard requests

- Participate on project teams outside of active reporting periods to respond to changing technical requirements, new reporting needs, and suggestions for improved team performance.

Serve as a leader/ mentor.

Job Components:

- Prepare and review quarterly and annual Statutory financial statements for 2 regulated entities, including checklists and underlying workpapers

- Prepare and review journal entries and analytic reports

- Coordinate the external and internal audits of the regulated entities, and work closely with the department that oversees the Department of Insurance inquiries and examinations. Audit coordinator responsibilities include approving audit documentation, issue resolution and time management

- Manage communications and Board reports for regulated entity officers and directors and the audit committee

- Monitor compliance with key controls, department policies, and the standard accounting, reporting practices & procedures

- Lead initiatives on working groups to develop and implement innovative approaches for continued improvement in efficiency & effectiveness

- Develop and engage a team, with direct and indirect reporting relationships, through mentoring and coaching.

- Interface with business contacts for questions / issues on quarterly filings

- Liaison / Oversee the liaison with Business Partners / Controllership (analytic findings, special requests, data issues)

- Communicate with legal entity team members and directors as required as well as in 1:1 meetings

- Exposure to transitioning US Insurance Financial Reporting

- Thorough understanding of Accounting, General Ledger and chartfield attributes

- Ability to manage medium to large size legal entity under extremely tight deadlines and should be able to handle challenges with his/her managerial abilities on day to day activities

- Excellent oral and written communication

- Interpersonal skills, mentoring ability and ability to motivate team at all stages and achieve expected results

- Attention to details and accuracy with analytical bent

- Deliver Quality Results

- Intermediate level of proficiency with software tools (Ex: Microsoft Excel, Word, PeopleSoft, Hyperion Essbase/Smart View, PDF etc.)

Preferred experience:

- Public accounting/auditing experience

- Experience with Hyperion Essbase/Smart View and PeopleSoft Financials

- Health care experience

- Accounting experience handling regulated entities - Monthly / quarterly financial accounting and reporting

Shift: UK shift (2.30 PM IST to 12 AM IST).

Anshu
Next Step Services Private Limited
Telephone No. +911204807008