Assistant at Kern Health Systems
Bakersfield, CA 93307
About the Job
KHS reasonably expects to pay starting compensation for the position of Assistant Controller - Medicare/DSNP and Regulatory Reporting in the range of $153,597-199,676 Annual.
**On-site Position**
Accounting, Medicare, Audit, CPA, Controller, Healthcare, Managed Healthcare, DHCS, CMS, Finance, Financial Reporting, Accountant, Assistant Controller
About us
Kern Health Systems is dedicated to improving the health status of our members through an integrated managed health care delivery system.
About the role
The Assistant Controller will provide oversight and financial expertise to the accounting operations of Kern Health Systems (KHS). The Assistant Controller will assist with the financial review and regulatory reporting needs of the Medicare/DSNP line of business. Additionally, this position will also work collaboratively with other department directors to ensure compliance with contractual and regulatory requirements, including DHCS and CMS requirements.
Essential Duties and Responsibilities
- Assists the team in carrying out day-to-day department functions including those related to revenue, payables, investments, cash disbursements, purchasing, general ledger and financial reporting.
- Directs preparation and participation of monthly, quarterly, and annual financial reporting. Monitors compliance with statutory accounting standards and reporting financial data in accordance with generally accepted accounting principles (GAAP) and Governmental Accounting, Auditing, and Financial Reporting (GAAFR).
- Participates in meetings with the Executive team to support the organization’s mission, strategic planning, and short and long-term operational goals of the department.
- Oversees financial reporting and compliance activities, ensuring recording and reporting of financial transactions are accurate, transparent, timely and adhere to regulatory agencies, including DHCS, DMHC, and CMS.
- Manages department workflows and priorities to meet department and organizational objectives and compliance with critical due dates.
- Drives continuous improvement in financial processes, systems, and the establishment of internal controls to enhance efficiency and effectiveness.
- Assists with the development and implementation of strategies to forecast revenue and trend medical and administrative expenses.
- Reviews and analyzes statistical reports and actuarial calculations including those for incurred but not reported (IBNR) claims liabilities.
- Provides leadership and coordinates the timely and proper development and preparation of budget schedules.
- Reviews and evaluates accounting and financial activity reports for the purpose of medical management review and evaluation, medical costs utilization, and explaining budget variances.
- Participates in the hiring, training, and evaluations of department staff; directs, motivates and assists in the development of staff.
- Responsible for the processing and handling of manual checks to various vendors and providers.
- Assists with the preparation of audited financial statements, footnotes, and supplemental information.
Accounting, Medicare, Audit, CPA, Controller, Healthcare, Managed Healthcare, DHCS, CMS, Finance, Financial Reporting, Accountant, Assistant Controller
Other Functions
- Assists management in the preparation and review of various accounting, statistical and financial reports.
- Performs other related duties as assigned.
- Adheres to all company policies and procedures relative to employment and job responsibilities.
Employment Standards:
Education: Bachelor’s degree from an accredited four-year college or university with a major in Accounting, Finance, Business Administration, or a related field of study is required.
Certified Public Accountant (CPA) license is required.
Experience: Minimum offive (5) years of accounting or auditing experience including five (5) years of progressive leadership experience. Experience in health insurance or HMO accounting is highly desirable and experience in public accounting is desirable.
Accounting, Medicare, Audit, CPA, Controller, Healthcare, Managed Healthcare, DHCS, CMS, Finance, Financial Reporting, Accountant, Assistant Controller
Employment Type: Full Time
Years Experience: 5 - 10 years
Salary: $153,597 - $199,676 Annual
Bonus/Commission: No