Manager Financial Operations
Job Description
The Financial Operations Manager is responsible for understanding the financial operations of the TPA including collections, cash application, and finance business systems and support including workflow, processes, related systems, and procedures.
- Responsible for overall disbursements function including financial and operational reconciliation, provider payment releases and inquiries
- Relationship owner and subject matter expert for provider check and EFT payment platforms, inclusive of inventory reporting and oversight of file transmission.
- Ensure the proper transfer of cash/payables data to the general ledger.
- Ownership of Accounts Receivable reconciliation, maintenance, support, and reporting to internal business partners.
- Must be able to identify customer focused process improvement opportunities, system inconsistencies, assess root cause issues, apply business solutions and facilitate training opportunities.
- Acts as a business consultant and partner with internal and external customers to maintain workflow controls and consistency.
- Consults with management regarding business solutions to streamline processes and reduce adverse impact to customers.
- Oversees the design, development and implementation of complex business needs and has overall project management responsibilities.
- Acts as liaison with Accounting to ensure accurate financial reporting
Qualifications
- Bachelor’s Degree in Business, Finance, Accounting, or related field
- Eight or more years of related experience to include working in a health insurance or comparable industry (size and complexity) in a finance or related function.
- Demonstrated ability to define complex business issues and determine “best fit” solutions. Demonstrated effective project management skills necessary.
- Experience integrating new systems and managing system implementation processes.
- Proven ability to analyze trends and compile detailed financial and operational reporting to support business needs.
- Proven ability to build successful teams, develop and establish strategic direction, promote adoption and execution of the vision.
- Proven ability to participate in departmental knowledge transfer activities and facilitating/delivering training and cross-training opportunities.
- Working knowledge of Web based applications, including PeopleSoft preferred.
- High proficiency with Microsoft Excel, Word, and Outlook.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.