Health Care Service Corporation

Executive Director, Client Accounting

Health Care Service Corporation$161K — $299K *
US-AnywhereRemote in Oak Brook, IL
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting is required.
  • 15+ years of relevant professional experience required.
  • Minimum of 10 years in leadership roles and managing high-performing teams.
  • Demonstrated strong time management and organizational skills.
  • Exceptional verbal and written communication skills are a must.
  • Highly analytical with a data-driven decision-making approach.
  • Experience in the Healthcare sector, particularly with value-based care, Medicare Advantage, and risk-sharing agreements.

Responsibilities

  • Lead all accounting and treasury functions for 25+ clients overseeing $1.4B in medical costs.
  • Oversee monthly and year-end close processes ensuring timely and accurate financial reporting.
  • Prepare client accounting packages and address inquiries from internal and external stakeholders.
  • Manage annual audits, ensuring compliance with relevant regulations and guidelines.
  • Handle 1099 generation for applicable stakeholders and oversee bank account management.
  • Plan and forecast cash flows and manage disbursements for clients.
  • Facilitate effective communication between executive leadership and client Physician leadership.

Benefits

  • Health and wellness benefits.
  • 401(k) savings and pension plans.
  • Minimum of 15 days of paid time off and paid parental leave.
  • Disability and supplemental life insurance coverage.
  • Employee assistance program and paid holidays.
  • Tuition reimbursement and other incentives.
  • Flex-hybrid work model with 3 days in office and 2 days remote work.
Full Job Description
Job Summary
The Vice President, Client Accounting will lead all accounting and treasury functions for CareAllies’ (the Company) clients. This individual will be accountable for timely and accurate financials for 25+ clients, in excess of $1.4B in medical costs under management. Responsibilities include overseeing both monthly and year-end close processes, preparing client accounting packages, and addressing internal and external questions, inquiries, and ad-hoc analyses. This role will lead annual audits, ensure regulatory compliance, and manage 1099 generation for all applicable stakeholders. In addition to accounting, this position will also manage treasury functions for the clients, including bank account management, cash flow planning and forecasting, and disbursements. This position will report directly to the Chief Financial Officer and work closely with executive leaders across the organization as well as client Physician leadership. The ideal candidate will be strong in external and internal collaboration and communication, initiating process improvements, time management and flexibility, and managing employees. This role will be highly visible internally and externally, with a critical need for exceptional written and verbal communication skills.

Job Requirements:

  • Bachelor Degree in Accountingrequired.

  • At least15+years of relevant professional experience.

  • A minimum of10years of responsible leadership experience in management positionswith a history of developing andretaininghigh-performingteams.

  • Demonstrate excellenttime management andorganizational skills.

  • Demonstrateexceptionalverbal and written communication skills.

  • Highly analytical withabilityto make data-driven decisions.

  • Demonstrate high attention to detail and a high degree of accuracy.

  • Ability to meet deadlines while managing multiple deliverables, a wide range ofprojectsand dynamic priorities.

  • ExperienceintheHealthcare industry,value-based care,MedicareAdvantageand risk sharing agreements.

  • Proventrack recordofcross functionalbusinesspartnership.

  • Strong presentation skills withtheability to effectively articulate financials to audiences with varying degrees of financialexpertise.

  • Able to effectively communicate technicaland / or complexconcepts with team members,internalcustomersand external stakeholders.

  • Focus on compliance, risk management,and process controls

  • Aligned to the Company27s corporate mission/values and looking to drive innovation within healthcare for patients and other stakeholders.

  • Positive attitude withan excitementto learn and develop.

  • Supportsopen, inclusive culture that supports learning and encourages collaboration.

  • Proficient in MS Office Applications and ability to learn department and job specific software systems.

Preferred Requirements:

  • Ability to travelas needed

  • Location: Chicago, IL

This is a flex-hybrid role: 3 days in office, 2 days work from home

#LI-PD1

#LI-HYBRID

Pay Transparency Statement:

At CareAllies, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, a minimum of 15 days27 of paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays,tuition reimbursement, plus other incentives, we offer a robust total rewards package for full-time employees.

The salary offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Min to Max Range:

$161,500.00 - $299,700.00

Exact compensation may vary based on skills, experience, and location.

About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. HCSC offers a wide variety of health insurance products and related services, through its operating divisions and subsidiaries in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC's headquarters is located in Chicago, Illinois.
Learn more about Health Care Service Corporation
Size
24,000 employees
Industry
Founded
1936

Similar Jobs

  • VP
    $120K — $180K *
    Ultimus Fund Solutions
    Minneapolis, MN 55407 (Hennepin County)
  • VP
    $150K — $200K *
    Ultimus Fund Solutions
    Boston, MA 02115 (Suffolk County)
  • VP
    $120K — $180K *
    Ultimus Fund Solutions
    Philadelphia, PA 19120 (Philadelphia County)
  • VP
    $120K — $180K *
    Ultimus Fund Solutions
    Clifton Park, NY 12065 (Saratoga County)
  • VP
    $120K — $180K *
    Ultimus Fund Solutions
    Columbus, OH 43230 (Franklin County)
  • VP
    $120K — $180K *
    Ultimus Fund Solutions
    Milwaukee, WI 53215 (Milwaukee County)

More Jobs at Health Care Service Corporation

More Healthcare Jobs

Find similar Executive Director, Client Accounting jobs: