Manager, Financial Reporting

Manager of Financial Reporting

HealthCare Partners, IPA and HealthCare Partners, MSO together comprise our health care delivery system providing enhanced quality care to our members, providers and health plan partners. Active since 1996, HealthCare Partners (HCP) is the largest physician-owned and led IPA in the Northeast, serving the five boroughs and Long Island. Our network includes over 6,000 primary care physicians and specialists delivering services to our 125,000 members enrolled in Commercial, Medicare and Medicaid products. Our MSO employs 200+ skilled professionals dedicated to ensuring members have access to the highest quality of care while efficiently utilizing healthcare resources. HCP's vision is to be recognized by members, providers and payers as the organization that delivers unsurpassed excellence in healthcare to the people of New York and their communities. We pride ourselves on selecting the most qualified candidates who reflect HCP's mission of serving our members by facilitating the delivery of quality care. Interested in joining our successful Garden City Team? Position Summary: Under the direction of the SVP of Finance and Controller, the Manager of Financial Reporting leads the general ledger and financial reporting functions, overseeing a team responsible for complex accounting activities and enterprise-wide financial reporting. This role ensures the integrity, accuracy, and timeliness of financial information in accordance with U.S. GAAP, while driving continuous improvement in reporting processes, internal controls, and financial analytics. The Manager serves as a key partner to Finance leadership and cross-functional stakeholders, providing insights that support strategic decision-making, operational performance, and regulatory compliance. This position combines strong technical accounting expertise with leadership, process optimization, and analytical capabilities.

Essential Position Functions/Responsibilities:

• Lead the preparation and review of monthly, quarterly, and annual financial statements for internal leadership, health plan entities (HCP, HPN), and external auditors.
• Manage and continuously improve the month-end and year-end close processes to ensure accuracy, completeness, and timeliness.
• Oversee general ledger activities, including journal entries, intercompany transactions, and account reconciliations.
• Ensure all financial reporting is compliant with U.S. GAAP, applicable regulatory requirements, and organizational accounting policies.
• Review and approve journal entries, balance sheet reconciliations, and supporting schedules.
• Investigate and resolve discrepancies, including out-of-balance conditions and inter-fund adjustments.
• Establish, document, and enforce strong internal controls to safeguard company assets and ensure financial integrity.
• Partner with internal and external auditors to support audits, including preparation of schedules, documentation, and responses to audit inquiries.
• Lead the development, enhancement, and automation of financial and operational reporting, dashboards, and analytics.
• Analyze financial results, identify trends and variances, and provide actionable insights to senior leadership.
• Collaborate with Operations and other departments to provide financial guidance on current and proposed initiatives.
• Support budgeting and forecasting processes by monitoring performance, analyzing variances, and recommending corrective actions.
• Partner with Information Technology and Business Intelligence teams to leverage historical claims data in support of financial modeling.
• Evaluate proposed provider contract terms by modeling reimbursement scenarios and validating rates prior to execution.
• Monitor contract performance by comparing actual reimbursements to contracted terms, identifying underpayments or revenue leakage.
• Analyze and model the financial impact of transitioning from fee-for-service to value-based or risk-based arrangements.
• Supervise, mentor, and develop general ledger accounting staff, fostering a high-performance, accountable team environment.
• Provide training and guidance to enhance staff competencies in accounting, financial reporting, and analytical techniques.
• Manage workload distribution and ensure deliverables meet high standards for quality, accuracy, and timeliness.
• Promote a culture of continuous improvement, accountability, and collaboration within the Finance team.
• Identify and implement process improvements to increase efficiency, accuracy, and scalability of financial operations.
• Maintain ownership over both recurring and ad hoc reporting deliverables, ensuring consistency and reliability.
• Prepare and present special analyses, reports, and surveys for leadership, regulators, and external stakeholders.
• Lead or contribute to system implementations, upgrades, and financial reporting automation initiatives.
• Perform other duties and special projects as assigned.

Qualification Requirements: Skills, Knowledge, Abilities

• Strong knowledge of U.S. GAAP and the ability to interpret and apply accounting standards and financial reporting requirements.
• Advanced analytical and problem-solving skills, with a demonstrated ability to translate data into insights.
• Proven leadership experience with the ability to manage, mentor, and develop high-performing teams.
• Strong attention to detail and commitment to accuracy, with an audit-focused mindset.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across all levels of the organization, including executive leadership.
• Proficiency in Microsoft Office Suite (Excel, Access, PowerPoint, Outlook), with advanced Excel skills required.
• Experience with SQL and data querying tools (e.g., SQL Server Management Studio) preferred.
• Experience with ERP financial systems required (preferably Sage Intacct or PeopleSoft).

Training/Education/Experience:

• Bachelor's degree in Accounting, Finance, or a related field required; Master's degree preferred.
• CPA certification preferred but not required.
• 7–10 years of progressive experience in corporate accounting and financial reporting, including supervisory experience.
• Prior experience in healthcare finance, particularly managed care, strongly preferred

Base Compensation: $130,000-$150,000 annually Bonus Incentive: Eligibility based off organizational performance Benefits: Fully paid Medical & Dental employee coverage + robust benefits package (PTO, 401k, FSA, Tuition Reimbursement, etc.) Equal Employment Opportunity Statement: HealthCare Partners, MSO is committed to fostering a diverse and inclusive workplace. We provide equal employment opportunities (EEO) to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability, genetics, or any other protected status under federal, state, or local laws. In compliance with all applicable laws, HealthCare Partners, MSO upholds a strict non-discrimination policy in every location where we operate. This policy applies to all aspects of employment, including but not limited to recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Job Disclaimer: The above job description outlines the general scope and responsibilities of the position. It is not intended to be an exhaustive list of duties, skills, or qualifications required. Responsibilities may evolve based on business needs.