Finance Manager

On-Site required Job Title: Finance Manager Location: Pasadena, California. On-Site required. About Us Join our dynamic team at Imperial Management Administrators Services (IMAS), a Management Service Organization (MSO) that manages a portfolio of healthcare entities, including Imperial Health Plan of California, Inc. (a 3.5-star MAPD plan), Imperial Insurance Companies (ACA), Imperial Health Holdings, A Professional Medical Group (California RBO), among others. We are dedicated to providing value-based care to members while maintaining compliance with regulatory requirements. Job Summary We are seeking a detail-oriented and experienced Finance Manager to oversee and manage the Financial Analyst team. The Finance Manager will be responsible for key financial operations within our organization. The ideal candidate must have at minimum 5 years of experience and strong understanding of the MAPD business model, including reconciliation of CMS premium to revenue, Division of Financial Responsibilities (DOFR) as it relates to fee-for-service claims and capitation payment processes, and regulatory reporting requirements. This role requires a combination of deep analytical skills, financial expertise, and technical proficiency to ensure accuracy, compliance, and operational efficiency. Key Responsibilities Capitation Payments and Risk Adjustment Ensure CMS H5496 capitation payments are accurately received for all enrolled members based on the application and risk adjustment factors. Verify the accuracy of capitation calculations by the capitation team, including IPAs (Independent Practice Associations) and PCPs (Primary Care Providers) capitation expense. Ensure no claims are paid for members for whom CMS did not provide capitation payments. Regulatory Reporting And Compliance Manage and oversee reporting requirements for DMHC (Department of Managed Health Care), TDI (Texas Department of Insurance), NAIC (National Association of Insurance Commissioners), and other regulatory requirements, as needed. Prepares and tracks IPA financial solvency for all affiliated RBO’s to present and distribute to management team. Maintain compliance with all applicable regulatory standards and reporting deadlines. Claims Review the Fee-for-Service (FFS) claims ensuring adherence to Division Of Financial Responsibilities (DOFR). Partner with the CEO, Claims Director, Claims Recovery, and others on claims settlement. Oversee the Claims Recovery team and Configuration to prevent errors or discrepancies that could impact financial outcomes. Financial Projections And Analysis Develop financial projections and forecasts for multiple entities within the organization. Analyze financial data and trends to support decision-making and strategic planning. Technical And Analytical Support Utilize SQL or other coding tools to extract and analyze financial data as needed. Collaborate with the data team to enhance reporting accuracy and efficiency. Acts as a liaison to the Information Technology Department for the creation of various database queries on utilization, membership, revenue sources, etc. Qualifications At minimum, Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree preferred). Extensive experience (at minimum 5 years) in the healthcare industry, specifically with MAPD plans and risk adjustment processes. Proficiency in regulatory reporting (DMHC, TDI, NAIC, etc.). Strong knowledge of capitation and FFS claims processing. Technical proficiency with SQL or other coding languages for data analysis. Exceptional analytical, organizational, and problem-solving skills. Excellent communication and collaboration abilities. Preferred Skills Experience working in an MSO or with managed entities like Imperial Health Plan of California, Inc. Familiarity with CMS guidelines. Strong understanding of financial processes correlated to MAPD business models. #J-18808-Ljbffr Imperial Health Plan of California, Inc.