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Manager of Accounting
at Martin's Point
Join Martin's Point Health Care - an innovative, not-for-profit health care organization offering care and coverage to the people of Maine and beyond. As a joined force of "people caring for people," Martin's Point employees are on a mission to transform our health care system while creating a healthier community. Martin's Point employees enjoy an organizational culture of trust and respect, where our values - taking care of ourselves and others, continuous learning, helping each other, and having fun - are brought to life every day. Join us and find out for yourself why Martin's Point has been certified as a "Great Place to Work" since 2015.
Position SummaryThe Manager of Accounting oversees the general ledger accounting and reporting function. This position is responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. This position is responsible for coordinating the timely completion of the month end close. The Accounting Manager oversees cash management and cash processes, accounts receivable, fixed asset management, accounts payable and premium billing. Assists the Controller and Corporate Actuary with modeling of IBNR reserves on all at-risk insurance products and self-insured medical expenses.
Responsibilities also include developing and implementing Corporate Financial Policies, oversight of all reporting requirements of the USFHP (Department of Defense) at the federal level and Generations Advantage (CMS) at the federal and state levels.
Lead business financial management
Responsible for timely and accurate financial management and reporting in accordance with GAAP, Statutory Reporting and Corporate Accounting Policies. Reporting encompasses both financial reporting to the board and monthly departmental reporting. Responsible for all financial reports to the Board of Directors, President, CFO, External Auditors and the analysis of all accounts. Assures that an effective internal control structure is in place to minimize organizational risk. Responsible for ensuring appropriate and compliant accounting process documentation and work flow documentation is maintained.
Responsible for detailed financial operating structure to keep cash controls to a maximum. All Corporate financials must follow GAAP, Statutory Reporting and Corporate Accounting policies. Coordinates and maintains a good working relationship with our audit firm and keeps auditors informed of corporate changes, status of company, and concerns. The position must also work closely with the outside actuary, Department of Defense and the Maine Bureau of Insurance. Works closely with the Director of Accounting to ensure successful completion of all audits.
Develops and implements policies to ensure the operation of the Accounting Team is in compliance with company philosophy. Interprets accounting best practices and ensures that reasonable controls are in place to create an effective control environment. The Accounting Manager works with teams throughout Martin’s Point to coordinate and implement policies that foster a strong control environment and accurate financial reporting.
Inventory/Fixed Asset Management
Responsible for Asset Management in accordance with GAAP, Statutory Reporting and Corporate Accounting policies. Works closely with all managers within the company regarding Asset management. Directs physical inventory counts on an annual basis.
Directs the enhancement of automation within the Finance department through constant analysis of current systems and implementation of improvements. Assists in development and implementation of new procedures and features to enhance the workflows of the department.
Manage the performance of the Accounting team, including development and monitoring of personal performance commitments that support the operating plan. Provide timely and constructive feedback to ensure performance commitments are met and to foster continued staff growth and development. Responsible for hiring, performance management, and personal development of the Accounting Team.
- Reviews and ensures timely and accurate completion of all monthly account reconciliations
- Assists in the compilation of information for the Company’s annual tax return
- Assists the Director of Accounting with special projects as needed
- Provides input into the annual budget for the Accounting Team and assures adherence to budget and other targets set by the VP Finance.
- A Bachelor’s degree in Accounting, Business Administration or related discipline; MBA and/or CPA preferred
- 7+ years progressively increasing experience in Accounting
- 3 + years of people leadership experience required
- Management of month end close experience required
- Public Accounting experience a plus
Experience coordinating and implementing policies that foster a strong control environment and accurate financial reporting required
- Excellent computer and analytic skills
- Experience with full risk capitation and physician practices preferred
- Extensive knowledge of GAAP and financial accounting
- Strong communication and interpersonal skills
- Ability to work in a highly complex and fast moving healthcare and insurance environment.
- Strong analytical and organizational skills.
- Strong leadership and supervisory skills
- Demonstrates an understanding of and alignment with Martin’s Point Values.
We are an equal opportunity/affirmative action employer.
Do you have a question about careers at Martin’s Point Health Care? Contact us at: email@example.com
Martin’s Point Health Care is a progressive, not-for-profit organization providing primary care and health insurance plans to the people of Maine and beyond. The organization owns and operates seven primary care health care centers with over 70 health care providers in Maine and New Hampshire and accepts most major insurance plans. Martin’s Point also administers two health plans: Generations Advantage, the largest Medicare Advantage plan in Maine, and the US Family Health Plan (TRICARE Prime®) for military families and retirees throughout New England. For more information, visit https://careers.martinspoint.org.