The Operational Accounting and Banking Manager will be responsible for monitoring general accounting practices, developing internal accounting controls, and managing the daily operations of all accounting activities.
Responsibilities include, but are not limited to:
•Leading and mentoring a team of five across three billing sectors: direct bill, carrier payments, and employer billing
•Managing overall cash accounting; analyzing and reporting daily client cash activity and reconciling various client bank accounts to cash applications and carrier payments
•Project planning for accounting and banking initiatives, includes acquiring requirements, leading internal and external meetings, prioritizing client needs in line with organizational standards and securing relevant client sign off throughout the implementation
•Communicating and collaborating with internal and external customers as needed regarding project deliverables, including managing expectations, presenting, and interfacing with clients
•Achieving accounting operational objectives by contributing to accounting information and recommendations for strategic plans
•Acting as an internal control check point by performing routine audits and checks to confirm data credibility, analyzing data for consistency, accuracy, and reasonableness
•Managing relationships with several banking partners, payment merchants, and our internal treasury teams
•Managing control documents that are maintained by multiple parties, ensuring audits and results are posted timely
•Partnering regularly with our client and billing service teams to ensure vetting, integration and sharing of processes, and that information is shared in a timely manner and with a focus on the overall client relationship with bswift
•Developing and implementing new processes and procedures to enhance the workflow and productivity of the department
•Regulating internal controls to maintain financial security
•Five to seven years of experience in accounting specifically for accounts receivable, revenue, billing and cash position
•Three to five years of experience in a supervisor role, managing a team of direct reports
•Hands-on experience and expertise with reconciling activities – specifically for A/R and revenue accounts and reconciling\analyzing large data sets; as well as A/R journal entries
•Strong Microsoft Excel skills (V-Lookup, Pivot Tables, etc.)
•Solid understanding of accounting principles
•Strong understanding of internal controls processes, familiarity with SOX compliance concepts
•Strong communication skills, ability to be client-facing
•Must reside in Chicago or surrounding suburbs and able to commute to Downtown Chicago office
CVS Health requires its Colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, or religious belief that prevents them from being vaccinated.
If you are vaccinated, you are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status within the first 10 days of your employment. For the two COVID-19 shot regimen, you will be required to provide proof of your second COVID-19 shot within the first 45 days of your employment. In some states and roles, you may be required to provide proof of full vaccination before you can begin to actively work. Failure to provide timely proof of your COVID-19 vaccination status will result in the termination of your employment with CVS Health.
If you are unable to be fully vaccinated due to disability, medical condition, or religious belief, you will be required to apply for a reasonable accommodation within the first 10 days of your employment in order to remain employed with CVS Health. As a part of this process, you will be required to provide information or documentation about the reason you cannot be vaccinated. In some states and roles, you may be required to have an approved reasonable accommodation before you can begin to actively work. If your request for an accommodation is not approved, then your employment may be terminated.
Experience in the benefit administration or healthcare space
Bachelor's Degree in Accounting
At Aetna, a CVS Health company, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We are committed to maintaining a diverse and inclusive workplace. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, gender, gender identity, age, disability or protected veteran status. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
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