Location 929 Gessner Road, Houston, TX 77024 Category Executive
group Requisition 100095493 Type Full time
At Memorial Hermann, we’re about creating exceptional
experiences for both our patients and our employees. Our goal is to
provide opportunities for our diverse employee population that
develop and grow careers in a team-oriented environment focused on
Every employee, at every level, begins their journey at Memorial
Hermann learning about the history of the organization and its
established culture built on trust and integrity. Our employees
drive this culture, and we want you to be a part of it.
Directs and manages the overall financial operations along with
administration of its business practices. Has overall supervisory
responsibility for internal control, budgeting, contract
management, financial statement analysis and presentation,
underwriting, policyholder services, claims processing and
litigation, reinsurance cessions. Responsible for coordination with
the System Accounting team for accurate financial reporting. Will
have direct oversight of the Finance and Underwriting departments.
This position will also be a member of the executive team for the
Health Plan and will responsible for leading coordination or
implementations of various system wide initiatives for division.
Job Description Minimum Qualifications
Education: Bachelor’s degree in Business, Accounting, Finance,
or aligned field required, Master’s degree preferred
Experience / Knowledge / Skills:
10 years of healthcare finance and/or accounting experience,
with at least (7) years health plan experience
Previous Finance Leadership experience with demonstrated,
successful track record
Working knowledge of regulation regarding self-funded and fully
insured health plans (Texas Department of Insurance, CMS,
Knowledgeable and compliant with all relevant laws, rules
regulations and accreditation standards and requirement
Knowledge of GAAP, Statutory Accounting, financial survey
documents, and IBNR calculations.
Prior successful survey and audit experience.
Prior experience collaborating with Actuaries as well dyadic
partners to accomplish goals.
Demonstrates commitment to the Partners-in-Caring process by
integrating our culture in all internal and external customer
interactions; delivers on our brand promise of “we advance health”
through innovation, accountability, empowerment, collaboration,
compassion and results while ensuring one Memorial Hermann
Administers the underwriting, actuarial, financial and
statistical reporting functions in accordance with established
policies and procedures. Trains subordinates on the above areas and
monitors performance to ensure fiscal responsibilities are
Understands system policies and procedures in addition to
government regulations as appropriate, and ensures that the Health
Plan division is in full compliance.
Oversees the annual budget and month end close processes with
responsibility for appropriate System collaboration.
Develops long and short-range operations plans, which may
include service demand analysis, resources availability analysis,
and cost benefit analysis of proposed capital and staff expansions
as well as business plan preparation.
Monitors, interprets and analyzes financial performance in
realizing established plans and objectives. Identifies and reports
undesirable trends and potential business opportunities and makes
recommendations for action.
Directs the preparation of internal financial reports and board
reports. Assures the timely and accurate preparation of financial
reports and assures that the reports reliably reflect the financial
position. Works with the Chief Accounting Officer to ensure timely
and accurate financial reporting.
Presents financial updates to appropriate leadership boards.
Assumes the lead role in analyzing and exploring means of
reducing operating costs and increasing net revenues and cash
collections based on knowledge of market trends, financial reports,
and statistical information.
Communicate, collaborate and cooperate with internal and
Comply and adhere to all HIPAA regulations and
Compliance/Program Integrity requirements.
Ensures safe care to patients, staff and visitors; adheres to
all Memorial Hermann policies, procedures, and standards within
budgetary specifications including time management, supply
management, productivity and quality of service
Promotes individual professional growth and development by
meeting requirements for mandatory/continuing education and skills
competency; supports department-based goals which contribute to the
success of the organization; serves as preceptor, mentor and
resource to less experienced staff.
Partners in Caring – Demonstrates commitment to the
Partners-in-Caring process by integrating both Behaviors and
Operating Principles in all internal and external customer
interactions. Performs duties with accountability, competency,
innovation, collaboration, compassion and respect to create the
best possible outcomes with exceptional customer experiences.
Other duties as assigned
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Executive group, Houston, Texas, United States Remove
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Equal Employment Opportunity. Memorial Hermann Health System
shall provide equal employment opportunities without regard to
race, color, religion, age, national origin, sex (including sexual
orientation and gender identity), pregnancy, disability, genetic
information, U.S. military service, or any other characteristic
protected by law.