Director, Financial Reporting

Summary of Position

• Responsible for the preparation and filing of the Enterprise EmblemHealth financial reports on a GAAP and Statutory Accounting basis.
  
• Manage the month end close for the EmblemHealth Enterprise to ensure it is being performed timely, accurately, and in accordance with Statutory Accounting.
  
• Develop Enterprise best practices in reporting statutory results by the individual statutory entities (NY & CT).
  
• Develop procedures and recommend changes in methods or practices when required to assure compliance with professional and regulatory bodies.
  
• Oversee the annual financial statement audit coordination with external auditors.

Principal Accountabilities

• Direct/Manage the financial reporting process. Ensure financial analyses, reports, and statements are prepared accurately, timely and in compliance with both GAAP and statutory requirements.
  
• Direct activities supporting external audits and financial examinations (including SOC 1 & 2 Audits), acting as the intermediary and monitor all deliverables.
  
• Manage the monthly GAAP to STAT accounting adjustments and reporting requirements as required by the NAIC statements and other regulatory agencies.
  
• Coordinate and lead process for Model Audit Rule (MAR).
  
• Maintain inventory of internal control documentation.
  
• Train, mentor, and support staff to ensure they possess the appropriate understanding of accounting policy and company transactions.
  
• Assist in the implementation of programs to enhance staff's skillsets and further their professional development.
  
• Continue realignment of responsibilities and cross-training to address close-critical bottlenecks.
  
• Monitor new accounting and reporting rules facing the Enterprise under GAAP and Statutory principles.
  
• Develop and implement new accounting standards as required.
  
• Develop white papers and interact with external auditors.
  
• Develop an enterprise Statutory Accounting approach to be consistent across all Statutory Entities (NY & CT).
  
• Provide supporting financial analysis and other documentation to internal business partners; prepare documentation in support of financial statements for internal and external auditors, as well as for CMS, DOH and DFS audits.