Manager, Financial Compliance Audit, $10,000 Sign On Bonus

Manager, Financial Compliance Audit

The Manager, Financial Compliance Audit (Finance) is offering a $10,000 Sign On Bonus. This role is responsible for a variety of complex areas in the Medi-Cal, D-SNP, LACC, PASC-SEIU, and Medicare benefit and processes. This position manages the financial audit team in ensuring the delegates such as plan partners, PPGs, & capitated hospitals, etc. adhere to contractual agreements, applicable laws & regulations, policies, and industry standards. This role is responsible for planning and executing financial solvency audits to meet the audit calendar and reporting requirements. The position manages the quarterly / annual financial analysis to ensure delegates are financially solvent. The Manager monitors the plan partners' oversight activities of their Medi-cal provider network. The position provides guidance based on generally accepted accounting principles that is generally accepted auditing standards of state and federal regulatory requirements for CMS, DHCS and DMHC. Collaborates with cross-functional business units to identify and address non-compliance audit issues.

Manages all aspects of running an efficient team, including hiring, supervising, coaching, training, annual performance reviews, disciplining, and motivating direct reports.

Develop goals, objectives and action plans for assigned staff, which includes full management responsibility for the hiring, performance reviews, salary reviews and disciplinary matters for direct reporting employees.

Manages complex projects, engaging and updating key stakeholders, developing timelines, leads others to complete deliverables on time and ensures implementation upon approval.

Plans and implements systems and procedures to maximize operating efficiency and achieve strategic priorities.

Monitor and analyze membership data by delegate on a monthly basis to assign the annual claim processing and financial solvency audits, adherence to regulatory requirements.

Manage complex financial solvency audits to ensure quality deliverables, resolve audit issues, and issuance of final audit reports. Request and follow-up on Corrective Action Plans (CAPs) on non-compliant audit results.

Develop, implement and execute the audit program and audit procedures for updates and / or changes in the agreement and applicable regulations.

Oversee the comprehensive financial analysis on a quarterly and annual basis to ensure Plan Partner (PPs), Participating Physician Groups (PPGs), and capitated hospitals comply with the financial solvency requirements. Request and follow-up on CAP for non-compliant issues.

Monitor the plan partners' audit and quarterly financial analysis of their Medi-cal provider network.

Provide data and information to other business units and management as need.

Communicate effectively with Director of Financial Compliance regarding compliance matters from audits or quarterly financial statements analysis including recommendations and corrective action plans requirements.

Maintain related companys policies and procedures ensuring they are remain current.

Proactively identify opportunities to improve the effectiveness and efficiency of the financial audit function.

Perform other duties as assigned.

Education Required

Bachelor's Degree in Finance or Accounting or Related Field

In lieu of degree, equivalent education and / or experience may be considered.

Education Preferred

Master's Degree

Experience

At least 6 years of experience in financial auditing in a managed care industry.

At least 4 years of leading staff or supervisory / management experience.

Completion of the L.A. Care Management Certificate Training Program may substitute for the supervisory / management experience requirement.

Skills

Must be able to handle the growing population in the L.A. Care network and audit activities.

Excellent verbal and written communication skills.

Proven experience in leading and managing audit teams.

Significant experience in assessing, investigating, and auditing compliance risks.

Knowledge of relevant managed care regulations and audit methodologies.

Excellent analytical and problem-solving skills.

Ability to interface professionally with both internal and external customers at all levels of the organization.

Must be self-motivated, detail-oriented, prioritize assignments, and able to work as part of a team.

Knowledge of and ability to oversee the major responsibilities, accountabilities, and organization of the audit and compliance function.

Knowledge of and ability to create, implement, evaluate and enhance internal control processes.

Licenses / Certifications Required

Licenses / Certifications Preferred

Certified Public Accountant (CPA)

Required Training

Physical Requirements

Light

Additional Information

Salary Range Disclaimer : The expected pay range is based on many factors such as geography, experience, education, and the market. The range is subject to change.

L.A. Care offers a wide range of benefits including Paid Time Off (PTO), Tuition Reimbursement, Retirement Plans, Medical, Dental and Vision, Wellness Program, Volunteer Time Off (VTO).