Accounting Director - Hybrid

Cigna Healthcare•St. Louis, MO

3d•Hybrid

About The Position

The PBM Gross Margin Accounting Director is primarily responsible for completing complex accounting activities relating to the maintenance of a complete and accurate general ledger for the Evernorth PBM’s gross margin accounting, including journal entries and reconciliations. This position will lead a team of approximately 4 individuals as well as work collaboratively with other departments to research and resolve issues. Other duties include performing in depth financial analysis, leading critical projects by weighing in on key requirements, supporting year end audit and managing other adhoc assignments. This position will be responsible for presenting to various key business partners and senior leadership as well as preparing variance analysis and meeting materials. This individual will also be working closely with their leader to support companywide PBM initiatives and other projects as needed. Essential Functions The Director, PBM Gross Margin Accounting, provides leadership for the PBM Accounting Team within Evernorth. This person will: Provides oversight for PBM gross margin accounting activities including month-end close process and related month-end reporting. Influences decision makers across the entire organization including the Senior Leadership and cross-functional partners. Drives completion of high priority business-specific projects Prepares management presentations and present monthly leadership meetings Responsible for developing and ensuring the appropriate controls are in place for key areas/functions and continuously monitoring for effectiveness Provides direction and support for process improvement opportunities Actively participates in identifying and operationalizing automated solutions. Ability to lead discussions on accounting strategy and positions. Addresses necessary escalations and identify paths for resolution. Provides monthly and quarterly details of actuals including variance analysis to CAO and other leadership across the organization. Effectively participates in, and contributes to, staff meetings, committees and departmental work groups to share best practices, improve processes, and/or other items relating to team engagement and knowledge sharing. Participates and contributes in formal and informal training programs and professional development activities which may include taking, developing, and/or conducting sessions. Builds a diverse and effective team by optimizing capacity, creating flexibility, thoughtful planning and performance management. Provides leadership, direction, mentorship for all direct and indirect reports. Builds constructive and effective relationships across the company. Shares ideas across teams and influences outcomes. Develops and executes necessary departmental plans and contributes to the development of functional strategies. Serves a lead role in enabling the business to achieve their objectives through interpretation of contracts and execution of the effective use of accounting operating and automated procedures to achieve business control readiness to support client contractual obligations.

Requirements

Bachelor’s degree; CPA and/or MBA preferred
7+ years of accounting or relevant experience
Knowledge of Generally Accepted Accounting Principles.
Knowledge of PBM industry / Managed care / Medicare / Healthcare industry
Demonstrated proficiency in accounting processes, procedures, and controls.
Experience in general ledger account analysis / reconciliations.
Demonstrated ability to manage teams with diverse skillsets and develop talent.
Strategic agility, influence management and matrix management skills.
Capacity to find alternatives and solutions as well as identify problems.
Excellent judgment, interpersonal and organizational abilities.
Excellent communication skills, including presentations
Proven ability to engage and influence at all levels or the organizational structure.
Proven ability to develop strong working relationships and establish a high level of credibility across functional lines of business and organizational levels.
Embraces creativity to set a vision for the team in successful resolution of pressing issues.
Demonstrated ability to set priorities including, but not limited to time management and organizational skills.
Comfortable with raising questions, issues, ideas or suggestions.
Proven track record of delivering results of high quality.
Proficiency in using Microsoft Office applications
Proven leadership skills, team-orientation and a proactive management style
Ability to learn multiple internal reporting and analytic tools use advanced problem solving skills
Work independently, as well as collaboratively
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

Responsibilities

Provides oversight for PBM gross margin accounting activities including month-end close process and related month-end reporting.
Influences decision makers across the entire organization including the Senior Leadership and cross-functional partners.
Drives completion of high priority business-specific projects
Prepares management presentations and present monthly leadership meetings
Responsible for developing and ensuring the appropriate controls are in place for key areas/functions and continuously monitoring for effectiveness
Provides direction and support for process improvement opportunities
Actively participates in identifying and operationalizing automated solutions.
Ability to lead discussions on accounting strategy and positions.
Addresses necessary escalations and identify paths for resolution.
Provides monthly and quarterly details of actuals including variance analysis to CAO and other leadership across the organization.
Effectively participates in, and contributes to, staff meetings, committees and departmental work groups to share best practices, improve processes, and/or other items relating to team engagement and knowledge sharing.
Participates and contributes in formal and informal training programs and professional development activities which may include taking, developing, and/or conducting sessions.
Builds a diverse and effective team by optimizing capacity, creating flexibility, thoughtful planning and performance management.
Provides leadership, direction, mentorship for all direct and indirect reports.
Builds constructive and effective relationships across the company.
Shares ideas across teams and influences outcomes.
Develops and executes necessary departmental plans and contributes to the development of functional strategies.
Serves a lead role in enabling the business to achieve their objectives through interpretation of contracts and execution of the effective use of accounting operating and automated procedures to achieve business control readiness to support client contractual obligations.