About The Position

The Financial Accounting Manager - HCBS is responsible for overseeing the financial operations, reporting, and compliance of the organization's Home and Community-Based Services (HCBS) division. This role ensures accurate accounting practices, timely financial reporting, and adherence to all federal, state, and payer regulations specific to HCBS programs. Requiring a professional who deeply understands HCBS billing, AR management, and payer reimbursement processes.

Requirements

  • 5+ years of progressive accounting experience, with at least 2 years in a supervisory or managerial role.
  • Proven experience in financial reporting, general ledger management, and month-end/year-end close processes.
  • Experience preparing and reviewing financial statements in compliance with GAAP.
  • Experience with ERP/accounting systems (e.g., NetSuite, Oracle, SAP, Sage, or QuickBooks Enterprise).
  • Strong working knowledge of Medicaid and MCO reimbursement processes preferred.
  • Experience managing AR, billing, or revenue cycle functions within a healthcare or HCBS environment strongly preferred

Nice To Haves

  • Background in healthcare, manufacturing, or multi-entity organizations preferred (customize as needed).

Responsibilities

  • Oversee daily accounting operations for HCBS, including accounts payable, accounts receivable, payroll allocations, and general ledger maintenance.
  • Lead the full accounts receivable (AR) cycle, including claim submission, payment posting, denial management, and reconciliation of outstanding balances.
  • Monitor AR aging reports, identify trends in payment delays or denials, and implement strategies to improve collections and reduce days sales outstanding (DSO).
  • Ensure accurate and timely billing to Medicare, managed care organizations (MCOs), private pay, and other funding sources.
  • Collaborate with billing and operations teams to resolve claim errors, eligibility issues, service authorization discrepancies, and payer rejections.
  • Maintain payer portals and ensure compliance with billing requirements, documentation standards, and reimbursement guidelines.
  • Prepare and analyze monthly, quarterly, and annual financial statements.
  • Monitor budgets, forecasts, and cash flow to ensure operational and fiscal compliance with state Medicaid and HCBS funding guidelines.
  • Reconcile financial data and ensure proper revenue recognition from Medicaid, private pay, and other funding sources.
  • Partner with operations leaders to evaluate financial performance and identify opportunities for cost efficiencies and growth.
  • Support external audits, cost reporting, and compliance reviews; prepare documentation and coordinate responses.
  • Manage month-end and year-end close processes, ensuring accuracy and timeliness.
  • Implement and maintain internal controls to safeguard assets and ensure regulatory compliance.
  • Assist with developing financial policies, procedures, and system improvements that enhance transparency and accountability.
  • Provide oversight of collections staff (if applicable) and ensure timely follow-up on outstanding AR.
  • Prepare AR-related KPIs and report trends to leadership, identifying risks and solutions to protect revenue and optimize cash flow.

Benefits

  • We offer an excellent benefit plan to include 401K with match, CEU reimbursement, vacation, sick, holidays, medical, dental, and supplemental insurance Plans as well as a Highly competitive compensation package.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Manager

Industry

Nursing and Residential Care Facilities

Education Level

No Education Listed

Number of Employees

1,001-5,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service